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170, school endowment fund

 After seeing off Li Te and others, Xu Shengzhou sat alone in the conference room for a long time.

It has been a year or two since I took over the school. At first I felt that nothing about the school was pleasing to the eye, so I made drastic changes and started demolition and construction. So far, the school has solved the problems of aging campus facilities, lagging infrastructure, unreasonable functional zoning, etc. through land replacement.

Despite the remaining problems, we don’t have to worry about enrollment or funding in the short term. Moreover, we are well-known in the private higher education circles in Jinling and even Jiangnan, and our teachers and students have a completely new outlook on life.

Many people say that the school's development has entered a fast lane.

But Xu Shengzhou has a clear feeling that the development of the school has reached a bottleneck period. Development is fast now, but if the direction is wrong, death will be fast!

Take the construction of the teaching staff, for example. When he first took over the school, he felt that "all the civil and military officials in the dynasty were rats", so he laid off nearly half of the teaching staff in one fell swoop. Was he doing the right thing? Of course, this was assigned by the system boss.

Mission, right or wrong!

But when he was laying off employees, he was still a rookie and had no idea where to recruit people to fill the hole. What to do? The two options he thought of at the time were to find part-time teachers from nearby universities and to recruit a large number of full-time graduate students.

The two-pronged approach has indeed solved the urgent need, but looking back now, the side effects are equally obvious.

Part-time teachers come here just for money, and those who can work part-time in private colleges are generally not very good, and there is no talk of teaching quality.

And when recruiting postgraduate students, they are a bit picky and picky. Although some people are very good, most of them have mediocre qualifications and average abilities. They are leftovers selected by other units and can only go to private colleges and universities.

Eat a bowl of rice, then lie down and die. Or, like Li Te, just borrow a shell for a while and make quick money. How much role can these people play in improving the school's teaching and research capabilities?

In the past two years, the school's teacher construction, the only remarkable work is the introduction of high-end talents. Specifically, it has introduced 2 outstanding young people, 3 Yangtze River Distinguished Talents, and 1 outstanding young person on a full-time basis - which is what Chen Kangyan said before

, the person who is engaged in the precise diagnosis of cellular mechanisms and multi-modal brain imaging of neuropsychiatric diseases at Jinxi Medical University is called Wang Shuli, and he just reported to the school not long ago.

This number is just drizzle for 985 universities.

For ordinary public local undergraduate colleges, this is already considered a ceiling.

And if you put it on private colleges and universities, it will be very explosive! The effect is no less than the boss selling duck rice telling you that he has 10 buildings in his house to collect rent. (Note, it is not 10 suites, it is 10 buildings.

Each building has 7 floors and 4 households per floor!) To this day, even Jinling University next door, which is a member of C9, is so frightened by the tyrannical big business that it tightly covers its pockets.

But objectively speaking, many of these talents introduced by the school are looking for huge annual salaries to provide for their retirement. They have passed the golden age of innovation and creation and are no longer suitable for scientific research. The only thing worth valuing is what they gained when they were young.

Talent title.

But knowing that he is here to make money, you are reluctant to refuse.

This is the sadness and helplessness of all licking dogs (wrongly written, crossed out, it should be "third- and fourth-rate colleges").

Truly qualified teachers still need to be cultivated by themselves. After all, the one who suits you is the best. Thinking of this, Xu Shengzhou secretly made up his mind that the new teachers recruited in the past two years must be strengthened when their contracts expire. Those who are capable and willing to work hard will

, focus on training. Those who are just waiting to die and do not do their job properly will be fired. Even if it is to fire half of the school's faculty and staff, it will not be a pity! Now that the school's reputation is gradually increasing, and the treatment is generous, there is no need to worry about recruiting new people. This goes on and on.

The waves are rushing through the sand, and in the near future, the teaching team will finally be fully matched with the best and the strongest!

By the way, when I recruit new people in the future, my newly acquired ability of "intermediate extraordinary academic vision" can be of great use. When the time comes, I will just go through the papers of the domestic undergraduates and undergraduates, and maybe I can pick them out.

Some unknown geniuses.

——Well, the only drawback is that it costs experience points.

It is said that aircraft carriers consume fuel, and can burn 25 tons of heavy oil in one hour, which is only 70,000 to 80,000 yuan. Xu Shengzhou turned on the "intermediate extraordinary academic vision" and consumed 3,000 points in one minute, which is 180,000 points in one hour.

.If 1 yuan can be exchanged for 1 point, Xu Shengzhou would exchange it for hundreds of millions no matter what!

An intermediate academic paper only costs 100,000 points!

From then on, he will be able to achieve "thesis freedom", and each article can be published in the "Four Major". He can definitely imitate the young master of the Tang family and update it every day for ten consecutive years. Compared with that Ji Geng,

Nian Geng, the old father-in-law He is too strong!

Just when Xu Shengzhou's thoughts were as scattered as seaweed, Huang Gaohua pushed the door open and looked around a few times before saying: "Why are you hiding here alone? I called you and turned off the phone. When I went to your office, no one was there. I still

I only found out you were here after asking Shi Xinke. Are you going to retreat?"

Xu Shengzhou said: "I am hiding from peace!"

"Who is bothering you? Wen Lixiang?"

Xu Shengzhou sighed: "It's not like those uncles in the capital! You don't know that not only are they more powerful, but they also have better appetites than the last! Last time I saw "Yongle Dadian" and "Sikuquanshu", I wanted to keep it for you.

The first time I saw those famous paintings and they wanted me to donate them, I was like a lion. If I can’t offend them, why can’t I hide them? So I made the wrong call and then hid them.”

Huang Gaohua nodded to express his understanding: "Yesterday I also heard that people from the National Museum and the Cultural Relics Appraisal Committee were coming. I thought they were here to cheer me up, but it turns out they are here to pick fruits."

Xu Shengzhou accidentally took a look at Huang Gaohua, and suddenly found that he was very haggard. Not only was his stubble very obvious, but he also had dark circles under his eyes. Is this because he is trapped in love, or is an older single man being forced to marry by his family? So he pretended to ask casually: "

Gao Hua, have you been busy at work recently?"

"Ah? Work? Well, I'm a little busy."

Xu Shengzhou kindly advised: "Work is important, but your health is even more important. If you feel tired, you can take annual leave, family leave or something like that. I am using it for personal gain and will give you a longer time to go out and relax."

"Yes, yes, I want to take some time to take annual leave." Huang Gaohua hesitated for a moment before summoning the courage to ask: "Principal Xu, have you heard of the school endowment fund?"

Xu Shengzhou glared at him angrily: "There are only two of us here, and you are still so serious. Do I have to call you Director Huang? - Of course I have heard of the school endowment fund. Our alma mater has one."

?As an alumnus, I even donated 50 yuan to it, which is a small contribution."

Huang Gaohua said: "What you are talking about is an education foundation. It mainly serves as a platform for school fund-raising and running, and centrally manages donations from all walks of life to the school. I said it is a school endowment fund, which is similar to a sovereign wealth fund. It is held by the school and used by the school.

The kind that focuses on market-oriented investment to generate higher returns. There are relatively few in China, but foreign universities basically have their own funds."

Xu Shengzhou suddenly remembered the "List of Famous American Universities" he had read before, and it did mention a few words: "For example, the Stanford Endowment Fund? I have seen it in a book. It is said that the scale of the fund reaches 30 to 40 billion U.S. dollars. It is really rich.

Oil flow."

Huang Gaohua said: "The largest one is Harvard, with an amount of more than 50 billion!"

Xu Shengzhou gritted his teeth in envy: "You are so rich! Gao Hua, when are we going to the United States to beat up these rich people and divide their land among the local tycoons?"

Huang Gaohua finally laughed, pointed at Xu Shengzhou and said, "Have you ever thought that in the eyes of many people, you are the tyrant bully who needs to be knocked down?"

The wealthy bully who owns a campus of ten thousand acres and has billions on his account turned his head and thought: "It's true! - But why are you bringing this up?"

Huang Gaohua explained: "Because our school still has nearly 3 billion in cash sitting in bank accounts gathering dust! Have you ever heard the saying, 'If you don't manage your finances, the finances will ignore you'?"

Xu Shengzhou smacked his lips: "Huh? Why do you sound like someone who sells insurance or financial products?"

Ever since land prices east of Mugao Mountain rose rapidly, Xu Shengzhou received such calls every day for a period of time, asking for mortgages, loans, and funds. His ears were almost bruised, and they all sounded like this!
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Huang Gaohua rubbed his nose awkwardly: "The point is, this makes sense! Just like we have so much cash accumulated in bank accounts, but now the bank's one-year deposit interest rate is only 1.5-2%. If we take it

What about buying treasury bonds? The annual yield becomes 4-5%. The annual interest gap between the two is tens of millions, which is enough to maintain the daily operation of the school!"

Xu Shengzhou was shocked: "So much difference?!"

"That's right! The key point is that even if we don't move the money, the money will be invested by the bank, but they will just make the difference in price!"

Xu Shengzhou suddenly jumped up in pain: "Ah?! Didn't it cost hundreds of millions in those two years? I didn't even get a share of the money, even if it was 30-70! These worms and vampires should be sent to target practice!

Send it to the northwest to plant trees!"

Huang Gaohua took another dose of strong medicine: "Actually, this is nothing. Like the Stanford endowment fund you just mentioned, the average annual return on investment is between 30-40%. And the endowment funds of MIT and Brown University

, the average annual return on investment can reach 40-50%!"

Xu Shengzhou's face was full of disbelief: "So many? Did they use the money to lend money to loan sharks?"

Huang Gaohua laughed again: "They can earn so much mainly due to the rise of the stock market and the outstanding performance of venture capital and private equity investments. I think our school can also set up an endowment fund for investment, and the income will not be 50%

, let alone 30%, as long as it is between 10-20%, it can beat inflation and provide important financial support for schools."

Xu Shengzhou was a little moved, but he quickly reacted: "Invest in the stock market? Engage in venture capital or private equity? Doesn't that mean there will be profits and losses? You may even lose all your losses?"

There is no way. Our country's stock market is just like Asan's missile. It focuses on doing whatever you want and is completely unreasonable. If others rise, it will not necessarily rise. If others fall, it will definitely fall with it. It is said that as long as you don't lose money, you are already good.

Outperformed more than 80% of investors. If you invest your money in the stock market, do you believe that the school will have to cede land, pay compensation, and fix loopholes next year?

"Well, it is indeed possible to lose money——"

"Forget it then!" Xu Shengzhou's deep-rooted small farmer mentality suddenly broke out.

Huang Gaohua quickly stopped Xu Shengzhou from getting up: "We can hold some stocks with steady growth and stable income! Even buying treasury bonds! It is better than leaving money in the bank to let go! - Otherwise, most of our deposits will not be

Let’s take action. First, use 500 million to set up a fund to test the waters. Is that okay?”

Seeing Huang Gaohua's anxious face, Xu Shengzhou couldn't help laughing: "Why are you so anxious?"

"Then 300 million!"

"Two hundred million!" Xu Shengzhou also wanted to see the effect. After all, the system boss has not jumped out to object until now. If he loses, it will be regarded as one less draw. "But you have to draw up a charter first. It's best to
Chapter completed!
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