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</html><thumbnail_url>https://www.thebizsense.com/views/files/2015/02/price-share.jpg</thumbnail_url><thumbnail_width>740</thumbnail_width><thumbnail_height>400</thumbnail_height><description>Continuing to ourperform &#x2013; outperformers. This article follows on from, Book value to market price, wherein what successful investors use heuristics to shape their strategic decisions, was mentioned The FT&#x2019;s James Mackintosh reported recently: &#x201C;Momentum has been the most rewarding bet of the past 40 years. It beat the market and outperformed other popular investment strategies including buying small companies, value investing and picking stocks that are cheap on measures such as price-to-book or price-to-earnings&#x2026; &#x201C;It even beat the market after adjusting for the extra volatility caused by buying into bubbles and losing big when the bubbles burst.&#x201D; Bernstein reports</description></oembed>
