
Jack Vogel - Momentum in Theory, Momentum in Practice (S1E6)
Flirting with Models
Is There Significant Overlap Between Growth and Momentum?
A significant portion of the total return can be explained by accelerating earnings growth in the underlying securities that are held by the portfolio. So to me, it seems like there is an argument that momentum might actually be a growth strategy. But fundamentally behind that, winner stocks on a price basis are doing well as ecause they have good earnings mementum.
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