“Most leading brokers cannot spare the time and money to research smaller stocks. You are therefore more likely to find a bargain in this relatively under-exploited area of the stock market.”
Highlighting what Slater thought was the inherent greater potential for the growth of smaller companies, he said, “I once compared a very large company with an elephant by making the comment that elephants don’t gallop.”
“You get out of an investment what you put into it, so the first decision you have to make is how much time you are prepared to devote to the initial task of acquiring a basic knowledge of investment.”