3 ms·
Meanwhile all that money was managed by some hedge fund and was making 30% returns (this was '08, right before the Great Recession) If the charity was making 3
by downandout 8y ago
Meanwhile all that money was managed by some hedge fund and was making 30% returns (this was '08, right before the Great Recession)
If the charity was making 30% returns, how is that a bad thing? Those gains don't flow back to the donor.
- elchief 8y agoI wouldn't say it's a bad thing. Just contrasting it to the 5% outflow
- throwaway76543 8y agoYour objection is that he earned a 30% return and only donated 5%?