The evolution of Yale University’s endowment fund has become something of legend, as described in a recent article in Chief Investment Officer. In the mid-80’s, as the story goes, the…
Tag: David Swensen
David Swensen: The Gatekeeper of Yale's Endowment Fund
At $25.4 billion, Yale University’s endowment fund is one of the largest in the country. Since 1985 (when it totaled $1 billion), it has been overseen by David Swensen, described…
Learning from Swensen's Success at Yale
Yale’s endowment fund has performed exceptionally well under David Swensen, returning an average of 10% per year since 2005, beating all major stock indexes and all but 2 of Morningstar’s…
Time to Ditch the Yale Model?
After a bad run of performance, is it time to scrap the alternative asset-heavy “Yale model” made popular by David Swensen? Yes and no, writes the Financial Times’ John Authers.…
Swensen on The Active/Passive Debate
Yale endowment guru David Swensen says investors should either be totally active or totally passive in managing their money. “There are two sensible approaches to investing — either 100 percent…
Swensen on the Dangers of Mutual Funds
Yale endowment manager David Swensen has produced exceptional long-term returns over the long haul. And in a recent op-ed for The New York Times, he takes aim at some of…
Swensen Sees Opportunities in Clean Tech
Yale endowment guru David Swensen is seeing a number of opportunities in “green” investments, writes TheEnergyCollective.com’s Marc Gunther. “Yale University’s influential $16.3 billion endowment has taken stakes in startup companies…
Market Timing an "Exercise in Futility", Swensen Says
In an interview with the Financial Times, Yale endowment chief David Swensen says that market timing is a futile exercise, and that investors should only invest in what they understand.…
Swensen on Why Individual Investors Will Always Be at a Disadvantage
WealthTrack has released some previously unaired parts of Consuelo Mack’s May interview with Yale Chief Investment Officer David Swensen. In the clip below, Swensen discusses a variety of topics, including…
Yale's Swensen on Asset Allocation -- and Why to Avoid Mutual Funds
On WealthTrack with Consuelo Mack, Yale endowment guru David Swensen discusses his thoughts on how individual investors should structure their portfolios, where the markets are headed, and why you should…