Mauboussin’s Five Principles Of Capital Allocation
“Capital allocation is always important but is especially pertinent in the United States today given the high return on invested capital, modest growth, and substantial cash on corporate balance sheets. Companies that deploy capital judiciously have a significant opportunity to build value,” writes Michael J. Mauboussin, managing director and head of Global Financial Strategies at Credit Suisse Group AG (ADR) (NYSE:CS).
Mauboussin has a lot of practical advice on how executives should approach capital allocation in his recent Sign up here
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