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Yet there are massive inefficiencies in capital allocation.
A lax accounting and legal environment increases the incidence of misreporting and consequently the distortions in capital allocation.
"This understanding has informed our major decisions in capital allocation and risk management over the life of the fund".
Global macro and equity long-short strategies are expected to see the greatest increase in capital allocation by asset weight, the study found.
While hedge funds have their place in capital allocation, that place is not in commercial loan-making banks subsidized by FDIC insurance and the Fed discount window.
The result was a fundamental improvement in capital allocation at a massive scale.
In developed countries, dramatic economic benefits have been realized from technological advances and increased efficiency in capital allocation.
There is an even subtler harm in capital-allocation decisions when companies hoard $1.9 trillion in cash, hold foreign profits overseas, and use their capital to buy back stock.
In its ideal form, The DAO represents a powerful revolutionary, in fact vehicle for capital allocation.
Considering the complete set of options in respect of capital allocation, this transaction provides the most attractive returns of for 21st Century Fox shareholders".
Jaffr zeroed in, first, on capital allocation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com