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Does ‘Momentum’ Investing Create Stock Bubbles?

Ted

Ted

April 2016 in The OT Bullpen

FYI: Two academics argue that momentum investing, a popular branch of “smart beta,” is exploiting active managers who hew closely to stock benchmarks and stokes a “greater propensity for bubbles.”
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/04/05/does-momentum-investing-create-stock-bubbles/?mod=BOLBlog

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