The Rate of Return on My Endowment Can Beat Up the Rate of Return on Your Endowment
The endowment data for FY'05-'06 are in, and you know what that means -- a Harvard-Yale pissing match! Only this time, it's the derivative of that arc of piss! Inside Higher Ed reports:
Yale University may be #2 in endowment size, but it topped #1 Harvard in rate of growth, according to data released Monday. Yale reported a 22.9 percent return on its endowment in the fiscal year that ended June 30, bringing the endowment to $18 billion. Harvard last week reported a 16.7 percent return, allowing its endowment to exceed $29 billion.
Only 16.7 percent? Incompetence! Who's in charge of the Harvard endowment these days, Tara Reid?
One Comment | 
| 
Print This Post
Read more: endowments, Harvard, Yale
Email – 
Search
About
Follow us on Twitter
Report a bug
Archives
RSS Feed
September 27th, 2006 at 2:50 pm
I would love to see Harvard play the “Yale, why do you hate America so much?” game, because they sort of could; their return was rubbish in part because it was sunk by bonds…