This is Emotional Investment, Joel Anderson’s column about money and how we think about it. To suggest a subject, or get in touch, email [email protected]. For weeks, I was keeping track of the major donors who had threatened to cut off their financial contributions to their colleges amid escalating conflicts over the protests around Israel’s war in Gaza and concerns about rising antisemitism on campuses. It happened most notably (and predictably) at Harvard, where billionaire hedge fund manager Bill Ackman led the charge to oust Harvard’s first Black president, Claudine Gay. A nonprofit tied to former Victoria’s Secret founder Leslie...