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Momentums - Can Concentration Lead to Higher Returns?
The biggest thing learned would be the prose cons which is really just, the con is really just tracking errorad potential under performance of a more concentrated portfolio. And so to the extent you're investing in these strategies, you just want to make sure you understand that if you are a person that's going to literally open your statement and say "My momentum fund just lost to the index by five %" You're probably better off doing like a closet index type momentum strategy.