This is one where I’m definitely having to watch in a focused manner rather than listening while driving a tractor trailer (literally). Great, deep stuff.
What I found amazing about this episode is that I didn't really understand most of the questions, but I developed an understanding via Gerard's answers. He has such a great way of quickly setting up some context before answering that makes him such a great communicator. Never mind the portfolio theory stuff, I learned quite a bit on how to communicate complex topics in a way that brings in the listener without too much fluff. Examples: * operating profitability - his example demonstrated the volatility difference well. * goodwill as an asset - the answer is still beyond me a bit, but through his answer I understood the question (through great examples) * intangible assets (something I can relate to as a software engineer but never thought about it in this way before)
Thanks a lot Ben for your questions at the end regarding ICAPM. Gerard's answers provide a lot a guidance following some implementation questions that arose following the last few episodes. What a well-articulated human being. Another great episode guys.
Wow, fantastic show. I had to stop doing what I was doing to pay attention... and my brain hurt afterward--which I take as a good sign that your content is helping me exercise that muscle. (You feed the engineer in my mind!) Thank you very much.
I looked into investing in Dimensional but since most financial advisor charge a hefty premium, I'm sticking with Blackrock iShares ETFs. If Dimensional would be readily available, I'd switch in a heartbeat.
Very nice episode, very insightful guest. I have 80% of my portfolio in Dimensional mutual funds (the european ones, but I'd prefer Dimensional ETFs 😉), so this was an interesting listen. Thank you!
Hi Guys, Just read the piece on the irrelevance of dividends... wouldn't there be an advantage to them while reducing capital base during a falling/down market?
DFA is useless for most individuals atleast in the UAE. In 2021 they increased the mimumum investment from 100k USD to 500K USD with zero flexibility on the requirements . On enquiring and being extremely disappointed they ( AES international who sells DFA) told me 'DFA is more into preservation of assets than growth, we advice you to come back when you have 500k'.
Amazing show! though I had to listen to it twice to get 33% of what was said :) One important question: as a European (Italian to be precise), are there any Funds comparable to Dimensional here in the Old Continent? I mean in terms of investment philosophy and scientific soundness (...and you know, solid returns wouldn't be bad as well :P). Thanks and keep up the amazing work, looking forward to episode 200!
45:54 is muted momentarily. Pulling from the transcript: "That's our view, you hit it perfectly, Ben. Yep."
Gerard: "I knew you were going to ask that question so I went back and looked through my notes before the podcast." FROM 11 YEARS AGO! What a beast!
This is one where I’m definitely having to watch in a focused manner rather than listening while driving a tractor trailer (literally). Great, deep stuff.
This episode is a mini PhD in Finance. Great work and excellent guest!
This is so good I’m going to have to watch this twice
What I found amazing about this episode is that I didn't really understand most of the questions, but I developed an understanding via Gerard's answers. He has such a great way of quickly setting up some context before answering that makes him such a great communicator. Never mind the portfolio theory stuff, I learned quite a bit on how to communicate complex topics in a way that brings in the listener without too much fluff.
Examples:
* operating profitability - his example demonstrated the volatility difference well.
* goodwill as an asset - the answer is still beyond me a bit, but through his answer I understood the question (through great examples)
* intangible assets (something I can relate to as a software engineer but never thought about it in this way before)
Thanks a lot Ben for your questions at the end regarding ICAPM. Gerard's answers provide a lot a guidance following some implementation questions that arose following the last few episodes. What a well-articulated human being. Another great episode guys.
Wow, fantastic show. I had to stop doing what I was doing to pay attention... and my brain hurt afterward--which I take as a good sign that your content is helping me exercise that muscle. (You feed the engineer in my mind!) Thank you very much.
What happened to the very last question? 'How do you define success? '
I looked into investing in Dimensional but since most financial advisor charge a hefty premium, I'm sticking with Blackrock iShares ETFs. If Dimensional would be readily available, I'd switch in a heartbeat.
They have ETFs now. No advisor needed.
-Ben
Very nice episode, very insightful guest. I have 80% of my portfolio in Dimensional mutual funds (the european ones, but I'd prefer Dimensional ETFs 😉), so this was an interesting listen. Thank you!
Great episode, really intersting
Hi Guys, Just read the piece on the irrelevance of dividends... wouldn't there be an advantage to them while reducing capital base during a falling/down market?
DFA is useless for most individuals atleast in the UAE. In 2021 they increased the mimumum investment from 100k USD to 500K USD with zero flexibility on the requirements . On enquiring and being extremely disappointed they ( AES international who sells DFA) told me 'DFA is more into preservation of assets than growth, we advice you to come back when you have 500k'.
DFA have ETF now. No minimum required
There is silence from about 1:45:01 through 1:45:09
We had some slight audio issues during recording!
Amazing show! though I had to listen to it twice to get 33% of what was said :)
One important question: as a European (Italian to be precise), are there any Funds comparable to Dimensional here in the Old Continent? I mean in terms of investment philosophy and scientific soundness (...and you know, solid returns wouldn't be bad as well :P).
Thanks and keep up the amazing work, looking forward to episode 200!
There is a massive thread on this at community.rationalreminder.ca/
@@rationalreminder ...and down the rabbit hole I go. Thanks!
@Jacopo I'd advise you to check out iShares core world MSCI etf. Low cost and about 1600 companies in there.
First.
Yea do!