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Letter "A" » Andrew Golden Quotes
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«The bulk of that discrepancy [between investment returns and overall endowment growth] was that spending was greater than gifts into the endowment.»
Author: Andrew Golden
«In most environments, [schools with bigger endowments] do better, including some of our closest peers.»
Author: Andrew Golden
«This isn't a football game where there's a winner and a loser. This is a market where we can all do well and support our institutions.»
Author: Andrew Golden
«We want to spend as much of the endowment as possible, subject to two constraints ? preserving purchasing power into perpetuity and assuring that the spending stream is relatively stable. Your great-grandchildren need to get the same economic benefit that you're getting now.»
Author: Andrew Golden
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