4 sec

09 - Guest Lecture by David Swensen Financial Markets - Audio

    • Business

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. Also, the extraordinary returns of hedge funds, one of the more recent phenomena of portfolio management, should be looked at closely, with an eye for survivorship and back-fill biases.

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. Also, the extraordinary returns of hedge funds, one of the more recent phenomena of portfolio management, should be looked at closely, with an eye for survivorship and back-fill biases.

4 sec

Top Podcasts In Business

In Good Company with Nicolai Tangen
Norges Bank Investment Management
Money Stuff: The Podcast
Bloomberg
Money Rehab with Nicole Lapin
Money News Network
Thoma Bravo's Behind the Deal
Thoma Bravo | Pod People
REAL AF with Andy Frisella
Andy Frisella #100to0
The Ramsey Show
Ramsey Network

More by Yale University

Inside the Yale Admissions Office
Inside the Yale Admissions Office
Psychology
Yale School of Medicine
The Civil War and Reconstruction Era, 1845-1877 - Audio
David Blight
Those Who Were There: Voices from the Holocaust
Fortunoff Video Archive for Holocaust Testimonies
Physics
Yale University
Ancient Greek History - Audio
Donald Kagan