This year, with the Fed cutting rates, people are getting bullish on the prospects of these companies making their debt payments.
Probably most people don't know who he (Weitz) is, but he has a fantastic record and a dedicated following.
A mentality has set in that you should never get help with your finances. But some people would benefit.
In general micro caps are riskier because their share prices jump around more because not as many people are trading them so moves can be more dramatic.
You can't really say it (fee cuts) are happening across the industry. People shouldn't be lulled into thinking expenses are necessarily falling at their fund family.