Fourth Quarter Letter to Our Clients: The Randomness of Returns

At the time of our last quarterly letter, there was uncertainty as to who the next President of the United States would be. On November 8, 2016, the less likely scenario played out, and every news out...
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A Look Back at 2016

By Weston Wellington, Vice President, Dimensional Fund Advisors Every year brings its share of surprises. But how many of us could have imagined that 2016 would see the Chicago Cubs win the World Seri...
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2016 Market Review

By Bryan Harris, Dimensional Fund Advisors In 2016, the US market reached new highs and stocks in a majority of developed and emerging market countries delivered positive returns. The year began with ...
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New Market Highs and Positive Expected Returns

By Dimensional Fund Advisors LP There has been much discussion in the news recently about new nominal highs in stock indices like the Dow Jones Industrial Average and the S&P 500. When markets hit...
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A Vote for Small Cap Stocks?

By Weston Wellington, Vice President, Dimensional Fund Advisors In the days immediately following the recent US presidential election, US small company stocks experienced higher returns than US large ...
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Prediction Season

By Dimensional Fund Advisors LP The close of each calendar year brings with it the holidays as well as a chance to look forward to the year ahead. In the coming weeks, investors are likely to be bomba...
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Third Quarter Letter to Our Clients: Market Returns and Presidential Elections

We decided our quarterly letter to clients may be useful to the general investing public. Here it is in the form of a blog, including some slides on market returns during election years. Enjoy! It's a...
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Back to School

By Dimensional Fund Advisors LP With school back in session in most of the country, many parents are likely thinking about how best to prepare for their children's future college expenses. Now is a go...
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Negative Real Returns

By Dimensional Fund Advisors LP Nominal interest rates are currently below zero in many countries, including Germany, Denmark, Switzerland, Sweden, and Japan. These levels have turned the common belie...
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History on the Run

By Jim Parker, Vice President, DFA Australia Limited, a subsidiary of Dimensional Fund Advisors LP When news breaks and markets move, content-starved media often invite talking heads to muse on the re...
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10 Reasons to be Cheerful

By Jim Parker, Vice President, DFA Australia Limited, a subsidiary of Dimensional Fund Advisors LP Do you ever listen to the news and find yourself thinking that the world has gone to the dogs? The ro...
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The Wine Lovers’ Guide to Investing

By Jim Parker, Vice President, DFA Australia Limited, a subsidiary of Dimensional Fund Advisors LP Savoring a vintage wine is one of life's great pleasures. But often overlooked in the joy of consumpt...
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What Is Fiduciary Advice?

By Dimensional Fund Advisors LP Anyone searching for investment advice is undoubtedly confronted with many choices of service providers operating under titles such as certified financial planner , fin...
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Free Throws

By David P. Butler, Head of Global Financial Advisor Services and Vice President, Dimensional Fund Advisors Dave Butler explains the power of routine in responding to pressure and offers a sports-rela...
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A Vanishing Value Premium?

By Weston Wellington, Vice President, Dimensional Fund Advisors Value stocks underperformed growth stocks by a material margin in the US last year. However, the magnitude and duration of the recent ne...
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2015 Review: Economy & Markets

By Bryan Harris, Dimensional Fund Advisors The US economy and broad market showed modest gains during the year, although investor discipline was tested by news of a global economic slowdown, rising ma...
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2016: 10 Predictions to Count On

By Jim Parker, Vice President, DFA Australia Limited The New Year is a customary time to speculate. In a digital age, when past forecasts are available online, market and media professionals find it h...
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Second-Hand News

By Jim Parker, Vice President, DFA Australia Limited Why don't the media run more good news? One view is bad news sells. If people preferred good news, the media would supply it. But markets don't see...
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Which Hat Are You Wearing?

By Jim Parker, Vice President, DFA Australia Limited Most of us have multiple roles–as business owners, professionals, workers, consumers, citizens, students, parents and investors. So our views of th...
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Unhealthy Attachments

By Jim Parker, Vice President, DFA Australia Limited Have you ever made yourself suffer through a bad movie because, having paid for the ticket, you felt you had to get your money's worth? Some people...
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