About this episode

David Booth discusses the importance of embracing uncertainty in investing and shares insights from his new book.

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…

People in this episode

Host: Niels Kaastrup-Larsen

Guest: David Booth

Topics covered

• investing
• uncertainty
• quantitative investment
• asset management
• mindset

Keywords

• investing
• uncertainty
• quantitative
• asset management
• David Booth
• index fund
• active quant strategy

Mentioned in this episode

Organizations: Dimensional Fund Advisors

Books & works: Stay Calm: Learn to Embrace Uncertainty in Investing and Life

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