{"id":5569,"date":"2009-10-19T07:00:19","date_gmt":"2009-10-19T12:00:19","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=5569"},"modified":"2009-10-18T21:34:22","modified_gmt":"2009-10-19T02:34:22","slug":"the-harvard-curse","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=5569","title":{"rendered":"The Harvard Curse"},"content":{"rendered":"

Does being an Ivy-Leaguer endow one with an intellectual reach that exceeds one’s grasp?<\/p>\n

Case in point, the storied chaps at Harvard bet their billions that they were smarter than the market: Wrong<\/p>\n

Harvard University\u2019s failed bet<\/a> that interest rates would rise cost the world\u2019s richest school at least $500 million in payments to escape derivatives that backfired.<\/p><\/blockquote>\n

Further, Barack Obama bet that his Harvard-acquired education and billions in taxpayer dollars “invested” under the guise of economic stimulus would be enough to lead a nation and create millions of new jobs: Unsurprisingly, wrong.<\/p>\n

Data published Thursday<\/a> showed contracts from the $787 billion economic stimulus created or saved 30,083 jobs…<\/p><\/blockquote>\n

And finally the highly respected Harvard graduate Matt Birk, who many thought would finish his NFL career with the Minnesota Vikings, left in favor of a substantially similar offer from the Baltimore Ravens earlier this year. Birk ostensibly bet his chances of winning the Super Bowl would be greater in Baltimore: Surprisingly, wrong.<\/p>\n

MINNEAPOLIS – As Steve Hauschka’s potential game-winning kick sailed wide left<\/a>, nearly all of the Ravens on the sideline dropped their heads in unison, feeling another last-minute punch in the gut in a season that continues to veer off course.<\/p><\/blockquote>\n

It just goes to show a Harvard education is no guarantee of success. In the now legendary words of Forest Gump’s momma: “stupid is as stupid does.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Does being an Ivy-Leaguer endow one with an intellectual reach that exceeds one’s grasp? Case in point, the storied chaps at Harvard bet their billions that they were smarter than the market: Wrong Harvard University\u2019s failed bet that interest rates would rise cost the world\u2019s richest school at least $500 million in payments to escape […]<\/p>\n","protected":false},"author":228,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,64,44,77],"tags":[],"class_list":["post-5569","post","type-post","status-publish","format-standard","hentry","category-education","category-president-obama","category-stupid","category-the-rare-sports-post"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5569"}],"version-history":[{"count":0,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5569\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5569"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}