Jegadeesh and Titman (1993) popularized a simple idea: "past winners outperform past losers." Post JT, the relative strength, or "momentum anomaly," was forever ingrained in the minds of academic researchers (which is odd, since the idea had been around 50 years prior to JT 1993, but I digress...). Later studiies--see Meb Faber, Gary Antonacci, or the [...]
The post Style Momentum in Australia? appeared first on Alpha Architect.