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Jack Bogle never counted on 5,000+ index funds

Jack Bogle, the father of index investing, told Yahoo Finance recently that if everyone indexed, there would be chaos and confusion. He also said the chance of everyone doing that were almost zero. But is there a danger that too many people pile into low cost smart beta funds? Yahoo Finance's Myles Udland and Pras Subramanian join Alexis Christoforous to discuss.