Don't understand exuberance in smallcaps; why chase exotic fruits when these might poison you, says Safir Anand

“I do not understand certain pockets of exuberance in smallcaps for sure. I really do not understand why people are chasing exotic fruits if you have an entire platter of apples and mangoes and whatever else you like on the platter. Why do you have to discover a new fruit that may even poison you?”

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