June 18, 2021
Business News

Yale’s David Swensen Leaves Behind A Powerful Legacy In Investing – NPR

David Swensen speaks in 2012 at an event honoring Jack Bogle, who created the first index fund. Like Bogle, Swensen was a champion of the every-day investor who he thought should invest in low-fee index funds and steer clear of actively managed mutual funds with higher fees.
Bloomberg/Bloomberg via Getty Images
A pioneering investor who ran Yale University’s endowment, David Swensen, died this week at the age of 67 after a years-long battle with cancer. Swensen revolutionized the way many colleges…

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