Endowment hit hard by Hedge Fund crash

<p>The only problem is that we’re playing Monday Morning QB. </p>

<p>Although these funds were were doing risky things, they had shown immense profits and I dont think they had ever even posted losses before this year (as an industry). So I can somewhat understand the idea of putting money in the hedge funds, given that they had always performed well (Yes, I know this contradicts my previous post). </p>

<p>That said, I feel as though UVA should’ve focused on long-term investments with more inherent security.</p>