When Quality Fails
08 June 2022 - 1:07AM
ValueWalk
Dear fellow investors, Academics argue that there are three proven
factors of investing: Value, quality (Asness’s QMJ) and momentum.
For our discipline, we don’t believe we can add alpha in the
latter. Momentum is a weird thing, though proven. To emit a
yogi-ism, you either have it or you don’t. Value and quality, in
comparison, […]
https://www.valuewalk.com/when-quality-fails/
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