Momentum-based Stock Selection, Is Simple, But Not Easy

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Momentum-based Stock Selection, Is Simple, But Not Easy
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Wes Gray will address 3 key questions related to momentum-based stock selection systems: 1) Is momentum capacity too low? 2) Is momentum too crowded? 3) Can this “open secret” work in the future?

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Q2 hedge fund letters, conference, scoops etc

Momentum-based Stock Selection, Is Simple, But Not Easy

Qualivian Investment Partners July 2022 Performance Update

stocks performance 1651757664Qualivian Investment Partners performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more Dear Friends of the Fund, Please find our July 2022 performance report below for your review. Qualivian reached its four year track record in December 2021.  We are actively weighing investment proposals. Starting in November Read More

Transcript

Kick off your people watched him play. What have it. So just knows I've got to ask you. Fortunately Emilio right after this or had to decide question. Yeah drop me a card. That is your my background. Is. Over. It. So the fact that I'm sitting here. Top. Seed and Thomas's everyone's. Saying. Yes. Years ago Graham Grand investor Warren Buffett a fun stock if he didn't have religion. You didn't mention technicals or momentum. Literally. Oh so it took me a long time. Finally to join the team here. So this is a presentation that is. My long. Time. They. See. Is not. A bunch of loose. People. Right. So what we're talking about today is. Momentum but a very particular vein remonstrate. Now over cross-sectional all can't explain exactly what I mean by that. So we can have a conversation that is fruitful. Talk about three or four questions we get all the time. I think dancers might be better a perhaps of pricing. And the first question is okay well Madden is great but this is just keep it alive and transaction costs. That would mean there's always the other one is. Okay great. It doesn't get destroyed in transaction costs but everyone's traded. The thing is too crowded so that's also a bad situation. And then the third one is OK you could trade profitably after costs there's too many people that know about it and do it. How can it be possible that open secrets. Everyone knows about. Momentum. Q Can you work out a scene right out of it at least a framework. That may be possible. He chose not to. So first covers what is format. In the cable actually is a lot of things to a lot of different people. There's a man out. There tires. Tread foreigners cross-sectional there's all these ideas they are controlling. What I'm talking about. We'll keep switching between this straight white. Men.

Access time. Why. He. Says. His. Own. Section.

Is nothing to stop stop stop. He had a point in time. Say well like all of us in terms of a geek what. This trend. Is. What. Is going. On. With.

This stuff.

Or basic industry parkrun about this. We don't because. We're. In. The wrong. Direction.

You're right. He's right. Some charts are positive and he said it is great.

We could have a situation where the stock is down 10 percent is down.

Updated on

Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)www.valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
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