A Letter from the Chairman
David Booth, Founder and Executive Chairman of Dimensional Fund Advisors, discusses why having an investment philosophy — one that is robust and that you can stick with — cannot be overstated. He describes how Dimensional uses research to help improve understanding of what drives returns, and to gain insights on how to build sensible portfolios.
David Booth Brings Academic Research to Life
In 1981, David Booth co-founded an asset management firm that nurtured the innovative theories about market efficiency that had been coming from the University of Chicago Graduate School of Business since the mid-1950s. Along with his partner Rex Sinquefield, another Chicago graduate, Booth shaped Austin, Texas-based Dimensional Fund Advisors into a manager that both refined these academic theories and applied them so investors could profit in the real world.