What is DFA's business strategy? What do you think of the firm? Are the DFA people really
Question:
What is DFA's business strategy? What do you think of the firm? Are the DFA people really believers in efficient markets?
Do the Fama-French findings make sense? Should we expect small stocks to outperform large stocks in the future? Value stocks to outperform growth stocks?
Why has DFA's small stock fund performed so well?
What are DFA's products? How do DFA's new tax-managed strategies work? Is DFA's tax-managed fund family likely to be successful, or remain just a small niche market? What is the expected gain from DFA's tax management strategy, and what is the increase in volatility that results from it? Do the numbers in case Exhibit 12 make an overwhelming argument for the benefit of tax management?
Financial Accounting and Reporting a Global Perspective
ISBN: 978-1408076866
4th edition
Authors: Michel Lebas, Herve Stolowy, Yuan Ding