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 $12.6 billion. The average drop for endowments across the country was 23 percent, based on a survey of 842 colleges and universities by the National Association of College and University Business Officers and Commonfund, an investment firm for endowments.
“Hello Alan Dershowitz”
You said it!
That means the stock is down, so I think it’s time I buy. That’s a stocked proven and blessed by God Himself.
The average Tibetan dreams of someday living as well as the average Palestinian.
Even without any political motives, the war risk in Israel is very high.
For that reason I was surprised when Warren Buffet recently made a large investment there. Of course the Israelis are probably on the whole the most talented people on earth, so Buffet wanted some on his team. Intel has felt the same way for a long time.
They’re bigots and racists...but Islam is ok, they’re just misunderstood.
As a great stock pick, check out NICE Systems. (NICE).
Harvard used to have the best investment advisers of any university. But Larry Summers said they were too expensive, so he fired them, before losing his job as president by offending the feminists.
Now they evidently have the worst investment advisers of any university.
But I agree that the Saudis have poured a lot of money into Harvard, and they are probably calling the shots on this one.
Harvard believes it is on the inside skinny of a failed Israel and wants to keep its pants up.
William F. Buckley, Jr.
How long before the #$%&@ Saudis put a big mosque on campus?
Well it must be you-know-who’s fault that Haaaaaaaaaarvaaaaaaaaaaard funds took a dump downwards!
According to Genesis 12:3b more dumpings to come!
Must have gotten a hot stock to sell tip from insider financial expert Mahmoud Ahmedinejad! Buy Iranian plutonium precious metal shares instead.
Yes, all the Ivies are hard up. They find Saudi money irresistible (not that they were necessarily going to resist in the first place!).
Harvard Islamic Finance Project
They should take the proceeds and fully invest in the most significant and profitable muslim manufacturing industries.
Long time tool is alan
Harvard dumped Israel and invested in Turkey:
Of course someone will come along with a list of names to prove that the Jews do run Harvard; it's just that they're now out to get Israel.
The Ivy League used to rule college football (believe it or not). Of course, that was back in the days of raccoon coats and swallowing goldfish.
Then in the New Deal the Old East Coast Establishment decided leftism made a better ideological justification for Hamiltonian Federalism than conservatism did and the IL teams tanked.
I mean, what kind of kid plays football in the Ivy League today? Thurston Howell Guevara III?
top-notch in name only it’s been a hotbed of liberals,progressives,& all the other junk in the universe that’s been floating around for the past 40-50 yrs
Bet they'd scream bloody murder if Manhattan were in compliance with Halakhah. That'd be a violation of separation of church and state, you know.
Say what you will about Larry Summers, but during his tenure he would not bow to pressure to divest Israel.
Yes, I knew that, at least to an extent. That was in the late 1800s and very early 1900s. Even until about 1950, the "Ivy League" teams competed at what would be called the "major college" level. Harvard and Columbia played in Rose Bowls, when the Rose Bowl was only bowl game in existence. Columbia won, don't know about Harvard offhand.
Then, about 1950, they kind of decided that they weren't going to spend all that much money to compete in a game that, in many intellectuals' minds, glorified brutality over sensibility, so they decided to "deemphasize" football and sports in general.
Believe it or not, there was no formal Ivy League in an athletic sense until the 1050s, although the schools that eventually formed it had played against one another as independents for many years before that, and Harvard vs. Yale was the biggest rivalry. They organized the formal Ivy league collectively so that they could play more against each other and wouldn't get beaten up as much by stronger teams.
To claim that the New Deal and leftism precipitated the decline in Ivy League sports is a bit of a stretch, because the timing doesn't exactly fit that theory.
I think you missed my point. I was taking a swipe at the paradoxical radicalism of the Old Eastern Seaboard Establishment and at the hinterlanders who see it as "the real power behind Communism."
By paradoxical, do you mean that the Ivy League schools are in reality radicalized, while they still try to project an image of "Establishment"?
...and [taking a swipe] at the hinterlanders who see it as "the real power behind Communism."
Please elaborate. Aren't these "hinterlanders" on target? If so, why take a swipe at them?
BTW, in my post # 39, I obviously meant 1950s as the time of the start of the Ivy League as a formal entity.
The Hamiltonian East is foolish to go Left and the hinterlands are foolish for blaming Communism on Alexander Hamilton and Henry Clay.
That’s really interesting because it’s all those Universities that got stimulus money.