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  "documentTitle": "Adapting to Endure Sequoia Capital 2022",
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      "text": "As this pivot was digested by the markets, the best performing assets when rate expectations were falling – including technology, biotechnology, and recent IPOs – have been the worst performing assets.",
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      "text": "We are just beginning to see how the increasing cost of money flows through to impact the real economy. In the last 6 months, a new mortgage is 67% more expensive for the same house.",
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