Got it! Thanks for the response. I wasn't sure whether that was a comment on RT's strategy (i.e. implying something else going on) or on the industry as a whole.

It'd be an interesting short white paper/post to see what a technical take on DD would be in a fund of funds/institutional investing scenario. I guess that would take away some of the value of the rise in the "consultants" we're getting calls from every day.