A minuscule 4 percent of funds produce market-beating after-tax results with a scant 0.6 percent (annual) margin of gain. The 96 percent of funds that fail to meet or beat the Vanguard 500 Index Fund lose by a wealth-destroying margin of 4.8 percent per annum. — David F. Swensen Copy Share Image
My first encounter with yoga was in 1969 with my older brother Doug. I was thirteen years old, and he was eighteen. He'd learned… — David F. Swensen Copy Share Image
My attitude about teaching has always been the same. From early on, I wanted to make yoga accessible so that anyone, regardless of ability,… — David F. Swensen Copy Share Image
I think regular Iowans are cynical of this whole idea of corporate welfare, with the biggest awards going to the most profitable companies. It… — David F. Swensen Copy Share Image
I encourage students to check out different styles of yoga and different teachers even within one system. Seek the teacher that inspires you, and… — David F. Swensen Copy Share Image
Unless an investor has access to “incredibly high-qualified professionals,” they “should be 100 percent passive - that includes almost all individual investors and most… — David F. Swensen Copy Share Image
The real riches of yoga cannot be seen; they are felt and experienced from the inside out. — David F. Swensen Copy Share Image
I've always viewed high-frequency trading as a tax on the rest of us. — David F. Swensen Copy Share Image
Jack Bogle's passionate cry of Enough! contains a thought-provoking litany of life lessons regarding our individual roles in commerce and society. Employing a seamless… — David F. Swensen Copy Share Image
Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting… — David F. Swensen Copy Share Image
A yogi is one who leaves a place a little nicer than when they arrived. — David F. Swensen Copy Share Image
