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....feel that midcaps aren't necessary, since they have some of the return characteristics of the small caps and some of the return characteristics of the large caps. My contention is that midcaps do, indeed, have some of the nice return characteristics of the small-caps and large-caps, but, IMO, they eliminate two of the potential problems in those groups -- "bubbles" in the large caps and IPO-mania, such as experienced in the dot.com craze, in the small caps. As Taylor is fond of saying, there are many roads to Dublin. IMO, either the four corners or a mid-cap strategy will get you there. Regards, Mel Originally posted in thread: 57436

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