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Harvard University's endowment suffered investment losses of at least 22% in the first four months of the school's fiscal year, the latest evidence[...]
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In a letter inspired by billionaire Warren Buffett's annual letter to shareholders, Bill Gates issued a 20-page look at the state of his foundation, saying it will give out a record amount of money this year even though it lost money.
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Mebane Faber explains how the individual investor can invest like the top dogs at Harvard and Yale, including how to mimic endowment portfolios using[...]
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