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Samuel Lee

Samuel Lee is a strategist covering passive strategies on Morningstar's manager research team and editor of Morningstar ETFInvestor, a monthly investment newsletter. Click here for a free issue. Follow Sam on Twitter: @mstarslee.

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A cheap, rules-based, quantitative approach that minimizes behavioral biases is a better bet over time than overly complex strategies, says Alpha Architect founder and Drexel professor Wes Gray.