In response to: Princeton Endowment Earns 11% Return, Reaches $36.4 Billion
Current issue
December 2025
Judge Michael Park ’98; shifts in DEI initiatives; a night at the new art museum.
Judge Michael Park ’98; shifts in DEI initiatives; a night at the new art museum.
Despite much fanfare, Princo has underperformed public markets, and its illiquid investment portfolio forces the University to borrow in a crunch. And who knows what the illiquid assets are worth anyway, as they do not trade frequently. We would be better off investing with the great Jack Bogle ’51’s low-fee index Vanguard.