Five Rotten Tomatoes - Granite Grok

Five Rotten Tomatoes

harvard“You can always tell a Harvard man, because you can’t tell him much” – the saying goes. And the longer you are around graduates of Harvard Law, at least, the truer that statement is.

Harvard lost a billion dollars investing in South American vegetables over a ten-year period. But the thought is what counts. Imagine the Harvard team strutting around backward farming villages like royalty from another dimension.

“We are from Harvard, and we are here to help you,” would be a fitting cover story.

But a billion dollars is still a billion dollars, even if you had the best of progressive intentions. And you had the best-educated investors involved. What could go wrong, after all, it was Harvard’s “Natural Resources” portfolio? Sounds PC.

But all was not “lost.”

“Alvaro Aguirre, the head of Harvard’s natural resources investment team, was paid a whopping $25 million between 2010 and 2014. Aguirre’s immediate superior, Andrew Wiltshire, was paid $38 million over a five-year span that coincided with the Brazilian investments.”

In fact, everyone associated with losing donor money was paid very well.

On May 15, The Crimson reported that several Harvard Management Company executives saw significant jumps in their compensation between 2012 and 2013.

Bonuses and increased salary were the norms for Harvard’s elite investment team. It is almost like Harvard was running their investment program like a government bureaucracy.  Funny how that works. The people getting paid never pay for their mistakes – stupid mistakes.

But then we have a comparison!

Many of the “best and brightest” of the Obama regime were Harvard graduates. And that worked out well.

Right now, you have only to look at the Mueller Team for a bunch of Harvard grads wasting money on a wild goose egg chase. In the end, everyone is left holding the bag and paying the bills, EXCEPT the Harvard men.

Maybe that is what they teach there?

“You can always tell a Harvard man because you can’t tell him much” is attributed to James Barnes, 1866-1936.

Apparently, this has been going on for some time.

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