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Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment: Fully Revised and Updated



Год выпуска: 2009
Автор: David F. Swensen
Издательство: Free Press
Страниц: 432
ISBN: 1-4165-4469-0
Описание
In the years since the now-classic "Pioneering Portfolio Management" was first published, the global investment landscape has changed dramatically - but the results of David Swensen's investment strategy for the Yale University endowment have remained as impressive as ever. Year after year, Yale's portfolio has trumped the marketplace by a wide margin, and, with over $20 billion added to the endowment under his twenty-three-year tenure, Swensen has contributed more to Yale's finances than anyone ever has to any university in the country. What may have seemed like one among many success stories in the era before the Internet bubble burst emerges now as a completely unprecedented institutional investment achievement. In this fully revised and updated edition, Swensen, author of the bestselling personal finance guide "Unconventional Success", describes the investment process that underpins Yale's endowment. He provides lucid and penetrating insight into the world of institutional...


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