Articles From David Booth (4)

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  • The Evolution of Dimensional

    14,816
    by David Booth — Monday, May 13, 2013

    We believe that the best way to add value over benchmark returns is by structuring portfolios around the dimensions of expected returns. Portfolio structure, rather than the tactical shifts associated with conventional management, drives the performance of portfolios. Clients ...Read More

  • Index and Enhanced Index Funds

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    by David Booth — Sunday, April 1, 2001

    The purpose of including Exhibit 5 is to demonstrate that portfolio management is a sufficiently complicated task even when index funds are used. In some ways, the role of an investment committee is made more difficult, because it has to decide which ...Read More

  • Random Drift and Asset Allocation

    5,643
    by David Booth — Thursday, July 1, 1999

    A doubling of the price-earnings ratio occurs when r-g is cut in half. If r-g is 6%, then the P/E ratio for a stock or index is 16.7. If r-g is 3%, then the P/E ratio is ...Read More