Guest Lecture by David Swensen Yale's Chief Investment Officer

In the week that Yale reported a 30% loss of their endowment, I thought it would be interesting to look at this guest lecture from David Swensen. It is unfortunate in a way that they lost so much, since his presentation and long run record had been very good. Indeed, Swensen has done very well over longer term windows:"The Yale endowment is led by David F. Swensen, who has advocated aggressive