► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Regularly getting out of popular stocks in favour of unfashionable ones is the key to smart beta's success. Rob Arnott, Research Affiliates founder, admits to the FT's John Authers that his investment strategy does depend on dumb investors to succeed.<br /><br />► Authers’ Note: http://bit.ly/1Liu16x <br /><br />► FT Markets: http://bit.ly/1J5HNd3<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes