文本描述
Praise for
Dual Momentum Investing
Thisisanexcellentbookonthevariousformsofpricemomentum:whytheywork,
includingaverycleverwaytousethem.Ihighlyrecommendinvestorsreadthisbook.
—James P. O’Shaughnessy, author,
What Works on Wall Street
;
Chairman and CEO, O’Shaughnessy Asset Management
GaryAntonaccitakesusonacomprehensivetourofinvestmentmethods,exploring
theirstrengthsandweaknesses,andlaysoutastrongcaseforcombiningabsoluteand
relativemomentum.Iconsider
DualMomentumInvesting
anessentialreferencefor
system designers, money managers, and investors.
—Ed Seykota
IwasfamiliarwithAntonacci’swritingtalentwhenhewonfirstplaceinthe2012
NAAIMWagnerPapercontest,whichIchair.
DualMomentumInvesting
isatreasure
ofwell-researchedmomentum-driveninvestingprocesses.Afterathoroughanden-
lighteningreviewofhistoricalmomentumwritingsandabrief,criticalreviewofmod-
ernportfoliotheory,heclearlyshowsanumberofdifferentmethodsthatanyonewho
isseriousaboutalong-termstrategywillfindeasytoimplement.Thisisoneofthose
five-star books; it is logical and easy to grasp.
—Gregory L. Morris, Chief Technical Analyst
and Investment Committee Chairman,
Stadion Money Management, LLC; author,
Investing with the Trend
In
DualMomentumInvesting
,GaryAntonaccipresentsaclearandscholarlysound
caseforthesuccessofasimplemomentum-basedstrategy.Itiseasytoimplement,yet
itsquantitativenaturehelpsyouavoidyourownbehavioralbiases.Giveitatry;you’ll
be hooked!
—John Nofsinger, PhD, Seward Chair of Finance,
University of Alaska Anchorage; author,
The Psychology of Investing
GaryAntonacci’s
DualMomentumInvesting
iswhathappenswhen“EdThorpe’s
BeattheDealer
meetsSethKlarman’s
MarginofSafety
.”
DualMomentum
presentsa
thoughtfulandtantalizing“dowhatyouknowandknowwhatyou’redoing”invest-
ment process. This is an ambitious and must-have book.
—Claude Erb, retired Managing Director, TCW Group, Inc.
Thisisamust-readforbothindividualinvestorsaswellasfinancialadvisors.Itwill
foreverchangethewayyouthinkaboutdevelopinginvestmentandassetallocation
strategies.
—Dr. Bob Froehlich, retired Vice Chairman, Deutsche Asset Management
GaryAntonacciprovidesafantasticandvaluableviewpointofdualmomentuminvest-
ing.Thisbookishighlyinformative,substantive,andreadableforthesophisticated
investor.Garypresentsawell-craftedbalancebetweenacademicfindingsandapplica-
tion of this emerging topic.
—Victor Ricciardi, Coeditor,
Investor Behavior:
The Psychology of Financial Planning and Investing
Fewauthorscanreviewthebreadthofcompetinginvestmenttheoriesandpracticesin
suchanaccessiblemanner.Evenfewercanmaketheirowncontributions.GaryAnton-
acci’s
Dual Momentum Investing
achieves both.
—Jerry Waldron, PhD, former Assistant Professor
of Finance, University of Memphis
and Assistant Professor of Management, New York University
Stern School of Business
GaryAntonacci’sbook
DualMomentumInvesting
opensupasecretworld—thepower
of momentum investing—that has been hidden in plain sight for decades.
—Kurt Brouwer, Chairman, Brouwer & Janachowski, LLC。