Fast Start — Too Big to Succeed

Fast Start conversation:  Big companies can spread fixed costs across a larger base.  Big company capability to spread costs means better shareholder, financial performance.

Large companies benefit from scale.  Or so it is said.

CFO.com’s Too Big to Succeed revealed 748, large companies delivered median annualized total shareholder returns of 2.7%.

Size matters, but not compared to small companies who, over the same time, delivered median annualized total shareholder returns of 9.7%.

Are investors better off as small company shareholders rather than large company shareholders?