Endowment Fairy Tales – Part III

Stocks can have a lot of overhead So you are entrusted with investing an endowment and are looking at the various options thinking there has to be a better way.  After all, the overhead in stock investing is quite significant.  Think about how much boards...

Endowment fairy tales – part II

“Invest in a broad array of stocks and bonds and hold them for the long term.”  Those who held General Motors stock and/or bonds in 2006 might disagree.  Same goes for WorldComm, Enron, Kodak, AT&T, Adelphia Cable, RIM/Blackberry, JCPenney and a...

Endowment investing and other fairy tales

If I used the title “retirement account” my following might go up about ten-fold.  All of us are a little nervous as markets reach historic highs and the future seems anything but rosy.  I write this as the government is shutting down its non-essential...

The CFO and Fundraising

For a variety of reasons, the advancement / development / fundraising operations of an institution tend to operate in ways that drive CFOs nuts.  Since no rebuttals are accommodated on this blogsite, you may be expecting me to unload on those back-slapping...

So, we need to cut costs. How does THAT work?

Attention now turns from revenues to costs.  And, I turn from preachin’ to meddln’ Many of the institutions I interface with have been confronting an unreliable revenue stream.  That’s a fancy way of saying that enrollment has been heading southward while...