Dimensional Fund Advisor's Website

The long-awaited DFA website has finally arrived, albeit in a somewhat nascent stage. For those of you who are unfamiliar with it, DFA is founded and run by some of modern finance's brightest lights, including Eugene Fama Sr. and Rex Sinquefield. Fierce proponents of the efficient market hypothesis, they are champions of the passive management approach.

The "good stuff" is unfortunately well hidden:

• A delightful essay by Eugene Fama Jr. on the risks and rewards of value investing. If nothing else, "mean variance preferenced" is a wonderful buzz word to flummox your obnoxious stock broker brother-in-law with.
• Eugene Fama Sr.'s critique of Behavioral Finance
• An interview with Rex Sinquefield. A shrinking violet he's not.
• DFA's Global Investing Strategy. A peek at how the brightest minds in finance allocate their assets.

  Note: This site is at a very early stage of development. More research papers and perhaps a site map should be added with time. If you like what you see, bookmark it, and check back regularly.

  
  

  Hopefully Coming Soon
  Tweedy Browne's site has been under construction for ages. When it finally arrives, it should contain their entertaining annual reports and investing pamphlets. Well worth checking in on periodically.

copyright (c) 1999, William J. Bernstein