There are few investors with a better long-term track record than David Swensen, the chief investment officer of Yale's endowment since 1985 (approximately 13.5% annualized). So when Swensen sits down to talk about how he achieved his long-term investment success and about how he views today's investment risks and opportunities, I listen with full attention.
We Answer Zweig's 19 Questions
The Wall Street Journal's Jason Zweig writes "The burden of finding someone who will act in your best interest is on you. That means asking an adviser the right questions (and listening for the best answers). I encourage you to clip or print out this column and bring it to your next meeting with your financial adviser."
We answer Zweig's 19 questions.
Implications of a 30x CAPE
2Q17 CIO Commentary
Meet the New Fiduciary Rule — Why You Still Can't Trust Your Financial Adviser
Meet the Department of Labor's new Fiduciary Rule. Although it goes live today, don't get too used to it. The DOL isn't really enforcing it yet and it will likely gut it before it begins doing so. Caveat emptor remains the name of the game for retail investors.





