(no subject)

[randomness]

From http://theamericanscene.com/2008/05/12/is-harvard-just-a-tax-free-hedge-fund:

"Viewed purely in terms of economics, Harvard is really a $40 billion tax-free hedge fund with a very large marketing and PR arm called Harvard University that has the job of raising the investment capital and protecting the fund’s preferential tax treatment."

(via Matthew Yglesias)

Comments

[meepodeekin.livejournal.com]

So true. Universities are much easier to deal with if you face the reality that they are just trying to make a buck like everyone else.

But how do I buy shares in Harvard? Because I think it would be a good investment.

[karakara98.livejournal.com]

Well, looked at it another way, you've already bought quite a few shares in Yale. ;)

[meepodeekin.livejournal.com]

So what are you saying, Yale shares and Harvard shares won't share? Cuz I want to diversify my portfolio... (Not really, having "shares" of both Yale and MIT I think I can pass on that type of Harvard share.)

[mangosteen]

You know you live in Allston/Brighton when you read that paragraph and say "Well, yeah."

[stolen-tea.livejournal.com]

But how can I cash out?