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Lie 8

15 Lies About Trading And Investing– Lie 8

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Lie 8: Stock Market Momentum Is A Robust Anomaly

Momentum became a popular buzzword in the past few years due to books, academic papers, and blogs. The basic claim is the momentum is a robust anomaly because it has persisted for a long time as backtests show and therefore it will continue delivering high risk-adjusted . . .