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Student Publications Homepage
ARTICLE CONTENTS
[Pages 391-422]
TOP OF ARTICLE
Introduction
I. The Development of MIT
A. Remarkable Initial Success
B. From Alpha to Omega
C. MIT’s Long-Term Investment Record
II. The Wellington Group
A. From Omega to Alpha
B. Enter Vanguard
C. Improved Returns in a Full-Fledged Alpha Complex
III. Alpha vs. Omega: Lower Costs and Higher Market Share
A. Tested in the Crucible
B. An Elementary Principle, Too Often Ignored
IV. It Is Time for Change
A. How to Get from Omega to Alpha
Conclusion: Structure, Strategy, and Spirit
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