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Excluding that approach, in a parimutuel system like the stock market where popularity increases the price of a stock, if one is to outperform an index, then one must have an approach that is different than most other investors, so that stocks can be purchased while the price is low.
Which brings us back to the question of "How many history PhDs work on Wall Street?"My cyclical investment strategy relies in a large part on long term historical patterns of individual companies and also on the dual conclusions that human beings haven't changed much throughout history and that our economic system hasn't changed much in the last 300 years or so (and those changes that have happened can be accounted for, generally understood, and adjustments can be made for them) iPhone Cases sale.
