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Rating:A 'Quirky' Fund Firm Catches the Attention of the New York Times Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, January 31, 2011

A 'Quirky' Fund Firm Catches the Attention of the New York Times

News summary by MFWire's editors

New York Times columnist Ron Lieber has an article over the weekend about Dimensional Fund Advisors, which he described as "probably the quirkiest company in all of financial services."

David Booth
Dimensional Fund Advisors
Chairman and Co-CEO
Lieber, who pens the Your Money column, delves into the mutual fund firm's investing style, distribution strategy and cult-like following among financial advisors, and also mentions a small stakeholder by the name of Arnold Schwarzenegger.

The article also has the current number of FAs DFA works with: 1,500. Lieber even tags along with some of those advisors who made their way to a DFA meeting.

Among those quoted in the article are co-CEO and co-founder David Booth, vice president Weston Wellington and Booth's co-founder, Rex Sinquefield, who spent three years preparing to become a priest before he entered the world of financial services.

Sinquefield gets the last word in the article.

"If they want to call me the high priest of efficient markets, I plead guilty. You can even say I'm aspiring to bishop. Or since I'm in St. Louis, Id like to be a cardinal."  

Edited by: Armie Margaret Lee


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