Gary Antonacci, founder of Optimal Momentum and author of 'Dual Momentum Investing', discusses his personal portfolio goals and unique momentum-based approach. Topics include retirement, first investment, and important lessons for average investors.
Gary Antonacci aims to generate high returns while minimizing downside risk and thinks outside the box when designing his personal investment strategy.
Antonacci employs momentum investing as the centerpiece of his strategy, utilizing discipline and rigor to capture the persistence and performance of assets that have done well and continue to do so.
Deep dives
Gary Antonacci's Investment Objectives
Gary Antonacci's main objective in his personal investment strategy is to generate high returns while minimizing downside risk. He aims to think outside the box and find an investment approach that makes sense to him, even if it goes against conventional industry practices. His goals include achieving good returns, mental stimulation from navigating the markets, and doing good by donating most of his net worth to charity.
Gary Antonacci's Personal Investing Approach
Gary Antonacci employs momentum investing as the centerpiece of his personal investment strategy. His momentum models focus on equities and fixed income markets, employing discipline and rigor in managing his personal investments. By following momentum strategies, he aims to capture the persistence and performance of assets that have done well and continue to do so. Antonacci emphasizes the long-term risk and return statistics that support this approach.
Gary Antonacci's Approach to Diversification
Gary Antonacci considers diversification within his models rather than looking for additional investments outside of them. His models encompass a wide range of assets, including stock market indices, fixed income, commodities, and managed futures. Antonacci focuses on the synergy of different inputs and the rotational aspect of his models, always looking for higher-return opportunities. He advises against over-diversifying and believes in holding a concentrated portfolio of assets that provide ample diversification within the models.
Gary Antonacci's Combination of Momentum and Other Factors
Gary Antonacci's advanced global equity momentum model combines momentum with other factors like market structure, inner market relationships, and breadth indicators. By integrating these factors, he enhances the effectiveness of his momentum strategies. Antonacci uses a selective leveraged ETF for his NASDAQ model but advises caution in applying leverage. He believes in understanding the emotional response and avoiding unnecessary risks when investing.
In this episode, we speak with Optimal Momentum founder and author of "Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk" Gary Antonacci about the process he uses to construct his personal portfolio. We talk with Gary about the goals he is trying to achieve with his portfolio and the unique momentum-based approach he utilizes to meet them. We also discuss his views on retirement, the first investment he ever made and the most important lesson he would teach the average investor.
We hope you enjoy the discussion.
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