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Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk
book

Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk

by Gary Antonacci
November 2014
Intermediate to advanced
256 pages
5h 39m
English
McGraw-Hill
Content preview from Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk

CHAPTER 8

GLOBAL EQUITIES MOMENTUM

        There is a tide in the affairs of men which, when taken at the flood, leads to fortune.

William Shakespeare

WE HAVE SEEN HOW MOMENTUM evolved, what assets are best to include in a momentum-based model, and what we mean by relative, absolute, and dual momentum. We have also identified the tools and criteria we need for evaluating our results. We are ready now to create an integrated model that transforms momentum concepts into a real-world experience.

Based on the past success and high-risk premium of equities, we will anchor our investment portfolio in U.S. stocks and switch into non-U.S. stocks in accordance with relative strength momentum. We will hold bonds (short to intermediate term) only when ...

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Publisher Resources

ISBN: 9780071849449