The vast majority of factors across society and around the world have improved massively for decades. Betting against long term progress is a loser’s game.
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Investing in a Transitioning Market
The end of the “easy money” era is unwinding the market distortions of the past decade, reinventing the landscape for businesses and investors
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The Return to Rationality
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The long period of low interest rate fueled a bubble, creating widespread market distortions and irrational valuations
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