Client Letter – Q1 2011

During the past quarter, U.S. stocks and real estate performed exceptionally well, followed by moderate returns internationally.  Short and intermediate bonds remained flat.  Isn’t it interesting that U.S. and international stocks performed so well, despite the havoc caused by the earthquake and tsunami in Japan?  The following chart shows the 1-year, 5-year, and 10-year performance of many DFA funds (representing […]

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