Yale made wise stock market transactions in the first quarter

In June 2018, the Yale University Investment Committee reduced the national target allocation from 3% to 4% in the school staffing. He noted that the average of the peers was 20.4%, but that Yale was playing a modest and agile game.

Yale recognizes that the "US stock market is very effective," but chooses to use stock selectors rather than index funds. The strategy seems to work.

Yale & # 39; s …