The question we will ask

UCLA is touting its new Westwood Technology Transfer (WTT) enterprise that is going to invest in campus-generated technology.

As we have noted in prior posts, this entity can be seen as part of a larger UC-wide move towards a more "active" investment strategy on the assumption that over the long term, such active management of funds will produce a higher return than a passive approach to investing.

At the end of the day, however, there is only one question we will ask.  Are the returns in fact higher than would have otherwise been achieved.

It's a simple question: