Timing the US stock market is usually a fool’s errand, a fact not lost on venerable small-cap investing pioneer Chuck Royce. Earlier this year, he and other investors focused on smaller US companies watched as they suffered their worst stint relative to larger stocks in more than two decades.
试图把握美国股市的时机通常是一件愚蠢的事情，这一事实并未被小盘股投资先驱查克•罗伊斯(Chuck Royce)忽视。今年早些时候，他和其他专注于小型美国公司的投资者目睹了这些公司相对于大型股票遭遇了二十多年来最糟糕的表现。
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