The article discusses Warren Buffett's disappearing alpha but why that doesn't matter to most of the investors with Buffett, who act as high-quality, long-term shareholders. The article outlines eight contributions Buffett has made that transcend his performance.
The recent outperformance of momentum gives us an opportunity to talk about this style of investing, the theories behind why momentum has the potential to work, how momentum can be measured, the risks of momentum (and there are plenty), and how momentum can be combined with other fundamental factors to aid in stock selection.
