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Today's guest on The Long View is David Booth. David is a repeat guest, the founder of Dimensional Fund Advisors, and has just released a new book titled Stay Calm: Learn to Embrace Uncertainty in Investing and Life. One of the interesting through lines on the episode really centered on data. David explained that without data, people are just arguing beliefs. There was so much time within the industry where investors really were in a data desert. That foundational layer was critical to everything that David, his colleagues at Dimensional, and so many others around the broader investing industry have ultimately brought to bear for the benefit of so many investors over the years. Plus, David explained that having access to a more complete dataset can really help provide a sense of calmness and reassurance for investors, even in an uncertain environment. Episode Highlights 00:00:00 Introduction 00:03:21 How Market Data Revolutionized Investing 00:09:22 Learning From Eugene Fama 00:16:16 Communicating Financial Science 00:20:40 What is the Efficient-Market Hypothesis? 00:24:11 Diversification and the Limits of Indexing 00:32:37 Is Dimensional Active or Passive? 00:34:24 The Science Behind Factor Investing 00:40:29 Trusting Markets and Embracing Uncertainty More From Morningstar David Booth: ‘Usually the Great Ideas Start Out as Small Ideas and Then You Build on Them' Don Phillips: Encouraging Better Outcomes for Investors Charley Ellis: Indexing Is a Marvelous Gift If you have a comment or a guest idea, please email us at TheLongView@Morningstar.com. Follow Christine Benz (@christine_benz) and Ben Johnson (@MstarBenJohnson) on X, and Christine Benz, Amy Arnott, and Ben Johnson on LinkedIn. Visit Morningstar.com for new research and insights from Christine, Ben, and Amy. Subscribe to Christine's weekly newsletter, Improving Your Finances. If you want more Morningstar podcasts, check out The Morning Filter and Investing Insights. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Dimensional Fund Advisors founder David Booth joins Don and Tom to explain why better investing begins with accepting uncertainty instead of pretending to predict it. They discuss staying calm through frightening markets, controlling what investors can control, and why missing a rebound can permanently damage a plan.Booth also traces the evidence behind factor investing—market, size, value, and profitability—and explains why robust research must survive different countries, decades, and data sets before it belongs in a portfolio.Click here to order David's Book "Stay Calm"Questions? Comments? Click!
Anthropic has secured a $35 billion deal with Nvidia-backed Lambda for a Texas data center, and today Apple welcomes its new CEO John Ternus, after Tim Cook's 15 years on the job. NYC Mayor Zohran Mamdani has assembled a 15-person business advisory council to bridge his office with Wall Street. One councilmember, RXR CEO Scott Rechler, discusses why he agreed to participate, despite initial uncertainty about the Mayor's plans for New York. Plus, pioneer of index-fund investing David Booth has written a book on his investing philosophy: “Stay Calm: Learn to Embrace Uncertainty in Investing and Life.” The legendary investor shares his perspective on investing and his faith in human ingenuity through any market cycle. In this episode: Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Scott Rechler, @scottrechler Katie Kramer, @Kramer_Katie David Booth - 18:51 Scott Rechler - 31:49 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
With markets noisier and more uncertain than ever, Dimensional Fund Advisors founder David Booth goes Inside the ICE House to make the case that staying calm is not just good advice — it's backed by a century of data. He discusses his new book, Stay Calm, and why the same principles that help people navigate life's uncertainties are the ones that lead to long-term investing success. Booth challenges the allure of market timing and prediction, arguing instead for planning, patience, and trusting in human ingenuity as the engine behind decades of 10% annual stock returns. He also reflects on Dimensional's milestone crossing of $1 trillion in assets under management and why personalization may be the next major wave in investing.
David is Chairman and Co-Founder of Dimensional Fund Advisors, a global asset manager with $1.1 trillion in AUM (as of 6/30/26) and one of the pioneering voices in evidence-based investing. He shares lessons from more than five decades in the industry, covering how markets work, why uncertainty creates opportunity, the importance of judging decisions rather than outcomes, and how investors can tune out noise to build lasting wealth.-This podcast/webcast is provided for informational purposes only and should not be considered legal, tax, investment, or business advice. It is not a solicitation, recommendation, or endorsement. All opinions expressed by participants are their own and do not necessarily reflect the views of the Evoke Advisors Division of MAI Capital Management, LLC ("Evoke”), its affiliates, or any companies mentioned. Information shared has not been independently verified by MAI or its affiliates. MAI Capital Management, LLC (“MAI”) is registered with the U.S. Securities and Exchange Commission ("SEC"), which does not imply any particular level of skill or training.Certain information contained herein has been obtained from third party sources and such information has not been independently verified. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by any person.While such sources are believed to be reliable, Evoke does not assume any responsibility for the accuracy or completeness of such information. Evoke does not undertake any obligation to update the information contained herein as of any future date.The content is intended for a general audience and does not constitute a recommendation to buy or sell securities or adopt any investment strategy. Any examples or scenarios discussed are illustrative only, involve risks and uncertainties, and do not guarantee future results. Non-traditional assets carry significant risks and may not be suitable for all investors. Decisions should be based on individual objectives, risk tolerance, and circumstances.Statements herein are general and may not reflect an individual's or entity's specific circumstances or applicable laws, which vary by jurisdiction. Further, speakers' views are personal and may differ from Evoke and MAI recommendations and are not specific investment advice; and do not consider client objectives, risk tolerance, and diversification. Guests may have current or past relationships with Evoke and MAI, its affiliates, or the host, including as clients, service providers, or business partners. Participation does not constitute an endorsement or testimonial. No compensation has been paid or received for guest participation unless disclosed. MAI and its affiliates may have business relationships with entities mentioned in this podcast, which could create potential conflicts of interest. These relationships may include advisory services, investment management, or other arrangements. MAI seeks to manage such conflicts consistent with its fiduciary obligations and policies.(As of December 22, 2025)
David Booth, Dimensional Fund Advisors founder and chairman, discusses the theme of his new book "Stay Calm: Learn to Embrace Uncertainty in Investing and Life," and his historic $300 Million gift to the University of Kansas. He speaks with hosts Caroline Hepker and Judy Lagrou.See omnystudio.com/listener for privacy information.
David Booth is the founder and chairman of Dimensional Fund Advisors, one of the most influential investment firms in the world, managing more than $1 trillion in assets. Earlier in his career, David helped develop one of the world's first index funds and spent decades applying academic financial research—including ideas developed by his mentor, Nobel laureate Eugene Fama—to real-world investing. David is also a proud University of Kansas alum, earning degrees in economics and business from KU before earning his MBA from the University of Chicago. And his philanthropy has been extraordinary: the University of Chicago's Booth School of Business bears his name, as does David Booth Kansas Memorial Stadium. In 2010, David and his wife Suzanne purchased James Naismith's original rules of basketball for $4.3 million and brought them home to KU—the story featured in my favorite documentary of all time ESPN's 30 for 30: There's No Place Like Home. In 2025, David made an additional $300 million gift to Kansas Athletics, continuing his remarkable support of KU. And most recently David wrote a book titled, Stay Calm: Learn to Embrace Uncertainty in Investing and Life. In this episode we discuss the following: When David found $15,000 in cash in his late parents' safe-deposit box, he wondered what it might have become had they invested it in the public markets instead. He calculated that if his father had invested the money after returning from World War II and simply earned the market return, it would have grown to more than $1 million over the next 40 years. That's the magic of compounding, and I love David's bigger point that our lives compound as well, from the things we learn, to the decisions we make, and the relationships we build. I love David's explanation for why he's optimistic about markets: people want to make their lives better. When something goes wrong, people adapt. They solve problems. They invent things. Companies find new ways to serve customers. And over time, that human ingenuity gets reflected in the market. As a stressed-out PhD student at the University of Chicago, David visited his grandparents, who lived in a tiny home that didn't even have indoor plumbing. Yet he looked around at his family laughing and enjoying themselves and thought: Maybe they've figured out something about life that I haven't. That realization helped him choose the career path that fit what he actually valued. Invest early, stay invested, and make sure you're invested in the right things.
This episode is brought to you by “Stay Calm,” the new book by David Booth. To learn more, visit https://www.staycalminvesting.com/
In this episode, we welcome back David Booth, Co-Founder of Dimensional Fund Advisors and author of Stay Calm: Learn to Embrace Uncertainty in Investing and Life. David reflects on his remarkable career at the center of the evidence-based investing revolution, from studying under Eugene Fama at the University of Chicago to helping build investment strategies around decades of financial research. We explore what the data revealed about markets and professional money management, why implementation matters as much as great ideas, and how investors can make better decisions without trying to predict the unpredictable. David also shares his views on trust, financial advice, public versus private markets, human ingenuity, and the meaning of true wealth. Along the way, he explains why staying calm, having a process, and staying invested can matter far more than finding the next winning forecast. Key Points From This Episode: (0:00:04) Introducing David Booth and his new book, Stay Calm: Learn to Embrace Uncertainty in Investing and Life. (0:01:15) What David learned as a commission-based shoe salesman: Do the right thing and be upfront with people. (0:03:35) The gift of being an outsider and how financial science changed the investing experience for ordinary investors. (0:05:38) Why outsiders are often willing to challenge assumptions—and how data changed the debate. (0:06:53) David's experience arriving at the University of Chicago and studying under Eugene Fama. (0:07:49) Inside Chicago's rigorous research culture and the lessons David learned from presenting his work. (0:10:03) The empirical challenge behind efficient markets and why data mattered more than beliefs. (0:11:41) How Fama and French approach research by trying to prove their own conclusions wrong. (0:12:05) The two-fish joke and the challenge of understanding the environment we are immersed in. (0:12:45) How Jim Lorie and Lawrence Fisher helped provide the historical market data that transformed financial research. (0:14:18) From early mutual fund research to the question that shaped David's career: What should investors do if managers cannot consistently outguess the market? (0:20:59) Why Dimensional distinguishes between passive investing and indexing. (0:23:21) The origins of Dimensional's approach to small-cap investing and the importance of execution. (0:24:45) Why David would rather be an investor today than in 1971. (0:26:21) Jensen's alpha, risk-adjusted returns, and what Michael Jensen's research revealed about professional money managers. (0:28:30) Why implementation is everything—and why models are tools for making decisions under uncertainty. (0:33:47) Why the most important thing about an investment philosophy is having one you can stick with. (0:35:46) Why David sees education as an antidote to fear and wants investors to feel more optimistic about investing. (0:36:18) Human ingenuity as the foundation of David's optimism about markets. (0:37:53) Why trust is the ultimate product in the investment business. (0:39:40) Why understanding the science alone is not enough—and how advisors can help investors stay invested. (0:40:23) What David's art collection has taught him about non-monetary returns and true worth. (0:43:07) Why a good financial plan is a process built around trade-offs, flexibility, and adaptation. (0:45:22) The problem with fixed goals and why David thinks many goals are inherently fuzzy. (0:46:34) How David distinguishes between forecasts, wishes, and worries. (0:49:44) How investors can identify and tune out noise by focusing on how markets work over the long term. (0:51:30) David's unfiltered perspective on private markets, transparency, price discovery, and liquidity. (0:52:38) Why true wealth begins with values, family, and the things that matter beyond money. (0:54:57) What winning means when wealth includes both monetary and non-monetary rewards. (0:55:39) Why David describes optimism as science-based hope. (0:57:33) What Stay Calm means to David: Make decisions aligned with your values, build a process, and trust that you can deal with whatever comes your way. Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)
Today I had the good fortune to interview David Booth. Let me tell you a little bit about him. His modest upbringing in Kansas from selling newspapers at 8 years old to selling shoes as a teenager, to working on the team that launched the first index fund; to pioneering what would come to be known as factor investing, David Booth didn't just witness the financial revolution, he helped lead it. For five decades, he's bridged the worlds of academic theory and practical investing, collaborating with Nobel laureates to build Dimensional fund advisors into a $1 trillion global firm that has democratized evidence-based investing for millions. Booth earned degrees in economics and business from the University of Kansas, followed by an MBA from the University of Chicago. His Chicago education proved instrumental to his success, leading to a transformative gift to the business school in 2008. The University of Chicago Booth School of Business now bears his anime, and the contributions continue to support faculty and their field-defining research. Through his visionary application of financial theory to real world investing, Booth has established himself as one of the most influential figures in investing - an outsider who challenged Wall Street's conventional wisdom and won.
David Booth is one of the most influential figures in modern investing. As the co-founder and Executive Chairman of Dimensional Fund Advisors, he helped bridge the gap between academic finance and real-world portfolio management, transforming decades of research into practical investment solutions for advisors and investors around the world. In this episode, David joins us as he approaches his 80th birthday, celebrates Dimensional's 45th anniversary and more than $1 trillion in assets under management, and prepares for the release of his new book, Stay Calm. We discuss the origins of evidence-based investing, the development of the CRSP database, lessons from the University of Chicago during the formative years of financial economics, and the founding of Dimensional alongside pioneering researchers including Gene Fama, Merton Miller, and Myron Scholes. We also explore implementation, trading flexibility, advisor-client alignment, market behavior, speculation versus investing, AI's future impact on innovation, and David's reflections on wealth, family, purpose, and what matters most after a lifetime in finance. Few individuals have done more to improve outcomes for investors worldwide, yet David remains remarkably humble, continually emphasizing science, discipline, and long-term thinking. Today's hosts are Steve Curley, CFA (Co-Managing Principal, 55 North Private Wealth) & co-host Chris Cannon, CFA (CIO/Principal, FirsTrust). Please enjoy the episode. You can follow us on Twitter & LinkedIn or at investorsfirstpodcast.com. Show Notes: https://www.dimensional.com/us-en/who-we-are/leadership/david-booth https://www.dimensional.com/ New Book: Stay Calm (David Booth) – Link: https://www.amazon.com/Stay-Calm-Embrace-Uncertainty-Investing-ebook/dp/B0GPGNWDFY Movie: Tune out the Noise – Link: https://www.youtube.com/watch?v=T98825bzcKw
In today's episode we talk with a pioneer of modern asset management, Dimensional Fund Advisors founder David Booth. David founded Dimensional in 1981 and it has since grown to over $1 trillion in assets, making it one of the most successful quantitative investment firms in history. We talk with him about his new book, Stay Calm: Learn to Embrace Uncertainty in Investing and Life. We discuss his early career working on both the world's first index fund and the first active quant strategy developed by finance legends Fischer Black and Myron Scholes. David explains why successful investing involves embracing uncertainty - because it is that uncertainty that generates long-run returns. He explains why we should abandon predicting markets and focus instead on planning. We end by discussing why he is both a realist and optimist and how each of us can cultivate the same mindset.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Kevin on SubStack & read his Book.Follow David on LinkedIn and Read his Book.Episode TimeStamps: 00:00 - Why uncertainty creates opportunity for long term investors01:01 - David Booth's journey from Kansas to pioneering modern investing06:13 - The birth of index investing and the origins of Dimensional10:21 - Why investing is about managing uncertainty not predicting markets13:00 - Why everyone should own part of the market14:00 - Human ingenuity, market resilience and the lessons of history18:02 - Updating research without abandoning first principles23:38 - Has the rise of index investing changed the market?28:45 - Diversification beyond the Magnificent Seven29:52 - Tuning out market noise and focusing on what matters32:23 - Why life events should shape your portfolio more than headlines34:53 - Plan don't predict and learning to stay calm39:02 - Optimism, realism and why markets continue to work42:33 - Why investors have never had it betterCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here2. Daily Trend Barometer and Market Score One of the things I'm really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here3. Other Resources that can help youAnd if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click HerePrivacy PolicyDisclaimer
Leave a review of the show and get a free copy of David Booth's new book! Just reply to my email after signing up at www.peterlazaroff.com/newsletter ----- Index funds made sensible investing available to almost everyone. But they didn't make it easy to stay calm. Dimensional founder David Booth joins me to explain why—and discuss his new book, Stay Calm. Listen now and learn: ► The surprising disconnect between index funds and investor behavior ► What an early leveraged-index experiment taught David about investing in the real world ► How to distinguish thoughtful adaptation from emotional tinkering ► Why the hardest money decisions may begin after you have accumulated enough Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com) Disclosure: This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this "post" (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Plancorp LLC employees providing such comments, and should not be regarded the views of Plancorp LLC. or its respective affiliates or as a description of advisory services provided by Plancorp LLC or performance returns of any Plancorp LLC client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see disclosures here.
Today's guest is David Booth, founder of Dimensional Fund Advisors, which now manages over $1 trillion. He studied under Eugene Fama at Chicago and helped build one of the first index funds at Wells Fargo. In today's episode, David traces Dimensional's arc from indexing's earliest days at Wells Fargo to crossing $1 trillion in AUM this year. He shares what Gene Fama said when he got the call, the story of driving a client to Chicago to walk through the Fama-French paper, and why AI investing looks like the California gold rush. To close, David makes the case for judging yourself by decisions, not outcomes. Get David's book: Stay Calm: Learn to Embrace Uncertainty in Investing and Life (0:00) Introduction (0:58) David Booth's start to investing (3:38) The beginnings of index funds and early challenges at Dimensional (10:09) Long-term investment perspectives and the Fama-French three-factor model (17:26) Dimensional's educational focus and advisor partnerships (20:21) Small cap value performance, AI & market trends (23:26) Symbolism of bankrupt stock certificates and lessons on diversification (25:44) Compounding for 45 years (30:56) David's passion for Kansas basketball ----- Sponsor: Upwork is the world's largest human and AI-powered freelance marketplace to hire top talent—trusted by businesses and professionals worldwide. Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com).
Today we're sharing a recent chat with David Booth, founder and Chairman of Dimensional Fund Advisors. A trailblazer in the financial world, David helped create one of the world's first index funds in the 1970s and launched the first passively managed small company strategy in the early '80s.David joined us to discuss his soon-to-be released book Stay Calm: Learn to Embrace Uncertainty in Investing and Life, a practical guide to long-term investing and a philosophy for living with clarity and confidence. Whether you're just starting out, rethinking your financial plan, or guiding others, this book will change the way you think about markets, risk, and what really matters.Stay Calm website: https://www.staycalminvesting.com/Have a money question? Email us hereSubscribe to Jill on Money LIVESubscribe to Jill on Money NewsletterYouTube: @jillonmoneyInstagram: ...
Deb Hutton opens the phones to debate whether government money would be better spent on policing and public safety rather than grants and funding programs, following federal support for the Taste of the Danforth. Listeners then tackle a common family dilemma: Should parents charge their adult children rent while they're living at home? Later, the conversation turns to technology and navigation, asking whether constant reliance on GPS has made people worse at finding their way. The hour wraps up with David Booth of Driving.ca, who discusses new concerns about drug-impaired driving and its growing role in road fatalities across Canada.
It’s Party for Two! Today Jerry is joined by Will Stewart, Senior Vice President at Enterprise Canada, to break down the top stories of the day. Next, Jerry looks at a new AAA study revealing how many drivers are hypocrites, they say one thing about road safety while doing another behind the wheel. He speaks with David Booth, Driving.ca’s “Motor Mouth.” Then it’s Telescopic Tuesday, as NEWSTALK 1010 Science Expert Dan Riskin brings the top science stories of the week. A wave of young digital nomads is leaving Canada for cheaper, warmer countries. Jerry speaks with Mike Moffatt, economist with the Missing Middle Initiative, about what’s driving the exodus.
Concerning the times and the seasons . . . you know perfectly that the day of the Lord will come as a thief in the night. For when they say, “Peace and safety!” then sudden destruction will come upon them, as labour pains upon a pregnant woman. (1 Thess, 5:1-3) This intensely powerful piece by David Booth permits us for just a very few minutes to share in something of the intense alarm and shock that war brings. Central to this remarkable piece is time, as beaten out by minutes and seconds in an emphasised way. Suddenly the warning sirens sounds, and all becomes confusion and cacophony as destruction is visited on the nation, Bells continue to sound throughout the piece, while the drumbeat of war continues relentlessly on every hand. It would be natural and appropriate to apply this piece to Ukraine. Quite apart from the immense physical damage the unrelenting air raids on its cities have caused the degree of psychological distress they have unleashed exceeds anything one can imagine. The trauma will take those caught up in this maelstrom years recover from. But David had a broader vision even than the war in Ukraine as he prepared this remarkable piece - not least a deep concern for our own nation. The Westminster chimes symbolise home life being disturbed by the sirens; with the trumpet at the end sounding a military call. The clock continues its unabated beat, symbolic of life continuing in amongst the alarms, and the piece concludes with the sound of marching men: a reminder that though the long years of peace have been our familiar friend, the unwelcome sirens can sound at any time for any nation. The greed and cruelty of human rulers know no boundaries or limits. Again and again the Bible looks forward to a reign of peace when the Lord Jesus returns to Earth; but first the world must pass through many painful birth pangs. May the Lord direct and lead you in prayer as you experience the power of this piece.
On this Episode 2 of Road to Special Olympics 2026 USA Games: A Special Chronicles Podcast Series, we take you behind the scenes with a two incredible athlete leaders — David Booth and Shaun Linsey, co-chairs of the Athlete Advisory Council for the 2026 USA Games. Hosted by Daniel Smrokowski — founder of Special Chronicles, Special Olympics Athlete Leader with Team Illinois, and former Sargent Shriver Global Messenger — this episode explores how athlete leaders shape the athlete experience, influence decision‑making, and help build a more inclusive movement on the road to the 2026 USA Games in Minnesota. You'll hear: How David and Shaun became athlete leaders What the Athlete Advisory Council does How athlete voice impacts the 2026 USA Games Their hopes, challenges, and vision for the future of inclusion Whether you're an athlete, volunteer, partner, or champion of inclusion, this episode gives you a front‑row seat to the leadership shaping the Games. Episode 838 ShowNotes & Links
David Booth - Retired Special Agent with the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), serving more than 22 years in federal law enforcement, including assignments with the ATF Special Response Team (SRT) and the agency's Quick Reaction Force teams. Prior to his career with the ATF, David served in the United States Army operating Bradley Fighting Vehicles and later worked as a wildland firefighter on an elite Hotshot crew, battling intense wildfires across rugged terrain and enduring the demanding physical and mental challenges that come with protecting lives, property, and natural resources on the front lines. He concluded his distinguished federal law enforcement career as a highly decorated director within the ATF. An avid outdoorsman and mountaineer, David has continued pushing himself long after retirement, taking on extreme terrain and relentlessly pursuing new challenges while traversing some of North America's most demanding mountain ranges — including summiting all of Colorado's iconic 14,000-foot peaks. In this episode of The Mountain Side Podcast, David publicly shares his story for the first time with friend and host Bobby Marshall, diving into a lifetime of service, resilience, adventure, and the mindset forged through decades in high-risk environments.www.TheMountainSidePodcast.comAffiliates LinksSponsor Linkswww.Knicpouches.comMountain Side listeners Use Discounts code: MOUNTAINSIDE15 to receive 15% off all K-Nic products!www.ProTekt.comMountain Side listeners receive 10% off all ProTekt products! Use this link to receive discount code.www.SABObroadheads.comMountain Side listeners receive $10 off & Free Shipping on all SABO Broadheads!
David Booth has recently recorded a really special piece for Flamenco guitar. We called it 'Tender Flamenco!' I recorded this lament to accompany his beautiful guitar piece. It is inspired in part by the Lord's moving words in Jeremiah 2 and 3, where He looks back to the intimacy He used to enjoy with His people, and mourns how far they have backslidden. Let's use this moving piece to pray for people who once walked closely with the Lord, but who no longer do. Heart of my heart, I planted you as noble vine, a seed of the highest quality. I remember how you were, radiant in first love. and I was with you as Friend and Lover, a Mighty Warrior who saves, taking great delight in you, and rejoicing over you with singing;” but now you have turned your back and forgotten Me. (Jer. 2:21; 2-3, Zeph. 3:17) What fault did you find in Me, and what harm have I done that would cause you to stray so far from Me, turning to systems that cannot fail to fail, and building cisterns that contain no trace of My living word? (Jer. 2:5, 13) I went to such lengths to bestow great blessings on you – and if they had been too small, I would have added still more; (2 Sam. 12:8) but like a thoroughbred turning up its nose, you sought to beautify your way by the skill of your own hands (Jer. 2:32-33) and ended up despising all that I have given you. Will you not pause to reconsider, and pour out the gratitude that used to stream from your heart, lest all that is left be an empty shell that you seek to fill in a thousand different ways? I keep a chair reserved at My banquet table here in Heaven for when you return to your Shepherd and your Guide. (Jer. 3:4) My hand is stretched out and My Spirit allures, (Hos. 2:14-15) but I can do no more until you are willing to acknowledge your need and reach out Your hand once more to receive the endless blessings that I have always had in store for you. (Jer. 3:13-14)
In a world where gut instinct once ruled the day—from football coaches making pivotal fourth-down decisions to investors choosing their next stock pick—a revolution has reshaped the landscape: reliable data and analytics. Drawing inspiration from the principles behind the film Moneyball and a recent article by David Booth on 3 Lessons from Investing's Moneyball Moment in Fortune magazine, I break down what a century of US stock market history reveals for everyday investors. Lesson 1. Insiders Aren't Smarter Than Outsiders One of the key insights unearthed from this century's worth of data is simple but profound: experts, or “insiders,” don't consistently outperform the market. Early research using the University of Chicago's Center for Research on Security Prices (CRSP) data found that, on average, mutual funds and clever stock pickers failed to beat the simple strategy of buying and holding a diversified market portfolio. This led to the explosion of index funds, notably pioneered by Vanguard and enabled by firms like Dimensional. Now, anyone, not just Wall Street professionals, can own broad, low-cost portfolios and harness the long-term growth of the entire market rather than trying (and in most cases, failing) to outsmart it. Lesson 2. Bet on Human Ingenuity Human creativity and progress power the market's reliable returns over the decades. Companies go public to raise money, which they funnel into improving their products and expanding their reach. Every day, millions of people at thousands of companies are seeking better ways to serve their customers and grow profits. When you invest in the stock market, you're ultimately betting on people's ability to innovate and adapt to a changing world. This century-long experiment in collective growth has consistently delivered average returns of around 10% per year, a number that's survived wars, recessions, inflation spikes, and bubbles. Lesson 3. Investor Behavior Is Key If reams of data tell us anything, it's this: reliable, long-term returns belong to disciplined investors. The journey is never smooth—market downturns feel chaotic and alarming in the moment. Yet, $1,000 invested in 1926 would have grown to over $17 million by 2025, despite wars, crashes, and global crises. Most investors who stuck with the market over any 10- or 20-year span came out ahead. Stay disciplined, trust the data, and know that while the challenges may look different, the power of long-term, patient investing is timeless. Outline of This Episode [00:00] 100 years of market insights[03:14] Football transformed by data analytics[07:32] Moneyball, markets, and data[11:06] Insiders vs. outsiders on stocks[16:17] Human ingenuity in investing[17:26] Investing discipline drives long-term success Resources Mentioned Moneyball Synopsis 3 lessons from investing's moneyball moment in Fortune University of Chicago's Center for Research on Security Prices (CRSP) Connect With Scott Wellens Schedule a discovery call with ScottSend a message to ScottVisit Fortress Planning GroupConnect with Scott on LinkedInFollow Scott on TwitterFortress Planning Group on Facebook Subscribe to Best In Wealth Audio Production and Show Notes by PODCAST FAST TRACK https://www.podcastfasttrack.com Podcast Disclaimer: The Best In Wealth Podcast is hosted by Scott Wellens. Scott Wellens is the principal at Fortress Planning Group. Fortress Planning Group is a registered investment advisory firm regulated by the US Securities and Exchange Commission in accordance and compliance with securities laws and regulations. Fortress Planning Group does not render or offer to render personalized investment or tax advice through the Best In Wealth Podcast. The information provided is for informational purposes only and does not constitute financial, tax, investment or legal advice.
Liberation Times' Christopher Sharp reported Saturday that 40-year Republican Senator Mitch McConnell and his chief of staff, Terry Carmack, were likely mostly responsible for derailing efforts to include UAP transparency legislation in the National Defense Authorization Act for 2026. Also, the strange story of David Booth, a Cincinnati resident who, in May 1979, began having bizarre dreams every night for 10 days straight of a commercial airliner crashing. After the seventh time having the dream, Booth contacted the Federal Aviation Administration to report what he was experiencing. On May 25, 1979, Booth's nightmare became a reality when American Airlines Flight 191 crashed just after taking off from Chicago O'Hare International Airport, killing all 271 people on board, as well as two people on the ground.Links/Sources:Sources Blame Senator McConnell for UFO Transparency Law Failure — Liberation Times | Reimagining Old NewsMan had ‘vision' about one of America's deadliest airline disasters 10 nights in a row before it happenedIn Search Of... Air Disaster PredictionsSupport Extraterrestrial Reality/Quirk Zone on Patreon:https://www.patreon.com/c/Extraterrestrial_RealityCheck out my YouTube channel:Quirk Zone - YouTubeExtraterrestrial Reality Book Recommendations:Link to ROSWELL: THE ULTIMATE COLD CASE: CLOSED: https://amzn.to/3O2loSILink to COMMUNION by Whitley Strieber: https://amzn.to/3xuPGqiLink to THE THREAT by David M. Jacobs: https://amzn.to/3Lk52njLink to TOP SECRET/MAJIC by Stanton Friedman: https://amzn.to/3xvidfvLink to NEED TO KNOW by Timothy Good: https://amzn.to/3BNftfTLink to UFOS AND THE NATIONAL SECURITY STATE, VOLUME 1: https://amzn.to/3xxJvlvLink to UFOS AND THE NATIONAL SECURITY STATE, VOLUME 2: https://amzn.to/3UhdQ1lLink to THE ALLAGASH ABDUCTIONS: https://amzn.to/3qNkLSgUFO CRASH RETRIEVALS by Leonard Stringfield: https://amzn.to/3RGEZKsFLYING SAUCERS FROM OUTER SPACE by Major Donald Keyhoe: https://amzn.to/3S7WkxvCAPTURED: THE BETTY AND BARNEY HILL UFO EXPERIENCE by Stanton Friedman and Kathleen Marden: https://amzn.to/3tKNVXn#ufos #aliens #vegas aliens #ufo podcast
Liberation Times' Christopher Sharp reported Saturday that 40-year Republican Senator Mitch McConnell and his chief of staff, Terry Carmack, were likely mostly responsible for derailing efforts to include UAP transparency legislation in the National Defense Authorization Act for 2026. Also, the strange story of David Booth, a Cincinnati resident who, in May 1979, began having bizarre dreams every night for 10 days straight of a commercial airliner crashing. After the seventh time having the dream, Booth contacted the Federal Aviation Administration to report what he was experiencing. On May 25, 1979, Booth's nightmare became a reality when American Airlines Flight 191 crashed just after taking off from Chicago O'Hare International Airport, killing all 271 people on board, as well as two people on the ground.Links/Sources:Sources Blame Senator McConnell for UFO Transparency Law Failure — Liberation Times | Reimagining Old NewsMan had ‘vision' about one of America's deadliest airline disasters 10 nights in a row before it happenedIn Search Of... Air Disaster PredictionsSupport Extraterrestrial Reality/Quirk Zone on Patreon:https://www.patreon.com/c/Extraterrestrial_RealityCheck out my YouTube channel:Quirk Zone - YouTubeExtraterrestrial Reality Book Recommendations:Link to ROSWELL: THE ULTIMATE COLD CASE: CLOSED: https://amzn.to/3O2loSILink to COMMUNION by Whitley Strieber: https://amzn.to/3xuPGqiLink to THE THREAT by David M. Jacobs: https://amzn.to/3Lk52njLink to TOP SECRET/MAJIC by Stanton Friedman: https://amzn.to/3xvidfvLink to NEED TO KNOW by Timothy Good: https://amzn.to/3BNftfTLink to UFOS AND THE NATIONAL SECURITY STATE, VOLUME 1: https://amzn.to/3xxJvlvLink to UFOS AND THE NATIONAL SECURITY STATE, VOLUME 2: https://amzn.to/3UhdQ1lLink to THE ALLAGASH ABDUCTIONS: https://amzn.to/3qNkLSgUFO CRASH RETRIEVALS by Leonard Stringfield: https://amzn.to/3RGEZKsFLYING SAUCERS FROM OUTER SPACE by Major Donald Keyhoe: https://amzn.to/3S7WkxvCAPTURED: THE BETTY AND BARNEY HILL UFO EXPERIENCE by Stanton Friedman and Kathleen Marden: https://amzn.to/3tKNVXn#ufos #aliens #vegas aliens #ufo podcast
Common Man Hour 2 --Vikings Win! --David Booth w/ Special Olympics --JJ!
Common Man Hour 2 --Vikings Win! --David Booth w/ Special Olympics --JJ!See omnystudio.com/listener for privacy information.
Common Man Hour 2 --Vikings Win! --David Booth w/ Special Olympics --JJ!See omnystudio.com/listener for privacy information.
KU alumnus David Booth donated $300 million to the university yesterday, believed to be the biggest gift in recorded history for college athletics The $300 million is for both athletics and campus development, including $75 million to the next phase of the Gateway District and renovations to the football stadium Show Sponsored by SANDHILLS GLOBALOur Sponsors:* Check out Hims: https://hims.com/EARLYBREAKAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy
Mike Johnson, Beau Morgan, and Ali Mac react to all of the latest college football headlines, including the University of Kansas receiving an unprecedented $300 million gift from donor David Booth, which is believed to be among the largest single gifts in the history of college athletics and the largest in school history. Mike, Beau, and Ali also talk about how Kansas will put David Booth's $300 million-dollar donation to good use.
HR1 - Falcons proved a lot during their joint practices with Titans In hour one Mike Johnson, Beau Morgan, and Ali Mac give you their biggest takeaways from day two of joint practice between the Atlanta Falcons and the Tennessee Titans, and explain why they think the entire Falcons' team are starting to take on the on-field attitude of Michael Penix Jr. Then, Ali, Mike, and Beau recap and tell you what their point of view was for all of the fights that happened between the Atlanta Falcons and the Tennessee Titans yesterday during their second joint practice, and explain why they think that these fights happened because of the Titans being sour that they lost and kind of got dominated by the Falcons in day one of their joint practice. The Morning Shift crew also reacts to all of the latest college football headlines, including the University of Kansas receiving an unprecedented $300 million gift from donor David Booth, which is believed to be among the largest single gifts in the history of college athletics and the largest in school history. Mike, Beau, and Ali also talk about how Kansas will put David Booth's $300 million-dollar donation to good use. Finally, The Morning Shift crew closes out hour one by diving into the life of Ali Mac in Ali's Mac Drop!
DJ & PK debated if David Booth's $300 million gift will up the ante when it comes to funding sports in college athletics and how it may impact the BYU Cougars and Utah Utes.
Inspired by the words 'Your Kingdom come' in the Lord's Prayer, this is a worshipful improvisation that Sally sung, accompanied by David Booth on guitar. It expresses our longing for more of God and His Heavenly Kingdom as we soak in His presence and seek His face - both for ourselves and for the many situations that we bring Him.
David Booth is the co-founder of Dimensional Fund Advisors, a leading investment management company, with $777 billion in assets under management as of the end of last year. David helped transform the world of modern investing and is the namesake of the University of Chicago's Booth School of Business. David joins Adam to share his journey and his best lessons learned along the way. David and Adam discuss investing, managing uncertainty, decision-making, trust, data, leadership, success, and much more.
In 1979, an ordinary man began having the same nightmare—night after night, always the same. A plane, a runway, a fiery crash. He told someone. He tried to warn them. This is the story of David Booth's terrifying premonition.You can find Edwin social media as @edwincovHave an idea you want to send? Send me an email or DM! @edwincov on social or hello@horrorstory.comVoicemails: fanlist.com/scaryYou can get these ad-free through ScaryPlus.com free for 14 days, then 4.99 per month. Cancel anytime.Get in touch on HorrorStory.com
Our guest on the podcast today is David Booth. He's the Chairman of Dimensional Fund Advisors, a firm he founded in 1981. David led Dimensional as CEO and later Co-CEO until 2017, when he stepped back from the daily management of the firm. David helped create one of the world's first index funds in the 1970s and launched the first passively managed small-company strategy in the early 1980s. He received a bachelor's degree in economics in 1968 and a master's degree in business in 1969 from the University of Kansas. In 1971, he received an MBA from the University of Chicago. Over the years, David has been a benefactor to both schools, and the University of Chicago Booth School of Business is named in David's honor. David, welcome to The Long View.BackgroundBioTune Out the NoiseDFA US Small CapDFA US Micro CapPapers Mentioned“Stocks, Bonds, Bills and Inflation: Year-by-Year Historical Returns (1926-1974),” by Roger Ibbotson and Rex Siquefield, The Journal of Business, January 1976.“The Cross-Section of Expected Stock Returns,” by Eugene Fama and Kenneth French, jstor.org, June 1992.“Why Investors Missed Out on 15% of Total Fund Returns,” by Jeffrey Ptak, Morningstar.com, Aug. 15, 2024.OtherErrol MorrisMerton MillerEugene FamaMac McQuownRex SinquefieldRobert MertonDan WheelerDaniel Kahneman“Everything You Need to Know About ‘MADOFF: The Monster of Wall Street,'” by Ingrid Ostby, netflix.com, Jan. 4, 2023.“DFA vs. Vanguard,” The Rational Reminder podcast, Episode 351, youtube.com.“PHOTOS: A Look Inside the Booth Estate,” Austin American-Statesman, Feb. 13, 2020.
David Booth, the founder and Chairman of Dimensional Funds, on how he and a group of future Nobel Prize winners came together at the University of Chicago in the late 1960's and 70's and revolutionized the investing world by applying data, for the first time, to quantify the real performance of the stock market, and to shine a glaring spotlight on the way Wall Street used to work. In the process, they created Dimensional Funds - one of the most successful investing firms in history. LINKS: https://www.dimensional.com/us-en/who-we-are/about-us https://www.youtube.com/watch?v=T98825bzcKw Learn more about your ad choices. Visit podcastchoices.com/adchoices
Questions? Comments?Don and Tom explore the role of risk, resilience, and rational investing as they tackle stock market uncertainty, Roth conversion confusion, and Robinhood's attempt to lure new users. They mix in practical advice with plenty of caller questions—plus a detour into air-dried laundry, social media skepticism, and an appreciation for the film Tune Out the Noise. It's Talking Real Money in its purest form: smart, skeptical, and occasionally funny.0:04 Intro: Making money more understandable1:09 Tom's tech issues and growing role of the stock market2:11 When you should sell stocks in retirement3:31 Risk capacity vs risk tolerance explained5:14 Funny promo: Financial Flinch Reflex (FFR)6:32 Stock market participation then vs now7:04 Caller: Gratitude for 'Tune Out the Noise' documentary8:16 The real goal of the show: Tuning out the noise10:45 Caller Paul on clothesline nostalgia and laundry talk13:05 Documentary's backstory, David Booth's art & Dimensional's origins14:30 Why market timing makes you crazy and poor15:57 Caller Tom sees a Facebook Roth ad—what gives?17:46 Breaking down legitimate Roth conversion strategies19:31 Don's rant on Facebook, Tom's retreat to LinkedIn20:39 Caller Roger: Can you convert RMDs into Roth? (Spoiler: no)21:37 Clarifying RMDs vs Roth conversions—rules & misunderstandings24:14 Direct 401(k) to Roth IRA conversion—confirmed25:59 Q: Why add bonds if you're 20 years from retirement?28:03 How real people react to 50% portfolio drops29:16 The truth about emotional investing and loss tolerance31:08 Why Robinhood's "free money" comes at a cost32:56 Custodians vs Gamifiers: Schwab, Fidelity, and the Robinhood trapLearn more about your ad choices. Visit megaphone.fm/adchoices
Don and Tom explore the role of risk, resilience, and rational investing as they tackle stock market uncertainty, Roth conversion confusion, and Robinhood's attempt to lure new users. They mix in practical advice with plenty of caller questions—plus a detour into air-dried laundry, social media skepticism, and an appreciation for the film Tune Out the Noise. It's Talking Real Money in its purest form: smart, skeptical, and occasionally funny. 0:04 Intro: Making money more understandable 1:09 Tom's tech issues and growing role of the stock market 2:11 When you should sell stocks in retirement 3:31 Risk capacity vs risk tolerance explained 5:14 Funny promo: Financial Flinch Reflex (FFR) 6:32 Stock market participation then vs now 7:04 Caller: Gratitude for 'Tune Out the Noise' documentary 8:16 The real goal of the show: Tuning out the noise 10:45 Caller Paul on clothesline nostalgia and laundry talk 13:05 Documentary's backstory, David Booth's art & Dimensional's origins 14:30 Why market timing makes you crazy and poor 15:57 Caller Tom sees a Facebook Roth ad—what gives? 17:46 Breaking down legitimate Roth conversion strategies 19:31 Don's rant on Facebook, Tom's retreat to LinkedIn 20:39 Caller Roger: Can you convert RMDs into Roth? (Spoiler: no) 21:37 Clarifying RMDs vs Roth conversions—rules & misunderstandings 24:14 Direct 401(k) to Roth IRA conversion—confirmed 25:59 Q: Why add bonds if you're 20 years from retirement? 28:03 How real people react to 50% portfolio drops 29:16 The truth about emotional investing and loss tolerance 31:08 Why Robinhood's "free money" comes at a cost 32:56 Custodians vs Gamifiers: Schwab, Fidelity, and the Robinhood trap Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode of Talking Real Money, Don and Tom dive deep into the question of whether long-term investing in stocks truly guarantees returns. Challenging the conventional wisdom, they examine research by Professor Edward McQuarrie that reveals 10- and even 30-year periods in U.S. and international markets where investors lost money—especially when adjusting for inflation. Despite these sobering findings, the hosts reaffirm their belief in equity markets, emphasizing diversification and the historical outperformance of stocks over bonds. They also critique opaque, sales-driven investment products like private credit funds and annuities, urging listeners to remain skeptical, informed, and grounded in long-term strategy rather than promises of guaranteed returns. 0:24 David Booth says stocks average 10% long-term 1:20 McQuarrie: no guarantee of gains, even over 20 years 2:27 Long-term losses happened—inflation-adjusted 3:16 Diversification helps but doesn't solve everything 4:08 Most individual stocks lose money—own them all 6:04 Stocks reward, but not guaranteed 11:43 Investing = optimism about the future 13:02 Market timing fails—psychics underperform 15:25 Private credit fund OCIC = high risk, low transparency 18:06 OCIC fees are sky-high—10%+ annually 19:42 Annuities explained—loss of control, high costs 21:53 Annuities ≠ bank CDs—know the difference 24:52 OCIC loaded with fees, risky loans Learn more about your ad choices. Visit megaphone.fm/adchoices
Questions? Comments?In this episode of Talking Real Money, Don and Tom dive deep into the question of whether long-term investing in stocks truly guarantees returns. Challenging the conventional wisdom, they examine research by Professor Edward McQuarrie that reveals 10- and even 30-year periods in U.S. and international markets where investors lost money—especially when adjusting for inflation. Despite these sobering findings, the hosts reaffirm their belief in equity markets, emphasizing diversification and the historical outperformance of stocks over bonds. They also critique opaque, sales-driven investment products like private credit funds and annuities, urging listeners to remain skeptical, informed, and grounded in long-term strategy rather than promises of guaranteed returns.0:24 David Booth says stocks average 10% long-term1:20 McQuarrie: no guarantee of gains, even over 20 years2:27 Long-term losses happened—inflation-adjusted3:16 Diversification helps but doesn't solve everything4:08 Most individual stocks lose money—own them all6:04 Stocks reward, but not guaranteed11:43 Investing = optimism about the future13:02 Market timing fails—psychics underperform15:25 Private credit fund OCIC = high risk, low transparency18:06 OCIC fees are sky-high—10%+ annually19:42 Annuities explained—loss of control, high costs21:53 Annuities ≠ bank CDs—know the difference24:52 OCIC loaded with fees, risky loansLearn more about your ad choices. Visit megaphone.fm/adchoices
On today's Talking Real Money, Don McDonald welcomed two special guests from Dimensional Fund Advisors (DFA)—founder David Booth and co-CEO Dave Butler—to discuss their unique investment philosophy and the importance of tuning out financial noise. The conversation centered around DFA's documentary, "Tune Out the Noise," which emphasizes an academically-based investment strategy focused on sensible, disciplined investing rather than market timing and stock picking. Don and his guests explained the distinct difference between DFA's approach and traditional active or passive investing, highlighting DFA's strategy of combining the strengths of indexing with flexible, thoughtful trading to enhance returns. They also discussed how the rise of ETFs and technological advancements are reshaping the investment industry, making it easier for investors to access diversified, low-cost portfolios. Finally, the episode stressed the critical importance of managing emotional reactions to market volatility, reinforcing the value of staying disciplined and diversified to achieve long-term investment success. 2:34 Tune Out the Noise Documentary 4:23 Dimensional's Unique Investment Philosophy 7:31 Adding Value Over Indexing 8:20 Early Challenges and Data Evidence 11:25 The Role of Nobel Laureates 15:24 Active vs. Passive Investing 19:04 The Future of Active Management 23:32 Evolution of the Mutual Fund Industry 26:02 Technology's Impact on Investing 28:28 Behavioral Aspects of Investing 30:47 The Rise of ETFs 32:37 The Trust Factor in Finance 35:22 Tuning Out the Noise Learn more about your ad choices. Visit megaphone.fm/adchoices
Questions? Comments?On today's Talking Real Money, Don McDonald welcomed two special guests from Dimensional Fund Advisors (DFA)—founder David Booth and co-CEO Dave Butler—to discuss their unique investment philosophy and the importance of tuning out financial noise. The conversation centered around DFA's documentary, "Tune Out the Noise," which emphasizes an academically-based investment strategy focused on sensible, disciplined investing rather than market timing and stock picking. Don and his guests explained the distinct difference between DFA's approach and traditional active or passive investing, highlighting DFA's strategy of combining the strengths of indexing with flexible, thoughtful trading to enhance returns. They also discussed how the rise of ETFs and technological advancements are reshaping the investment industry, making it easier for investors to access diversified, low-cost portfolios. Finally, the episode stressed the critical importance of managing emotional reactions to market volatility, reinforcing the value of staying disciplined and diversified to achieve long-term investment success.2:34 Tune Out the Noise Documentary4:23 Dimensional's Unique Investment Philosophy7:31 Adding Value Over Indexing8:20 Early Challenges and Data Evidence11:25 The Role of Nobel Laureates15:24 Active vs. Passive Investing19:04 The Future of Active Management23:32 Evolution of the Mutual Fund Industry26:02 Technology's Impact on Investing28:28 Behavioral Aspects of Investing30:47 The Rise of ETFs32:37 The Trust Factor in Finance35:22 Tuning Out the NoiseLearn more about your ad choices. Visit megaphone.fm/adchoices
Academy Award-winning filmmaker Errol Morris turns his lens to an unlikely cast of upstarts who transformed the investment landscape in the documentary Tune Out the Noise. The film chronicles a group of academics at the University of Chicago in the 1960s whose groundbreaking research challenged Wall Street's status quo and was used by firms like Dimensional Fund Advisors to disrupt traditional methods of investing, ultimately reshaping the way the world views markets. On this episode of Jill on Money we're joined by Dimensional founder David Booth and Errol Morris. You can watch the film HERE. Have a money question? Email us here Subscribe to Jill on Money LIVE YouTube: @jillonmoney Instagram: @jillonmoney Twitter: @jillonmoney "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Want to see what you may be overlooking in your finances? Discover your biggest opportunities in just 15 questions with my Financial Assessment. ----- David Booth, founder of Dimensional Fund Advisors, joins me to discuss how academic research transformed investing by challenging Wall Street's stock-picking culture. We explore why markets function as an information-processing machine, how the efficient market hypothesis reshaped portfolio management, and why most investors are better off embracing evidence-based strategies. Listen now and learn: ► How the rise of evidence-based investing disrupted traditional stock-picking. ► The role of human ingenuity in driving long-term investment returns. ► How to separate signal from noise and focus on what really matters for your portfolio. Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions. (02:00) From Selling Shoes to the Science of Investing (04:08) The University of Chicago & The Birth of Evidence-Based Investing (06:30) Wall Street's Traditional Approach vs. The Academic Revolution (14:00) The Hidden Order in Markets—And Why Human Ingenuity Drives Returns (16:30) The First Index Funds & The Rise of Dimensional (24:50) Active vs. Passive? Why That's the Wrong Debate (28:00) Separating Signal from Noise—How Investors Get Distracted (29:50) Why More Investors Haven't Adopted the Science of Investing (33:00) David's Advice to His Younger Self
Mark T. Hebner is the founder and CEO of Index Fund Advisors, Inc., (IFA), author of the highly regarded book Index Funds: The 12-Step Recovery Program for Active Investors, focused on investor education. Mark's current book and previous editions received praise from financial industry experts and academic luminaries, including John Bogle, David Booth, Burton Malkiel, and Nobel Laureates Harry Markowitz and Paul Samuelson. The book has been nominated as one of the three all-time greatest investment books, along with the writings of John Bogle and Warren Buffett. This book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth-depleting behaviors. Hebner's 12-Step Program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on evidence-based investing that may forever change the way an investor perceives the stock market. Hebner is a respected speaker, frequent news contributor and authority on investing. His life's mission is to “change the way the world invests by replacing speculation with education.” Hebner is especially knowledgeable about index funds, portfolio construction and the research indexes designed by Nobel Laureate Eugene Fama and Kenneth French. These indexes provide the building blocks for the prudent evidence-based investment strategies that Hebner implements for his IFA clients. Mark is a Wealth Advisor (Series 65) and has an MBA from the University of California, Irvine and a Bachelor's in Nuclear Pharmacy from the University of New Mexico. He was a member of the Young Presidents' Organization for over 20 years and is currently a member of the World Presidents' Organization and the Chief Executives Organization. Prior to founding Index Fund Advisors in 1999, Mark was President, CEO and co-Founder of Syncor International (previously a public company - SCOR) from 1975 to 1985. In Jan. 2003, Cardinal Health acquired Syncor for approximately $850 million. As a division of Cardinal Health, it is the world's leading provider of nuclear pharmacy services. -- Critical Mass Business Talk Show is Orange County, CA's longest-running business talk show, focused on offering value and insight to middle-market business leaders in the OC and beyond. Hosted by Ric Franzi, business partner at REF Orange County.
In this episode of The Curious Builder Podcast, host Mark Williams chats with Jacob Zikmund and David Booth from Double Jack Design about the nitty-gritty of creative constraints and the importance of personal connection in building trusted client relationships. They dive into fascinating projects like the NatureLink Resort and innovative co-living designs, while also touching on the rewarding nature of seeing their work come to life and the impact of embracing sustainable practices in the construction industry. Tune in for some laughs about golfing skills and exciting updates on their community-driven developments! Support the show - https://www.curiousbuilderpodcast.com/shop See our upcoming live events - https://www.curiousbuilderpodcast.com/events The host of the Curious Builder Podcast is Mark D. Williams, the founder of Mark D. Williams Custom Homes Inc. They are an award-winning Twin Cities-based home builder, creating quality custom homes and remodels — one-of-a-kind dream homes of all styles and scopes. Whether you're looking to reimagine your current space or start fresh with a new construction, we build homes that reflect how you live your everyday life. Sponsors for the Episode: Pella Website: https://www.pella.com/ppc/professionals/why-wood/ Adaptive https://www.adaptive.build Lake Society Magazine: Website: https://www.lakesocietymagazine.com/ Where to find the Guest: Website: https://doublejackdesign.com/ Instagram: https://www.instagram.com/doublejackdw/ LinkedIn: http://linkedin.com/company/double-jack-design-workshop Where to find the Host: Website - https://www.mdwilliamshomes.com/ Podcast Website - https://www.curiousbuilderpodcast.com Instagram - https://www.instagram.com/markdwilliams_customhomes/ Facebook - https://www.facebook.com/MarkDWilliamsCustomHomesInc/ LinkedIn - https://www.linkedin.com/in/mark-williams-968a3420/ Houzz - https://www.houzz.com/pro/markdwilliamscustomhomes/mark-d-williams-custom-homes-inc
How can museums remain relevant in the digital age, where visual imagery is more accessible than ever? What role do museums play in fostering creativity and innovation in their communities?Stephen Reily is the Founding Director of Remuseum, an independent research project housed at Crystal Bridges Museum of American Art in Bentonville, Arkansas. Funded by arts patron David Booth with additional support by the Ford Foundation, Remuseum focuses on advancing relevance and governance in museums across the U.S. He works with museums to create a financially sustainable strategy that is human-focused, centering on inclusion, diversity, and important causes like climate change. During his time as director of the Speed Art Museum in Louisville, KY, Reily presented Promise, Witness, Remembrance, an exhibition in response to the killing of Breonna Taylor and a year of protests in Louisville. In 2022, he co-wrote a book documenting the exhibition. As an active civic leader, Reily has been a part of numerous community organizations and boards, like the Reily Reentry Project, supporting expungement programs for Kentucky citizens, Creative Capital, offering grants for the arts, and founded Seed Capital Kentucky, a non-profit that aims to improve the food economy in the area.A Yale and Stanford Law graduate, Reily clerked for U.S. Supreme Court Justice John Paul Stevens before launching a successful entrepreneurial career, experiences he draws upon for public engagement initiatives.“The opportunity is that we have never had a public that is more passionate and obsessed with visual imagery. If the owners of the best original imagery in the world can't figure out how to take advantage of the fact that the world has now become obsessed with these treasures that we have to offer as museums, then shame on us. This is the opportunity to say, if you're spending all day scrolling on Instagram looking for amazing imagery, come and see the original source. Come and see the real work. Let us figure out how to make that connection.”https://remuseum.orghttps://crystalbridges.orgwww.stephenreily.comwww.kentuckypress.com/9781734248517/promise-witness-remembrancewww.creativeprocess.infowww.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
“The opportunity is that we have never had a public that is more passionate and obsessed with visual imagery. If the owners of the best original imagery in the world can't figure out how to take advantage of the fact that the world has now become obsessed with these treasures that we have to offer as museums, then shame on us. This is the opportunity to say, if you're spending all day scrolling on Instagram looking for amazing imagery, come and see the original source. Come and see the real work. Let us figure out how to make that connection.”Stephen Reily is the Founding Director of Remuseum, an independent research project housed at Crystal Bridges Museum of American Art in Bentonville, Arkansas. Funded by arts patron David Booth with additional support by the Ford Foundation, Remuseum focuses on advancing relevance and governance in museums across the U.S. He works with museums to create a financially sustainable strategy that is human-focused, centering on inclusion, diversity, and important causes like climate change. During his time as director of the Speed Art Museum in Louisville, KY, Reily presented Promise, Witness, Remembrance, an exhibition in response to the killing of Breonna Taylor and a year of protests in Louisville. In 2022, he co-wrote a book documenting the exhibition. As an active civic leader, Reily has been a part of numerous community organizations and boards, like the Reily Reentry Project, supporting expungement programs for Kentucky citizens, Creative Capital, offering grants for the arts, and founded Seed Capital Kentucky, a non-profit that aims to improve the food economy in the area.A Yale and Stanford Law graduate, Reily clerked for U.S. Supreme Court Justice John Paul Stevens before launching a successful entrepreneurial career, experiences he draws upon for public engagement initiatives.https://remuseum.orghttps://crystalbridges.orgwww.stephenreily.comwww.kentuckypress.com/9781734248517/promise-witness-remembrancewww.creativeprocess.infowww.oneplanetpodcast.orgIG www.instagram.com/creativeprocesspodcast
Rethinking the Rules: Why Everything You Know About Speaking Might Be Wrong As co-founders of Eloqui, Deborah Shames and David Booth have developed a unique approach to communication and presentation training that blends art and cognitive science. They have trained hundreds of professionals nationwide to find their unique voice and become more effective presenters. Their client list includes Fortune 500 companies such as TD Ameritrade, Mattel, Fisher-Price, Merrill Lynch, Siemens, and Pfizer. Deborah Shames is a communication expert and co-founder of Eloqui, a training firm specializing in business communication and presentation skills. She has authored several books, including "Own the Room" and "Out Front," focusing on empowering women in professional settings. With a background in film production, she combines storytelling with effective communication techniques. David Booth is a communication specialist and co-founder of Eloqui, known for his expertise in presentation skills. With a background in classical acting, he has performed in theater and narrated numerous training films. David has coached clients from Fortune 500 companies, helping them enhance their public speaking abilities. Their Work Together Together, Shames and Booth have developed innovative training methods that blend art and cognitive science, helping professionals engage and persuade their audiences. Their book "Own the Room" is a business best-seller and they are set to release a new series, "Briefly Speaking," in mid-September. Website | LinkedIn
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 ### Carl Instagram: @behaviorgap Blind Nil Instagram: @blindnilaudio 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