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Barry Ritholtz: Vanguard Begins Updating Its Investing Philosophy

FYI: Founder Jack Bogle isn't crazy about smart-beta and factor-based products, but the firm will offer them anyway.
Regards,
Ted
https://www.bloomberg.com/view/articles/2017-12-04/vanguard-begins-updating-its-investing-philosophy?srnd=etfcenter
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