A Small College’s Endowment Manager Beat Harvard With Index Funds

Discussion in 'Share Investing Strategies, Theories & Education' started by Nodrog, 12th Mar, 2019.

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  1. Nodrog

    Nodrog Well-Known Member

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    Nodrog, 12th Mar, 2019
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  2. KateSydney

    KateSydney Well-Known Member

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    That's a wonderful story - I love it. Now he can happily retire knowing he's made himself redundant. The school board can just stay with Vanguard forever and put their feet up!
     
    KateSydney, 12th Mar, 2019
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  3. KateSydney

    KateSydney Well-Known Member

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    Some of those colleges have a lot of coin, though. Friend of our daughter's is over in the US now talking to a number of them that have made her offers for her (fully funded) Phd. They fly her over there, ask her how many nights hotel accomm they should book for her, give her a per diem for meals/taxis- all so they can make sure the pick of candidates choose them! (Talking to Harvard, Berkley, Chicago and one other I can't remember). That's just the ones she decided to visit - 14 of them invited her to. Tomorrow she's off to Oxford to inspect their offer.

    They must have had some good money managers in the past.
     
    KateSydney, 12th Mar, 2019
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  4. Nodrog

    Nodrog Well-Known Member

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    Yep. However it will be interesting to see what happens when the US Bull market comes to an end.
     
    Nodrog, 12th Mar, 2019
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  5. KateSydney

    KateSydney Well-Known Member

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    Well Adele had better get signed up quickly before that happens!
     
    KateSydney, 12th Mar, 2019
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  6. Redwing

    Redwing Well-Known Member

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    Massive tax advantages with these elite university endowment funds also

    How big are some of these funds.........

    Harvard Endowment Rises to $36.4 Billion

    Harvard now around $39 Billion

    Yale has around $29.5 billion
     
    Redwing, 13th Mar, 2019
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  7. KateSydney

    KateSydney Well-Known Member

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    Well at least the whole world benefits from it, which is kind of nice. Doesn't matter where you're from, or how poor you are, you can still get this amazing chance (provided you've already had access to a good enough education system to get that far!).
     
    KateSydney, 13th Mar, 2019
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