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To: TigerLikesRooster

My hedge fund sources tell me Yale has lost $7.65 billion in the past 12 months.


15 posted on 03/02/2009 10:16:25 PM PST by FreepShop1 (www.FreepShop.com)
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To: FreepShop1
My hedge fund sources tell me Yale has lost $7.65 billion in the past 12 months.

For some reason, I was thinking the Yale endowment was on the order of $12B to $15B prior to the downturn. Do you know the figure?

Also, why the hell would they go with hedge funds? Why not just allocate their money among mutual funds indexed to the stock and bond markets?

16 posted on 03/02/2009 10:48:28 PM PST by Ken H
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