In 4 months, Harvard has lost more money (at least $8 billion) from its endowment than most other universities had to begin with. (Only Yale, Princeton, Stanford, and MIT have endowments over $8 billion.)Context from about 15 months ago, for those interested: a one-year gain of about $5.5 billion.
(Image: A Harvard University money clip, plated in gold...on sale.)
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