John Lounsbury
John Lounsbury
Send Message
John Lounsbury
Stop FollowingJohn Lounsbury
More on ILMN by John Lounsbury
COMMENTS STATS
3,793 Comments
9,799 Likes

Does Valuation Matter? [View article]
The fly in the valuation ointment is the estimation of future earnings. At best, it is an educated guess. At worst, it is a dart board.
Thus, enter momentum. If one has a nimble strategy with good loss prevention techniques, one can far outperform a successful value investor with momentum trading. I believe the truly great can combine value investing with momentum strategies.