<p>Trueazn, how does that conflict with what I've said? Besides the fact of course that your math is wrong and Harvard has always been the richest.</p>
<p>What do you mean "their own?" Every business has "their own" fund managers. Every mutual fund has "their own". They're able to return high numbers because Harvard produces some of the best investors who agree to manage the Harvard funds and recieve a portion of the profits. Their hedge funds play by different rules than a normal investors because of its sheer size, allowing it to have many more options that lets it slide by many regulations that smaller investors (by this I mean people with under billions of dollars) have to follow.</p>