Quotes About Allocation

The only currency that we really have to spend during our lives is time. Everything else is just a sub-category.

We are all endowed with wealth of time equally

Time is exactly the amount of wealth God gives to each and every one of us on a daily basis

God has made the provision for every man on earth to be equally endowed with the currency time

It is time to maximize and prioritize our health care dollars.

You can't specify what you're used for; you go where there's a need. The majority of willed bodies wind up in the anatomy department. Almost none end up in the English department.

para qué trabajar? Sabías que tu mísera manutención básica te la darían en cualquier caso, trabajases o no..., tu "asignación para casa y comida", la llamaban..., y por encima de esa miseria podías olvidarte de conseguir algo, no importa cuánto lo intentases.

The economic approach is both broader and simpler than that. It relies on data, rather than hunch or ideology, to understand how the world works, to learn how incentives succeed (or fail), how resources get allocated, and what sort of obstacles prevent people from getting those resources, whether they are concrete (like food and transportation) or more aspirational (like education and love).

The chief merit of the price system is that it makes effective use of information that is not available to any single decision maker. When the price system is overridden, information is discarded. When information is discarded, resources are misallocated. When resources are misallocated, prosperity suffers. If you're trying to make people prosperous, relying on prices is your best strategy.

The Principle of Unequal Distribution

Identify your 70/20/10 (or 60/30/10 depending on risk appetite). Most people know of this allocation from the innovation approach that Eric Schmidt pioneered at Google: 70 percent of time allocated to core business tasks, 20 percent to projects directly related to the core business, and 10 percent dedicated to projects unrelated to the core business.

It is illegal for the budget department to discriminate among senators.

Don't tell me what you value, show me your budget, and I'll tell you what you value.

As you time-bucket your life, you parcel out a single list of experiences into different and distinct time sections of your life.

Should two founders split the company right down the middle? Answer you're looking for: "No, you should allocate 25 percent to future employees and 35 percent to the first two rounds of investments. That leaves 40 percent for the founders to split among themselves.

The best measure of how a democracy is functioning is how it allocates the goods of the land, the public trust assets.

Why is time more important than money? There is no time lottery where you can hope to win an extra million days ...

one can only take care of everyone until there's no more money, at which time one can take care of no one

We recommended that the investor divide his holdings between high-grade bonds and leading common stocks; that the proportion held in bonds be never less than 25% or more than 75%, with the converse being necessarily true for the common-stock component; that his simplest choice would be to maintain a 50–50 proportion between the two, with adjustments to restore the equality when market developments had disturbed it by as much as, say, 5%.

1. There should be adequate though not excessive diversification. This might mean a minimum of ten different issues and a maximum of about thirty.†

For most investors, allocating at least 10% of your retirement assets to TIPS is an intelligent way to keep a portion of your money absolutely safe—and entirely beyond the reach of the long, invisible claws of inflation.

It is still true that they may choose between maintaining a simple 50–50 division between the two components or a ratio, dependent on their judgment, varying between a minimum of 25% and a maximum of 75% of either.

guiding rule that the investor should never have less than 25% or more than 75% of his funds in common stocks, with a consequent inverse range of between 75% and 25% in bonds.

Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie.