Word: weil
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...PUBLISHER: Louis A. Weil...
...PUBLISHER: Louis A. Weil...
...Weil points to Princeton as the only other Ivy League school with an investment firm similar to HMC, but she acknowledges that the two are hardly comparable, given the smaller size and narrower focus of Princeton's investments...
...part, Weil suggests that Harvard's decision to invest in the "less traditional areas" has been not so much a question of a riskier strategy as a function of the University's financial strength. Weil points out that many colleges do not have the money to make the high-return investments Harvard has made...
...Certain schools have gotten more involved in [higher-risk areas], but it depends on the attitude," Weil says, adding that many institutions abandoned this foray after taking heavy losses in the October 1987 stock market crash...