David Swensen on WealthTrack: substantial risk of inflation
Posted May 24, 2009on:
In an interview on WealthTrack, David Swensen said:
TIPS (Treasurey inflation-protected securities) should be in everyone’s portfolio … We got this massive fiscal and monetary stimulus, it is hard to see how that does not translate in to substantial inflation … down the road.
Much of the 22 minute interview is about Swensen’s (well-known) investment philosophy, his outlook about inflation appears in the last two minutes.