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ביקורת ספר: Dual Momentum Investing

ביקורת חיובית לספר Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk.
This is a dynamic approach to asset allocation, using only stocks and bonds for reasons that the author explains. The model (Global Equity Momentum--GEM) switches between the S&P 500 and the ACWI ex-U.S. based on relative strength momentum and uses aggregate bonds as a safe haven during bear markets based on absolute momentum signals taken from the S&P 500.