Yale’s Swensen: sell government bonds, buy equities
Posted by: Michael Zhuang on: April 23, 2009
David Swensen told German newspaper Frankfurter Allgemeine Sonntagszeitung in an interview published on Sunday:
Now is a better time to buy equities than six months ago, one year ago or five years ago. One thing is certain: If I now had government bonds, I would consider selling them and invest the money in everything else.
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Tags: Treasury bonds
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Michael Zhuang is principal of MZ Capital, a fee-only independent advisory firm applying David Swensen's insights for clients. He is also a regular contributor to Morningstar Advisor. To use his wealth management services, schedule a discovery meeting (phone call) with him.
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