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Harvard: Not So Smart After All
We interrupt the GM hearings for this brief moment of schadenfreude : Harvard’s endowment has now blown through over $8 Billion, or 22% in the last four months. Correct me if I am wrong, but wasn’t Harvard’s endowment outperforming the broad indices for a long time? And ...
Harvard’s Endowment Takes an $8 Billion Hit
nytimes.com — The university’s endowment, the largest in the nation, has lost about 22 percent of its value as... its U.S. and foreign stock portfolios have taken hits, school officials said. > (more) Harvard’s Endowment Takes an $8 Billion Hit
Triple A Harvard Bonds
aleablog.com — Expected to price at a yield spread of 337.5 basis points over Treasuries Email This... (more) Triple A Harvard Bonds
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Friday links: risky Treasuries
Abnormal Returns — ... Harvard learned that outsourcing investment management sometimes doesn’t work.  (Big Picture also ...

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