David Frederick Swensen (January 26, 1954 – May 5, 2021) was an American investor and the chief investment officer at Yale University from 1985 until his death. He transformed Yale's endowment from $1 billion to over $31 billion, achieving an average annual return of 13.7% over his tenure. Swensen pioneered the "Yale Model" of institutional investing, which emphasizes diversification across...
"The best investment opportunities often arise when others are fearful. Be willing to commit capital when others are fleeing. Contrarian investing requires courage and conviction."
The best opportunities arise when others are fearful; be contrarian during crises.
Read Full Analysis →"A clear investment philosophy provides an anchor in turbulent times. Know what you believe, why you believe it, and stick to it when tested."
A clear philosophy anchors you in turbulent times.
Read Full Analysis →"Focus on process, not outcomes. A good process can produce bad outcomes in the short run, but will generate superior results over time."
Good process outperforms lucky outcomes over time.
Read Full Analysis →David Swensen has 3 key principles on investment philosophy. The most important one is "Contrarian Approach" — The best investment opportunities often arise when others are fearful.
David Swensen applies investment philosophy through several key principles including "Contrarian Approach" and "Core Investment Philosophy". These principles guide practical investment decisions and have been tested across decades of market cycles.
David Swensen's approach to investment philosophy is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, David Swensen provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
