David Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total over $22 billion. Realizing an annual return of more than 17.2% on his investments over the last ten years, Swensen has added more than $16 billion to Yale's coffers. Mr. Swensen also outperformed 99% of U.S.-based mutual funds.
Investing Philosophy:
He is chiefly noted for having invented what has become known as The Yale Model, a mechanism for Multi-Asset Class Investing. He purposely diversifies the portfolio across a broad range including typical stocks, bonds, real estate, timber, and private investments like venture capital and leverage plans.
Slow is fast for John Rogers, manager of the Ariel Fund. In a recent interview, he said that he is "extraordinarily comfortable" with the stock market at these levels. John's investment philosophy centers around buying small and medium-sized companies whose share prices are undervalued. He calculates what the private market value would be on such companies and buys those trading at a significant discounts to his figures. More...
Yale endowment manager David Swensen is good at picking good investors. He manages a part of the endowment portfolio, too. This is his Q3 portfolio update. Swensen buys Rackspace Hosting Inc, JPMorgan Chase & Co., sells Acadia Realty Trust, Arcsight Inc., Douglas Emmett Inc., Infinera Corp., Tivo Inc. during the 3-months ended 09/30/2009, according to the most recent filings of his investment company, Yale University. David Swensen owns 7 stocks with a total value of $5 million. These are the details of the buys and sells. More...
(GuruFocus, October 10, 2009) FT’s US managing editor Chrystia Freeland had a lunch with Investment Guru David Swensen and published a write-up in FT.com. It provides a glimpse of what occupies the mind of Swensen these days. More...
(GuruFocus, July 31, 2009) GuruFocus is pleased to announce the creation of a new page that shows ETFs held in our Gurus’ portfolios. On the page, we list the number of Gurus who own the ETF, number of the Gurus who bought and sold the ETF in the past quarter, and the combined weightings of the ETF in Gurus’ portfolio. More...
Yale University is buying debt to help its endowment recover after losing almost $6 billion in the last six months amid the global financial crisis. More...
Yale disclosed Tuesday that its endowment had fallen at least 13.4 percent in the four months since June as the decline in asset values during the financial crisis takes its toll on another university, The New York Times Geraldine Fabrikant reported. More...
David F. Swensen, is the Adjunct Professor of Finance and Chief Investment Officer at Yale University. When he joined Yale, the Endowment Fund stood at $1.3 billion in 1986. Today it has crossed $22.5 billion. David Swensen has helped grow the fund by 17.2% in the last 10 years. These are some of his stock buys and sells during the fourth quarter. More...
Yale University is a privileged institution. Many of its graduates go on to great power. George W. Bush was educated there, as were his predecessor Bill Clinton, his father George H.W. Bush, vice-president Dick Cheney and the man he beat in 2004, Senator John Kerry. More...
As Chief Investment Officer at Yale University since 1985. David Swensen has realized an annual return of more than 17.2 percent over the last ten years, outperforming 99% of U.S.-based mutual funds. Some interesting buys during the previous quarter: Google, Yahoo. These are the details. More...
Dr. David Swensen, Chief Investment Officer of Yale University, buys American International Group, Crosstex Energy Inc., Tyco International Ltd., SAVVIS Inc., Kyphon Inc., Electronic Clearing House Inc., Granite City Food & Brewery Lt, DOUGLAS EMMETT, sells Carters Inc., during the 3-months ended 12/31/2006. David Swensen owns 17 stocks with a total value of $563 million. These are the details of the buys and sells. More...
Yale University recently announced a 23 percent return on its investments, swelling its endowment to a whopping $18 billion. The man behind that investment success is David Swensen, one of the most gifted investors in the world. He's made an average 16 percent annual return over 21 years -- better than any portfolio manager at any other university. More...
Disclaimers: GuruFocus.com
is not operated by a broker, a dealer, or a registered investment adviser.
Under no circumstances does any information posted on GuruFocus.com represent
a recommendation to buy or sell a security. The information on this site,
and in its related newsletters, is not intended to be, nor does it constitute,
investment advice or recommendations. The gurus may buy and sell securities nm,qwerty1234567890-67890-uytrewpoiuytrewq a
before and after any particular article and report and information herein
is published, with respect to the securities discussed in any article
and report posted herein. In no event shall GuruFocus.com be liable to
any member, guest or third party for any damages of any kind arising out
of the use of any content or other material published or available on
GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com
or any content, including, without limitation, any investment losses,
lost profits, lost opportunity, special, incidental, indirect, consequential
or punitive damages. Past performance is a poor indicator of future performance.
The information on this site, and in its related newsletters, is not intended
to be, nor does it constitute, investment advice or recommendations. The
information on this site is in no way guaranteed for completeness, accuracy
or in any other way. The gurus listed in this website are not affiliated
with GuruFocus.com, LLC.
Daily updates provided by QuoteMedia, Inc. (CSI). Fundamental company data provided by Zacks, Inc.
Printer friendly format
