Table of Contents

* Procrustes Rules* Fiduciary Responsibilities* Ethics* Essentials of Governance* The Investment Policy Statement* Governance Structures* Outsourcing Investment Decision Making* How Gatekeepers Harm Information Flow* Academic Views of Investing* Investment Basics* The Role of Risk* The Role of Money Managers* Manager Search* The Right Way to View Asset Allocation* What Diversification Really Means* Asset Allocation: The Process* Portfolio Evaluation* When You Don't Know What to Do* The Nature of Fees* Investment Myths* Useful Statistics

About the Author

Michael Bunn has over 30 years of investment experience in the financial services industry. As President and CIO of The Endowment Office in Denver Colorado, he provides a contract investment office and staff for foundations and hospitals and has delivered returns for them that put them into the top percentile of their peers. He has worked with public pension funds, Indian tribes, hospitals, unions, universities and foundations in a career that included leading Arthur Anderson's investment office outsourcing practice in Houston. He established and taught at the Institute for Pension Funds at both Baylor University and George Washington University. Currently The Endowment Office manages about $1 billion in assets.