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Harvard’s endowment—which funded 38 percent of the University’s operating budget in 2009—fell from $37 billion to $26 billion this past year. Harvard and its peer institutions have been criticized for their investment strategies, which rely heavily on hedge funds, private equity firms, and illiquid assets...
...With the violence showing no signs of dissipating, Buddhist civilian militias patrol potentially dangerous street junctions or congregate in temple grounds where they peer through monsoon downpours with shotguns at the ready. One morning at the temple of Chang Hai Tok village in Pattani province, a batch of Iron Ladies, outfitted all in black, runs through military exercises. Surveying the training from behind a trio of Buddha statues, 60-year-old abbot Pracharoonkittisophano shrugs his shoulders when asked whether women twirling rifles, along with a shooting range behind his sleeping quarters, elicits any spiritual discomfort. "Guns are normal things...
Perhaps there is nothing concrete, no policy point or direct action item. But for me, when I acknowledged how competitive things actually are, my outlook shifted. Realizing the motivation of the snideness helped remove it from my psychology. My long-term success was not threatened by that of a peer, even if it seemed otherwise as I stared him down outside of the McKinsey interview. Somebody else’s failure in class would not somehow enhance my experience...
...they couldn't help themselves." A guidance counselor at a Washington prep school urges parents to find a mentor of a certain disposition. "Make friends with parents," she advises, "who don't think their kids are perfect." Or with parents who are willing to exert some peer pressure of their own: when schools debate whether to drop recess to free up more test-prep time, parents need to let a school know if they think that's a trade-off worth making...
...recent Taskforce’s report acknowledged this fact. “Harvard libraries can no longer harbor delusions of being a completely comprehensive collection,” it stated. One of the report’s primary goals is to “collaborate more ambitiously with peer libraries and other institutions...