Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:33. David Booth Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, November 23, 2009

2009 MOST INFLUENTIAL PEOPLE -- DISTRIBUTION
33. David Booth

Reported by InvestmentWires Staff, 

David Booth
Chairman and CEO, Dimensional Fund Advisors
David Booth, who for years has shied away from the spotlight, saw his profile rise last year when he donated $300 million of Dimensional Fund Advisors' stock to the University of Chicago Graduate School of Business, now renamed Booth School of Business.

"The very first course I took at the University of Chicago was taught by Eugene Fama and it was a life-changing event for me," said Booth, a 1972 MBA graduate, when the donation -- the largest in the university's history and the largest ever to a business school -- was announced last November.

Booth was a research assistant to Fama, founder of the efficient market hypothesis, which posits that investors in stocks should not be able to trump the market because there isn't a way for them to know something about a stock that isn't already factored into its stock price.

Booth went on to create the first institutional index funds at Wells Fargo with John McQuown in the early '70s. In 1981, Booth teamed with fellow University of Chicago MBA graduate Rex Sinquefield, now retired, to form Dimensional. That year, the firm unveiled the industry's first passively managed small cap fund. Santa Monica, California-based Dimensional, which continues to keep close ties to the academic community, had $127 billion under management as of end-June. 

See the list of all the 2009 Most Influential People



Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use