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Although it seems even worse for Mr. Cinnamond. He's now at 60% cash. And he invests only in small caps, which currently have higher valuations than large caps. Finally, the few stocks he does find under-valued (eg., miners) are still dropping.
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Although it seems even worse for Mr. Cinnamond. He's now at 60% cash. And he invests only in small caps, which currently have higher valuations than large caps. Finally, the few stocks he does find under-valued (eg., miners) are still dropping.