Comments on: Endowment datapoint of the day http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: jonathan http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/comment-page-1/#comment-3488 Wed, 01 Jul 2009 15:28:28 +0000 http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/#comment-3488 Remember that endowment managers were paid based on valuations of what turned out to be even more illiquid assets than believed. The incentives were aligned to take a lot of risk and to devalue risks to the continuing current operation and capital improvement funding needs.

When the latest Yale kid called asking for money, I told him I was giving it to a local food bank. He tried to engage me about Yale’s needs and I suggested he ask David Swenson for the cash. The food bank needs the money. Yale only needs the money because they got in too deep.

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By: Don the libertarian Democrat http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/comment-page-1/#comment-3452 Tue, 30 Jun 2009 19:52:54 +0000 http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/#comment-3452 I thought, at first, that you’d decided to review the tv series “Hung”. I’m happy to find out that I was wrong.

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By: Jake http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/comment-page-1/#comment-3444 Tue, 30 Jun 2009 17:57:21 +0000 http://blogs.reuters.com/felix-salmon/2009/06/30/endowment-datapoint-of-the-day/#comment-3444 I think the appropriate analysis is whether the large endowments’ returns over the last few years is greater than the amount lost in the downturn. To take one downturn and extrapolate it to cover the entire strategy is short-sighted. I’d be curious to see an analysis of those universities’ absolute dollar return outperformance over last 10 years. My hunch tells me they’ve made way more money over time than they lost in the breakdown.

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