Nobel End to Active Investing

Yet another nail in the coffin of active mutual funds as University of Chicago Professor Eugene Fama wins the Nobel Prize for economics. We congratulate Professor Fama, known as "the father of modern finance" on this incredible accomplishment. Fama is one of the academics whose work has helped developed the strategies of Dimensional Fund Advisors and of Vestory. This recent article from Bloomberg discusses the important implications of Professor Fama's research for investors and helps explain why we believe you should follow his teachings.