Disruptive Innovation and the Return on Capital Imperative
This post explores the Late Harvard business professor Clayton Christensen work on disruptive innovation (The Innovator’s Dilemma: When new technologies cause great
Category: Capital Allocation
Optimal capital allocation is the CEO’s number one job.
Share Buybacks, Dividends and Optimal Capital Allocation
A company repurchasing its own shares may suggest that it is no longer able to reinvest its excess cash at high rates