Dimensional Stories: The 200th Draft
As Dimensional Fund Advisors embarks on its 25th year of working with financial advisors, they shared with us a series of Dimensional Stories, two minute videos featuring Nobel Laureate Eugene Fama and/or David Booth speaking on the themes and insights that influence Dimensional’s way of investing. We introduced the first video of this series Dimensional Stories: Empirical Work last month, which featured Professor Fama describing the intellectual satisfaction of conducting empirical research and how ground-breaking concepts usually do not begin as “big ideas”.
Today, we share the second video of the five-part series, Dimensional Stories: The 200th Draft. We found this video to be particularly resonant because the collaborative approach described by Eugene Fama in regard to his work with Professor Kenneth French mimics, in many ways, the close working relationship of the Yeske Buie team. In the video, Dr. Fama notes that he tells Professor French (and his students), “Don’t give me something until it’s as good as you think it can be, and then I will try to improve it—that’s the way we work together.” At Yeske Buie, our team strives to deliver excellence to each other, to our Clients, to the profession and to our community and thus may produce 10, 50, or 200 drafts in order to ensure we are providing the best service possible. The fact that this collaboration style is a shared value of Dimensional and Yeske Buie strengthens our belief that DFA is an important strategic partner and adds enormously to our Clients’ investment success.