Insightful.

Thanks, this is a very clear answer. Couldn’t the school then just use a portion (or all) or annual returns on the endowment to help? If that $4bn earns 5% per year (which is probably even a bit conservative), they could pay off $200m per year in principal per year and cut interest in half. Or are there limitations on…

The labor wars in sports in the 2020's are gonna be a bloodbath. That giant whooshing sound you hear is money fleeing cable at a rapidly accelerating rate. When rights deals expire in the next decade, the tv stations will pass the decreased revenue to the leagues. Who of course will pass it on to the players. The…

Endowments come in all shapes and sizes. Frequently, those funds are earmarked by donors for specific purposes e.g. to provide a scholarship for left-handed red-heads who live within walking distance of a 7-11 or to pay the salary of a particular department chair. There are some donations that are just randomly to the…

Ultimate frisbee will be the last sport to be dropped.

Cal Berkeley’s endowment is current just over $4bn. Couldn’t the school use funds from the endowment to pay off some or all of the principal, thereby limiting interest expense?

At this point he knows how to weather the storm, the consequences have always blown over eventually.

Not the first time Brian Kelly has made questionable calls on a windy day.

He’s always had issues with the wind.

He wasn’t absent when he decided to keep throwing the ball in a hurricane against a bad team when running the ball would’ve likely won the damn game.

I understand that. But to do it LIVE is impressive.

That’s some strong telestrator game there.

In the video at about :40 they show it straight on. The ball is closer to ter Stegen than the post

It means sending the ball into the upper corner of the goal. When a keeper is standing in the centre of the goal area, it’s the hardest part to reach to save.

I assume that was somewhere around the 19th minute of that fucking beach scene. I would’ve answered a call from anyone at that point.

This is my Tiger Woods take. And you’re free to shit all over it, but I stand by it.
Tiger’s downfall was getting married. As soon as that engagement was announced, Derek Jeter should have had a goddamn intervention for him.
Tiger was banging cocktail waitresses two at a time and racking up majors at similarly steady…

And Dilaudid is the hardest shit listed there.

Dilaudid is no joke either. It’s the first non-injected drug they give people recovering from joint replacements.

Judging by his drug cocktail, I take “unexpected reaction” to mean “not dead”.