Good morning from Paul!
I'll leave it there for today, and the week.
Didn't buy Warpaint? - really insightful article here from Ed, delving into a new study on momentum. Very topical as we enter a new bull market. I've also always had problems buying shares in an up-trend, and where valuation looks stretched. I've missed loads of good investments in this way, sitting on the sidelines complaining about a stretched valuation whilst it gradually multibags! So there's a lot I need to learn about just paying up for the best companies, and not letting the value investor in me block that path. Although there's also the point that this strategy could result in over-paying for stretched shares, right at the top.
Explanatory notes -
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