"I should mention that I am a member of the board of directors of Dimensional Fund Advisors."
"... Any pension fund manager who doesn't have the vast majority-and I mean 70% or 80% of his or her portfolio-in passive investments is guilty of malfeasance, nonfeasance or some other kind of bad feasance!"
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Source: Investment Gurus: A Road Map to Wealth from the World's Best Money Managers by Peter J. Tanous, (p. 269), 1999.
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