Harvard Alums Criticize Compensation at the University's Endowment

The video discusses the challenges faced by Harvard Management Company, particularly in the context of a new president and the ongoing debate between active and passive management strategies. It highlights the performance of Harvard's endowment compared to Yale and other institutions, noting Harvard's absence from top return rankings. The video also explores the internal issues at Harvard Management Company and their efforts to adopt more cost-effective strategies similar to those of Yale and Columbia.

What are the main concerns raised in the letter addressed to the new president of Harvard?

How is the debate between active and passive management relevant to Harvard's endowment?

What changes is Harvard Management Company considering in their investment strategies?

In what ways are Harvard's endowment returns compared to those of Yale and Columbia?

What challenges has Harvard Management Company faced in managing its endowment?