I equate the difference in large/small caps to real estate.
Some people buy a home in the heavy development area (KO), knowing that the home is easily re-sellable. Usually you don't get much house for your money, because you are essentially buying the location. So you sit in your one bedroom hovel, with a leaky roof and crappy neighbors, and can't wait till something better comes along. It is usually easy to sell the house, unless a recession hits, but you watch the housing market closely to make sure you get out before a downturn hits.
Other people buy homes in the pristine country (THQ), knowing that a lot of buyers will not come looking. You don't really care, because after all, why would you want to move? You have a steady income, plenty of room to live, lovely furniture, and a rock solid foundation. The house has not been listed, so you really don't know what it might be worth. People who visit rave about how beautiful your house is, but can't understand why you built away from the city.
Sometimes the city slickers move out to the country and pay obscene prices to get away from the rat race. Other times, you live in peace and happiness in your beautiful home.
A country bumpkin,
Kory |
