The president of Princeton University Investment Company (PRINCO), which manages Princeton’s endowment, talks about investing in today’s world. Andy Golden shares how he selects partners, evaluates investments, and creates a winning environment. PRINCO recently earned nearly a 50% return in a single year. Andy also explores the differences in long term and short term investing and how a ten year time horizon is short term for endowments. PRINCO is one of the highest performing endowments in the world.