About the book
As Yale's chief investment officer, David F. Swensen built the university's endowment around unconventional assets such as venture capital and private equity, and here he sets out the process behind that record. His coverage ranges from goals and investment philosophy to the strategy and tactics of running a portfolio: asset allocation, managing risk, choosing advisers and the traps hidden in each asset class. Real cases, many from his own work, illustrate the points, and he argues that conventional investing tends to buy high and sell low. First published in 2000, it later appeared in a fully revised edition for fund managers and students of markets.
Marc Andreessen called it excellent and pointed readers to it for a detailed account of Swensen's investment approach, which he described as a fascinating strategy.
We hope you love the books people recommend! Just so you know, The CEO Library may collect a share of sales or other compensation from the links on this page.
This book has 1 recommendation
Marc Andreessen (Co-Founder/Andreessen Horowitz)
To read about this new strategy—and it is a fascinating strategy—pick up a copy of David Swensen’s excellent book Pioneering Portfolio Management, which describes his approach in detail.
Get this book on Amazon