How Yale became one of the best investment funds in the world
Among elite investors, few can match David Swensen, former head of the Yale Endowment, for Swensen's innovative approach to investing and asset allocation that revolutionized the way endowments are invested, an approach known as the the "Yale Model". Over the course of three decades, Swensen has increased Yale's endowment from USD 1.3 billion to more than USD 42 billion, with an average annual return of more than 12%. Today we will delve into the Yale Model to see what we can learn from them as we manage our own portfolios.
