dealbreaker.com - 12/3/2008
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Remember when everyone wanted to be able to invest "like Harvard" does? (Of course this really just translated to a massive move into equities and increasing reliance on hedge funds and managers). In retrospect, you could easily called the top for endowment investing by noticing the sudden ...
nytimes.com - 12/3/2008
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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
google.com - 12/3/2008
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google.com —
Harvard University says its endowment has tumbled $8
billion in the four months since the end of...
the last fiscal year. The estimated 22 percent decline is the school's sharpest endowment drop in modern history. The endowment was valued at $36.9 ...
(more)
The Associated Press: Harvard's endowment takes $8 ...
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Wednesday links: scaling back
Abnormal Returns —
... A longer term look at the Arms Index. (VIX and More)
Taking tax losses can force you to look at your portfolio with fresh eyes. (WSJ.com)
Securities lending is the “lifeblood” of the hedge fund industry. (All About Alpha)
Harvard’s endowment takes a hit. (WSJ.com also Dealbreaker, Clusterstock)
Times are tough. Google ...
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