Small caps...

When I was buying stocks for my super fund via a big city broker, because the firm only does research work on blue chips, the big caps dominated.

In the last 12 months, my small caps have now dominated the scene.  There were many that have fallen on the wayside as resource stocks plunged... but some have risen beyond expectations.  I also invested in technological stocks that have done well.

Yesterday, AFR had a section on small caps but I found it irritating because the article only gave 2 stocks away and both were under-performers.  None of the stock pickers from small cap funds gave anything away.  Anyone can make a statement that small caps will outperform so it is not news at all.

My star pick was GXY, GOR, EDE, AVB, ORE and NEA.   And I did pick WBC before it rose during the financial crisis and I had continued to buy SYD when it was tumbling to its trough.  Luckily for me, when a stock tumbles to nothing, you lose what you paid but when it rises dramatically, it can be a huge gain.  I won't be investing much in speculative shares as my retirement age approaches.