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Admin swears parlays will start hitting after draining endowment
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Admin swears parlays will start hitting after draining endowment
Lafayette College announced Wednesday that the entirety of its $1.2 billion endowment has been lost, eaten up by a couple of bets on the prediction market app Kalshi. The finance division confirmed that Chief Investment Officer Krishna Memoney placed half of the endowment on whether it would rain in Phoenix on Tuesday and half on the over on views for MrBeast’s latest video, “30 Mukbangers Vs World’s Strongest Pregnant Beggar.” Memoney described…
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