James P. Garland
A Cash-Flow Focus for Endowments and Trusts by James P. Garland (2019) is a book on our Investing shelf. James Garland argues that endowments and trusts should base spending on the cash flows their investments produce, not on market values. It suits readers interested in investing, and it is legally free from CFA Institute Research Foundation. Licence: Free to read (© CFA Institute Research Foundation).
Download free from CFA Institute Research FoundationJames Garland argues that endowments and trusts should base spending on the cash flows their investments produce, not on market values. He says this gives a more stable stream of spending.
The licence listed for this title is: Free to read (© CFA Institute Research Foundation). It is published free of charge by CFA Institute Research Foundation, and TopFreeBooks links only to that official source; we do not host the file.
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