From Underdogs To Superstars: Small-Cap Investing Defies Expectations
Intelligent investing involves buying more than what you are paying for. Imagine the returns netted by investors who decades ago bought and held on to today’s giants such as Reliance Industries, TCS, Infosys, L & T and the likes? In just the last 10 years alone, these stocks have generated 14-20 per cent CAGR returns. Welcome to the world of investing. If you spotted these giants 20-30 years ago, your gains would have been manifold.