On page 359 of last equity reading, it says in solution 1 that portfolio no longer has small-cap tilt.
That doesn’t seem right. The size coefficient from the first 5 years to the last 5 years when from -0.30 to 0.10. I thought negative value means large cap tilt. Therefore, if we go from -0.30 to 0.10, we no longer have a large-cap tilt and have a small cap tilt since we are at 0.10.