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David Swensen, Yale Endowment’s Pioneer Manager, Dies
- Bostonian 5y agoRIP. I recommend his book "Pioneering Portfolio Management" (2009) after one has read a more introductory book such as "Random Walk Down Wall Street" by Malkiel. One of Swensen's controversial ideas is that one should avoid corporate bonds as an asset class. He recommended Treasury bonds for one's bond allocation.