Harvard endowment - pitiful returns compared to peers
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
DP I find it somewhat strange that you can’t string a coherent sentence together and yet you feel compelled to share your thoughts on Harvard’s endowment. And I don’t believe the PP was proud of her English skills, she was merely pointing out that yours are somewhat lacking. |
Anonymous
This makes zero sense |
Anonymous
|
Their investment returns were not really that bad. I think it was 11% if I remember correctly. The reason it looks bad is because their new Investment head insisted on rewriting the fair market value assessments for some of their investments. This probably works well for him, because then he can show good returns in the future years, since 2016 was his first year at Harvard. If they had not done that, their investment return would have been respectable. The board turned down his request for even deeper corrections, else it would have looked even worse.
|