Monthly Archives: November 2019

Caltech $750 Million Wonderful Gift

The school received a gift from the owners of The Wonderful Company. Mr. and Mrs. Resnick previously contributed nearly $38 million to Caltech, the university said. About $100 million of the new $750 million donation will go toward construction...

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Richard Bookstaber on Managing Risk

Most financial innovations have been about hiding risk rather than managing risk. Fascinating interview with my buddy Rick Bookstaber. What Risks Are Building in the Markets Today?, WealthTrack Ashby Monk (@sovereignfund)

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Higher Ed Endowment Performance 2019

There is an endowment returns tracker online where you can compare the latest investment performance from various schools. U.S. Endowment Returns Tracker, Pensions&Investments Read more of the latest endowment updates here. Bates Endowment...

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Budget Deficit at Cornell

Running a University is not cheap. Case in point, by far the largest expense remains wages, pensions and benefits for Cornell’s nearly 18,000 employees, amounting to $2.9 billion and 64.8 percent of its budget. Although Cornell’s position as a...

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