Replies to post #2108 on Value Microcaps Pick Six Lotto 02

[steeledge]

VMC's risky?
VMC's are indeed substantially risky, for reasons beyond just business risk. There's liquidity risk, .OB exchange risk, etc.

But the mistake is when VMC risk allows one to come to a conclusion in a vacuum. It's when risk AND return are considered, do I believe that VMC's (especially the ones targeted on this board and the VMC board) far exceed the risk-adjusted return of virtually any other publicly traded security.

Oh, and as for Beta, considering the gamut of VMC's picked on this board, I wonder whether the Beta is >= or < 1.