%0 Journal Article %A Keith E. Gustafson %A James D. Miller %T Where Has the Small-Stock Premium Gone? %D 1999 %R 10.3905/joi.1999.319367 %J The Journal of Investing %P 45-53 %V 8 %N 3 %X The authors compare the recent performance of various equity market capitalization-size groups. They place the underperformance of smaller stocks in a historical context and explore the cyclical nature of small-stock return premiums in an attempt to account for the historical, as well as the potential, underperformance. In the process, they address various arguments against expectations of superior small-stock returns. %U https://joi.pm-research.com/content/iijinvest/8/3/45.full.pdf