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I looked at that source. There's no definition of 'social instability' and no references defining it. You really can't cite this as evidence that 'societal inst
by nickles 10y ago
I looked at that source. There's no definition of 'social instability' and no references defining it. You really can't cite this as evidence that 'societal instability' is the most pressing concern when managing endowment spending.
If you're attempting to feign competence in this matter, you should stop. I recall that you've claimed in the past that currency fluctuations have no bearing on real estate prices. Your initial comment here demonstrated that you have no appreciation for the concept of financial suitability. While you are probably very capable at whatever you do, reading a personal finance blog does not immediately qualify you to advise institutions on managing billions of dollars.
- Retric 10y agoI have directly worked with very large endowments before. They are all different, but it is understood that not spending money represents a risk. The French Revolution is probably the most well known case, but endowments are not safe. If you really want a source here: https://www.jstor.org/stable/368736?seq=1#page_scan_tab_contents https://www.jstor.org/stable/368736?seq=1#page_scan_tab_cont... But, I am done talking as you are both rude an ignorant.