A Summary For Failure

mbawavefan12
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A Summary For Failure

Postby mbawavefan12 » Fri Mar 10, 2017 11:23 am

1) Fball team enters the season with no D1 QB

2) BBall team enters the season with no D1 bigs

3) Baseball enters the season with one D1 catcher and zero D1 bullpen arms.

How was this allowed to happen?



Aberzombie1892
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Re: A Summary For Failure

Postby Aberzombie1892 » Fri Mar 10, 2017 12:19 pm

To venture a guess:

1. Tulane is in terrible financial condition (i.e. losing millions of dollars worth of endowment funds every year to pay for recurring expenses)
2. Tulane doesn't receive the state payments the way that public universities do (i.e. a public university could have a similar endowment but be much better off because it receives significant funds from the state - i.e. University of Oklahoma has a larger endowment by $300M + it receives money from the state). One of the faculty members that left Tulane for UVA after Katrina wrote a book in which he referenced the latter issue - that public universities with huge endowments that still received state funds were better options than private institutions unless a private institution had an extraordinary amount of money.
3. Tulane's endowment isn't large enough to guarantee that the university can meet the need of all admitted students through grants and not loans, and this is what truly distinguishes baseball programs like Rice and Vanderbilt from Tulane and it explain why they are so much better - they meet the need for all students through grants and that allows them to meet the need for baseball athletes without those athletes having to worry about a scholarship.
2. BB: Conroy was kept for too long and it had an impact on Dunleavy's tenure.
3. FB: Scelfo and Toledo were each kept for too long and that had an impact on CJ's and Fritz's tenures (CJ was kept long enough).
4. Baseball: Maybe Pierce saw the writing on the wall for this season (i.e. no postseason)?
5. Katrina and its after effects on Tulane (i.e. it likely led to the first part of (1) above).



Aberzombie1892
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Re: A Summary For Failure

Postby Aberzombie1892 » Fri Mar 10, 2017 12:31 pm

Links to Tulane endowment info:

http://www.nacubo.org/Documents/Endowme ... Values.pdf

https://en.wikipedia.org/wiki/List_of_c ... _endowment

(just open the links then Control+F and type in Tulane)

Tulane lost 4% of its endowment between 2015 and 2016, and it's now smaller than TCU/SMU/Georgetown/Tufts/U of Delaware/etc.



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Re: A Summary For Failure

Postby tpstulane » Fri Mar 10, 2017 12:36 pm

Aberzombie1892 wrote:Links to Tulane endowment info:

http://www.nacubo.org/Documents/Endowme ... Values.pdf

https://en.wikipedia.org/wiki/List_of_c ... _endowment

(just open the links then Control+F and type in Tulane)

Tulane lost 4% of its endowment between 2015 and 2016, and it's now smaller than TCU/SMU/Georgetown/Tufts/U of Delaware/etc.

Tulane needs a new investment team.
Meanwhile Saint Francis High School in Mountain View, California $$$$
http://moneybadger.stocktwits.com/schoo ... tboundteam

Saint Francis High School sold 1.4 million shares of SNAP at $17 a share. This leaves them with approximately $24 million after investing just $15,000 dollars, or a profit of approximately $23,985,000. With a tuition of $17,000 per student, this could pay for 1,411 student tuitions, nearly 80% of the school’s 1,768 students. While the private school has yet to determine just how they’ll spend their gains, this goes to show that taking a chance on a potentially popular investment like Snapchat could end up paying handsomely in the long run.


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Re: A Summary For Failure

Postby Show Me » Sun Nov 05, 2017 2:09 pm

I googled “failure” and this came up to the top of my search. :oops:



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