Subject: Re: YLDEARNYEAR thoughts
Similar to the unfashionability of dividends affecting YEY, look at the relative unfashionable state of small caps vs large (& mega caps) caps the last few-several years. SIPro stock picks are generally small caps; very few of those screens have *consistently* beaten 'the market'. Market conditions and styles have changed, constantly do - and we've lost the capability to track these screens' performance vs benchmarks as a group.