Bogle is also a prolific and best-selling author of many books. Some of my favorites are Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition (2009); The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (2007); and Bogle on Mutual Funds: New Perspectives for the Intelligent Investor (1994).
1981 – A New Dimension Of Investing David Booth earned his MBA from the University of Chicago in 1971, where he studied under great economic minds like Eugene Fama and Merton Miller. Booth suspected many investors were unaware of the benefits of size risk David Booth exposures. In 1981, Booth and Rex Sinquefield, along with guidance from Eugene Fama, founded Dimensional Fund Advisors, a highly regarded mutual fund company that applies passive asset class strategies to its wide range of funds. Many of Dimensional’s funds capture tilts toward factors such as size, value, and profitability. Long term exposure to these factors has produced above-market returns since 192642. Dimensional was one of the first fund companies to educate its clients and advisors about the direct relationship between specific risks and their expected returns. Booth’s initiative has paid off. Dimensional is regarded by independent investment advisors as a top mutual fund company with assets of $356 billion as of March 2014. Booth continues the advancement of investing science through generous donations. Most notably, in 2008, he gave $300 million to the University of Chicago’s School of Business, the largest gift in the
Published on Jun 1, 2015
This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with i...