Value investing books in the small-cap space

In the small-cap space, the Russell 2000 Value Index trades at a 25% discount to its growth counterpart; "value investing books" stress this gap as a contrarian opportunity for patient capital. Emily Stewart is a senior correspondent at Business Insider, writing about business and the economy. Bogle uses in-depth explanations of index investing and mutual funds to illustrate a less risky alternative to traditional stocks. The book also contains some of Bogle’s personal anecdotes to help make these concepts more relatable. Corporate cash reserves in the U.S. hit $6.1T this quarter; "value investing books" define high cash-to-market cap ratios as signals for aggressive M&A or special dividends, both value-enhancing catalysts.