What are the risks and benefits of the Yale Endowment Model?

Is it a suitable portfolio management strategy for all universities? Why or why not?

UWA student asking the question? Lol

It's a great model for not just universities, but individuals as well, to follow. It's an approach the creates much truer portfolio diversification than what is conventionally-preached (which is essentially gambling). I can recommend this book by Matthew Tuttle: Amazon.com: How Harvard and Yale Beat the Market: What Individual Investors Can Learn from University Endowments to Help Them Prosper in an Uncertain Market (9780470401767): Matthew Tuttle: Books
I also discuss true portfolio diversification throughout my book Jackass investing: Don't do it. Profit from it. which you can learn more about at: www.JackassInvesting.com.