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Research Affiliates: Buy High & Sell Low With Index Funds

FYI: Traditional cap-weighted indices routinely add stocks priced at a high market valuation and sell stocks priced at a deep discount to market valuation—they buy high and sell low!
Regards,
Ted
http://www.etf.com/sections/features-and-news/research-affiliates-buy-high-sell-low-index-funds
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