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Animal Spirits Podcast · 2025-10-20 · 29 min · 5,594 words

Talk Your Book: Value + Momentum: The Best of Both Factors

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Today's Animal Spirits Talk Your Book is brought to you by Victory Capital. Go to vcm.com to learn more about their Victory Shares momentum suite of products. It's VCM.com to learn more. Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnick and Ben Carlson as they talk about what they're reading, writing, and watching.

All opinions expressed by Michael and Ben are solely their own opinion and do not reflect the opinion of Rydholtz Wealth Management. This podcast is for informational purposes only and should not be relied upon for any investment decisions. Clients of Rydholtz Wealth Management may maintain positions in the securities discussed in this podcast. Welcome to Animal Spirits with Michael and Ben.

Michael Eugene Fama, Mr. Efficient Market Hypothesis man himself, creator of the three-factor model, he says, what do you think is the most the world's best factor? How did he say it? I can't remember the exact quote.

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