In Episode 15 of the Rational Reminder Podcast we recapped our time at the Dimensional Fund Advisors advanced conference. We recapped the following:

 

  • Eugene Fama
  • The history of the University of Chicago and Dimensional
  • Connecting economics with academia
  • Behavioral finance is a branch of efficient markets (according to Fama)
  • Crunching data for the first time
  • Starting the first index fund – before Vanguard
  • Volatility lessons
  • Black swans
  • Do you need a tstat of 3 in today’s world?

 

We referenced this paper https://www.cfapubs.org/doi/pdf/10.2469/faj.v74.n3.6