{"product_id":"quantitative-momentum-isbn-9781394377930","title":"Quantitative Momentum","description":"\u003cb\u003eThe individual investor's comprehensive guide to momentum investing\u003c\/b\u003e \u003cp\u003e\u003ci\u003eQuantitative Momentum\u003c\/i\u003e brings momentum investing out of Wall Street and into the hands of individual investors. In his last book, \u003ci\u003eQuantitative Value\u003c\/i\u003e, author Wes Gray brought systematic value strategy from the hedge funds to the masses; in this book, he does the same for momentum investing, the system that has been shown to beat the market and regularly enriches the coffers of Wall Street's most sophisticated investors. First, you'll learn what momentum investing is \u003ci\u003enot\u003c\/i\u003e: it's not 'growth' investing, nor is it an esoteric academic concept. You may have seen it used for asset allocation, but this book details the ways in which momentum stands on its own as a stock selection strategy, and gives you the expert insight you need to make it work for you. You'll dig into its behavioral psychology roots, and discover the key tactics that are bringing both institutional and individual investors flocking into the momentum fold. \u003c\/p\u003e\u003cp\u003eSystematic investment strategies always seem to look good on paper, but many fall down in practice. Momentum investing is one of the few systematic strategies with legs, withstanding the test of time and the rigor of academic investigation. This book provides invaluable guidance on constructing your own momentum strategy from the ground up. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eLearn what momentum is and is \u003ci\u003enot\u003c\/i\u003e\n\u003c\/li\u003e \u003cli\u003eDiscover how momentum can beat the market\u003c\/li\u003e \u003cli\u003eTake momentum beyond asset allocation into stock selection\u003c\/li\u003e \u003cli\u003eAccess the tools that ease DIY implementation\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe large Wall Street hedge funds tend to portray themselves as the sophisticated elite, but momentum investing allows you to 'borrow' one of their top strategies to enrich your own portfolio. \u003ci\u003eQuantitative Momentum\u003c\/i\u003e is the individual investor's guide to boosting market success with a robust momentum strategy. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eWESLEY R. GRAY, PHD,\u003c\/b\u003e is founder and CEO\/CIO of Alpha Architect, an asset management firm delivering affordable, active exposures for tax-sensitive investors. He is coauthor of \u003ci\u003eQuantitative Value \u003c\/i\u003eand \u003ci\u003eDIY Financial Advisor,\u003c\/i\u003e as well as author of \u003ci\u003eEmbedded: A Marine Corps Adviser Inside the Iraqi Army.\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eJACK R. VOGEL, PHD,\u003c\/b\u003e is CFO\/CIO of Alpha Architect, an asset management firm delivering affordable, active exposures for tax-sensitive investors. He is coauthor of \u003ci\u003eDIY Financial Advisor.\u003c\/i\u003e\u003c\/p\u003e  \u003cp\u003e\u003cb\u003ePraise for Quantitative Momentum\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e“Systematic momentum investing, as opposed to its complementary cousin value, has not gotten the investor attention it deserves. Wes and Jack fix this problem. Anyone interested in systematic investing should read this book and add more tools to their repertoire.”\u003cbr\u003e \u003cb\u003e—Cliff Asness,\u003c\/b\u003e Managing and Founding Principal of AQR Capital Management \u003c\/p\u003e\u003cp\u003e“In our own research, we have found that the predictive price return momentum pattern persists backward in time for hundreds of years in equities and for extended out-of-sample settings for other classes of assets. Anyone who is using, studying, or incorporating momentum will find a wealth of information in the pages of \u003ci\u003eQuantitative Momentum.\u003c\/i\u003e”\u003cbr\u003e \u003cb\u003e—Chris Geczy,\u003c\/b\u003e Founder and CEO of Forefront Analytics \u003c\/p\u003e\u003cp\u003e“If you want to understand, explore, and ultimately exploit momentum investing, then there is no better (or faster) way than to read \u003ci\u003eQuantitative Momentum.\u003c\/i\u003e”\u003cbr\u003e \u003cb\u003e—Pat O’Shaughnessy,\u003c\/b\u003e Principal and Portfolio Manager of O’Shaughnessy Asset Management \u003c\/p\u003e\u003cp\u003e“Wes and Jack do an admirable job explaining momentum principles and its behavioral basis. If you are interested in using momentum as a stock selection tool, this is a must-have book.”\u003cbr\u003e \u003cb\u003e—Gary Antonacci,\u003c\/b\u003e author of \u003ci\u003eDual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk\u003c\/i\u003e \u003c\/p\u003e\u003cp\u003e“\u003ci\u003eQuantitative Momentum\u003c\/i\u003e is the story of momentum-based stock selection algorithms. Wes and Jack lucidly explain how and why these systems work.”\u003cbr\u003e \u003cb\u003e—Narasimhan Jegadeesh,\u003c\/b\u003e Dean’s Distinguished Chair in Finance at Goizueta Business School  \u003c\/p\u003e\u003cp\u003e\"Systematic momentum investing, as opposed to its complementary cousin value, has not gotten the investor attention it deserves. Wes and Jack fix this problem. Anyone interested in systematic investing should read this book and add more tools to their repertoire.\"\u003cbr\u003e—\u003cb\u003eCliff Asness,\u003c\/b\u003e Managing and Founding Principal of AQR Capital Management\u003c\/p\u003e \u003cp\u003e\"Most investors would assume the 'premiere anomaly' is value, when in fact it is momentum. Let Wes and Jack take you through a MBA course on momentum that will have you saying by the end — 'the trend is your friend.'\"\u003cbr\u003e—\u003cb\u003eMeb Faber,\u003c\/b\u003e CIO of Cambria Investment Management\u003c\/p\u003e \u003cp\u003e\"Wes and Jack have looked under every rock for an edge and they've found it with momentum. Momentum is the 'premier anomaly', so no surprise this is their best book yet. Buy it and read it.\"\u003cbr\u003e—\u003cb\u003eAdam Butler,\u003c\/b\u003e CEO of ReSolve Asset Management​\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989896708325,"sku":"NP9781394377930","price":22.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394377930.jpg?v=1761785831","url":"https:\/\/k12savings.com\/products\/quantitative-momentum-isbn-9781394377930","provider":"K12savings","version":"1.0","type":"link"}