Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
They didn't lose 4 billion this past year. Previous posters were comparing a prior year total that included all assets under management to a 2023 report that included only endowment (a number smaller than all assets under management) and surmised that Notre Dame had lost $4 billion. The 2022 to 2023 return, which you can see if you click through the article, was only -0.7%.
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
Looks like they lost 4 billion over two years.
Anonymous wrote:Anonymous wrote:
This again?!?!
It is interesting how all of the Notre Dame threads always read the same:
-
1) the ND alum or parent can’t win the argument on quality of education or weather or locale.
2) they are embarrassed by the poor diversity numbers
3) so they illogically revert to the endowment argument (which no alum of any other school need do) even though the endowment has nothing to do with undergrad selection or prestige
Anonymous wrote:Endowment per student is a more valuable metric. And what undergrads get from a big endowment is different at, say, Grinnell vs Harvard vs UT.
Anonymous wrote:
This again?!?!
Anonymous wrote:Seriously who cares... go rank your own life
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
They didn't lose 4 billion this past year. Previous posters were comparing a prior year total that included all assets under management to a 2023 report that included only endowment (a number smaller than all assets under management) and surmised that Notre Dame had lost $4 billion. The 2022 to 2023 return, which you can see if you click through the article, was only -0.7%.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
He was already retired, idiot.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.
Perhaps he retired because ND lost 4 billion of its endowment? Ever consider that?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Notre Dane must have lost a substantial amount of their endowment. I seem to recall they were close to 20 billion a while ago.
Virtually every school lost money a year ago. You have selective memory.
But Notre Dame lost over 4 billion dollars, a 7.44% loss. That was eclipsed only by MIT. So not selective memory (and I’m a different pp just tired of all of the ND boosters who cite to ridiculous things like endowment but then hide their head in the sand when anyone points out ND’s terrible diversity figures
In the article cited, which used NACUBO data, Notre Dame was only down .7%
https://www.insidehighered.com/news/business/financial-health/2024/02/15/college-endowment-returns-ticked-fiscal-year-2023
University of Notre Dame
$16,616,524
$16,729,299
-0.7%
Found the article from June 2021:
https://www.ndsmcobserver.com/article/2022/01/university-endowment-returns-net-53-2-reaching-20-3-billion-in-june-2021
20.3 billion in June of 2021
Yep and now ‘$16b. That’s a 4 billion dollar loss. Huge for only a 16b endowment
You’re ignoring the fact that the year before Notre Dame had one of the HIGHEST gains of any major universities at 54 PERCENT, which is why the 7 percent loss a year later was a blip on the radar screen. Even with the loss it still remains 7th among all private universities. It’s also 7th among private universities in endowment per student, behind only Princeton, Yale, Stanford, MIT, Harvard and Cal Tech - and it doesn’t even have a medical school.
What those numbers mean is that Notre Dame is placing big bets on certain types of investments. That’s probably OK and might maximize results in the long run, but the trustees need to talk to tough-minded analysts and make sure they understand the risks they’re taking.
The schools with the most stable results need to talk to their analysts to make sure they’re taking enough risk and gettya reasonable return on their assets.
You’re talking out your ass and know nothing.
Google “Scott Malpass.” He’s the recently retired Chief Investment Officer for Notre Dame. He was universally recognized as a titan of managers of university endowments and was extremely well regarded and respected. Notre Dame is the envy of virtually all university endowments.