Liquidity and Momentum
Liquidity plays a crucial role in asset pricing, particularly for lesser-known investments. Momentum and long-term trends can be beneficial, but relying solely on technical analysis, such as the 200-day moving average, may lead to whipsawing and exhaustion from frequent transactions. A more stable approach, like using a ten-month average, could mitigate some of these issues while still providing valuable insights into market movements.In this clip
From this podcast

Masters in Business
An Interview With Jeremy Siegel: Masters in Business (Audio)
Related Questions