[lbo-talk] news from Harvard

[Michael Perelman]

Herbert Pug Winokur was a member of the Harvard Corporation while serving as Enron's 
Finance Chairman.  Even if that is too conspiratorial, wouldn't Harvard have access 
to inside information? 

On Fri, Feb 09, 2007 at 10:12:39AM -0500, Doug Henwood wrote:
> 
> Which, of course, they beat many times over - the Harvard (and Yale)  
> endowments consistently beat the market by a wide margin. (Harvard  
> famously shorted Enron, and made big bucks off it, while the  
> University of California lost big bucks by merely being long a  
> fashionable stock.) How they do this is a bit of a mystery, since  
> it's supposed to be impossible over the long term, as their business  
> school faculties no doubt tells their finance students. Maybe they're  
> just very very smart. Or maybe having alums in influential positions  
> has its benefits.
> 
> Doug
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk

-- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com