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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (6556)4/8/1998 12:42:00 PM
From: Oeconomicus  Read Replies (1) of 18691
 
Bigoted, Craig? Chill everyone. I think we can agree that momentum "strategies" have done very well while those of us who focus on real, financial fundamentals were led to the wrong conclusions. Well reasoned I think, but still wrong. That does not mean that mo mo will win and value will lose going forward. Now Craig, won't you agree that much of the recent bandwagon investing is not based on any real analysis of anything? Call it irrational exuberance, a mania, stupid money, whatever. Let's see if mo mo is any better at picking tops than value investing.

Bob
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