The UO foundation already invests in the stock market.  Apparently, UO wants to invest actual operating funds in the market before they are spent.  One might assume that UO as a state institution is not hoarding money.  It should spend every year what it takes in.  Short term investing is very dangerous as one cannot ride out market downturns.  Over the last 16 years, the market has only risen 30-40% (referenced against market peak in 2000).  The days of 8-10 percent return annually have not been seen in some time.  If the market crashes and the UO must liquidate its holdings, who picks up the tab?  I will vote against the measure.