Yale: We Are Not Impressed

🚨 🚨 Short Term Yields Are Above 5%. Go Figure: Yale’s endowment recorded a 1.8% investment gain in the year ended in June, the 14th straight increase for the second-wealthiest private US college. The fund posted $759 million in investment gains, though the endowment’s value declined to $40.7 billion after accounting for distributions to the university’s operating budget

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