Scott Cooley
![Scott Cooley](/assets/img/authors/unknown.jpg)
Scott Cooley
Scott Cooleywas an Old West Texas Ranger and later outlaw, best known for his association with gunman Johnny Ringo...
caps general jump moves people prices share trading
In general micro caps are riskier because their share prices jump around more because not as many people are trading them so moves can be more dramatic.
educated expenses higher understand
A lot of shareholders are more educated about expenses. That's why they've been migrating to lower-cost funds?They understand higher expenses come out of their own pockets.
eaten
They just don't make sense for (small investors). They'll get eaten up by the commissions.
managers smartest
He is one of the smartest managers around.
cyclical economy investors
These are cyclical stocks. When the economy slows, investors get out.
actively funds mix
Indexing is a long-term strategy. It still makes sense to have a mix of index funds and actively managed funds.
chasing flows growth investors nearly perception performance poorly problem reality seen start stocks strong technology throughout vice wonder
Nearly everything that had done well in 1999 has done poorly this year, and vice versa. I think the problem is perception lags reality with investors. Throughout this year, we've seen strong flows into technology and growth funds, and the stocks haven't done well. You wonder when investors will start chasing performance and go to value.
couple last stay turns twists unexpected
When you think back in the last couple of years, there have been so many unexpected twists and turns in the market. It really makes sense to stay diversified.