Acceptance Quote by David F. Swensen
“Active management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom.”
About This Quote
Source Book: Unconventional Investing, David F. Swensen, 2013
Unconventional investment tactics clash with institutional norms, creating a paradox that few can resolve.
In simple terms: Unique strategies conflict with standard practices.
Embrace thoughtful risk in portfolio design.
Themes
Mood
Type
When to use this quote
- hedge funds
- private equity
- alternative assets
- risk assessment
- advisor meetings
Key Concepts
Questions to Reflect On
- Can you reconcile innovation with conventional wisdom?
- When is it appropriate to deviate from norms?
Such approaches may be viewed as imprudent by traditional advisors.