The otherwise perfect theory of “Efficient market hypothesis” has few observations which the academicians ignore as ‘anomalies’.

The first such anomaly is ‘Value Investing’ which has consistently proven to outperform the markets if followed with the required rigor and discipline. There have been numerous studies and countless books on the same. One such study which you should read is done by Tweedy and Browne called, “What has worked in Investing”.

The other anomaly is Momentum. There are equally high number of studies on the subject. A lot of them have been conducted by one of our previous guest, Wesley Grey. It was a fascinating conversation with him on combination of these two anomalies. There are countless books on this subject too. Few of them are based on really pioneer work in this area. One such book is ‘Dual Momentum investing’. It’s a fascinating read and it comes from a fascinating character too. No wonder its a 5-star rated book on Amazon. The author is a practitioner, researcher and has worked with many legends of the industry, including Paul Tudor Jones, John Henry etc…

Today, our guest for this podcast is the author of Dual Momentum investing, an amazing human being and equally great momentum investor, Gary Antonacci.