David F. Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total $19.4 billion. Realizing an average annual return of 11.8 percent on his investments over the ten years to 2009, Swensen's consistent track record has attracted the notice of Wall Street portfolio managers. Currently, he lives in New Haven, Connecticut with his children Tory, Alex, and Tim.
He is chiefly notable for having invented what has become known as "The Yale Model" which is an application of Modern Portfolio Theory.
Read more about David F. Swensen: Biography, The Yale (or Endowment) Model, Criticism of The Endowment Model, Swensen Alumni, Unconventional Success, Other Contributions, Bibliography
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“Measure your health by your sympathy with morning and spring. If there is no response in you to the awakening of nature—if the prospect of an early morning walk does not banish sleep, if the warble of the first bluebird does not thrill you—know that the morning and spring of your life are past. Thus may you feel your pulse.”
—Henry David Thoreau (1817–1862)