I may come across as with an opposite view, but I have to express my thoughts on this.
Our ultimate goal in investing is increasing our capital. To do that, we need to keep on upgrading our methods and strategies. When we start our investment journey, we come across some style of investing, which we follow and may fall in love with that strategy. But sticking to it and not improving or giving chance to ourselves to learn new ways and styles will defeat the purpose. Profit maximization is the core principle of capitalism. To do that, we need to expose ourselves to most of the methods available and then work on them to finetune it which is most efficient and effective. Evolution of mankind and the technology is on the basis of foundation of not getting satisfied and keep innovating and learning new things and new ways. If we stop that, we will become mentally old.
For momentum style, I happen to read about it quite a bit, and many will be surprised that momentum strategy is the oldest investing strategy , starting from Dutch Market. Then it was followed by Technical and just recently from 1929 onwards, from Benjamin Graham and Warren buffett, fundamental style became popular. So that way, we tend to think fundamental is old and momentum is new…but in reality its opposite.
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