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Overlooking the importance of asset allocation: According to Mr. Miccolis, getting asset allocation right is the building block of investing successfully.
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"Assets are beginning to migrate away from people whose primary skills were getting assets off of the government, to a new group of owners whose main skill is managing assets".
There is a lot to be said for getting assets into the hands of the public.
Besides getting assets that would not otherwise have been available, Exxon and the other acquirers have the opportunity to squeeze out huge amounts of overhead.
The government is getting assets for this money and will at most lose a fraction of the $700 billion appropriated.
GE Capital probably didn't want to get into different competitions with having people second-guess if they're getting assets at the right price".
The investor gets asset allocation, professional management and risk-based changes in the allocation over time.
They got asset inflation in the form of higher property prices, but they also got rising current account deficits that eventually exhausted their foreign currency reserves.
'Bergdahl' became a language tactic to get assets".
"But he's got assets going into it".
Some privatisations have let tycoons milk monopolies or get assets cheaply.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com