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Then again, Harvard has a 53 billion dollar endowment so it probably wouldn't be necessary.
by peapicker 1y ago
Then again, Harvard has a 53 billion dollar endowment so it probably wouldn't be necessary.
- isubkhankulov 1y agoA good chunk of that is illiquid because it is capital invested in funds that may or may not be priced/valued accurately. And Harvard has $7-8B in outstanding debt. If there’s a severe recession or crisis, it’s not clear that Harvard will sail smoothly through it without some turbulence. Though i’m not implying they would sell some these priceless assets.