Author Archives: Mark Hebner

When Risk Is Sovereign II

Jim Parker Vice President Dimensional Fund Advisors   Standard & Poor’s recent credit rating downgrade of nine Eurozone nations may have been treated as a big deal by the media, but for financial markets, the “news” was already in the … Continue reading

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Year-End Review

Weston Wellington Dimensional Fund Advisors Equity investors around the world had a disappointing year in 2011 as thirty-seven out of forty-five markets tracked by MSCI posted negative returns. The US did well on a relative basis and was the only … Continue reading

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Financial Advice: The Good, The Bad and The Ugly

Dan Solin As the New Year starts, you may be considering a change in your investing strategy.  There are so many purveyors of financial advice that it can be confusing to separate fact from fiction.  Here are my choices for … Continue reading

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2011 Review: Economy and Markets

Bryan Harris Dimensional Fund Advisors Senior Editor The past year reminded investors that they should hope for the best, prepare for the worst, and be thankful when reality does not match their fears. Investors entered 2011 with hopes that the … Continue reading

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The Myth of Fund Ratings

By Vivek V. July 26, 2005 “And that’s how we rate mutual funds. Any questions?” the teacher asked. My hand shot up immediately. I had been recently hired by a popular investment rating company. While undergoing their training process, I … Continue reading

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Morningstar Nominees for Manager of the Year 2011

Click on the image below to enlarge it.  Note that there is only a 5% chance of getting a t-stat of 2 or more if the manager’s outperformance of the benchmark is really zero (no alpha), or said another way, … Continue reading

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Moral Hazard

by Dan Wheeler I was writing about speculation vs. investing last night, but I paused to watch a few minutes of Jon Corzine’s testimony before a Senate Committee investigating the disappearance of $1.2 billion of clients’ money at MF Global. As … Continue reading

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What Does a Winning Streak Tell Us?

Weston Wellington Bill Miller is one of the most closely watched money managers in the industry, so it was big news when he announced his decision last week to step down as portfolio manager of Legg Mason Capital Management Value … Continue reading

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October Fest

October Fest Jim Parker Vice President, Dimensional Fund Advisors This material may refer to resident trusts offered by DFA Australia Limited. These resident trusts are only available in Australia. Nothing in this material is an offer or solicitation to invest … Continue reading

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What’s the Significance?

Brad Steiman, Dimensional Fund Advisors Director and Head of Canadian Financial Advisor Services and Vice President Caution: Technical Discussion to Follow—READ AT YOUR OWN RISK. As the old saying goes, there are three kinds of lies: lies, damned lies, and … Continue reading

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