<p>My guess is that when you look at 3, 5 and probably 1 year returns by next fall, the UVA portfolio will still have done better than most of our parents’. Probably worse than Harvard, Yale or Princeton, but still not bad (in relative terms). Hard to make money these days.</p>
<p>For those still wanting to be financial engineers, there is a nice article by Michael Lewis at [The</a> End of Wall Street’s Boom - National Business News - Portfolio.com](<a href=“http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom#page1]The”>http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom#page1)</p>