the long wait2 Dec 2021 12:37
"This is the way" of small-cap investing - if the company is not in a large or mid-cap index where the index funds put their money to work continually or shift allocations gradually, and changes in SP are more gradual. Many small caps pop up in a very short period of time on good news, and then decline for a long period of time as people get tired of waiting and take profits. So you need the attitude that you may have to wait for long periods of time and possibly suffer large drawdowns, waiting for that next piece of good news.