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The Anti Cramer portfolio is not a sufficient contrarian approach, because the Cramer portfolio also underperforms similar to a random walk. Put another way, t
by sharker8 4y ago
The Anti Cramer portfolio is not a sufficient contrarian approach, because the Cramer portfolio also underperforms similar to a random walk. Put another way, the opposite of a random walk is another random walk.
- mrtnmcc 4y agoMight be able to make an argument based on Regression Towards the Mean and the fact Cramer picks are "extremes".