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Why David Swensen Is Wrong

Perspectives Content Submission

Tue, 1 Nov 2011

David Swensen has a bone to pick with investors who use mutual funds. In a scathing editorial in the New York Times ( The Mutual Fund Merry-Go-Round – August 13, 2011), the highly regarded manager of the Yale University endowment and creator of the “Yale Model” of investing took the “mutual fund in…

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