Feynman Portfolio Study: Part 8

In Part 8 of the Feynman Portfolio Study, which concludes the analysis of  “Momentum” Investing as a major Strategy option, I look at the question of “How Many Assets (ETFs) should I include in my Portfolio?”

There is no definitive answer to this question, but the analysis provides an idea as to the performance trends that might be expected as we change this parameter.

The analysis assumes that assets are chosen using the Momentum Ranking method introduced in Part 5 of the Study and continues the concept of “Momentum Weighting” used in Parts 6 (Section 6.2.6) and 7.

Part 8 is available as a downloadable Word file here with detailed asset holdings and allocations provided in Appendix 15 here.