The Harvard Endowment Is on the Verge of Losing Its Crown

Bullish:

• $UTIMCO - UTIMCO, based in Austin, is becoming an important player for hedge funds to visit, potentially leading to increased interest and improved performance.

  • “They followed the Harvard management company model, and they created a a separate company. And UTIMCO is based in Austin. And, you know, if you're a hedge fund and you're visiting, you know, the big Texas pension funds, UTIMCO is there in Austin.”

    Janet·29:20

Bearish:

• $HARVARD - Harvard's endowment has underperformed in the last decade, and recent controversies have led to a significant decline in donations, suggesting potential continued challenges.

  • “If you look at how Harvard did in the last 10 years in their annualized returns in the year that ended 2023, they were in the bottom 20%.”

    Janet·32:39

  • “Donations were down 15% in in the year ended in June. And when you think about when they were in the news so much at the end of December, remember there was that congressional hearing Right. In December 5th with the presidents of Penn, MIT, and Harvard.”

    Janet·34:25