World’s Most Bearish Hedge Fund Says Active Manager Capitulation Is “Getting Close”

Friday, September 16, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Sep 16, 2016

“Ultimately everyone is forced in. Sometimes this happens through capitulation by previously sceptical investors, or sometimes it happens through pure greed as fear of missing out takes over. The big question is, how close are we to that moment? I think we are indeed getting close. Goldman Sachs data on hedge funds show that top 10 positions for average hedge funds make up 70% of long positions.”

The Rest…HERE

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