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In this issue

“We’re in the middle of a revolution” - Vanguard founder Jack Bogle on the power of indexing— and being thought of as a bomb-throwing Marxist rebel. Finance’s Blackest Box - Renaissance’s Medallion Fund is a moneymaking machine like no other. 10,000 Percent Returns?! - Betting on lawsuits has growing appeal and noteworthy backers. The Poor, Poor Peso - How hedging, liquidity, and Trump upended Mexico’s currency. Credit and Credibility - Everything you need to know about fixed income right now.

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