Morningstar: DFA’s Disciplined Approach Earns It a Top Mark.

Dimensional Fund Advisors (DFA) is among the fund families we recommend our clients. Morningstar recently issued a new Stewardship Grade for them.
From the report:
“The firm’s overall grade–which considers corporate culture, fund board quality, fund manager incentives, fees, and regulatory history–is an A.”

 Continue reading on Morningstar’s Website.

Just Ignore the Crisis of the Day

Libya, Egypt, Japan, the Dow moving up, the Dow moving down, taxes, energy supply… Every day there seems to be something that impacts our peace of mind. Carl Richards, in the New York Times has a simple advice: Just ignore it.

Using his Sharpie and a napkin, he explains why. Here’s the complete story.

Investment News Names David Booth as part of The Power 20 for 2011.

David Booth, Co-CEO of Dimensional Fund Advisors has been named among “The Power 20 for 2011” by Investment News, a trade publication.
“The Power 20” is a group of regulators, industry leaders, and legislators that the publication believes that will influence the financial services industry in the year that just started.
Among others named in the list are included: Mary Schapiro (head of the SEC), legislators Sen. Tim Johnson and Rep. Spencer Bachus and Ben Bernanke.

You can access the complete “Power 20” list HERE (Free Registration Required).

David Booth is profiled HERE (Free Registration Required).

To see a video featuring David Booth explaining the story of DFA, please click HERE.

From Forbes: Active Managers’ Market-Beating Claims Debunked

About half the actively managed U.S. stock mutual funds beat the market over the past 10 years, or so the headline goes. Does this mean index funds are dead and we should all go active? For the answer, continue reading on Forbes’ website.

From NY Times: Index Funds get a Notable Endorsement.

For the wealthy, index funds have an image problem. They are considered the economy cars of the investing world: they’ll get you there but not in style and you’re always worried they may break down. Anyone at a serious level of wealth, the thinking goes, needs the equivalent of a luxury sedan, with strategic stock choices, hedge funds, private equity, and real estate. It can be argued that while people of modest means are hurt by not saving regularly, wealthy people lose out by chasing the latest, greatest investment… Continue reading in the New York Times.