Great companies come in all sizes, from nimble small-caps disrupting industries to mega-cap titans controlling global infrastructure. What separates exceptional investments from the rest is a combination of business quality and price opportunity that creates long-term wealth for patient investors.
Mega-cap companies (those with a market cap above $200B) are the economic titans that define entire industries and shape global commerce. These are the household names with near-monopolistic positions, global ecosystems, and the financial resources to acquire competitors, create new markets, or weather any storm. When mega-caps move, entire sectors follow.
Large-cap companies (those with a market cap between $10B to $200B) represent the market's established powerhouses. They are industry leaders with proven business models, significant competitive advantages, and the scale to shape entire sectors. These are companies that have survived multiple economic cycles and built durable franchises that generate predictable cash flows even in uncertain times.
Mid-cap companies (those with a market cap between $2B to $10B) occupy the market's sweet spot. They are past the survival risks of early-stage growth but still nimble enough to capitalize on new opportunities. These are often regional powerhouses, category leaders, or companies in the process of scaling proven business models.
Small-cap companies (those with a market cap between $300M to $2B) often operate in overlooked corners of the market, developing new technologies, disrupting established industries, or dominating specialized niches that institutional investors haven't bothered to understand yet.
