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Valley Forge

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  1. The New Breed of Active Management

    Lessons from last year’s sales champions.

  2. Rethinking Commodities

    The biggest return-driver for commodity futures is market structure, not fundamentals or spot prices.

  3. Do Bear-Market Veterans Manage Better in a Downturn?

    Survivors from the 1970s are still applying prudent approaches.

  4. Asset-Allocation Heavyweights Square Off

    The discussion is cordial and ends with a friendly wager, but John Hussman and Gus Sauter find little common ground.

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