Billionaire Investor Bill Ackman Explains Why Harvard is Panicked – Their Endowment is Not Nearly as Great as People Think (VIDEO)
Earlier this month, Bill Ackman made it clear that he is on Trump’s side in his ongoing battle with Harvard. He correctly suggested that Harvard has become “a political advocacy organization for one party.”
One of the reasons why Harvard is in a panic over this fight is because their famously huge endowment is not nearly the financial powerhouse people think it is. It may be large, but it’s not liquid.
Ackman recently broke it down in a lengthy post on Twitter/X:
I believe...