Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Category: Philosophy
Wall Street Journal “Discovers” DFA and Passive Investing
While we don’t think of ourselves as the passive types, it’s interesting to see The Wall Street Journal shine its bright spotlight on passive investing and related evidence-based investing in its new series, “The Passivists.”
You can browse the entire series, or here are a couple of our favorite installments:
The Dying Business of Picking Stocks, Anne Tergesen and Jason Zweig
News flash! “Investors are giving up on stock picking.” Our take on the matter: It’s about time.
Making Billions With One Belief: The Markets Can’t Be Beat, Jason Zweig
Featuring Dimensional Fund Advisors, with founder, chairman and co-CEO David Booth reflecting that “A little bit of judgment can make a difference.”
As the media turns its attention to the types of investment strategies we’ve been employing at Hill Investment Group since our founding, we wonder whether this will be a passing fad, a lasting improvement for investors or (as is so often the case in life), a little of both. Whatever. We’ll enjoy the wider coverage while it lasts, and still be encouraging you to Take the Long View with your investments, long after the spotlight has moved on.
Photo of the Month – Good Advice Costs More
If a picture speaks a thousand words, how much meaning can we pack into a picture with some words? Here are a few thoughts on the value of good advice. Enjoy!
Capitalism at Its Best – Nerds Only
Alert – This link is only for those of you who like the backstage, technical stuff.
Cliff Asness recently wrote a piece for Bloomberg called Indexing Is Capitalism at Its Best and we tend to agree. This column is in response to an active manager’s “research” report warning of the dangers of too much money moving to index, passive, and evidence-based strategies. Please make sure to read the footnotes, as they are every bit as relevant as the main content.