US Small Caps: Margin of Safety

The underperformance of smaller capitalisation US stocks leaves valuation multiples at historically high discounts to larger companies. Counter-intuitively, this may reverse in an economic downturn.

Edward Chancellor talks to Tom Wharram, a US analyst at Marathon.

For more information, or to access select articles from Marathon’s Global Investment Review publications which accompany this podcast series, please visit thecapitalcycle.co.uk
Hosted on Acast. See acast.com/privacy for more information.