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Dimensional Fund Advisors Co-Founder David Booth on The Birth of Modern Finance and Embracing Uncertainty in Investing

49:34
 
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Manage episode 425691917 series 3515997
Blind Nil Audio에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Blind Nil Audio 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

The impact David Booth has had on your financial life is profound, whether you realize it or not.

David is the co-founder of Dimensional Fund Advisors, a firm that fundamentally changed the way we make everyday decisions about practical investing and money.

David knew the future of investing would depend on data, so in 1981 he moved a noisy, hot, refrigerator-sized computer into his two-bedroom apartment in Brooklyn. The machine spit out stock prices for brokers and investment managers around the world, and as a result, Dimensional was one of the first investment firms to apply academic research to practical investing.

In this episode of 50 Fires, David talks about those early days of Dimensional, and goes back even further to reflect on his earliest memories of money as a boy in Kansas selling newspapers door-to-door.

He shares stories of the growth of Dimensional Fund Advisors, and talks about two of his favorite topics when it comes to investing: randomness and uncertainty.

He also talks with host Carl Richards about a new documentary film chronicling the history of Dimensional, directed by acclaimed documentarian Errol Morris called Tune Out The Noise.

EXCLUSIVE FOR LISTENERS OF 50 FIRES: Use access code MARKETSWORK to watch Tune Out The Noise for free! Tune Out The Noise is a new documentary by Academy Award-winning director Errol Morris on the birth of modern finance and takeaways for investors.

Click the following link and use access code MARKETSWORK to watch the film! https://film.dimensional.com/watch/login?redirect=%2Fwatch&utm_source=50fires&utm_medium=podcast&utm_campaign=totn%20

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

57 에피소드

Artwork
icon공유
 
Manage episode 425691917 series 3515997
Blind Nil Audio에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Blind Nil Audio 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.

The impact David Booth has had on your financial life is profound, whether you realize it or not.

David is the co-founder of Dimensional Fund Advisors, a firm that fundamentally changed the way we make everyday decisions about practical investing and money.

David knew the future of investing would depend on data, so in 1981 he moved a noisy, hot, refrigerator-sized computer into his two-bedroom apartment in Brooklyn. The machine spit out stock prices for brokers and investment managers around the world, and as a result, Dimensional was one of the first investment firms to apply academic research to practical investing.

In this episode of 50 Fires, David talks about those early days of Dimensional, and goes back even further to reflect on his earliest memories of money as a boy in Kansas selling newspapers door-to-door.

He shares stories of the growth of Dimensional Fund Advisors, and talks about two of his favorite topics when it comes to investing: randomness and uncertainty.

He also talks with host Carl Richards about a new documentary film chronicling the history of Dimensional, directed by acclaimed documentarian Errol Morris called Tune Out The Noise.

EXCLUSIVE FOR LISTENERS OF 50 FIRES: Use access code MARKETSWORK to watch Tune Out The Noise for free! Tune Out The Noise is a new documentary by Academy Award-winning director Errol Morris on the birth of modern finance and takeaways for investors.

Click the following link and use access code MARKETSWORK to watch the film! https://film.dimensional.com/watch/login?redirect=%2Fwatch&utm_source=50fires&utm_medium=podcast&utm_campaign=totn%20

Email List: Sign up at https://www.50fires.com for our monthly email with resources for financial advisors!

Follow 50 Fires on Instagram: https://www.instagram.com/50firespod/

Please direct business inquires to: blindnilaudio@magnolia.com

Cover Art: Josh Passler - TheFinArtist.com

Music Credits:

Alexandra Woodward / Rabbit Reggae / courtesy of www.epidemicsound.com

Cody Francis / Wherever You’re Going / courtesy of www.epidemicsound.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

57 에피소드

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