Below is a chart and brief excerpt from today's Early Lookwritten by Hedgeye CEO Keith McCullough.
On Wall Street lots of people come and go. It’s really the Street Smart people that stick around the longest, though. You know - The People who have both the mental humility to learn (quickly) from mistakes and the ability to constantly evolve their #process…
Now that I know what Factor Exposures (like Long Momentum, MTUM, for example) trump my prior schooling, I understand that, sometimes, I should only like a stock if its “expensive”… and really like a short if its “cheap”, and getting cheaper.
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