Saved by Matthew Giampetroni
Capital Allocation
The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
amazon.com
3. Properly assess strategy (or how a business makes money).
Dan Callahan • Reflections on the Ten Attributes of Great Investors
Daniel Bakalarz added
the ability of accounting numbers to represent economic value is severely limited. Next, he emphasized that competitive strategy analysis and valuation should be joined at the hip. The litmus test of a successful strategy is that it creates value, and you can’t properly value a company without a thoughtful assessment of its compet... See more
Dan Callahan • Reflections on the Ten Attributes of Great Investors
Daniel Bakalarz added
Delivering short-term results versus investing in long-term performance. Taking time to gather facts and do analyses versus moving fast to capture opportunities. Respecting the past and creating continuity vs. disrupting the future. Maximizing value for shareholders versus delivering impact for other stakeholders. Having confidence to make tough ca
... See moreScott Keller • CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest
The resource allocation process determines which deliberate and emergent initiatives get funded and implemented, and which are denied resources. Everything related to strategy inside a company is only intent until it gets to the resource allocation stage.
Clayton M. Christensen • How Will You Measure Your Life?
Reflections on the Ten Attributes of Great Investors
1icz9g2sdfe31jz0lglwdu48.wpengine.netdna-cdn.comDaniel Bakalarz added
Companies create value when their investments earn areturn in excess of the opportunity cost of capital. Investors add value when their portfolios generate a return higher than an appropriate market benchmark. Companies continually invest in assets in order to create value in the business, while investors buy a stock at a point in... See more
Morgan Stanley • Market-Expected Return on Investment Bridging Accounting and Valuation
Daniel Bakalarz added
Unless you manage it mindfully, your personal resource allocation process will decide investments for you according to the “default” criteria that essentially are wired into your brain and your heart.