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MIT’s endowment outperformed its peers this past year. According to investment consulting firm Wilshire Associates the median large endowment this past year generated an investment loss of roughly 18 percent. “Investments in the fixed income, marketable alternative, real asset, and real estate arenas helped offset significant declines in public and private equity portfolios,” the MIT press release stated...
MIT’s statement also noted that its endowment has generated an annualized return of 9.3 percent over the past 10 years—slightly better than Harvard’s 10-year annualized return of 8.9 percent...
...most difficult part of the president’s balancing act is between the needs and desires of constituents and the pressures of organized money. Health-industry lobbyists have done much to fan the flames of mistrust in the government these past few months...
...This past Saturday, the Harvard men’s soccer team continued on its path of regional domination. Under the lights of Fairfield University’s Lessing Field, the No. 12 Crimson trampled the Stags, 4-1, and increased its winning streak to five for the season. While the final score implies an easy Harvard victory, the first half of the game left bystanders unsure of the eventual outcome. The visiting Crimson started out slow, firing off only four of its eight shots on goal during the first period. Fairfield was also contained offensively, registering only a quarter...
Getting through Rafah ultimately feels like a tremendous feat. Once on the other side, the bus pulls away from the Egyptian customs terminal, past Egyptian tanks, and into no-man's land before a sign welcomes you to Palestine. As the bus moved through the checkpoint, the Palestinians who had made it in began to applaud. They cheered and thanked God; others called relatives on their mobile phones. It was an emotional moment, yet paradoxical all the same, given that many might never be able to get back...