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Another endowment fund

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December 05, 2008 – Comments (3)

Looks like Harvard's endowment fund has lost $8 billion...

Looks like another way young people are going to be hard hit...

3 Comments – Post Your Own

#1) On December 05, 2008 at 10:04 AM, Theige (98.09) wrote:

Article makes no sense.

States Harvad fired the fund managers who were beating the indexes, and are stupid for doing so.

When being down 22% over the last 4 months means they've outperformed the S&P by, a hefty 13%.

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#2) On December 05, 2008 at 10:57 AM, kaskoosek (61.80) wrote:

Theige

 

They have lots of other non stock assets — they are not just running equities.

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#3) On December 05, 2008 at 4:47 PM, DemonDoug (83.12) wrote:

IIRC Harvard's endowment invests mostly in bonds?

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