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Supply of safe drinking water is an ignored sector in Pakistan (Kausar et al. 2011).
Valor Water Analytics is a company moving into this largely ignored sector in order to provide utilities with software that can help them better understand how customers' changing water usage patterns will affect their bottom lines, and what they can do about it beyond just rushing to raise rates.
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Like GDP ignores sector, using the economy-wide inflation number hides the deflationary impacts from other sectors.
unemployment -0.1625** Notes: Model 1 ignores sector-specific attributes of the various jobs, while Model 2 distinguishes between jobs in the public and the private sectors.
Table 1 compares the SML estimates of our two-sector model (labeled as Model 2) with those of a benchmark model (labeled as Model 1) which ignores sector-specific attributes of the jobs offered to the two spouses.
Of course, many value investors have ignored the sector because they cannot make heads or tails of it.
"This made it easier for broad-based money managers to ignore this sector altogether," he said.
"It's a valuation play, because people have been ignoring the sector lately," he said.
For example, one contributor suggested simply comparing performance levels with that of peers and ignoring private sector competitors will no longer cut it: "This sort of benchmarking is a bit like an ugly dogs competition – you are just comparing ugly dogs without realising there are good-looking dogs out there".
"If something is growing at 20% to 30% a year, it's hard for us to ignore that sector," says Savio Tung, a corporate investment coordinator in Investcorp's New York office.
But the opportunities are too great for companies to simply ignore this sector merely because the law can be murky.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com