Richard, George (ed.) / Wisconsin alumnus
Volume 59, Number 2 (Oct. 1957)
Brittingham, Thomas E., Jr.
"Bold" investments pay off, pp. -26
"Bold" Investments Pay Off Wisconsin Alumni Research Foundation policy provides excellent returns and benefits to the University By Thomas E. Brittingham Jr., '21 RADITIONALLY, the gentle- men who handle the investment funds of U. S. colleges depend heavily on bonds and preferred stock to provide a conservative balance for their portfolios. A recent tabulation by the Boston Fund, for example, showed that as of June 30 of last year, 56 leading colleges and universities had only 56% of their total investment in common stocks (Bar- ron's, June 17). Yet, ironically, if these institutions would concentrate more heavily in corn- mon-and particularly in shares other than the market favorites-their returns would be' higher and actually more se- cure than they are today! This statement, challenging as it may be at first sight, can be substantiated by the record of the Wisconsin Alumni Re- 40 30 (A) 1947 $1UILLION WITHDRAWN FOR 'CONSTRUCTION OF UNIVERSITY HOUSES (ml |940 1.7 MILLION The dramatic growth of the Foun- dation's portfolio, and its reliance on common stocks, is graphically demonstrated in graph at right. Copyright 1957 from BARRON'S National Business and Financial Weekly
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