Less Wrong is a community blog devoted to refining the art of human rationality. Please visit our About page for more information.

ColbyDavis comments on A Guide to Rational Investing - Less Wrong Discussion

27 Post author: ColbyDavis 15 September 2014 02:36AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (44)

You are viewing a single comment's thread. Show more comments above.

Comment author: ColbyDavis 15 September 2014 03:44:15AM 8 points [-]

Part of my hope with this paper is that it would provide readers with the means of determining whether a financial professional is articulating a reasonable investment approach vs. the meaningless fluff that is typically touted if they are willing and able to engage an advisor. If you don't wish to use an advisor or don't have enough funds to make it worth one's time then going the Vanguard route is probably best.

DFA has a Find an Advisor feature which may be a good starting point for those looking for an advisor. Any advisor approved to use DFA funds will be familiar with the logic of efficient markets and factor premiums. Looking for a CFP or CFA designation is probably a good idea as well. Obviously I think I'm good and am happy to talk to people privately if they are interested.