December 13, 2007

YALE’S REALLY RICH. TOM SMITH OBSERVES: “I have thought of asking Yale to stop writing and asking me for money. But why should I? I like getting the letters. They fill me with a kind of awe. They remind me that greatness comes to those who dare to ask for more than anyone can possibly think they deserve. They fascinate me. What can they possibly say to make me think I should send what $50, $100? to the people who are making 28% a year on $22.5 Billion? They say they need the money, which cannot be true, except in the sense of me and the beggar. I am astonished.”

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