Harvard & Yale Endowment

Thanks to my loyal blog contributor for sharing this.

 

http://www.bostonmagazine.com/articles/drew_gilpin_faust_and_the_incredible_shrinking_harvard/

 

and

 

http://online.wsj.com/article/SB124425383780391015.html

 

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Both the articles highlighted on the recession which affected the endowment money of Yale and Harvard University, 2 of the richest universiteis in the world. Do check it out! It is a good article for me to reflect what I had learned for my CFA on endowments.