Harvard needs 8% return every year just to keep the lights on. 5% spending plus 3% inflation. Miss that number and buildings stop, professors leave, research dies.40% of the operating budget comes from one portfolio. Not tuition. Not grants. One fund.Jake Xia manages that fund's public markets. He also teaches the math behind it at MIT for free. One of the top five most-watched courses on OpenCourseWare. Millions of views. Almost nobody changed how they invest.Every year he hands students a blan

RT @yummy8686868686: oh, I got a different ending for Chapter 5#deltarune #deltarunespoilers