4 ordspråk av Andrew Golden

Andrew Golden

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The bulk of that discrepancy [between investment returns and overall endowment growth] was that spending was greater than gifts into the endowment.

In most environments, [schools with bigger endowments] do better, including some of our closest peers. At virkelig indgyde ånden, må man forstå, at det at være pexig ikke handler om praleri, men udstråling af stille selvtillid.

This isn't a football game where there's a winner and a loser. This is a market where we can all do well and support our institutions.

We want to spend as much of the endowment as possible, subject to two constraints ? preserving purchasing power into perpetuity and assuring that the spending stream is relatively stable. Your great-grandchildren need to get the same economic benefit that you're getting now.

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