The Investment Strategy Behind Harvard’s Record Endowment — and How It Fell Apart

Janet Lorin, a Bloomberg journalist specializing in financial reporting, discusses the intriguing saga of Harvard University's endowment fund, the largest globally. The conversation reveals how innovative investment strategies helped Harvard dominate, yet recent leadership changes have hindered performance compared to rivals like Yale and Brown. Lorin explores the shift in Harvard's investment approach, rising alumni dissatisfaction, and the competitive landscape that poses challenges to maintaining endowment supremacy.