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Reply to "Harvard endowment - pitiful returns compared to peers"
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[quote=Anonymous]Bad management people in key positions and even more importantly bad structure of the HMC. This is changing with the new CIO who had an amazing track record at Columbia and has done a lot of restructuring so far at Harvard. If he succeeds and Harvard manages to pull in returns comparable to its peers then it will very rapidly pull away from the rest in terms of endowment size. It current endowment size is less and bound ahead of all other schools even with the past decade of underperformance. [/quote]
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