Yale Investment Committee

5 statements across 3 episodes · 3 bullish · 0 bearish · 2 people on the record · first statement May 22, 2017 by Charlie Ellis · across every show →

Everything said about Yale Investment Committee, oldest first

May 22, 2017 positive
Assertion Not checkable as stated
Ellis: David Swensen never raised policy changes outside annual reviews in 16 years
“Now, of course, David could later raise a question, but he never did in the 16 years that I was there. Never did.”
Charlie Ellis May 22, 2017 ▶ 56:48 Charley Ellis – Multiple Ways to Win (Capital Allocators, EP.08)
Apr 8, 2019 positive
Assertion Not checkable as stated
Seides: David Swensen built board consensus well before formal meetings
“One of the lesser known characteristics of David's success has been his ability to work with his board. This is the investment committee who's ultimately responsible for making the decisions. And what I saw in the way he worked with his board is that if there …”
Ted Seides Apr 8, 2019 ▶ 37:30 Ted Seides – Interviewing and Manager Meetings (Capital Allocators, EP.94)
May 31, 2021 neutral
Disclosure
Ellis: Yale investment prep required reading thick binders for 12 hours
“And for me, it was a guaranteed twelve-hour day, eight in the morning to late at night, trying to be sure that I was on top of all the different dimensions of analysis and thinking that had been put together in these books. And, you know, they were inch and a …”
Charlie Ellis May 31, 2021 ▶ 8:35 Charley Ellis – The Magic of David Swensen (Capital Allocators, EP.197)
May 31, 2021 positive
Assertion Not checkable as stated
Ellis: Swensen never lobbied or buttered up Yale investment committee members
“There was none of the apple polishing or brass polishing or let's be friends and let's develop a special rapport. Uh-uh. Not at all. It's all very, very disciplined process.”
Charlie Ellis May 31, 2021 ▶ 14:32 Charley Ellis – The Magic of David Swensen (Capital Allocators, EP.197)
May 31, 2021 neutral
Assertion Not checkable as stated
Ellis: Only one investment proposal was withdrawn at Yale across 17 years
“Once, gee, once in 1516, 17 years, an item was withdrawn for further consideration, and of course it never came back.”
Charlie Ellis May 31, 2021 ▶ 10:43 Charley Ellis – The Magic of David Swensen (Capital Allocators, EP.197)
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