Quotes About Allocation

The Medicaid program has been on the books for more than 50 years. The Graham-Cassidy bill proposes a dramatic, sweeping change in the way that program would be allocated and administered. And a program which does need reform, but we need careful reform. And I don't think this bill does that.

Well-functioning financial systems are important in achieving sustained economic growth. They play a crucial role in channeling household savings into the corporate sector and allocating investment funds among firms.

Investors who followed a broadly diversified asset allocation that included a total market fund and a small value index fund would have faired very well during the past decade.

The enemy of a good asset allocation is the quest for a perfect one. Fight the urge to be perfect.

Asset allocation eliminates the need to predict the near-term future direction of the financial markets and eliminates the risk of being in the wrong market at the wrong time.

Markowitz's strategy can be viewed as one example of what might be called the diversification heuristic. "When in doubt, diversify.

special case of this rule of thumb is what might be called the "1/n" heuristic: "When faced with 'n' options, divide assets evenly across the options."3 Put the same number of eggs in each basket.

people are more likely to keep what they start with than to trade it, even when the initial allocations were done at random.

You might think that employees have especially good information about their firm's future prospects, but a careful study by Shlomo Benartzi (2001) finds otherwise. Specifically, there is no correlation between the allocation to company stock and subsequent stock performance.

Who needs whom, why, and how much? The answer is important for determining the pricing structure and whether to subsidize one group or another. Suppose

To each head of a family, one-quarter of a section; To each single person over eighteen years of age, one-eighth of a section; To each orphan child under eighteen years of age, one-eighth

Putting it precisely, activating a resource and utilizing a resource are not synonymous.

Everything we stand for can be expressed in terms of how we spend our money.

IHS is also grossly underfunded: in 2016, Congress allotted $4.8 billion for IHS, which came out to approximately $1,297 per person.

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.

Socialism is about claims of justice, and it is also about money: about wealth, income, physical and financial capital. It is an ideology based on allocating economic resources. It may try to achieve that goal by nationalizing assets, by command-and-control regulation, or by taxation and redistribution.

Politicians like to confuse congressional spending with earmarks. There is a difference.

We believe that people moving their portfolios to an overweight in bonds will be disappointed over the long-term and will significantly underperform an asset allocation that over-weights equities.

I have long believed the corporate world is plagued by poor capital allocation decisions.

Infrastructure is sort of that good spending in the middle, where even if you do misallocate resources a little bit, you still have something to show for it. It's tangible; it may help economic growth and so forth.

When professional work is decomposed, constituent tasks tend to be allocated to the least costly sources consistent with the quality and nature of the work involved.

Though part of the puzzle is obviously capital budget allocations, most companies seem to have a much higher awareness of the rules by which capital and assets are allocated than they do about how skilled people should be spending their time.

This much being said, don't get trapped into microallocating people's time. Allocating personnel-months is sufficient for most projects of any strategic significance.

Just because the resources are there doesn't mean that they should be spent.