Praise for The Endowment Model of Investing "This is a terrific book?required reading for any CIO responsible for the management of long–term investment portfolios." ?Lyn Hutton, Chief Investment Officer, Commonfund "In my judgment?a must–read for every chief investment officer or strategist." ?Allan S. Bufferd, Treasurer Emeritus, MIT "Shed(s) . . . light on . . . [endowment] portfolios during the financial crisis, and why their pain was predictable,inevitable, and . . . necessary for long–term success." ?Andrew K. Golden, President, Princeton University Investment Company "This is a must–read for every institutional investor concerned with portfolio risk management. Full of important insights and robust analyses." ?Ian Kennedy, former global director of research, Cambridge Associates "An elegant, rigorous, and articulate examination of . . . the endowment model . . . and why skillful implementation is always crucial." ?Charles D. Ellis,...

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