
MI Rewind: Buying Winners Through Momentum Investing w/ Wes Gray
The Intrinsic Value Podcast - The Investor’s Podcast Network
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How to Use a Momentum Strategy to Enhance Returns
It can go either way. It just really depends on the situation and how you use it as a tool. If you have two positive expected bets, but they're uncorrelated, there's going to be a benefit from a portfolio standpoint. So in that case, diversification would be great. But if you've got like 20% stocks, 80% bonds, or you put your money under your mattress...you need kind of like high octane.
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