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#28: Michael Oliver On Why Momentum Is Truth In Markets

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of Momentum in Price Chart Measurements

Gates: My political philosophy background caused me to distrust money units. And then I sort of satiate my way out of simple price chart measurements by implementing momentum metrics. The first time that really smacked me in the face in terms of genuinely going forward with momentum as a method was in 1987, he says. Gates: Momentum clearly forecasted that event.

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