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Larry Swedroe: Trades Reveal Institutional Truths

FYI: With trillions of dollars under management, how well institutional fund managers perform is a topic of great interest to many. One reason is that institutional managers have some advantages, at least theoretically, over retail investors.
Regards,
Ted
http://www.etf.com/sections/index-investor-corner/swedroe-trades-reveal-institutional-truths?nopaging=1
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