Factor Investing & Momentum

Hanauer: Momentum strategies extend beyond pure price momentum

Matthias Hanauer

“Momentum investing can be implemented through multiple approaches beyond traditional price momentum, including cross- market momentum and news-based momentum. The strategy can be enhanced by techniques that limit momentum crashes (like those in 2009 and the 1930s) while sacrificing only a small portion of the premium. This broader conception of momentum reflects information spillovers across different data sources and markets.”

Faber: Net payout yield combined with momentum and low volatility factors

Meb Faber

“Pim van Vliet's research demonstrates that combining net payout yield (dividends plus buybacks) with low volatility and momentum factors produces strong returns, yielding 15% annually from 1929 to 2022. The strategy selects from the largest 1,000 stocks, choosing the 500 with lowest three-year volatility, then picking 100 with best net payout yield and momentum for quarterly rebalancing.”

Grieve: Fundamentalists exit as momentum traders drive bubbles

Kyle Grieve

“In market bubbles, fundamentalists initially drive prices up in line with intrinsic value increases, but as momentum traders (trend followers) observe the upward price movement and begin buying, they push prices beyond fundamental value. This creates a dynamic where fundamentalists exit as valuations become stretched, while momentum traders continue buying, resulting in fewer fundamentalists and more momentum-driven participants as the bubble inflates.”

Is Value Investing DEAD? Matthias Hanauer Explains

Matthias Hanauer

“…value because it's most negatively correlated to the other factors so I think you shouldn't stick to the most basic book to price definition you can also enhance it by incorporating in Tanga bles into the signal but I think book to price is really in a multia”

Is Value Investing DEAD? Matthias Hanauer Explains

Matthias Hanauer

“fundamental factors related to acrs earnings quality but also valuation and momentum and what was very interesting there was that residual momentum was picked up as one of the first momentum factors that is a factor that was discovered by my colleagues in a pa”

Audiobook - Shareholder Yield: A Better Approach to Dividend Investing - 2nd Edition | #565

Meb Faber

“…tperformance of this Market approach first has chosen three factors low return volatility High net payout yield and strong price momentum don't even require accounting data this makes implementation easy even even for nonprofessional investors then the results”

Mastering Focus Investing | Warren Buffett's Strategy w/ Kyle Grieve (TIP678)

Kyle Grieve

“…ossibility may be small can be put through the ringer if we factor that into our investing analysis process it will greatly help in making sure that the risk we take with an investment isn't too much you can see the language of probability written all over sta”

Money Masters of Our Time: Timeless Investing Tactics From Legends w/ Kyle Grieve (TIP771)

Kyle Grieve

“…he insisted on were things like a sound balance sheet, satisfactory cash flow, an above-average return on equity, able management, the prospect of continued growth, an attractive product, and a strong market in which to operate. So, these criteria definitely d”

Mastering Focus Investing | Warren Buffett's Strategy w/ Kyle Grieve (TIP678)

Kyle Grieve

“…volatility of a portfolio and this measure was called beta Factor now the third priest of modern finance that Robert covers is Eugene f f believe that stock prices are not predictable the market is simply too efficient and as new information becomes available”

Winning the Long Game: Global & Contrarian Value Investing w/ Soo Chuen Tan (TIP647)

Soo Chuen Tan

“…ve we survived besides luck which is obviously always a big factor in our industry there are few modes in what we do but we believe that we do have several sources of competitive Advantage structurally we're set up to invest over longer term time Horizons than”

Investing in Exceptional Businesses for the Long Run w/ Dev Kantesaria (TIP680)

Dev Kantesaria

“…ks and also what's tax efficient which matters in long-term investing there's no Playbook better than the buffet Monger Playbook and that Playbook is quite simple to describe you own very high quality businesses we Define quality as finding the perfect interse”