WTT: The Real Yale Model

This book provides a comprehensive guide for actively managed investment portfolios, drawing from David F. Swensen's experience as Yale's Chief Investment Officer. It outlines an unconventional approach to institutional investment, focusing on non-traditional assets such as private equity and venture capital. Swensen offers insights into asset allocation, risk management, selecting investment advisers, and navigating market pitfalls. The book is filled with real-world examples and strategies that have contributed to Yale's endowment's remarkable annualized returns of 16. 2 percent.

Graham and Dodd's Security Analysis is a classic text in the field of finance, providing a comprehensive guide to fundamental analysis and value investing. The book emphasizes the importance of thorough research, careful valuation, and a long-term investment horizon. It presents a framework for evaluating securities based on intrinsic value, rather than relying solely on market sentiment. The book has been influential in shaping investment strategies for generations of investors, promoting a disciplined and analytical approach to stock selection. Its enduring relevance lies in its timeless principles of value investing, which remain applicable in today's dynamic markets.