Buffett Reveals ‘Outrageous’ Acts That Lifted College’s Endowment to $2 Billion

In a new book, Buffett reveals his delight investing on behalf of Grinnell College, largely because of his partnership with fellow trustee and friend Joe Rosenfield. He and Buffett, who hosts Berkshire Hathaway Inc.’s annual meeting this weekend, helped turn the endowment into one valued at $2 billion, behind some of the richest liberal arts colleges such as Williams, Amherst and Pomona.