Billionaire’s investment tips for New Zealanders

US billionaire David Booth is down under, and he has some investment advice for New Zealanders.  Booth is co-founder and chairman of Dimensional Fund Advisors, which manages almost US$400 billion (NZ$600b) of assets.

Here's his advice: "You ought to be well diversified, invest in low-cost strategies, and you don't take more risk than you can tolerate."

US billionaire David Booth is down under, and he has some investment advice for New Zealanders.  Booth is co-founder and chairman of Dimensional Fund Advisors, which manages almost US$400 billion (NZ$600b) of assets.

Here’s his advice: “You ought to be well diversified, invest in low-cost strategies, and you don’t take more risk than you can tolerate.”

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