Equity Style

Portfolio Theory: The Unnatural Alternative?

Buy and Hold strategies have always been poor. With the documented effect of Momentum, style rotation strategies have brought significant increase in returns. I have data since 1994. Others, such as Paul Merriman, have data back to the 1980. Using major asset classes (stocks, bonds, real estate, and commodities) data is available back to the early 1920's. Fundx has data over the past 24 years.

Momentum investing is given a bad name because groups such as Vanguard do not want their investors to use the strategies as the jumping back and forth in equity and assets would play havoc with their funds.

Equity Style