The funds in the small cap stocks on the game, create money effect, the market opportunity in silence.

资金在中小盘题材股上展开博弈，营造赚钱效应，市场在沉寂中孕育生机。

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These might include the difference in returns between small-cap and large-cap stocks (fund managers tend to favour the former) or the level of credit spreads and so on.

大盘股同小盘股的回报差(基金经理比较喜欢前者)、息差水平等都是研究对象。

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Small- or micro-cap stocks, due to low trading volume, usually incur higher risks and face increased volatility in share price.

小型股，微型股由于交易量较小，通常有较大的风险，股价波动也较大。

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Small-cap stocks are tougher to price than large-cap stocks, so there's a 4.7% differential, first to third quartile.

小盘股比大盘股更难定价,第一和第三个四分位数的差距有4.7%

耶鲁公开课 - 金融市场课程节选

At some point, when your dollars were turning into dimes, you'd say, forget this, this is ridiculous, it doesn't make any sense for me to own these risky small-cap stocks.

当一块钱变成一毛钱,你会说,得了吧,这太荒谬,持有这些高风险的小盘股,对我而言没什么好处

耶鲁公开课 - 金融市场课程节选

Small cap stocks fared worse, with returns of 7.6%, 0, 8%, 31.6% and 13.8%, the researchers say.

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McPherson offered two examples of these small cap stocks that benefit from muted economic growth.

FORBES: Investing In A Muted Economic Recovery

Large caps have notably underperformed small cap stocks over the last twelve years.

FORBES: Big Cap, Big Quality, Big Value: CME Group's Future