How Smart Beta Turned Dumb; It’s All Greek to Me; The World’s Biggest Brands

Milton Friedman vs J.K. Galbraith; George Washington’s "Dismal" Investment

Today at a Glance:

·       One Flop: Smart Beta Turns Dumb

·       One Market: It’s All Greek to Me

·       One List: The World’s Biggest Brands

·       One Smackdown: Friedman vs Galbraith

·       One Bust: George Washington’s “Dismal” Investment

One Flop

Smart Beta Turns Dumb

Few financial products are as marketing-driven as exchange-traded funds ( ETFs.)

Any …