It’s been clear for some time that the next decade would not be kind to small, non elite, institutions I just didn’t think the extent of the bleeding had become clear yet before seeing this.pic.twitter.com/TeJymH6jgA
pretty sobering right? Endowment mismanagement on a scale that’s truly staggering
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You mean Olin or in general?
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Say more. In my (admittedly, very limited) research, I'm seeing a $370M endowment with a 3.7% rate of return in 2020.
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