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" ... 1. Increase the spending rate. Deploy more of the fund’s accrued value for the university’s use. This doesn’t add flexibility to how these funds can be used, but may provide temporary relief to the university’s general fund budget. Spending rates are set by institutional policy overseen, typically, by an investment committee of the Board. Spending rates are typically tied to something like a 12-quarter trailing average of earnings and are sometimes adjusted for inflation. This has the effect of smoothing out the annual allocation to the university, i.e. avoiding sudden spikes up or down with the markets, which would make the endowment earning less dependable and endowment spending more volatile. Increasing the spending rate may mean riskier investments strategies, however, and this can have longer term consequences. ... "
" ... Aloha is designed to reduce those delays while also smoothing out shifting levels of latency that can make it even more difficult to play together. ... "
" ... So why bother? Ossia says 2.4GHz Wi-Fi can be used to map out efficient distribution networks for power on the fly, thereby smoothing out many of the problems. When an Ossia-enabled phone or other device starts to run low on power, it sends a signal seeking a Cota, a cylindrical device bristling with antennas that serves as a power source. The Cota then sends a corresponding roundtrip pulse. Power then gets delivered across the paths, including signal bounces and accounting for obstacles, originally forged by the radio signals. ... "
" ... The triple camera set up, which includes a 2x telephoto lens and an ultra wide sensor, is close to Samsung’s best tech. Pictures are reliably detailed with good dynamic range. Samsung’s overly processed and overzealous texture smoothing isn’t my bag, but pictures look really good in light and dark conditions. Flipping the phone around and using the rear cameras to take a selfie is very welcome, which also uses the aforementioned field monitor feature. Samsung’s near-endless list of camera features is appropriate for a phone that is so versatile and exciting. ... "
" ... Whether or not one wants to count a troubled issue as a full-fledged default, the important thing to understand is that there’s an inherent human bias toward smoothing when it comes to forecasting. Boom times often turn out better than the most optimistic forecasts. Bad times, on the other hand (and this is what we need to be thinking about now) often turn out to be much worse — and it takes only one missed obligation to blow up a junk bond — often irreparably. ... "