Having separately demonstrated the benefits of avoiding poor quality and poor momentum names in value investing, we bring both concepts to bear in investment selection. In doing so, we can choose a less discerning criterion that excludes stocks with both poor quality and poor momentum.   Alternatively, we can choose a more rigorous screen, which eliminates stocks with either poor quality or poor momentum. The second approach would result in removing more stocks, leaving more concentrated portfolios. However, if poor quality is a value trap, it makes little sense to continue holding poor quality stocks just because they have decent momentum. Likewise, it makes little sense to buy falling knives just because they have acceptable quality characteristics. Accordingly, we chose the stricter screen, where stocks are eliminated if they have either poor quality or poor momentum. Overall, this screen rules out approximately 40% to 45% of companies in the opportunity set.