Post by
sunshine7 on Apr 03, 2016 12:53pm
Momentum Trading - not a good quarter...
interesting article at G&M.
https://www.theglobeandmail.com/globe-investor/investment-ideas/the-momentum-trade-has-backfired/article29499552/
Ive heard the same things before. There becomes a prevailing wisdom that value has lost its way, that valuation metrics have lost their way. Yet time and time again, the valuation you pay for a company relative to the cash flow its generating is as timeless as a great Sinatra song, said David Sowerby, a portfolio manager at Loomis Sayles & Co. It lends itself to longer term sustainable returns than the short term momentum game.
Comment by
sunshine7 on Apr 03, 2016 4:04pm
"Watch what happens on CXR and thank us later" ... Please explain what you think will happen. And what do you mean by"us".