Michigan State’s Endowment Switching to Quants

The video discusses Michigan State University's decision to shift $100 million into quant funds after a 4.3% loss in its endowment. This move reflects broader trends in endowment management, with many institutions facing losses and reconsidering their investment strategies. The video also highlights congressional interest in how endowments are used, particularly in supporting middle-class students, with potential policy changes on the horizon.

What is the significance of the new CIO's background in nuclear physics for Michigan State's endowment strategy?

What are the implications of the congressman's proposal regarding endowments for middle-class families?