[COMMENT: Interesting article comparing differing investing styles and approaches.]
(6 February 2017, AFR, p16, by Jonathan Shapiro)
‘Buying stocks that go up, and selling the ones that go down seems like a simple way to beat the market. It turns out that when it comes to Australia, it’s by far the best. Morgan Stanley’s team of quants have just published a study of the most effective “factors” in the Australian stock market over 26 years and concluded that “momentum” trumps them all by a long way.
Read more (and see the graph of investign approaches compared) at AFR.com (might need AFR login access, or try: AFR.com/trial)