April 14, 2020
What Can We Learn from the Last Recession?
The current market environment has caused many to reflect on the Great Financial Crisis. Mike Pagliaro, an Investment Officer at Hirtle Callaghan, talked with John Griffith about his experiences as the Chief Financial Officer and Treasurer of Bryn Mawr College during that time period. They discussed what John learned from his endowment experience in 2008 and what endowments and foundations should be doing now to position themselves for long-term success. John recommends that institutions adopt the mindset of a perpetual institution and make decisions now that will support their organization for the next 100 years.