Harvard, Yale Are Big Losers in 'The Game' of Investing
September 11, 2009, The Wall Street Journal — It's a tie in the Harvard-Yale investment game. Both schools were thrown for colossal losses.
The universities on Thursday said their endowments, higher education's two largest, each lost 30% of their value in the year ended June 30. Combined, the pair of investment pools shrank by a staggering $17.8 billion.
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