UVA: Sorry, Alumni, We Gambled Our Endowment And Lost

Few things are more humbling than the stock market (and maybe a speed workout on a quarter mile track). Case in point: many of the big time universities with Billions in their endowments (I always wonder why people give more to those that already have so much, but I digress) have seen much of their wealth evaporate.From Clusterstock: UVA: Sorry, Alumni, We Gambled Our Endowment And Lost: "...