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Malcolm Gladwell unloads on Yale for reportedly paying $480 million to hedge fund managers last year
Malcolm Gladwell unloads on Yale for reportedly paying $480 million to hedge fund managers last year
Abby JacksonAug 20, 2015, 01:43 IST
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Malcolm Gladwell is lashing out at Yale University for what he says is exorbitant spending on hedge fund management fees.
In a series of tweets on Wednesday, he cited a New York Times op-ed to attack the Ivy League school for supposedly paying excessive fees to hedge funds that manage Yale's endowment, while spending a fraction of the amount on students.