A David Swensen lecture in Yale University
Posted February 3, 2009on:
David Swensen, Yale’s Chief Investment Officer and manager of the University’s endowment, discusses the tactics and tools that Yale and other endowments use to create long-term, positive investment returns. He emphasizes the importance of asset allocation and diversification and the limited effects of market timing and security selection.
Get my white paper: The Informed Investor: 5 Key Concepts for Financial Success.