A bludgeoning victory in the season’s final road game
Happy hookup: Having beaten Columbia’s Will Allen, Harvard junior wide receiver Jack Cook waits for the pass from senior quarterback Tom Stewart. Cook made the grab and then dashed to the end zone for the longest touchdown pass in Crimson history—92 yards. Photograph by Tim O'Meara/The Harvard Crimson
Harvard junior defensive lineman Kelvin Apari pressures Dartmouth’s designated passing quarterback, Derek Kyler. The Big Green tried only 11 passes, completing four for 49 yards. Photograph by Tim O’Meara/The Harvard Crimson
Since Harvard Management Company established its current, highly diversified asset mix and investment strategies for the endowment in 1991, financial returns have been strongand handsomely ahead of market results in general. The annualized rate of return for the past five years (even including the losses in fiscal years 2001 and 2002) is 11.8 percentmore than twice market benchmarks. For the past decade, the annualized rate of return has been 15.9 percent, 4 points more than market returns.