saw in the last chapter that stocks seem to exhibit a pattern of short- to middle-term momentum,

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saw in the last chapter that stocks seem to exhibit a pattern of short- to middle-term momentum, along with long-term reversals. How might this pattern arise from an interplay between the conservatism and representativeness biases?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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