Pursuing a Successful Investment Experience

STEP 1: EMBRACE MARKET PRICING

Markets integrate the combined knowledge of millions of participants every day. Trading aggregates this vast amount of information and drives it into securities prices.

In USD. Source: Dimensional, using data from Bloomberg LP. Includes primary and secondary exchange trading volume globally for equities. ETFs and funds are excluded. Daily averages were computed by calculating the trading volume of each stock daily as the closing price multiplied by shares traded that day. All such trading volume is summed up and divided by 252 as an approximate number of annual trading days.