What Yale's Swensen Taught Volent About Investing

The transcript discusses the speaker's experiences working with renowned investors David Swenson and Stan Druckenmiller. Swenson, known for his long-term investment strategies, significantly impacted Yale's endowment. The speaker also learned from Druckenmiller, a short-term macro trader. These experiences contributed to the speaker's success in managing Bowden's endowment, outperforming other Ivy League universities, including Yale. Swenson's mentorship and competitive spirit are highlighted, along with his pride in the speaker's achievements.

What was David Swenson known for in his role at Yale?

• Writing investment books

• Teaching economics at Yale

• Producing significant returns for Yale's endowment

• Managing a small hedge fund

How did David Swenson encourage his team to learn?

• By encouraging them to ask questions and understand acronyms

• By providing them with investment books

• By giving them short-term trading tasks

• By organizing weekly seminars

What was Stan Druckenmiller's investment style?

• Conservative and risk-averse

• Short-term and macro-focused

• Focused on real estate

• Long-term and cautious

What achievement did the speaker accomplish at Bowden?

• Starting a new investment fund

• Winning an award for teaching

• Outperforming all Ivy League universities in investment returns

• Publishing a book on investment strategies

How did David Swenson react to the speaker's success?

• He was indifferent

• He was unaware of it

• He was competitive but proud

• He was disappointed