David Booth, founder of Dimensional Fund Advisors, joins Kent Kramer and Gretchen Muller to talk about his New York Times bestselling book, Stay Calm.
David makes the case for “science-based hope,” an optimism grounded in decades of financial research. He traces how evidence-based investing grew out of the University of Chicago in the 1960s, then gets into why markets work, why professional managers struggle to beat them, the difference between predicting and planning, and why he’s still optimistic about the future despite the noise.