momentum

For five years, a group of students from Erasmus University in combination with three Robeco researchers scoured hundreds of financial newspapers from 1866 to 1926. They looked for prices, dividends and market capitalisations of almost 1500 American shares. Based on the entirely new dataset this led to, Robeco now concludes that the momentum, value and volatility (beta) investment factors also existed during those 61 years. 

The wine world was taken by surprise in 1976: Steven Spurrier, the British wine merchant, had a jury of experts taste a series of French and American wines blind. To everyone’s surprise, the United States won gold twice in the categories of Chardonnay (California vs. Burgundy) and Cabarnet Sauvignon (California vs. Bordeaux).