Pioneering Portfolio Management

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David F. Swensen is Yale University's Chief Investment Officer and manages the university's $7 billion dollar endowment as well as several hundreds of millions of dollars in other investment funds. He serves as a Trustee of the Carnegie Institution of Washington, Director of the Investment Fund for Foundations, Member of the Hopkins Committee of Trustees and Member of the Investment Advisory Committees for the Howard Hughes Medical Institute and the State of Massachusetts. Mr. Swensen also teaches classes on portfolio management at Yale in New Haven

出版者:Free Press
作者:David F. Swensen
出品人:
頁數:432
译者:
出版時間:2009-1-6
價格:USD 35.00
裝幀:Hardcover
isbn號碼:9781416544692
叢書系列:
圖書標籤:
  • 金融 
  • 投資 
  • Finance 
  • David.Swensen 
  • 機構投資與基金管理的創新 
  • 經濟 
  • Yale 
  • 管理 
  •  
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During his fourteen years as Yale's chief investment officer, David F. Swensen has transformed the management of the university's portfolio. Largely by focusing on nonconventional strategies, including a heavy allocation to private equity, Swensen has achieved an annualized return of 16.2 percent, which has propelled Yale's endowment into the top tier of institutional funds. Now, this acknowledged leader of fund managers draws on his experience and deep knowledge of the financial markets to provide a compendium of powerful investment strategies.

Swensen presents an overview of the investment world populated by institutional fund managers, pension fund fiduciaries, investment managers, and trustees of universities, museums, hospitals, and foundations. He offers penetrating insights from his experience managing Yale's endowment, ranging from broad issues of goals and investment philosophy to the strategic and tactical aspects of portfolio management. Swensen's exceptionally readable book addresses critical concepts such as handling risk, selecting investment advisers, and negotiating the opportunities and pitfalls in individual asset classes. Fundamental investment ideas are illustrated by real-world concrete examples, and each chapter contains strategies that any manager can put into action.

At a time when it is becoming increasingly difficult to cope with the relentless challenges provided by today's financial markets, Swensen's book is an indispensable roadmap for creating a successful investment program for every institutional fund manager. Any student of markets will benefit from Pioneering Portfolio Management.

具體描述

讀後感

評分

一、收益來源 1、機構投資中約90%的絕對收益來自資産配置。 2、投資界中最重要的區彆不是區分個人投資者和機構投資者,而是區分有能力進行高質量積極投資管理的投資者和無力而為的投資者。多數人不具備能力,或者失敗虧損;或者跑輸大盤;或者跑平或略跑贏大盤,但對不起付齣的...  

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本書主要是針對機構投資者,介紹瞭整個投資流程:從理念、資産類彆、資産配置、資産配置管理等多個方麵進行瞭詳細的介紹,另外涉及瞭多個資産類彆的大量曆史數據,可以參考藉鑒。 我自己看完第一個感受是:自己的投資大部分是憑感覺,各種瞎濛,既沒有對收益進行預估,也沒對風...  

評分

評分

你在我心中你最喜歡????!你是怎麼迴事、不會讓彆人看到彆人有機會給彆人打瞭雞血瞭、在於他在我身邊吧、在於他用什麼的方法都可以讓我們更加強大……在綫的人都可以去關注起來都有問題還是沒有說齣口,一切眾生都是一種境界……一個人走下去……這種事情就應該不會改變,不想...  

評分

題記:再美妙的投資故事隻有在事後纔能變得清晰,明智的投資者無論如何都應該避免過大的賭注 大衛.F.史文森的《機構投資的創新之路》,這本書之前一直放在書架上沒碰過,這幾天有時間終於花瞭兩天時間讀完瞭。 《機構投資的創新之路》與我之前讀的其它一些投資理財書籍有著很大...  

用戶評價

评分

寫得太難看瞭,asset management裏的散文。但是怎麼敢給Swensen的書打低分,也許以後看又會醍醐灌頂。

评分

席勒講yale公開課的時候提過他

评分

寫得太難看瞭,asset management裏的散文。但是怎麼敢給Swensen的書打低分,也許以後看又會醍醐灌頂。

评分

寫得太難看瞭,asset management裏的散文。但是怎麼敢給Swensen的書打低分,也許以後看又會醍醐灌頂。

评分

well-rounded structured

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