Big investors around the world have soured, FT columnist Gillian Tett reports, on what she calls the “Harvard or Yale investment model.” It’s really the Yale model, since it was Yale and its longtime endowment chief, David Swensen, who led the way. But I guess the Harvard name has more global cachet, so Tett included it. The FT’s headline writers took the next step, shortening it to the “Harvard model.” Life is so unfair!
Why the Yale Model of Investing Doesn’t Work for Everybody
Big investors around the world have soured, FT columnist Gillian Tett reports, on what she calls the “Harvard or Yale investment model.” It’s really the Yale model, since it was Yale and its longtime endowment chief, David Swensen, who led the way. But I guess the Harvard name has more global cachet, so Tett included […]
April 09, 2010
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Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Finance Essentials. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Strengthen your fluency in financial statements.