AQR Goes Back 120 Years To Look At Market Trends – ValueWalk Premium

AQR Goes Back 120 Years To Look At Market Trends

There are many trading legends of lore around the concept of “ Trend Following Strategy .” Perhaps the passive “The trend is your friend” is best known, but also the mantras “Don’t fight the trend,” “Cut losses short and let profits run” and “Trends have always come and gone throughout history” are most meaningful. Now a new study from AQR Capital Management’s Brian Hurst, Yao Hua Ooi and Lasse Heje Pederson, who . . .

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