Works way better when you invest with donors!No news there. Pretty common for the returns on college endowments to lag indices. People who run their portfolios ain't the sharpest tools in the shed (positively frightening to watch them in meetings where anything remotely exotic is discussed). Schools could save themselves a lot of money and improve returns over the long term by following the philosophy set fort in the article.
I use index funds for my retirement. They work great. But the question is, what would happen if everybody used index funds? Index funds follow the market as a whole but if everybody bought index funds then index funds would BE the market as a whole. There would be nothing to follow.
Works way better when you invest with donors!
https://www.google.com/amp/s/amp.usatoday.com/amp/898081002