PRINCO entered the 2020 crisis with a significant bet against US stocks
Andy Golden · Andrew Golden – Navigating Princeton's Endowment Through (Another) Crisis (Capital Allocators, EP.133) · Apr 23, 2020 · at 13:16
Andy Golden, President of the Princeton University Investment Company (PRINCO), discusses how the endowment tactically adjusted its liquidity and market exposures heading into the COVID-19 market downturn.
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“We had also not done that evenly and had a fairly significant bet against the US stock market. Which was helpful in March.”
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