David Booth, Executive Chairman and Found of Dimensional Fund Advisors, published an essay on the reasons to diversity beyond the large firms for MarketWatch.
"If studying financial markets for 50 years teaches you anything, it’s to keep things in perspective.
During times of great uncertainty, like we’re experiencing now, investors may feel tempted to project today’s headlines forward or forget the useful lessons we’ve learned from the past.
I’ve been thinking about this a lot lately in the context of the growth vs. value stock debate."
