Harvard's Foreign Farmlands Prove to Be Trouble

The video discusses the investment strategies of a particular activist company and Harvard's approach to gaining an edge over its rivals by directly investing in large-scale assets like farmland. It highlights the risks and legal challenges faced due to these investments, including ongoing court battles. The video also examines the performance issues of university endowments investing in farmland and forestland, perceived as uncorrelated assets. A new team reevaluated the portfolio, leading to asset write-downs and uncovering underlying problems affecting performance.

What factors contributed to the poor performance of the investments made by the endowment?

What legal issues did the endowment face related to its investments?