Before joining Hill Investment Group, I spent part of my career at Dimensional Fund Advisors (DFA)—a firm whose investment philosophy has helped shape our own. DFA, like Hill, was founded on a simple but powerful belief: markets work. That foundational idea continues to shape how I view the world and reinforces my deep confidence in evidence-based investing.

It’s easy to think of “the market” as a complex or distant system. But in reality, we all interact with markets more often than we realize. Whether you’re selling a used couch on Facebook Marketplace, comparing mortgage rates, or negotiating with a contractor, you’re participating in a market—exchanging value based on available information, competing options, and mutual agreement. This same principle drives how trillions of dollars are traded globally every day.

What makes markets remarkable is their ability to reflect the collective wisdom, emotion, and activity of millions of participants. In the short term, markets can be unpredictable, reacting to headlines, global conflicts, elections, or economic data. But over time, they’ve proven to reward long-term thinking, discipline, and optimism.

Of course, that doesn’t mean every moment in the market feels good. Volatility can be unnerving, especially when headlines are loud and uncertainty is high. But as our co-founder Matt Hall recently reminded us, “sometimes you need to duck.” In other words, short-term turbulence is a natural part of investing. It’s the price we pay for the opportunity to pursue long-term growth.

If you take a step back, the broader trend is compelling. As David Booth, co-founder of DFA, noted in a recent commentary, markets delivered strong returns in early 2024, even amid geopolitical tensions and economic uncertainty. That’s not magic. That’s markets doing what they do best: translating risk, effort, innovation, and information into forward motion. It’s a reflection of human ingenuity—entrepreneurs solving problems, companies adapting, and people continuing to build and invest in the future.

At Hill, we believe that investing is ultimately an act of faith in global progress. When you invest in a broadly diversified portfolio, you’re investing in the belief that economies will continue to grow, that people will continue to innovate, and that the world will continue to move forward—not just in the U.S., but around the globe.

Yes, markets do go down. Historically, downturns have occurred roughly every six or seven years. But staying invested—despite those temporary declines—has historically been a reliable way to participate in long-term growth. On the other hand, trying to time the market or avoid short-term dips can carry a different risk: missing out on the recoveries that often follow.

There’s also a hidden cost to stepping away from the market: the mental load. The stress of trying to guess when to get in or out, or constantly second-guessing your plan, can be draining. Many investors eventually come to see the value of having a trusted advisor, not just to manage investments, but to help them focus on what matters most in their lives.

If you’re reading this, you’ve likely already embraced that philosophy. You’ve chosen to Take the Long View with us. Our encouragement now is simple: lean into that mindset. Let the markets do their job, while you focus on yours—being present with your family, pursuing your passions, and building a life filled with meaning and intention.

That’s the real return—and the heart of why we Take the Long View.

Disclosures:
This content is for informational and educational purposes only and does not constitute personalized investment advice or a guarantee of future results. Hill Investment Group does not provide legal or tax advice. Please consult your legal or tax professional regarding your individual circumstances. References to third-party firms or individuals do not constitute endorsements or affiliations unless explicitly stated.

It feels like every conversation lately revolves around the latest discovery in AI and how it’s improving x,y, and z. But how does AI impact our industry as Financial Advisors?

David Booth, Chairperson of Dimensional Funds Advisors, recently wrote an opinion piece on AI and the market for the Financial Times. He states, “Can artificial intelligence help pick stocks? More specifically, can investors use AI to determine the fair price of a stock or a bond? I bet a lot of people right now would say yes, given recent advances that allow for the processing of ever greater amounts of information.

I think my AI is better than all the other ones out there. My AI is the market.”

Read his full take on AI here.

Dimensional Founder and Executive Chairman, David Booth, sat down with Money magazine to give his take on the trending Wall Street topics. It will come as no surprise to our followers that his answers point toward taking the long view.

Should investors give up on value stocks for good? Is the stock market about to burst? Is the crypto frenzy dangerous? Here’s Booth on all that and more.

Read the piece here.