Chuck Royce has focused on small-caps since launching his first mutual fund in 1972.
Today, his company has $11.8 billion under management, and almost all of that is invested in small-cap stocks.
Royce and co-CIO Francis Gannon tell Business Insider how they’re investing now.
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Aside from Warren Buffett, there aren’t many investors today who got into the market before the launch of a major index like the S&P 500 in March 1957. But Chuck Royce, who has focused on investing in smaller companies for more than 50 years, has done just that.