Harvard is sitting on top of a $54 BILLION hedge fund they call an "Endowment" that they pay zero taxes on Yale has $31 Billion. Stanford $29 Billion. Princeton $26 Billion. "Elite" Schools sit on a goldmine but the Middle …
by Lewsk55 Interesting video on the logical fallacies that can lead to dumb financial decisions: I thought the concept of the “endowment effect” was useful — the tendency for us to assign more value to the things we already own/paid …
by andthenisawtheblood Article link. Full Text: From his home office in Charlotte, one of the most successful investors in higher education plies his trade in blissful obscurity. Bill Abt employs no stable of hotshot bond traders. He doesn’t dabble in …