“[Millionaires] invest in equities and debt that are low risk with a high probability of reasonable income. They become much more focused on whether they are going to get their capital back than doubling it or tripling it in the next 10 years.” – Guy Baker
Professor Eugene Fama and David Booth discuss the Federal Reserve’s perceived impact on market interest rates.
“Flexibility is one of the key differences between index investing and Dimensional Investing and where so much of our innovation has taken place.” – David Booth
“Debt has escalated during the crisis as people have had to find ways to pay their most urgent bill. Once order is restored, the debts will have to be eliminated.” – Guy Baker