
David Swensen, Yale's in-house Warren Buffet, answers questions posed by Marc Gunther.
I will be posting a lot on this article by Marc Gunther. So far it is not on the web. So I will "Nuance" it from time to time and post the verbatims. Correction, here it is!
http://www.yalealumnimagazine.com/issues/2009_03/swensen.html
Note that Swensen does not say "bond funds."
The article was written by Marc Gunther '73, a contributing writer to Fortune magazine, who blogs at marcgunther.com