<p>That 5-10 year timeframe may be accelerated given that Yale will now be awash in money. Harvard, Princeton and others already spend a larger fraction of their endowment, so they won’t be able to match Yale’s move.</p>
<p>That 5-10 year timeframe may be accelerated given that Yale will now be awash in money. Harvard, Princeton and others already spend a larger fraction of their endowment, so they won’t be able to match Yale’s move.</p>