Don’t try anything fancy. Stick to a simple diversified portfolio, keep your costs down and rebalance periodically to keep your asset allocations in line with your long-term goals.

Swensen, by the way, is not some CNBC guru or Wall Street hotshot. He manages Yale University’s endowment.

In other news, a major West Coast enterprise led its peers by attracting an astounding $832 million in capital last year. Thats not revenue from its consumers. It’s not even investment money. That funding came from gifts.

That enterprise would be Stanford University, which”raised the most money among academic institutions for the third year in a row,” reported Bloomberg today.

No big messages here, just a gentle reminder that an organization need not turn a profit to be big business.

Post from: EveryJoe

Corporate America Should Be So Healthy