Episode

US Small Caps: Margin of Safety

Podcast
The Capital Cycle Podcast
Published
May 30, 2025
Duration seconds
791
Processing state
not_requested
Canonical source
https://shows.acast.com/the-capital-cycle-podcast/episodes/us-small-caps-margin-of-safety
Audio
https://sphinx.acast.com/p/open/s/66acfe26e65b9fd5b02a0fcd/e/6838c31e964166a365d45457/media.mp3
JSON
/v1/public/podcasts/the-capital-cycle-podcast-6980110/episodes/us-small-caps-margin-of-safety
Markdown
/podcast/the-capital-cycle-podcast-6980110/us-small-caps-margin-of-safety.md

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Summary

The underperformance of smaller capitalisation US stocks leaves valuation multiples at historically high discounts to larger companies. Counter-intuitively, this may reverse in an economic downturn.   Edward Chancellor talks to Tom Wharram, a US analyst at Marathon. For more information, or to access select articles from Marathon’s  Global Investment Review  publications which accompany this podcast series, please visit  www.thecapitalcycle.co.uk Hosted on Acast. See acast.com/privacy for more information.