Saturday, August 13, 2011

The Mutual Fund Merry-Go-Round

David F. Swensen, New York Times, August 13rd 2011

Yale University’s chief investment officer and author of “Unconventional Success: A Fundamental Approach to Personal Investment,” David Swensen, revels the truth behind mutual funds. Swensen successfully exposes the conflict of interest between hedge funds serving their clients and serving themselves. He also proposes two ways in which the Securities and Exchange Commission (S.E.C) can help to amend this unfortunate situation, as well as advice for investors on how to lower their costs and invest with mutual funds that eliminate their conflict of interest.

Read the Article

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