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Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises.
David F. Swensen
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A woman who looks like a girl and thinks like a man is the best sort, the most enjoyable to be with and the most pleasurable to have and to hold.
Julie Burchill
David F. Swensen
Born:
January 26, 1954
Died:
May 5, 2021
(aged 67)
Bio:
David F. Swensen was an American investor, endowment fund manager, and philanthropist. He was the chief investment officer at Yale University from 1985 until his death in May 2021.
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