![Aswath Damodaran on X: "If you break equities down into sub-groups, unexpected inflation has had disparate effects, with small cap companies and stocks trading at low pricing multiples benefiting (hurting) when inflation Aswath Damodaran on X: "If you break equities down into sub-groups, unexpected inflation has had disparate effects, with small cap companies and stocks trading at low pricing multiples benefiting (hurting) when inflation](https://pbs.twimg.com/media/FKIII4HVgAQRygS.jpg:large)
Aswath Damodaran on X: "If you break equities down into sub-groups, unexpected inflation has had disparate effects, with small cap companies and stocks trading at low pricing multiples benefiting (hurting) when inflation
![Aswath Damodaran on X: "In 2022, when inflationreturned to dominate the conversation, the small cap and value effects have returned, albeit over a small sample period. Small caps outperformed large caps and Aswath Damodaran on X: "In 2022, when inflationreturned to dominate the conversation, the small cap and value effects have returned, albeit over a small sample period. Small caps outperformed large caps and](https://pbs.twimg.com/media/FTOzA60VIAIPK3s.jpg)
Aswath Damodaran on X: "In 2022, when inflationreturned to dominate the conversation, the small cap and value effects have returned, albeit over a small sample period. Small caps outperformed large caps and
![Musings on Markets: A Viral Market Update VIII: A Crisis Test - Value vs Growth, Active vs Passive, Small Cap vs Large! Musings on Markets: A Viral Market Update VIII: A Crisis Test - Value vs Growth, Active vs Passive, Small Cap vs Large!](https://1.bp.blogspot.com/-QDpUw0t0Z_s/XrSOcYW6pzI/AAAAAAAAGxw/CpC1SVMIo1gg68Twd9Lv36sQmVO06Y-BACNcBGAsYHQ/s1600/SmallCapChart.jpeg)