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Meb Faber: Should Harvard’s Endowment Be Managed By A Robot?
FYI: I used to write about the top college endowments quite a bit – turn back seven years and my first book was on the topic – The Ivy Portfolio. So when Harvard recently made news by announcing returns for the $36 billion endowment were a disappointing -2% in fiscal year 2016, I thought we’d revisit the topic. (Endowment fiscal year ends each year in June – annual report here.) Regards, Ted http://mebfaber.com/2016/09/29/harvard-crimson-enroll-investing-101/?curator=thereformedbroker&utm_source=thereformedbroker
