UNIVERSITY & HOSPITAL ENDOWMENTS
bgold at itsa.ucsf.edu
Fri Apr 5 10:30:09 EST 1996
University and Hospital endowments notoriously earn low interest rates.
It is not clear to me why a small portion of these funds are not
used to fund worthy research within their institutions;
thus allowing for the realization of future profits.
Except that perhaps everyone depends upon our uncle Sam for this purpose.
Why invest your own money if you can invest someone else's?
Bert Gold, Ph.D. "If only we stay with that principle
University of California, San Francisco which counsels us always to hold
School of Medicine to the difficult, then that which
Department of Pediatrics now seems to us most foreign, will
Program in Medical Genetics become what we most trust and
(415) 476-2850 find most faithful." - R.M. Rilke
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