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How the Harvard and Yale endowment models changed to avoid a repeat of 2009

Extreme events are now modeled in, but the love affair with alternative investments remains

Author Timothy Keating, Guest Columnist February 15, 2011 at 3:03 PM
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Timothy Keating: They simply invested far too little in cash and liquid assets.

Timothy Keating

Keating Investments

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Harvard endowment

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Yale endowment

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