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Reply to "Harvard endowment - pitiful returns compared to peers"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Isn't the endowment so large that pure growth isn't the measuring stick as much as avoiding pitfalls.[/quote] It’s like having a 14 inch ****. [/quote] Having returns comparable with its peers is also an objective. Harvard wants to make sure it remains the richest school by a mile. Pretty sure part of the objective is to keep Stanford and Yale from breathing down its neck. Also regarding avoiding pitfalls, they have done anything but that. They have taken huge risks that have not paid off. [/quote]
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