by Jim O’Shaughnessy
Editor’s note: Jim O’Shaughnessy is the Chairman and CEO of O’Shaughnessy Asset Management (OSAM) and author of several widely read investing books, the most famous of which is arguably “What Works on Wall Street“.
O’Shaughnessy argues that what won’t work on Wall Street in the coming years is owning the long-term U.S. Treasury bond. He says this security represents the selling (or shorting) opportunity of a generation.
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