3 ms·
Harvard endowment swells to nearly $57B, donations reach a record
- paulpauper 1y agoIt sounds like a lot until you realize the CAGR is slightly higher than the real risk free rate
- stockresearcher 1y agoIs CAGR an appropriate measurement for this kind of number? They're spending money out of the endowment and also paying taxes on it. I've only ever seen CAGR used in terms of "simple" numbers, like revenue.