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Could you explain this more? At first glace, a large endowment should either free you from worrying about revenue or move your focus to managing an endowment wi
by dehrmann 1y ago
Could you explain this more? At first glace, a large endowment should either free you from worrying about revenue or move your focus to managing an endowment with a school as a side hustle.
- Jensson 1y ago> a large endowment should either free you A large endowment attracts greedy people who then want to make it larger, that is true regardless where you go.
- DrillShopper 1y agoA large endowment requires more management, so you bring in a finance department to manage it. With what metric are those employees going to be evaluated, given that there is always going to be someone who will want the stability of a government job? It's not going to be "just maintain, don't worry". It's going to be "who can get us the most ROI?".