Guided by a board of financial academics and a mission to advance the science of investing, Dimensional Fund Advisors might seem like a surprising source for an article promoting the Tao principle of “wei wu-wei,” or a way to “do without doing.”
But it’s not so surprising, once you appreciate how challenging it can be to Take the Long View® approach to patient, persistent investing – instead of continuously indulging in hyperactive bursts of trading activity.
Vice President Jim Parker of DFA Australia explains the difference in his recent article, “The Tao of Wealth Management.”
At Hill Investment Group, we share Dimensional’s perspective, advising our clients on how to build and preserve personal wealth through a “less is more” approach to their investing. Instead of spinning our wheels chasing today’s crisis or predicting tomorrow’s hot trend, we dedicate our energy to substantively improving our clients’ personal and financial well-being.
In short, while it may seem as if our course is a quiet one, we work hard every day to help our clients achieve wei wu-wei.