Skip to comments.Harvard University fund sells all Israel holdings
Posted on 08/15/2010 2:28:07 PM PDT by Nachum
In another blow to Israeli shares, the Harvard Management Company notified the US Securities and Exchange Commission (SEC) on Friday that it had sold all its holdings in Israeli companies during the second quarter of 2010. No reason for the sale was mentioned. The Harvard Management Company manages Harvard University's endowment. (Snip)Harvard Management Company's 13-F Form shows some interesting investments. Its two largest holdings, each worth $295 million, are in iShares ETFs, one on Chinese equities, and the other on emerging markets.
Harvard = Israel haters
It used to be a top notch educational institution.
Proof: The Obamaloon was 1) let in, and 2) graduated.
When the China housing bubble pops they are going to loose big time...couldn’t happen to a nicer bunch.
Lose it all, Harvard.
Harvard is virtually owned lock, stock and barrel by the Saudis. They have poured money into it over the last 10 years or so (and actually, before, but it has really intensified now).
Hello Alan Dershowitz
Harvard’s vaunted fund has lost billions. They may be selling a lot more than Israeli holdings in the very near future. It started going south during the tenure of Larry Summers....financial adviser to the El Bozo administration.
I read that then realized it was HARVARD.. end of conversation!
Israel’s investor pool has been purified
“Jewish bankers refuse credit to Harvard”
Harvard University suffered the largest decline in endowment funds of any major US college last year, as the financial crisis crippled the sophisticated but risky investment models that in prior years have made it the biggest and often best-performing endowment.
The total value of Harvards endowment fell nearly 30 percent in the fiscal year ended June 30, 2009, to $25.7 billion, according to a national survey of college and university funds released today. Much of that decline is from investment losses - 27 percent; the funds balance also went down because the university needed to spend money on school programs. The Yale University endowment, the nations second-largest, dropped 28.6 percent, to $16.3 billion, while Stanford Universitys fell 26.7 percent to $12.6 billion. The average drop for endowments across the country was 23 percent, based on a survey of 842 colleges and universities by the National Association of College and University Business Officers and Commonfund, an investment firm for endowments.
“Hello Alan Dershowitz”
You said it!
That means the stock is down, so I think it’s time I buy. That’s a stocked proven and blessed by God Himself.
The average Tibetan dreams of someday living as well as the average Palestinian.
Even without any political motives, the war risk in Israel is very high.
For that reason I was surprised when Warren Buffet recently made a large investment there. Of course the Israelis are probably on the whole the most talented people on earth, so Buffet wanted some on his team. Intel has felt the same way for a long time.
They’re bigots and racists...but Islam is ok, they’re just misunderstood.
As a great stock pick, check out NICE Systems. (NICE).
Harvard used to have the best investment advisers of any university. But Larry Summers said they were too expensive, so he fired them, before losing his job as president by offending the feminists.
Now they evidently have the worst investment advisers of any university.
But I agree that the Saudis have poured a lot of money into Harvard, and they are probably calling the shots on this one.
Harvard believes it is on the inside skinny of a failed Israel and wants to keep its pants up.