What blows my mind is that the universities will not touch their bloated endowments to cover shortfalls in operating budgets or even to make capital investments. This is made up with mainly government money, specific gifts from alumni, corporate partnerships
These places have turned into giant hedge-funds with leftist schools attached to them.
All true as far as you went, but let’s not forget all the foreign money going into our universities that by law they are required to report but do not and nothing is done about it. Also, their sacrosanct endowments receive special tax treatments which cost us taxpayers even more money. Nothing will be done however since the democrats have taken over the education system and they significantly benefit from it so they have zero incentive to do anything. And, republicans have no backbone.
“These places have turned into giant hedge-funds with leftist schools attached to them.”
This is great line. Good job.
I’ll be using it.
The airlines are not far behind. The fuel hedgers have tons to do with relative performance. At some point in the future, I can def see the passengers as a mere inconvenience.
True, and the portfolio managers of some get away with insider trading.