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Josh Brown: Five Things Smart Beta Can’t Do For You
FYI: The discussion around Smart Beta gets more ridiculous by the day. This morning I read a highly entertaining bit of nonsense about how smart beta can be used for downside protection. I spit McGriddle crumbs and syrup all over my suit, so my friends at ETF.com owe me a new one.
Here’s a truth bomb about what Smart Beta can’t do for you. Live with it.