--- title: "Meaning & Key Takeaway of: Earning high returns isn't just a matter…" description: "\"Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as w..." image: "https://sms4smile.com/quotes/i/ec2/james-b-stewart-13507_bragging_earning-high-returns-isn-t-just-a-matter_2055817.jpg" --- # Earning high returns isn't just a matter of bragging… ![“Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.” quote by James B. Stewart](https://sms4smile.com/quotes/i/ec2/james-b-stewart-13507_bragging_earning-high-returns-isn-t-just-a-matter_2055817.jpg) [Download](https://sms4smile.com/quotes/i/ec2/james-b-stewart-13507_bragging_earning-high-returns-isn-t-just-a-matter_2055817.jpg) [Open image](https://sms4smile.com/quotes/i/ec2/james-b-stewart-13507_bragging_earning-high-returns-isn-t-just-a-matter_2055817.jpg) > “Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.” [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. High returns fund nonprofit missions, linking finance to social impact. **In simple terms:** Investments support charitable goals. Key Takeaway Leverage returns for social good. Themes finance nonprofit impact investing education social programs Mood cautious optimistic Type financial philanthropic When to use this quote - foundation endowment - grant making - college funding - social entrepreneurship Key Concepts economics philanthropy Questions to Reflect On - How can nonprofits mitigate financial risk? - What ethical considerations arise? A Different Perspective Market volatility can threaten mission funding. ★ ★ ★ ★ ★ No ratings yet [Bragging](https://sms4smile.com/quotes/about/bragging/) [Bragging rights](https://sms4smile.com/quotes/about/bragging-rights/) [College](https://sms4smile.com/quotes/about/college/) [Education](https://sms4smile.com/quotes/about/education/) [Endowment](https://sms4smile.com/quotes/about/endowment/) [Endowment Income](https://sms4smile.com/quotes/about/endowment-income-3896393/) [High](https://sms4smile.com/quotes/about/high/) [High Returns](https://sms4smile.com/quotes/about/high-returns-701487/) [Income Supports](https://sms4smile.com/quotes/about/income-supports-3896395/) [Many](https://sms4smile.com/quotes/about/many/) [Rights Endowment](https://sms4smile.com/quotes/about/rights-endowment-3896394/) ## Related quotes > [“In other words, it is the amount of money that colleges and universities can get—from tuition, endowment income, donations, etc.—which determines how much their…](https://sms4smile.com/quotes/thomas-sowell/in-other-words-it-is-the-amount-of-money-that-colleges-and/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That…](https://sms4smile.com/quotes/warren-buffett/the-ideal-business-is-one-that-earns-very-high-returns-on-capital-and-2/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“He had reached the outer limits of what Fun, capital F, could do for him. The cost was way too high, the returns pitifully…](https://sms4smile.com/quotes/lev-grossman/he-had-reached-the-outer-limits-of-what-fun-capital-f-could-do-for/) [Lev Grossman](https://sms4smile.com/quotes/author/lev-grossman/) > [ The goal \[is\] not only to earn high returns at the top of the cycle but also to avoid giving them back at the… ](https://sms4smile.com/quotes/duff-mcdonald/the-goal-is-not-only-to-earn-high-returns-at-the-top-of-the-cycle-but/) [Duff McDonald](https://sms4smile.com/quotes/author/duff-mcdonald/) > [I think there's an awful lot of twaddle and bullshit on EVA. The whole game is to turn retained earnings into more earnings. EVA…](https://sms4smile.com/quotes/charlie-munger/i-think-there-s-an-awful-lot-of-twaddle-and-bullshit-on-eva-the-whole/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [“Looking back on getting fired from Apple in 1985, Steve Jobs said, “It was awful-tasting medicine, but I guess the patient needed it. Sometimes…](https://sms4smile.com/quotes/ray-dalio/looking-back-on-getting-fired-from-apple-in-1985-steve-jobs-said-it/) [Ray Dalio](https://sms4smile.com/quotes/author/ray-dalio/) > [There is no such thing as high returns without risk.](https://sms4smile.com/quotes/gerry-schwartz/there-is-no-such-thing-as-high-returns-without-risk/) [Gerry Schwartz](https://sms4smile.com/quotes/author/gerry-schwartz/) > [“The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That…](https://sms4smile.com/quotes/alice-schroeder/the-ideal-business-is-one-that-earns-very-high-returns-on-capital-and/) [Alice Schroeder](https://sms4smile.com/quotes/author/alice-schroeder/) > [Hard work leads to low returns. Insight and doing what we want lead to high returns.](https://sms4smile.com/quotes/richard-koch/hard-work-leads-to-low-returns-insight-and-doing-what-we-want-lead-to/) [Richard Koch](https://sms4smile.com/quotes/author/richard-koch/) > [There are a few investment managers, of course, who are very good - though in the short run, it's difficult to determine whether a…](https://sms4smile.com/quotes/warren-buffett/there-are-a-few-investment-managers-of-course-who-are-very-good/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.](https://sms4smile.com/quotes/warren-buffett/as-an-investor-with-small-capital-one-should-prefer-businesses-that/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [If I were to be super critical, I would say Formula One is too tactical and not strategic enough. And that brings us back…](https://sms4smile.com/quotes/martin-sorrell/if-i-were-to-be-super-critical-i-would-say-formula-one-is-too/) [Martin Sorrell](https://sms4smile.com/quotes/author/martin-sorrell/) > [A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities.…](https://sms4smile.com/quotes/perianne-boring/a-new-product-technology-or-innovation-such-as-bitcoin-has-the/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are high, your…](https://sms4smile.com/quotes/barry-ritholtz/what-you-pay-for-an-investment-is-the-single-biggest-determinant-for/) [Barry Ritholtz](https://sms4smile.com/quotes/author/barry-ritholtz/) > [“Don't ever brag about the funds(money) of your parents because they might leave wuth it when their time comes instead strive to make yours…](https://sms4smile.com/quotes/chuka-osa-afiana/don-t-ever-brag-about-the-funds-money-of-your-parents-because-they/) [Chuka Osa-Afiana](https://sms4smile.com/quotes/author/chuka-osa-afiana/) ## More by James B. Stewart > [Amazon and Snap both have stories that are compelling for many investors: Amazon has transformed retailing and is destined to dominate it. Snap is…](https://sms4smile.com/quotes/james-b-stewart/amazon-and-snap-both-have-stories-that-are-compelling-for-many/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [The A.M.T. is much reviled by tax experts across the political spectrum for its unintended consequences and fiendish complexity.](https://sms4smile.com/quotes/james-b-stewart/the-a-m-t-is-much-reviled-by-tax-experts-across-the-political/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Almost everyone agrees that corporate tax rates need to be cut because of global competition. Companies should not be able to stash earnings overseas…](https://sms4smile.com/quotes/james-b-stewart/almost-everyone-agrees-that-corporate-tax-rates-need-to-be-cut/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Under Armour's success depends in part on endorsements from celebrity athletes, many of whom - like Stephen Curry, the basketball star - are African-American.](https://sms4smile.com/quotes/james-b-stewart/under-armour-s-success-depends-in-part-on-endorsements-from-celebrity/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [The appreciation of capital assets is already taxed at an extremely favorable rate compared to labor. That's why the rich pay such a low…](https://sms4smile.com/quotes/james-b-stewart/the-appreciation-of-capital-assets-is-already-taxed-at-an-extremely/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Advocates of a tax overhaul often point to the 1986 act as a model for a comprehensive approach that ushered in a long period…](https://sms4smile.com/quotes/james-b-stewart/advocates-of-a-tax-overhaul-often-point-to-the-1986-act-as-a-model/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [As in many cities, Uber has disrupted powerful interests in London, starting with the drivers of black cabs, who trace their lineage to 1634,…](https://sms4smile.com/quotes/james-b-stewart/as-in-many-cities-uber-has-disrupted-powerful-interests-in-london/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [I'm hardly a smartphone addict. I rarely look at social media.](https://sms4smile.com/quotes/james-b-stewart/i-m-hardly-a-smartphone-addict-i-rarely-look-at-social-media/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Republicans seem to be gambling that most Americans won't care about a few rich private equity managers if their own taxes go down, their…](https://sms4smile.com/quotes/james-b-stewart/republicans-seem-to-be-gambling-that-most-americans-won-t-care-about/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [The idea that content is king has long rested on the notion that distribution - in whatever form it takes - is a low-margin…](https://sms4smile.com/quotes/james-b-stewart/the-idea-that-content-is-king-has-long-rested-on-the-notion-that/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Like or loathe Donald J. Trump, you have to give him this: He's done more to shine a spotlight on the loopholes and fundamental…](https://sms4smile.com/quotes/james-b-stewart/like-or-loathe-donald-j-trump-you-have-to-give-him-this-he-s-done/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [Losses from partnerships and limited-liability companies, the entities through which the Trumps report much of their income, do not have to be added back…](https://sms4smile.com/quotes/james-b-stewart/losses-from-partnerships-and-limited-liability-companies-the-entities/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [My experience bears out an adage about airlines: People almost always opt for convenience and price, even while complaining loudly about crowded planes and…](https://sms4smile.com/quotes/james-b-stewart/my-experience-bears-out-an-adage-about-airlines-people-almost-always/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [The real estate lobby has prominent allies in both parties. After the last major overhaul of the tax code, in 1986 - under a…](https://sms4smile.com/quotes/james-b-stewart/the-real-estate-lobby-has-prominent-allies-in-both-parties-after-the/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) > [It's often said that the most important qualities in a chief executive are character and judgment.](https://sms4smile.com/quotes/james-b-stewart/it-s-often-said-that-the-most-important-qualities-in-a-chief/) [James B. Stewart](https://sms4smile.com/quotes/author/james-b-stewart/) [Explore all 50 James B. Stewart quotes ](https://sms4smile.com/quotes/author/james-b-stewart/) ## More Bragging quotes > [“A session of boasting won't attract any real friends.  It will set you up on a pedestal, however, making you a clearer target.”](https://sms4smile.com/quotes/richelle-e-goodrich/a-session-of-boasting-won-t-attract-any-real-friends-it-will-set-you/) [Richelle E. Goodrich](https://sms4smile.com/quotes/author/richelle-e-goodrich/) > [Yeah I took the spot she gone POOF](https://sms4smile.com/quotes/nicki-minaj/yeah-i-took-the-spot-she-gone-poof/) [Nicki Minaj](https://sms4smile.com/quotes/author/nicki-minaj/) > [For God hates utterly the bray of bragging tongues.](https://sms4smile.com/quotes/sophocles/for-god-hates-utterly-the-bray-of-bragging-tongues/) [Sophocles](https://sms4smile.com/quotes/author/sophocles/) > [“I wasn't above bragging. Besides, I was damn proud of myself.”](https://sms4smile.com/quotes/megan-duncan/i-wasn-t-above-bragging-besides-i-was-damn-proud-of-myself/) [Megan Duncan](https://sms4smile.com/quotes/author/megan-duncan/) > [To be robbed and betrayed by a fiendish underground conspiracy, or by the earthly agents of Satan, is at least a romantic sort of…](https://sms4smile.com/quotes/matt-taibbi/to-be-robbed-and-betrayed-by-a-fiendish-underground-conspiracy-or-by/) [Matt Taibbi](https://sms4smile.com/quotes/author/matt-taibbi/) > [“Don't ever brag about the funds(money) of your parents because they might leave wuth it when their time comes instead strive to make yours…](https://sms4smile.com/quotes/chuka-osa-afiana/don-t-ever-brag-about-the-funds-money-of-your-parents-because-they/) [Chuka Osa-Afiana](https://sms4smile.com/quotes/author/chuka-osa-afiana/) > [I'm better when I'm an autodidact and things just come. Or you're just blessed. I'm not bragging or anything, it just comes to you.](https://sms4smile.com/quotes/stephen-malkmus/i-m-better-when-i-m-an-autodidact-and-things-just-come-or-you-re-just/) [Stephen Malkmus](https://sms4smile.com/quotes/author/stephen-malkmus/) > [It's those that has never been confronted with a life threatening situation that usually boast of their bravery to high heavens!!](https://sms4smile.com/quotes/kemmy-nola/it-s-those-that-has-never-been-confronted-with-a-life-threatening/) [Kemmy Nola](https://sms4smile.com/quotes/author/kemmy-nola/) > [There's never a benefit to bragging too much about a deal because the only sure thing is that I'm probably going to be dealing…](https://sms4smile.com/quotes/leigh-steinberg/there-s-never-a-benefit-to-bragging-too-much-about-a-deal-because-the/) [Leigh Steinberg](https://sms4smile.com/quotes/author/leigh-steinberg/) > [Pink Friday Eminem 8 Mile It must hurt to sell your album on Paypal](https://sms4smile.com/quotes/nicki-minaj/pink-friday-eminem-8-mile-it-must-hurt-to-sell-your-album-on-paypal/) [Nicki Minaj](https://sms4smile.com/quotes/author/nicki-minaj/) > [What was once a comparatively minor threat - people hacking for fun or for bragging rights - has turned into full-blown economic espionage and…](https://sms4smile.com/quotes/christopher-a-wray/what-was-once-a-comparatively-minor-threat-people-hacking-for-fun-or/) [Christopher A. Wray](https://sms4smile.com/quotes/author/christopher-a-wray/) > [Honesty is about the scars. It's about the blemishes. But it's more than just bragging about failure, which could be a form of ego.…](https://sms4smile.com/quotes/james-altucher/honesty-is-about-the-scars-it-s-about-the-blemishes-but-it-s-more/) [James Altucher](https://sms4smile.com/quotes/author/james-altucher/) > [To those that brag: Brag about the things you have worked hard for to achieve.. Don't brag about your parents success.. They worked their…](https://sms4smile.com/quotes/reelow-leesah/to-those-that-brag-brag-about-the-things-you-have-worked-hard-for-to/) [ReeLow LeeSah](https://sms4smile.com/quotes/author/reelow-leesah/) > [2010 Foursquare Mayor Of The Year](https://sms4smile.com/quotes/baratunde-thurston/2010-foursquare-mayor-of-the-year/) [Baratunde Thurston](https://sms4smile.com/quotes/author/baratunde-thurston/) > [I mean we cant even rock them shoes if it dont got a comma on the price tag ya know. I mean.. I mean…](https://sms4smile.com/quotes/nicki-minaj/i-mean-we-cant-even-rock-them-shoes-if-it-dont-got-a-comma-on-the/) [Nicki Minaj](https://sms4smile.com/quotes/author/nicki-minaj/) [Browse all 383 Bragging quotes ](https://sms4smile.com/quotes/about/bragging/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Earning high returns isn't just a matter of bragging rights - endowment income supports the missions of nonprofit institutions, whether education, as with college and universities, or broader social programs, as at many private foundations.", "creator": { "@type": "Person", "name": "James B. 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