Capital Returns
Market-Expected Return on Investment Bridging Accounting and Valuation
Counterpoint Global Insightsmorganstanley.com
Masters of Corporate Venture Capital: Collective Wisdom from 50 VCs Best Practices for Corporate Venturing How to Access Startup Innovation & How to Get Funded
amazon.com
These differing results tell an important capital allocation parable: the value of being in businesses with attractive returns on capital, and the related importance of getting out of low-return businesses.
William Thorndike • The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Twelfth Edition)
amazon.com
The implication for investors? Legacy financial metrics should play a lesser role in analyzing businesses.