Quotes About Allocation

Tomorrow's medicine is today's research. That is why the question of how we allocate resources to research is at least as important as the question of how we allocate resources to health care itself.

Money is like muck, not good unless spread.

science of economics should focus on the best use of scarce means to satisfy social ends.

These monopolies, and many more, gave individuals or groups the sole right to control the production of many goods. They impeded the type of allocation of talent, which is so crucial to economic prosperity. Both

Allowing people to make their own decisions via markets is the best way for a society to efficiently use its resources. When the state or a narrow elite controls all these resources instead, neither the right incentives will be created nor will there be an efficient allocation of the skills and talents of people.

Capital markets provide three tools for investors to employ in generating investment returns: asset allocation, market timing, and security selection.

Establishing a coherent investment program begins with understanding the relative importance of asset allocation, market timing, and security selection.

Table 1.2 Markets Occasionally Crush Concentrated Portfolios Source: Ibbotson Associates. Stocks, Bonds, Bills, and Inflation 2004 Yearbook (Chicago: Ibbotson Associates, 2004).

Investment returns stem from decisions regarding three tools of portfolio management: asset allocation, market timing, and security selection.

In fact, how you allocate your own resources can make your life turn out to be exactly as you hope or very different from what you intend.

What information consumes is rather obvious: it consumes the attention of its recipients. Hence, a wealth of information creates a poverty of attention and a need to allocate that attention efficiently among the overabundance of information sources that might consume it.

A certain amount of time is allotted to each of us. How much, only God knows. We cannot invest it. We cannot hope for a return of any kind. All we can do is spend it, second by second, decade by decade, until it runs out.

He, Cromwell, says to his visitors, just tell them this, and tell them loud: to each monk, one bed: to each bed, one monk. Is that so hard for them?

Power is acquired, not distributed. Equity is what gets distributed.

A budget should reflect the values and priorities of our nation and its people.

A healthy and fully functioning society must allocate its resources among a variety of competing interests, all of which are more or less valid but none of which should take precedence over national security.

The reality is that we are all economists. We all deal with scarcity as we make choices and calculate how to ration various items and resources that we consume, produce and utilize.

In various countries around the world, assets that had previously been in the hands of governments were sold off to the private sector in the hope that this would lead to a more efficient allocation, that these assets would be put to better use.

Unlike a normal venture fund, we never stop raising capital. We can always absorb new capital on the platform and into the next deal as long as we feel it won't distort the allocation and the pricing.

Time is a rare resource and must be invested wisely

Resources don't last forever. They must either be USED, MANAGED or they will be WASTED.

Each multiplex has screens allocated to each studio. The screens need filling. Studios have to create product to fill their screen, and the amount of good product is limited.

Probably, in the unfamiliar situation, responsibility was never formally allocated to anyone by anybody, and, human nature being incurably optimistic and fundamentally hostile to assuming any work not established as its own by long tradition, each person who might have shouldered the task of organization hopefully supposed it to have been performed by one of the other.

It is rather a problem of how to secure the best use of resources known to any of the members of society, for ends whose relative importance only those individuals know.