TLG was extremely responsive to our goals, limited resources and aggressive timeline, and their flexibility and understanding of all of our needs proved invaluable. I often had the feeling CTCL was their only client!

— Virginia Buege
Former Project Director
Colleges That Change Lives
www.ctcl.com

The Blog Archives: September 2008

Swimming naked

Posted September 24th, 2008, by John L.

Today’s Wall Street Journal had an article that included one of Warren Buffett’s famous quotes: “Only when the tide goes out do you discover who has been swimming naked.” The Oracle of Omaha’s quote is obviously pertinent to today’s financial marketplace, but it has relevance to higher education too. These days the tide is low and there is lots of institutional exposure to very real market conditions. And unfortunately, the combination of individuals and institutions swimming naked during the past several decades may mean fewer swimmers in the near future.