1. Choose the statement which best fits with the concept of Momentum. Momentum is the phenomenon that assets which had a good performance over the recent past, tend to continue performing well in the short-term future.
2. The phenomenon of momentum in finance was first introduced by Richard Herman Driehaus (1942-2021), an American fund manager, businessman and philanthropist.
3. The phenomenon of momentum in finance was first introduced by Richard Herman Driehaus (1942-2021) who once said: the momentum investor has confidence that a stock that is high can head even higher. We rarely invest in stock because it's cheap and hope for a turnaround.
4. The phenomenon of momentum in finance was first introduced by Richard Herman Driehaus (1942-2021), an American fund manager, businessman and philanthropist, and then popularised by Jegadeesh and Titman (1993); see Jegadeesh, N., Titman, S., (1993). Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency. The Journal of Finance, 48(1), 65-91.
5. The phenomenon of momentum in finance was first introduced by Jegadeesh and Titman (1993); see Jegadeesh, N., Titman, S., (1993). Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency. The Journal of Finance, 48(1), 65-91.