A momentum strategy as you mentioned requires frequent rebalancing with trading in and out of positions. Trying to do momentum as a retail investor unless you got your act squared away on like your execution frictional costs is silly, right? We never did momentum until we got the ETF rap because at least theETF rap I get rid of the problem. Unfortunately, if you like it, go buy a product, go invest in someone else who's kind of doing this professionally. They're just in a better advantage position than you are.
Clay Finck chats with Wes Gray all about momentum investing, how retail investors can utilize a momentum strategy, and much more!
Dr. Gray earned an MBA and a PhD in finance from the University of Chicago where he studied under Nobel Prize Winner Eugene Fama.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
04:06 - How Wes looks at the world of investing differently with his academic background.
06:48 - Whether just owning the S&P 500 gives investors enough international exposure or not.
09:42 - What momentum investing is and why it works.
30:14 - How retail investors can utilize a momentum strategy.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Help us reach new listeners by leaving us arating and reviewon Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!