Ragas also plans to buy what he calls "asset-rich" Cablevision in the $10 range.
Another area Russell likes is what he calls "asset-gathering companies," mainly banks and insurance companies that have a strong money-management franchise.
In several businesses grain, coal and iron ore it has spent the past few years buying up more pieces of the commodities pipeline, a strategy it calls "asset-medium".
"How do you teach your children anything different?" The Center's report advocates for a series of what it calls asset-building public policies that can help poor families build modest savings accounts, which they can then use to cover emergency expenses or education costs.
The technique, called "asset smoothing," can have a large impact after a year like 2009, when the five state pension funds as a group lost 20 percent.
It is called "asset location": choosing the asset classes that should be in tax-deferred accounts and those that should be in taxable ones.
The case in the supreme court involved a company called Asset Land, which persuaded investors to buy plots of land at "hugely inflated" prices, according to the Financial Conduct Authority.
Mr Uribe has called asset seizure one of the anti-narcotics tools "most feared" by the mafias.So far, Colombian officials have managed not to abuse their confiscatory power to persecute political opponents, the most obvious pitfall of the policy.
Code developed by services teams is shared too: whenever they start a new project, one of their first steps is to log on to a service called AssetHub, a global repository for software building-blocks.
That in itself was controversial — what critics call "asset stripping," in which the valuable parts of a company are transferred to a new institution (in this case, Rosbank) and sheltered from creditors.
