Quotes About Allocation

Allocation Resources Among Your "Businesses" In the words of Andy Grove: "To understand a company's strategy, look at what they actually do rather than what they say they will do.

The safest port in a sea of uncertainty is diversification.

Your time, energy, and money always go to what's important to you.

Successful people know that hours, like capital, can be consciously allocated with the goal of creating riches—in the form of a changed world, a life's work—over time. Indeed, successful people understand that work hours must be more carefully stewarded than capital because time is absolutely limited. You can earn more money, but the mightiest among us is granted no more than 168 hours per week, and it is physically impossible to work for all of them.

I would argue that, over the last 40 years, as a higher proportion of parents' time in two-parent families has been compensated at market rates, parental time overall has become more valuable. Consequently, parents allocate this valuable time differently during their nonworking hours than people did in the past.

Over time, the way parents have allocated their non-market-work hours has shifted considerably. The biggest change in the new home economics has been time devoted to housework. This has fallen precipitously—almost in half over 40 years.

to grant to you . . . the twentieth part, and shall besides receive the title of Lieutenant and Governors of the said lands

There is an infinite amount of suffering in the world. There is a distinctly finite amount of resources to deal with it. How do we decide who gets what? The dilemmas are agonizing. One man's treatment is another man's denial of treatment. To save X is to condemn Y.

The two offices of memory are collection and distribution.

All companies - and not just startups - face the same eternal challenge: resource allocation.

It is not for the State Department or even the Secretary of State to say when and how the resources of the American people will be spent.

You're not hearing people like Madeleine Albright argue that the budget of the State Department should be as large as the Defense Department. The Pentagon is going to be larger by its nature. It's going to have more people.

Budgets are nothing if not statements of priorities.

Throughout the universe of public and private funds, managers are measured quarterly against one index or another, defined by statistics, and corralled into this category or that category so that fund of funds, pensions, and other institutions can make comforting - if not necessarily prudent - asset allocation decisions.

Economics is mostly how humans rationalize who gets what and why. It's how we instantiate our preferences about status, privileges, and power.

If you're not in the right classification, you're basically stealing funding and opportunities from other people. This is not the NFL. There's only so much money to go around.

Allocating time and money in the pursuit of looking superior often has a predictable outcome: inferior economic achievement. What are three words that profile the affluent? FRUGAL FRUGAL FRUGAL

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.

He who defends everything defends nothing.

I have observed that money left without special guidance is sometimes used well and sometimes not.

The gifts of the Almighty are weighed and parceled out in a scale peculiar to himself.

you're convinced scarce things are fairly allocated—but it's the same circular meritocratic argument that Etcetera annihilated for my dad: markets are the fairest way to figure out who should get what, and the markets have produced the current terrible allocation, therefore the current terrible allocation is the best solution to a hard problem.

God has not seen fit to distribute evenly the gift of intelligence.