Comment by jakelazaroff
8 months ago
Most of it is not discretionary, no matter what words random Internet commenters use to describe it.
8 months ago
Most of it is not discretionary, no matter what words random Internet commenters use to describe it.
I am replying to the GP. GP must be mistaken. It was Harvard’s choice to operate this way financially
I understand. I am saying they are correct that much of Harvard's endowment is not discretionary, even if they accidentally used a term that implies that it is.