Combine growth and value to win
from Real Money
Tim Melvin of The Street had a little free time this week so he spent it testing numbers and theories of investing. Melvin has long been fascinated by the theory of Cliff Asness of AQR Management and a few others that combining growth-oriented momentum investing with a value approach inside a portfolio would outperform the overall market. It is a great theory, but a lot of the great theories deal with such large subsets of stocks they cannot be easily replicated in real life.
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