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Dimensional Fund Advisors

Will Inflation Hurt Stock Returns? Not Necessarily.

1,475
by Dimensional Fund Advisors
Wednesday, February 2, 2022

Investors may wonder whether stock returns will suffer if inflation keeps rising. Here’s some good news: Inflation isn’t necessarily bad news for stocks.A look at equity performance in the past three decades does not show any reliable connection between periods ...Read More

Article Library

  • murray@ifa.com

    2021 Q4 Market Review

    1,950
    by Murray Coleman — Monday, January 24, 2022

    Here is a review of the most recent quarter's results for IFA Index Portfolios and representative ...Read More

  • Mark Hebner and Murray Coleman

    Eugene Fama: One of A Kind

    32,065
    by Murray Coleman — Updated: Wednesday, January 19, 2022

    Here is a comprehensive listing of research done by one of the prominent academics in the field of financial ...Read More

  • Dimensional Fund Advisors

    Myth-Busting with Momentum: How to Pursue the Premium

    2,398
    by Dimensional Fund Advisors — Wednesday, November 10, 2021

    Nearly 30 years after its formal discovery, the appeal of stock price momentum remains in the eye of the beholder. Some see its outsize historical premium, 9.1% per year in the US, as validation for investing in momentum-focused ...Read More

  • Dimensional Fund Advisors

    CAPE Fear: Should Investors Be Concerned With Market Valuations?

    2,543
    by Dimensional Fund Advisors — Monday, November 8, 2021

    Investors often look for signals indicating whether it’s a good time to get into or out of the market. Market valuation measures, such as the cyclically adjusted price-to-earnings (CAPE) ratio1 of Campbell and Shiller (1998), are frequently portrayed as indicators to ...Read More

  • Dimensional Fund Advisors

    The Surprising Dividends of Transformed Investing

    2,449
    by Dave Goetsch — Wednesday, October 27, 2021

    I’ve been working in sitcom writing rooms for the past 25 years, and one of the most discussed, and least understood, topics is investing. To be in one of those rooms means that you have already beaten odds. In success, the financial benefits can be fast and ...Read More

  • murray@ifa.com

    2021 Q3 Market Review

    2,747
    by Murray Coleman — Thursday, October 21, 2021

    The evidence supporting global portfolio diversification mounted in 2021's third ...Read More

  • Dimensional Fund Advisors

    When It's Value vs. Growth, History Is on Value's Side

    2,793
    by Dimensional Fund Advisors — Updated: Tuesday, October 5, 2021

    There is pervasive historical evidence of value stocks outperforming growth stocks. Data covering nearly a century in the US, and nearly five decades of market data outside the US, support the notion that value stocks—those with lower relative prices—have higher ...Read More

  • Dimensional Fund Advisors

    Will Inflation Hurt Stock Returns? Not Necessarily.

    2,331
    by Dimensional Fund Advisors — Updated: Wednesday, September 22, 2021

    Investors may wonder whether stock returns will suffer if inflation keeps rising. Here’s some good news: Inflation isn’t necessarily bad news for stocks.A look at equity performance in the past three decades does not show any reliable connection between periods of ...Read More

  • Mark Hebner and IFA Contributors

    The Hunt for Profitability

    33,439
    by Murray Coleman — Updated: Tuesday, August 10, 2021

    Here's a look at the development of the profitability factor as a research tool in determining expected ...Read More

  • murray@ifa.com

    2021 Q2 Market Review

    2,907
    by Murray Coleman — Monday, July 19, 2021

    A growing economy kept boosting IFA Index Portfolio returns in the second quarter. In particular, global real estate posted strong ...Read More

  • Mark Hebner and Murray Coleman

    Selecting Investments

    64,902
    by Murray Coleman — Updated: Monday, July 12, 2021

    The science behind how we separate the wheat from the chaff, so to speak, in making our fund recommendations to ...Read More

  • Dimensional Fund Advisors

    Out of Bounds: Style Drift in the Russell 2000 Value Index

    2,811
    by Dimensional Fund Advisors — Tuesday, June 29, 2021

    AMC and GameStop are priced squarely in the large cap growth space, and yet represented nearly 1.5% of the Russell 2000 Value Index as of May 31. On the scale of size discrepancies, this is akin to 7-foot-6-inch former NBA star Yao Ming visiting a kindergarten class. However, ...Read More

  • Mark Hebner

    Calculations for T-Statistics

    86,178
    by Mark Hebner — Updated: Monday, June 28, 2021

    In calculating the t-stat, the first step is to determine the excess returns a manager earned above an appropriate ...Read More

  • Kenneth French

    False Negatives and False Positives

    2,779
    by Kenneth French — Thursday, June 17, 2021

    One of the things that makes the COVID-19 pandemic so challenging is false negatives. Early in the pandemic, it was clear that the consequences of infection are more severe for older people, a group my wife and I were surprised to discover includes us. We also learned that most ...Read More

  • jackson

    Inflation: An Exchange Between Eugene Fama and David Booth

    3,428
    by Dimensional Fund Advisors — Thursday, June 10, 2021

    With the economy starting to recover from the COVID-19 pandemic and investor concerns turning increasingly toward inflation, Dimensional Founder David Booth talked with Nobel laureate Eugene Fama about inflation and how investors should think about it in their portfolios. ...Read More

  • jackson

    To Bit or Not to Bit: What Should Investors Make of Bitcoin Mania?

    3,239
    by Dimensional Fund Advisors — Tuesday, March 23, 2021

    Bitcoin and other cryptocurrencies are receiving intense media coverage, prompting many investors to wonder whether these new types of electronic money deserve a place in their portfolios. Cryptocurrencies such as bitcoin emerged only in the past decade. Unlike traditional ...Read More

  • DFA

    Tales from the Crypto: How to Think About Bitcoin

    3,065
    by Dimensional Fund Advisors — Wednesday, March 17, 2021

    Bitcoin and related cryptocurrencies (now numbering in the thousands) are the subject of much debate and fascination. Given bitcoin’s dramatic price changes, it is not surprising that many are speculating about its possible role in a ...Read More