An Important Lesson for All Investors: Keep It Simple

Simple portfolios consistently outperform top endowments.
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How Can Trustees Be Prudently Passive?

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.
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How to Do Better When Investing for Trusts and UHNW Individuals?

Resist the temptation to invest like endowments, and keep it simple.
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Rock Science

The best ideas often from keep-it-simple “rock science”, not rocket science. 
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Don’t Be A Sheep

Many otherwise rational adults act like herd animals when it comes to investing.
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What Would Yale Do If It Was Taxable?

Invest in index funds.
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