Comments on: Book Review: Unconventional Success by David F. Swensen

By: How Many Asset Classes Do You Need To Be Diversified? - Amateur Asset Allocator

How Many Asset Classes Do You Need To Be Diversified? - Amateur Asset Allocator — Tue, 29 Sep 2009 11:02:22 +0000

[...] David Swensen devotes an entire chapter to these core asset classes in his highly-recommended book Unconventional Success. You should obviously only own asset classes that adequately compensate you for their risk [...]

By: In A Crisis, Correlation Goes To One - Amateur Asset Allocator

In A Crisis, Correlation Goes To One - Amateur Asset Allocator — Wed, 29 Jul 2009 11:05:47 +0000

[...] one followed by David Swensen, manager of the Yale endowment and author of the groundbreaking book Unconventional Success)? Nothing, it turns out, as Harvard’s long-term record clearly demonstrates. So why all [...]

By: Four Important Metrics To Compare Index Funds - Amateur Asset Allocator

Four Important Metrics To Compare Index Funds - Amateur Asset Allocator — Tue, 30 Jun 2009 11:03:01 +0000

[...] There also exist indices constructed in such a way they cost investors money, such as the Russell 2000 index. The structure of the Russell 2000, for example, encourages large institutional investors to buy and sell at known intervals to take advantage of arbitrage opportunities when securities being added or subtracted from the index, leading investors in Russell 2000 funds to owe larger tax obligations than they otherwise would. David F. Swensen gives a detailed account of this particular phenomenon in his book Unconventional Success: A Fundamental Approach To Personal Investment. [...]

By: The Permanent Portfolio (PRPFX): An Interesting Alternative | Amateur Asset Allocator

Fri, 20 Jun 2008 11:05:51 +0000

[...] mutual fund that bears more resemblance to a modern university endowment (such as the famous Yale endownment) than a traditional retail mutual fund. What’s so unusual about it? For starters, the [...]