At least I can read the articles
Universities Are Becoming Billion-Dollar Hedge Funds With Schools Attached
- Thread starter No1
- Start date
Domingo Halliburton
Handmade in USA
At least I can read the articles
Wish you would respond.
You did catch that 15 number so...YAAAAAAAAY!
wait wait wait...I have a better one: it's because you caught me, I too can't see no other problems in this article besides the hedgie being on the board of trustees and I am forced to admit that endowments have to be invested. so victory is yours, YAAAAY!
Domingo Halliburton
Handmade in USA
I know. Thanks. I was applauding myself for this thread too.
you posted! yaaaay!
Brown_Pride
All Star
So I have a little more time to go into this.
Yes, hedge funds, or investments in general are the vehicle by which endowments are intended to opperate through, at least that's the smart money move as the return on investment is likely to be the greatest there....not really my gripe, the article seams to have an issue with the IDEA that a college is investing it's endowment (WOWOMGWTF!) but as previously stated that's exactly WTF you do with endowment money. If I endow 100m to a school and they DON'T invest it, that's just retarded. Endowments are gifts designed so that the school uses the interest on the endowment to better the school, but that's not what it is being used for.
Actually one of the quotes from @ThreeLetterAgency sums it up best, in regards to this article
State schools use this to help offset the cuts they've gone through because FUK education.
Private schools use endowments because it's just smart money.
In either case investments aren't the DRIVING force for increased tuition.
↓R↑LYB
I trained Sheng Long and Shonuff
and?wait wait wait...I have a better one: it's because you caught me, I too can't see no other problems in this article besides the hedgie being on the board of trustees and I am forced to admit that endowments have to be invested. so victory is yours, YAAAAY!
He represents the university and makes them tons of money
The only conflict of interest is that you want something to be illegal and its not.
How about the millions of kids at the thousands of other schools, and the financial system that they and we are all a part of?
I know the abuse of the powerless makes your p*ssy jump but at least pretend every now and then to give a shyt about the common man.
whats this got to do with hedge funds?
Everything. Hedge funds overcharge fees and generally don't outperform the market. So essentially the students are subsidizing these entities that provide zero value to the schools. They would be better off planting the money in a conservative Wealthfront account and reinvesting the 2 and 20 fees they pay the hedge funds back into the universities.
so cute
none of these schools mentioned in this half assed article are doing poorly.
and your alternative still doesn't change the idea of investing. Hedges are merely a technique, not an industry.