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First, we argue that planning systems, instead of being correct (every plan returned achieves the goal) and complete (all such plans are returned), should be approximately correct and complete, in that most plans returned achieve the goal and that most such plans are returned.
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Now this potent rhythm-and-blues brand has returned, achieving sales most of its peers can barely remember enjoying.
A total of 45 surveys were returned, achieving 75% survey response rate.
A total of 4485 questionnaires were sent and 1721 were returned achieving an overall response rate of 38.4%.
Investors will decide whether the returns achieved through the buy-out process justify the costs, and the risks, involved.
The return from the long-short strategy was also higher than the return achieved by simply buying and holding the assets concerned.
Lowes says the average return achieved by the 723 FTSE 100 linked structured products that have matured over the past 10 years is 8.41% per annum.
That compares with the 8.1% annual return (including dividends) achieved by American equities over the same period and with the 6.8% annual return achieved on long-term Treasury bonds.
The additional returns achieved during the boom turn out to be illusory.Martin Leibowitz of Morgan Stanley has analysed the characteristics of endowment portfolios over the past ten years.
The airline does not specify a number, but points to the 12percentt returns achieved by the pension agency's own investment portfolio from 1985 through 2002, a period that encompassed a tremendous bull market in stocks and bonds.
And investors have been happy to take the extra yields on offer, given the positive returns achieved since 2009.In America, the modern high-yield-bond market dates back to the 1980s.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com