Harvard Horseshit
official corporate spin that tries to take a really bad situation and make it sound positive.
harvard, after losing about 30% of their endowment value:
“in navigating the past year’s storm, we developed greater financial flexibility, strengthened our investment team, sharpened our focus and positioned both hmc and the endowment to be robust, steady and, importantly, poised to benefit from growth in the world’s economies,”
jim: that is a pile of harvard horsesh-t.
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