Got a College Student? File FAFSA! According to the Department of Education website: “To be considered for federal student aid for the 2014-2015 award year, you can complete a Free Application for Federal Student Aid (FAFSA) between January 1, 2014 and midnight Central Time, June…
An Untimely Death Offers Estate Planning Lessons Philip Seymour Hoffman’s untimely death on February 2nd ended a great film career and we mourn for both the man and the future film-going pleasure we will all now be denied. As is so often the case when…
Investor Behavior: The Psychology of Financial Planning and Investing Why do investors behave as they do? That is the question posed and answered by the book “Investor Behavior: The Psychology of Financial Planning and Investing,” edited by H. Kent Baker and Victor Ricciardi and published…
Video: The Wisdom of Crowds We conducted an experiment testing the “wisdom of crowds”, the proposition that, in many situations, the collective wisdom of a group will surpass that of even its smartest individual members. Dave Quoted in CNBC – Stocks Still Tops, Advisor Survey…
A Different Dimension Nobelist Gene Fama and Dimensional Fund Advisors have drawn favorable attention lately with both a cover feature in Barron’s and an appreciation in Morningstar. That certainly seems like a lot of attention to be lavished on a mutual fund company. In her article,…
As we prepare this edition of the Digest, we’re hoping that you had a great end to 2013 and celebrated the start to 2014 with your close family and friends. The end of one year and the beginning of another is a great time to…
As we prepare this edition of the Digest, we’re hoping that you’ll have the opportunity to take a restful break in the final days of 2013. The end of the year is always a time to reflect upon all that has transpired in our lives…
Managing Risk in a Rising Stock Market U.S. stock indices have been hitting new highs in recent weeks, prompting many to ask if the market has become “overpriced” and, if so, what can we do to mitigate risk? In order to answer these questions, there are several…
Investment Update – Going Short (Really Short!) No, we haven’t decided to short the stock market — not by a long-shot! — but we have decided to shorten the average maturity of our bond holdings. We’re doing this by swapping all of the DFA 5-Year Global…
Yeske Buie Celebrates Eugene Fama’s Nobel Prize in Economics On October 14, the Royal Swedish Academy of Sciences announced that it had awarded the Prize in Economic Sciences to Eugene Fama, along with Lars Peter Hansen and Robert J. Shiller “for their empirical analysis of…