alt Hacker NewsAny other institutions outside of academia that has a 20+ billion endowment that earns 4 billion a year?
And 500 grad students at what 50k per year for funding is what 25 million?
They really couldn’t hedge the risk with their own money if talent was truly that important?
Agree, and I think it's probably healthy that the large endowments are being taxed a modest amount.