Passive investing movement gets its Hollywood moment

From CNBC: 2025-03-07 11:51:34

Academy Award-winning documentarian Errol Morris’ new film “Tune Out The Noise” explores the rise of academic finance in the 20th century, leading to passive investing and the creation of Dimensional Fund Advisors with $700 billion in assets. Interviews with financial heavyweights offer insights into market workings and the shift to low-cost strategies.

Dimensional chairman David Booth and other financial academia luminaries discuss how their work revolutionized the investment world, moving away from traditional stock picking to passive strategies. The documentary sheds light on the impact of their research and insights on the financial industry, benefiting investors with lower costs and better deals.

The film, featuring interviews with key figures like Myron Scholes and Eugene Fama, highlights the academic contributions that reshaped the financial industry. Dimensional Fund Advisors’ success and the broader shift towards low-cost strategies, influenced by the academic work showcased in the documentary, have transformed the investment landscape and benefited investors.

Errol Morris’ latest documentary “Tune Out The Noise” delves into the academic underpinnings that transformed the financial industry, showcasing the rise of passive investing and the impact of Dimensional Fund Advisors. Interviews with financial heavyweights and industry leaders offer insights into market dynamics and the shift towards low-cost investment strategies.

The film provides a comprehensive look at the academic research that reshaped the financial industry and led to the rise of passive investing. Dimensional Fund Advisors’ success, built on the principles of the academic heavyweights featured in the documentary, has influenced the broader investment landscape and benefited investors with lower costs and better deals.

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