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How to Appraise Momentum
I measure and map every single thing that moves on a three-factor basis using the simplest of models that I use, market timing model. The hard thing to get right is timing securities right down to the screws like to a small cap, a small mining stock on the short side. That's why I take great pride in being called a shorter term or longer term because I think if you can do that over the course of your career, you're going to be much happier than with the alternative.