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Because they are basically becoming hedge funds with an university attached. 'I was going to donate money to Yale. But maybe it makes more sense to mail a chec
by baccredited 9y ago
Because they are basically becoming hedge funds with an university attached.
'I was going to donate money to Yale. But maybe it makes more sense to mail a check directly to the hedge fund of my choice' - Malcolm Gladwell tweet
https://www.thenation.com/article/universities-are-becoming-billion-dollar-hedge-funds-with-schools-attached/ https://www.thenation.com/article/universities-are-becoming-...
- chesimov 9y agoDo the admin and faculty staff see a share of the returns in their salaries, or are there outside investors? Or is it more about ensuring a long-term and improving ability to pay for top researchers and fund cutting edge research, raising the university's profile?
- QML 9y agoI think this statement only holds for private universities -- public ones are struggling financially. https://www.theatlantic.com/business/archive/2017/10/midwestern-public-research-universities-funding/542889/ https://www.theatlantic.com/business/archive/2017/10/midwest...
- baccredited 9y agoUVA - $5 Billion http://endowments.com/university-of-virginia/ http://endowments.com/university-of-virginia/