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by Marilyn Kun March 1995 The academic climate at the University of Chicago in the early '70s planted a seed in the professional relationship between David Booth and Rex Sinquefield, which came to fruition when they later joined forces to found an investment firm based on the very academic research that brought them together. |
DFA Funds Hard to Buy, Easy to Own by Timothy Middleton, CNBC June 2002 Strict professional criteria make it difficult for most investors to buy DFA funds. But those who do invest benefit from the firm's disciplined approach. | |
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A Different Way of Looking at the Benchmark by Matthew Smith, IFA Magazine May 2004 This article was included as part of an IFA feature on Index Funds. As the title suggests it looks at how Dimensional differs from the norm by focusing on the dimensions of risk rather than forecasting or following an index. |
Dimensional's 'Passive' Course Pays Off by Tom Petruno, Los Angeles Times December 2005 Upon his retirement, Rex Sinquefield recalls how the embrace of market efficiency and the construction of a database of historical security prices paved the way for the success of passive investment strategies at Dimensional Fund Advisors. | |
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Dimensional Joins Schools in Risk Study by Rebecca Evans, www.moneymanagement.com.au May 2004 DFA Australia, in conjunction with the University of Queensland and Monash University, has been awarded a three year ARC Linkage Project Grant by the Australian Research Council. The collaborative research agreement, with a project cost of over $1 million, will investigate new models for the pricing of risk in Australian stocks. |
by David Chaplin, IFA Magazine February 2003 The Australian magazine IFA interviewed Gene Fama Jr. on topics from efficient markets to the emergence of fee-only financial advice. He gives a snapshot of Dimensional's philosophies, and explains how the firm interprets the latest market volatility. | |
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by Peter Tanous February 1997 Professor Eugene Fama talks about his efficient market theory, how stocks in different asset classes tend to perform over the decades, and the Fama/French three-factor model of risk dimensions. |
An Interview with Merton Miller by Peter Tanous February 1997 The late Merton Miller was a giant in the field of finance, a Nobel laureate, and a member of the Board of Directors of Dimensional Fund Advisors. In this interview he discussed his scholarship on the turbulent economy of the 1920s and '30s, and offered insight into the academic side of the world of finance. | |
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An Interview with Rex Sinquefield by Peter Tanous February 1997 Rex Sinquefield discusses active and passive management and the track records of past fund managers in the context of today's academic outlook. He further expounds upon the variety of philosophies and strategies used by Dimensional in its investment practices. |
Performance of UK Equity Unit Trusts by Garrett Quigley and Rex A. Sinquefield February 2000 An examination of the performance of UK equity trusts finds, net of expenses, that they reliably underperform the market. The study also shows that good performance does not reliably persist but bad performance does. | |
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by Jennifer Vanasco September 1999 David Booth and Rex Sinquefield founded Dimensional based on academic research rather than traditional analysis. Eighteen years later the University of Chicagowhere much of the research originatedawarded them both with alumni honors. |
Stock Price Best Value Guide, War or Not by Ben Wilmot, AFR March 2003 Rex Sinquefield and Ken French tell the Australian Financial Review that Dimensional's assessment of the securities market is the same no matter what the current economic or political trends. Discipline in money management has paid off for Dimensional in the entire global marketplace. | |
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by Leeanne Bland August 2005 An interview with Professor Tim Brailsford in the 4 August 2005 edition of Money Management discusses the 'behavioural phenomenon' of focusing on past performance to pick future winners. Professor Brailsford provides interesting insights into why individuals latch onto past performance to guide investment decisions when the evidence tells us that past 'form' is largely irrelevant in determining future performance. |
Tools of the Trade: Don't Believe the Hype by Daniel M. Wheeler May 2005 The financial media has an agenda and it's not to provide investors with the most sensible advice. To grow their audience, the media produces articles that often resemble "investment pornography" for their captivating headlines and reliance on the forecasts of supposedly objective Wall Street experts. Advisors can turn the tables and instill confidence in their clients by using the media to demonstrate the futility of investment predictions. | |
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Tools of the Trade: How to Be a Wealth Manager by Daniel M. Wheeler December 2005 A thorough, consultative approach to wealth management will gain client trust and will provide the financial advisor with the background needed to offer an insightful investment solution, encouraging a long-term client relationship. |
Academic Papers and Reprints
Several papers authored by academics affiliated with Dimensional are available for download through Social Science Electronic Publishing.