Dimensional Fund Advisors: The Happiness Equation

The Happiness Equation         As Brad Steiman of Dimensional fund Advisors writes in this article: Mo Gawdat, a serial entrepreneur and Chief Business Officer at Google X, tried to engineer a path to joy in his book, Solve for Happy, by expressing happiness as an
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Dimensional Fund Advisors: Do Mutual Funds Outperform Benchmarks?

Do Mutual Funds Outperform Benchmarks? Dimensional’s analysis of US-based mutual funds shows that only a small percentage of funds have outperformed industry benchmarks after costs—and among top-ranked funds based on past results, only a small percentage have repeated their succ
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financial crisis

3 Things: Labor Day Hodge Podge

The financial crisis has shaken young people’s faith in capitalism A (financial) crisis of faith (John Paul Rollert, Chicago Booth Review, 8/10/2018) “A spring 2016 poll from Harvard University’s Institute of Politics finds that only 19 percent of Americans between the ages of 18 and
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3 Things: Wealth Scale, the Generations, & People in the Wild

Where are you on this scale? 1. In “The Three Levels of Wealth,” Ben Carlson tries to determine where most Americans might find themselves on Stewart Butterfield’s scale: Level 1. I’m not stressed out about debt: People who no longer have to worry about their credit card debt or stude
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Dimensional Fund Advisors: What You Pay, What You Get: Connecting Price and Expected Returns

      What’s That Stock Worth to You? They say your home is your castle, but that doesn’t mean you should have to pay lavish prices to live there – at least no more than the going rate for a similar estate. It’s the same for your investments. You expect to pay something
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Dimensional Fund Advisors: The Tao of Wealth Management

      July 2018 The Tao of Wealth Management The path to success in many areas of life is paved with continual hard work, intense activity, and a day-to-day focus on results. However, for many investors who adopt this approach to managing their wealth, that can be turne
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bull market

3 Things: Bull Markets, Investing Internationally, and Summer Jobs

No, we are not in a 9-year-old bull market 1. Currently some clients, and pundits, are voicing concerns about the longevity of the current bull market. In the September 2017 article “No, This Is Not the Second Longest Bull Market Ever”, Barry Ritholtz and Michael Batnick laid out the
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Dimensional’s Quarterly Market Review (Q2 2018)

What’s your favorite mixed nut? In a bowl of mixed nuts, which flavor do you favor? For the record, I’m a sucker for the cashews. It’s fine to pick out your treat preferences. In the market, you’re best off skipping the picking, and sticking instead with an appropriately balanced mixe
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Don’t Get Creamed by Inflation Risk

The Impact of Inflation Over the long run, stock markets are expected to deliver returns well beyond the rate of inflation. That is, the $1 you invest in today’s stock markets should still provide $1 or more worth of purchasing power decades into the future. In exchange, you must tole
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global diversification

Let’s Tell a Story: Why Go Global When You Invest?

Doing Better With Global Diversification In two previous posts, here and here, we shared a pair of Dimensional Fund Advisor videos based on historical U.S. market returns data. If we really want to share this tale of evidence-based investing in living color, we’ve got to go global. Wh
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