[SkiBum80]

Stanford announced a 4.4% return on investment in its Merged Pool for the 2023 fiscal year on Oct. 12. The Merged Pool consists of a majority of the University’s endowment, funds from Stanford Health Care and Stanford Medicine Children’s Health and additional long-term reserves of the University.

This fiscal year’s gains contrasted with the 4.2% investment loss from the last fiscal year, signifying a steady recovery. However, the gains remain below the 10.84% mean returns over the past 10 years and the 40.1% returns from the 2021 fiscal year.
...
Stanford News reported that this year’s Merged Pool was valued at $40.9 billion as of June 30. The endowment, consisting of approximately 75% of the Merged Pool and additional assets, was $36.5 billion on Aug. 31, the end of the 2023 fiscal year.
The University’s growth still trailed behind the 6.9% median return for U.S. college and university endorsements for the year, preliminarily stated by Cambridge Associates. Additionally, a typical “70/30” passive portfolio of global stocks and bonds returned 10.9% during the 2023 fiscal year.

So they made less than current Treasuries and the portfolio advisers charged how much to render this expert investing management?
The passively managed S&P 500 etf "SPY" 1 year return is over 13%
Expense ratio is 0.09% and wonder how that compares to Stanford's actively managed portfolio.
Reminds me that active compared to passive is not always a winner if active is actively moving in the wrong direction.

[SkiBum80]

Stanford announced a 4.4% return on investment in its Merged Pool for the 2023 fiscal year on Oct. 12. The Merged Pool consists of a majority of the University’s endowment, funds from Stanford Health Care and Stanford Medicine Children’s Health and additional long-term reserves of the University.

This fiscal year’s gains contrasted with the 4.2% investment loss from the last fiscal year, signifying a steady recovery. However, the gains remain below the 10.84% mean returns over the past 10 years and the 40.1% returns from the 2021 fiscal year.
...
Stanford News reported that this year’s Merged Pool was valued at $40.9 billion as of June 30. The endowment, consisting of approximately 75% of the Merged Pool and additional assets, was $36.5 billion on Aug. 31, the end of the 2023 fiscal year.
The University’s growth still trailed behind the 6.9% median return for U.S. college and university endorsements for the year, preliminarily stated by Cambridge Associates. Additionally, a typical “70/30” passive portfolio of global stocks and bonds returned 10.9% during the 2023 fiscal year.

So they made less than current Treasuries and the portfolio advisers charged how much to render this expert investing management?
The passively managed S&P 500 etf "SPY" 1 year return is over 13%
Expense ratio is 0.09% and wonder how that compares to Stanford's actively managed portfolio.
Reminds me that active compared to passive is not always a winner if active is actively moving in the wrong direction.