RememberCTR's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/195378/comments http://seekingalpha.com/article/48820-yale-beats-stanford-endowment?source=feed#comment-263138 263138 Wed, 24 Sep 2008 00:27:05 -0400 http://seekingalpha.com/article/96448-performance-for-harvard-yale-endowments-in-2008?source=feed#comment-261043 261043 Tuition is going down. The endowments pay out on average 5% each year to the schools. In the last year all the schools changed tuition and economic scholarship rules. For example Stanford eliminated tuition for families that earn less than $100,000 a year. Yes, tuition is rising, but the rich kids are the only ones paying that tuition. And who ever liked the rich kid?
]]> Sun, 21 Sep 2008 23:57:59 -0400 Tuition is going down. The endowments pay out on average 5% each year to the schools. In the last year all the schools changed tuition and economic scholarship rules. For example Stanford eliminated tuition for families that earn less than $100,000 a year. Yes, tuition is rising, but the rich kids are the only ones paying that tuition. And who ever liked the rich kid?
]]> http://seekingalpha.com/article/96448-performance-for-harvard-yale-endowments-in-2008?source=feed#comment-261038 261038 It sounds like you enjoy shooting from the hip. Look at the historical NACUBO data. Of the growth that the top endowments have seen in NAV since the late 1980's <10% is from donations. The endowments are impressive. ]]> Sun, 21 Sep 2008 23:52:16 -0400 It sounds like you enjoy shooting from the hip. Look at the historical NACUBO data. Of the growth that the top endowments have seen in NAV since the late 1980's <10% is from donations. The endowments are impressive. ]]> http://seekingalpha.com/article/96448-performance-for-harvard-yale-endowments-in-2008?source=feed#comment-260466 260466 oalmine

Most illiquid mangers outside of endowments are audited. This is so the LP's have some assurance of the numbers. Endowments are also audited (they just don't have to report the audit to the public). There is no way the illiquid assets could be or should be marked to market. Shoot. Look at what happened last week and tell me know the exact value of any asset. FAS 157 has cracked down on unrealized gains and losses as much as it can. Don't be playa hatin the endowments just because they kill it EVERY YEAR. Yale, Harvard, Stanford, MIT, Princeton did not grow to be $15-40 Bn funds on donations. The donation numbers are public and they only account for <10% of the endowment growth.]]> Sun, 21 Sep 2008 03:37:24 -0400 oalmine

Most illiquid mangers outside of endowments are audited. This is so the LP's have some assurance of the numbers. Endowments are also audited (they just don't have to report the audit to the public). There is no way the illiquid assets could be or should be marked to market. Shoot. Look at what happened last week and tell me know the exact value of any asset. FAS 157 has cracked down on unrealized gains and losses as much as it can. Don't be playa hatin the endowments just because they kill it EVERY YEAR. Yale, Harvard, Stanford, MIT, Princeton did not grow to be $15-40 Bn funds on donations. The donation numbers are public and they only account for <10% of the endowment growth.]]>