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According to Darwin's Origin of Species, the species that survives is the one that is able best to ADAPT and ADJUST to the changing environment in which it finds itself.
See below the twitter profile of Franklin Templeton, a 77 vyears old asset manager with $1.5T assets under management.
A tale of two type of investors...
who will be right? Hedge Funds continue to short treasuries at historic levels while asset managers are building their largest long positions ever recorded! Source: FT, Barchart
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