Skip to Content
US Videos

Can Small Caps Continue Their Run?

Morningstar 2008 Manager of the Year Charlie Dreifus says it will probably be more difficult to find reasonably priced small-cap organic growers in the years ahead.

Can Small Caps Continue Their Run?

John Coumarianos: Charlie, I wanted to ask you one more question about the markets in general, something we talked about earlier this morning in our meetings.

I know you're a bottoms-up, fundamental-oriented stock-picker, and you don't base most of your decisions on a macroeconomic outlook. But one can't help but notice, when one looks at the markets for the past decade, that although the S&P 500 has declined, cumulatively, 10%, from the beginning of 2000 through a couple of days ago, the Russell 2000 Index has actually gone up 40%, and the Russell 2000 Value Index has gone up over 120%, I think, over that period of time.

To view this article, become a Morningstar Basic member.

Register for Free

John Coumarianos has a position in the following securities mentioned above: RYSEX. Find out about Morningstar’s editorial policies.