Word: enjoyability
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...trillion—was facilitated by the innovation of the SWIFT structure. A SWIFT is a specialized investment fund that holds a broadly diversified portfolio of wind-farm assets. These assets generate revenues that are tightly linked to the price of electricity: When electricity prices are high, SWIFTs enjoy higher revenues. SWIFTs have become expert at using customized derivatives to offset the risks associated with these revenue fluctuations, yielding net earnings that, until recently, had appeared to be virtually risk-free. They then issue short-term debt backed by these stable earnings. A typical SWIFT finances 90 percent...
This is not to say that I personally take issue with these longer, more involved types of induction processes, as my friends in other clubs seemed to greatly enjoy their initiations. For me, Grand Elections at The Crimson was one of the most enjoyable days I had at Harvard. As long as an initiation process is voluntary and legal under Massachusetts hazing law—which we were always careful to follow to the letter when I led The Crimson—the College should avoid getting involved in any organization’s activities...
...verge of graduation, I hope that the real world is like Harvard, mostly because I really like paneling and former fireplaces that are now just confused-looking bits of wall. I also enjoy falling asleep when old, distinguished men are telling me things, and I worry that my opportunities to do this post-graduation, say with my hypothetical future father-in-law at barbecues, will be limited...
...really do face first-world problems every day. It doesn’t make us bad people to be annoyed by trivialities of life. We’re only human. But if we can use these little anecdotes as red flags to remind ourselves of the goodness we enjoy and have enjoyed for four long years, they lose their triviality and become meaningful...
Braimah describes the attitude her parents have toward success as “doing something you enjoy, but making sure it makes money...