Valuentum Exclusive Analysis for the Discerning Investor

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President of Investment Research Brian Nelson talks about the new theory of the stock market and explains how syllogisms developed by Noble prize winners and the largest asset managers may not accurately reflect active management at the investor level, which Nelson argues is what matters. Running time: ~15 minutes.

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Excerpts from Value and Momentum Within Stocks, Too (Valuentum)

Read the paper from the beginning here (pdf).

Tickerized for stocks in the Dow Jones Industrial Average.