# Professor David Yermack is interviewed about his joint research on nonprofits' investment returns

1 Faculty News November 28, 2018 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](https://www.wsj.com/articles/why-charities-do-goodbut-not-wellwith-your-money-1543402800) -- "'You could have done better just by investing in Treasurys,' Prof. Yermack said in an interview, 'and that’s pretty sorry.'"

[Read more](https://www.wsj.com/articles/why-charities-do-goodbut-not-wellwith-your-money-1543402800)