- The R2000 returned 27.2% in 2009, modestly
outperforming the S&P 500’s 26.5% total return. It was a
superb year to own small-caps, reinforcing yet again that stocks discount marginal
change and forward events, not current news and that equity prices are heavily
influenced by liquidity. Investors that focused
on current ’09 no...full article available after login
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