Word: bu
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Across town, Boston University pursues a far more risky--and, of late, very rewarding--investment policy. With only $100 million of endowment, BU can invest more aggressively than Harvard, because endowment income only makes up I percent of the yearly budget. If they lost it all, income could easily be made up elsewhere...
With three outside managers overseen by an investment committee, the college enjoyed a 70.3 percent increase in 1982-3, according to BU official Patricia A. Doyle. That was the number three performance in the nation, and BU's three- and five-year records are the top in the country, according to a study by the Dartmouth-based National Association of Colleges and University Business Offices...
...BU's Doyle says that while "their people are very good, the disadvantage is that it doesn't suffer from competition. There's always an advantage to having clients that choose you because you're the best there...
Second varsity--1. Harvard; 2. Brown; 3. Northeastern; 4. Yale; 5. Princeton; 6. Penn; 7. Navy; 8. Cornell; 9. Syracuse; 10. BU; 11. Dartmouth; 12. Rutgers; 13. Wisconsin; 14. Columbia; 15. Holy Cross...
Freshmen--1. Syracuse; 2. Harvard; 3. Princeton; 4. Yale; 5. Brown; 6. Navy; 7. Dartmouth; 8. Rutgers; 9. BU; 10. Columbia; 11. Cornell; 12. Penn; 13. Wisconsin; 14. MIT; 15. Northeastern...