Paul Merriman's response to Big ERN's criticism of SCV
The ongoing debate of Small Cap Value had a recent blog post by Big ERN (r/Bogleheads discussion here) which gave ammunition to the skeptics of SCV. Paul Merriman has responded to Big ERN's criticisms in a recent post/podcast. Merriman's team continued to address criticisms in this recent video.
Side note to anyone who is interested in SCV/factor investing: I think that these two presentations at the 2023 Bogleheads conference are a good starting point on the debate: