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Archive of entries posted on 23rd September 2015

So well, and so bad. The best Yom Kippur story.

It’s amazing how “professional” managers do so well, and so badly. Here are two stories — from the New York Times and BloombergBusiness — of returns achieved by endowments of our major universities. From BloombergBusiness: Bowdoin College’s endowment return of 14.4 percent — the best among schools so far this year — was fueled by […]