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Scott Hendrickson - An Unmasking of Quality

Value Investing with Legends

CHAPTER

How Do You Risk Manage Your Shorts?

We don't think that the central bank is done tightening yet. We think there's going to be a more painful future to everything that's coming here. The massive monetary and fiscal expansion created a very scary combination of inflation and a double-digit deficit. One stat that really petrifies us is that the federal debt to GDP is four times higher than it was during the Volcker period.

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