Interesting not surprising - U Of Texas has Yale in the dustU Of Texas Endowment Blows Past Yale, Challenges Harvard As Richest In Nation, Thanks To Oil Investments
https://www.energyexch.com/news/1174992-u-of-texas-endowment-blows-past-yale-challenges While ivy league universities like Harvard are busy virtue signaling about how they won't be including fossil fuel investments in their endowments, one university has been ignoring the ESG pressure - and has seen its endowment rise to the second largest in the nation as a result. In fact, not only is the University of Texas ignoring ESG guidelines in their investments, they actually "make about $6 million off a mineral-rich swath of land [they] manage in the US’s largest oil field," Bloomberg wrote this week. It leases the land to drillers, including ConocoPhillips, Continental Resources, and about 250 other oil