The hottest Momentum Substack posts right now

There are two types of true entrepreneurs: those who love the mission they're obsessed with and those who love the game of entrepreneurship itself.
The entrepreneurial type you are, whether Type I or Type II, can significantly impact how you approach ideas, your role, and your long-term success.
Identifying whether you are driven by the love for a mission or the game of entrepreneurship can help you understand your motivations, make better decisions, and potentially find more fulfillment in your entrepreneurial journey.

Momentum investing is based on the idea that winners will keep winning and losers will keep losing.
In a story about finding a lost submarine, leveraging the collective wisdom of diverse individuals led to success.
A simple momentum investing strategy has shown consistent, outperforming results over years and different market conditions.

Persistence of performance is more important than pure price momentum in predicting future returns.
The Directional High Minus Low (D-HML) strategy focuses on the persistence of positive returns to generate excess returns of around 1% per month.
D-HML strategy offers more downside protection during extreme drawdowns compared to traditional momentum strategies.

Game theory helps explain behavior in real-world contexts like tennis
Professional tennis players strategically mix their serves to remain unpredictable
Players strategically allocate effort based on the importance of points, sets, and matches

Momentum can be a signal for action, not just a judgment of character.
Positive and negative momentum can guide decision-making on creative projects.
Taking a break and trying something different based on momentum can lead to unexpected success.

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