Chasing Chances

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1 “The House Edge and Its Effect,” GamblingSites.com, updated April 2023, www.gamblingsites.org/casino/beginners-guide/house-edge/
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13: Past performance is not a guarantee of future results. Indices are not available for direct investment. Their performance does not reflect the expenses associated with the management of an actual portfolio. In U.S. dollars. S&P data ©2022 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved. Data presented is hypothetical and assumes reinvestment of income and no transaction costs or taxes.
14: Percent of world market capitalization as of December 31, 2021. Information provided by Dimensional Fund Advisors LP. Market cap data is free-float adjusted and meets minimum liquidity and listing requirements. Dimensional makes case-by-case determinations about the suitability of investing in each emerging market, making considerations that include local market accessibility, government stability, and property rights before making investments. China A-shares that are available for foreign investors through the Hong Kong Stock Connect program are included in China. 30 percent foreign ownership limit and 25 percent inclusion factor are applied to China A-shares. For educational purposes; should not be used as investment advice. Data provided by Bloomberg. Diversification neither assures a profit nor guarantees against loss in a declining market.
15: “Dimensional vs. the Industry” as of December 31, 2022. Performance data shown represents past performance and is no guarantee of future results. The sample includes funds at the beginning of each respective period. Survivors are funds that had returns for every month in the sample period. Outperformers (winner funds) are funds that survived the sample period and whose cumulative net return over the period exceeded that of their respective benchmark. Each fund is evaluated relative to its respective primary prospectus benchmark. Where the full series of primary prospectus benchmark returns is unavailable, funds are instead evaluated relative to their Morningstar category index. Dimensional fund data provided by the fund accountant. Dimensional funds or sub-advised funds whose access is or previously was limited to certain investors are excluded. US-domiciled, USD-denominated open-end and exchange-traded fund data is provided by Morningstar. Mutual fund investment values will fluctuate, and shares, when redeemed, may be worth more or less than original cost. Diversification neither assures a profit nor guarantees against a loss in a declining market. There is no guarantee investment strategies will be successful. Past performance is no guarantee of future results. ETFs trade like stocks, fluctuate in market value, and may trade either at a premium or a discount to their net asset value. ETF shares trade at market price and are not individually redeemable with the issuing fund, other than in large share amounts called creation units. ETFs are subject to risks similar to those of stocks, including those regarding short-selling and margin account maintenance. Brokerage commissions and expenses will reduce returns.
16: Aditya Rayaprolu, “How Much Data Is Created Every Day in 2023?” Techjury, updated February 27, 2023, techjury.net/blog/how-much-data-is-created-every-day/#gref.
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20: Hans Rosling, Factfulness: Ten Reasons We’re Wrong About the World—and Why Things Are Better Than You Think (New York: Flatiron Books, 2018), 69.