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College and University Discussion
Reply to "NY Times editorial: "Universities Like Yale Need a Reckoning""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Emory has already started moving its endowment into Bitcoin. These people are not dumb. They plan decades into the future. [/quote] harvest invested big in timberland and it was a debacle. I think Yale's endowment grew 4% last year - far below a low fee index fund. [/quote] Not for the returns, Dumbo. For the portability! So they can teleport their money into a time and space where it can't be taxed or confiscated. And please if you want to have this conversation go and learn up on the ABCs of Bitcoin beforehand.[/quote] timberland is tax protected. and I dont think colleges are worried about things being confiscated. [/quote]
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