Hi all, I started studying up on finance and investing a few months ago and in that time I've learned about the power of index funds and factors. I've also noticed that, at least on Reddit, there are many, many people with large cap growth heavy portfolios. My question is: why? It seems that the empirical data suggests large cap growth will underperform small cap value. There are also theoretical theories behind the value and size premiums and why they might persist rather than be priced in. The only arguments I can think of in favor of large cap growth are: 1) smaller dividends = more tax efficient in taxable accounts, 2) large caps are less volatile, 3) "this time is different" - a few companies will devour the less of the market, for example, 4) recency bias. Please steelman the case for large cap growth!