Someday I will write that epic mega-viral tweet thread explaining how university endowments really work and no one will ever ask why even wealthy institutions ever sometime struggle financially ever again.
Bowing to popular demand, here is said thread:
https://twitter.com/pashulman/status/1249018639241666560
You can follow @pashulman.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

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