Trade Like Harvard University

The investment arm of Harvard's endowment fund likes such stocks as Foundry Networks and Corn Products International.
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Parents of college-bound students are constantly being hit with the news that the cost of higher education is rising faster than the rate of inflation. So how are colleges doing?

You would think that universities would have the best minds working on their investments. Perhaps yet another testament to the unpredictability and volatility of the current market environment, it was recently announced that the

Harvard Endowment Fund

, the largest endowment of all universities, lost $8 billion during the first few months of the school year. tracks the endowment funds of major universities, including

Harvard Management Company

, an investment arm of the Harvard University's Endowment Fund. Although the endowment has recently taken a hit along with most mutual funds and hedge funds, it had reported an average annual return of 21% from 1990 to 2005.

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