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Tune Out the Noise, a new documentary by Academy Award-winning director Errol Morris, captures the story of how finance became a science and challenged the traditional methods of investing. That, in turn, led to the invention of index funds, the founding of Dimensional Fund Advisors, an investment firm dedicated to implementing the science, and the evolution of client-focused financial advice. These advances have benefited generations of investors. Tune Out the Noise is told through the stories of 15 people, featuring interviews with Nobel Prize-winning economists, financial professionals, and the brain trust behind Dimensional. The feature-length film has a running time of 88 minutes, and I highly recommend watching it at home on a television. Here is a link to stream it online: Dimensional Fund Advisors is a separate entity.
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By Tim Baker, CFP®Advice and investment design should rely on long term, proven evidence. This column is dedicated to helping investors across the country, from all walks of life to understand the benefits of disciplined investing and the importance of planning. Archives
August 2024
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