Masters in Business · Friday, August 28, 2026
David Booth, founder of Dimensional Fund Advisors, emphasizes that uncertainty is not to be feared but embraced, as it creates opportunities in both life and investing. He advises investors to 'stay calm' during market volatility, noting that human ingenuity and the market's ability to price in bad news often lead to recovery faster than anticipated.
“And not only, um, Let me talk about a breakthrough that happened to us about 10 years ago. When we started, we realized that there are a lot of parallels between investing and your life experiences. And a lot of that has to do with how you deal with uncertainty.”
“So what I believe will happen. People aren't just going to sit there and take it. You know, kind of the cornerstone of all of my belief in markets and how they work is human ingenuity. That's what ends up bailing us out.”
“So embrace that uncertainty, though. So that's what gives us the opportunity in life and investing.”