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Saturday, March 21, 2015

CURMUDGUCATION: Whitney Tilson Is Better Than You

CURMUDGUCATION: Whitney Tilson Is Better Than You:



Whitney Tilson Is Better Than You




When we're talking about the kind of hedge-fund managing, faux-Democrat, rich fat cat, anti-public ed reformsters who are driving much of the modern ed reform agenda, we're talking about guys like Whitney Tilson.

The Tilson Story 

Tilson is a walking Great Story-- his parents are educators who met while serving in the Peace Corps. Tilson's father earned a doctorate in education at Stanford, which adds the story-worthy detail that young Whitney was a participant in Stanford's famous marshmallow experiment. That's an apt biographical detail. The original interpretation of the experiment was essentially that some children are better than others because they have the right character traits. More recent follow-up research suggests that a bigger lesson is that it's a hell of a lot easier to show desired character traits when you live in a stable environment.

Tilson became a big name in the world of value investing, and he has used his gabillions to fuel the charter school world. He's a big backer of KIPP, TFA and DFER. He is nominally a liberal Democrat, but he has no love for teachers and some pretty clear dislike for their unions.

He recently surfaced in an article by The Nation about how the billionaire boys club is remaking the New York City Schools in their own chartery profit-generating image. Tilson, in his weekly-ish ed reform newsletter, dismissed the article as "a silly hatchet job" and told his own version of how a bunch of Very Rich White Guys have commandeered the biggest apple of them all.

The true story here is very simple and the opposite of sinister – it’s inspiring to me: a number of very successful New Yorkers – believing in the power of education and that every kid deserves a fair shot at the American dream, and disgusted with an educational system that does just the opposite, in which the color of your skin and your zip code pretty much determine the quality of public school a kid gets, an unjust reality that goes on, year in and year out, not because the system is broken, but because it operates just the way it’s supposed to, to serve the economic interests of the adults in the system and the political interests of the gutless weasel politicians who kowtow to them – decided to donate millions of dollars, despite having absolutely nothing to gain personally, to create a counter-weight to the status quo, in which the unions historically said “Jump!” and the governor and legislature would respond, “How high?!”

Tilson likes to characterize himself as a scrappy underdog.

I’m very proud to say that we’ve been enormously successful. Despite being outmanned, outspent
CURMUDGUCATION: Whitney Tilson Is Better Than You: