Word: mix
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...going to see improvement in the world economies, financial markets, and endowment performance is very much an unknown,” Mendillo says. “But we know that eventually things will improve, and the way we have the portfolio positioned—the set of strategies, the mix of investments—we know that we’ll benefit from that improvement.”LURED TO FINANCESeated in her office beside HMC’s expansive main trading floor, Mendillo says that her current post represents “the pinnacle of the career path?...
...with a touch of humor, joking “I just want to make it absolutely clear that I was at Citigroup 10 years ago,” referencing the financial services company that had to be bailed out by the federal government last year. His speech included a mix of practical career advice and reflections upon what it means to be a responsible and ethical business leader. He encouraged the graduating students to be true to themselves, to cut across hierarchies in their business relationships, and, most of all, to exercise humility. “If you want...
...Letter to the Harvard Community on Allston Planning dedicated only a brief, vague paragraph to the costs that would be incurred (a to-be-defined “formidable financing challenge”). Subsequent letters were similarly quiet on the subject.BORROWING TO BUILDIn most cases, Harvard uses a mix of debt, philanthropy, and University resources for capital construction—a financing scheme the University intends to follow in Allston, according to Chief Financial Officer Dan Shore. But concerned that Harvard was lagging behind its peers in scientific prowess, Summers-era administrators made expedience their goal—planning...
...optimizing the balance of qualitative and quantitative insight. The uncertainty surrounding such topics can deter students by their sheer difficulty, even if they may yield more interesting or informative answers.“The ‘arty’ part of it—how can you mix data and judgment—that’s a hard topic,” Stein says.COMMON SENSEAcademicians are increasingly echoing the public call to embrace “common sense” as a reality check when models output projections that suggest untenable growth.“I think we?...
...very open, loves to mix it up in terms of thoughts and ideas, and I think one thing that people have sometimes misunderstood is the true secret of his success,” Sloan said. “It’s comical to him when people discuss some elaborate calculus behind his actions because that’s just not who he is. The irony of it all is that he’s been very successful because he genuinely cares about the public...