Lucky HML are adaptive, and trade short term positions.
And given they also trade currencies, commodities, bonds, and the unlisted space..... Well i'm not so concerned if stocks drop off a bit during that time.
I agree with Stuarts view of a multi year bull run, with the obvious bouts of short term volatility every so often.
Exciting times ahead for HML holders !!
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Another view on HML. Is it all what it seems?, page-55
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