What sort of companies do you focus you core long term portfolio in, big or small companies. By big I mean market caps in the billions where as small cap I'm meaning under 500 million. e.g. Coca Cola Amatil CCA is big and Tox Free Solutions TOX is small (two of my holdings).
Why do you choose one over the other?
How often do you buy and sell these long term stocks?
Ideally, I'd like to find a small company, invest in it early and hold it until it becomes a big company, but most of the time I've found they grow quickly when they are small and then hit a roof and stop growing.
I'd prefer to invest in bigger companies but not sure if they have the same returns as a good mix of smaller ones?