Word: bacowã
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Tufts Director of Public Relations Kim M. Thurler said that Bacow??€™s remarks were based on the performance of the Tufts’ endowment and were not directed at any other particular University...
Harvard spokesman Kevin Galvin declined to comment on Bacow??€™s remarks...
Harvard Business School professor and Nobel Laureate Robert C. Merton said that some risk is necessary to ensure that the University can make a large enough return on its investments to support its operating budget. He said that he had not previously heard Bacow??€™s comments but added that “the right strategy for the endowment of any institution cannot be found in the abstract...
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