Published on 20 Jan 2023 on GuruFocus.com via Yahoo Finance
Why 2023 Is the Year to Apply Buffett's Cigar Butt Strategy
After a turbulent 2022, small-cap value stocks have rebounded sharply so far this year, eclipsing the S&P 500 by more than 2%. Many investors might be wary of these stocks as economic uncertainty lingers, but statistical analysis indicates there is no reason to panic as small caps tend to outperform the broader market during stages of economic contraction and early recovery.
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