David Booth

David Booth co-founded Dimensional Fund Advisors with Rex Sinquefield in 1981 after studying under Eugene Fama at the University of Chicago. DFA grew to manage over $600 billion in assets by systematically capturing documented risk premia from academic research. In 2008, Booth donated $300 million to the University of Chicago Graduate School of Business, which was subsequently renamed the Booth School of Business. He has been executive chairman of DFA since its founding and has been central to the firm's philosophy of letting academic evidence drive investment decisions. DFA's business model — bridging rigorous academic finance and practical institutional investing — has attracted a loyal client base among institutional endowments, pension funds, and fee-only financial advisers who value its low-cost, evidence-based approach over discretionary active management.