Allocation Quotes

The Realistic
Vision acknowledges that people vary widely both physically and
intellectually - in large part because of natural inherited differences - and
therefore will rise (or fall) to their natural levels. Therefore governmental
redistribution programs are not only unfair to those from whom the wealth
is confiscated and redistributed, but the allocation of the wealth to those
who did not earn it cannot and will not work to equalize these natural
inequalities. ~ Michael Shermer

Mischel refers to this skill as the "strategic allocation of attention," and he argues that it's the skill underlying self-control. Too often, we assume that willpower is about having strong moral fiber. But that's wrong. Willpower is really about properly directing the spotlight of attention, learning how to control that short list of thoughts in working memory. It's about realizing that if we're thinking about the marshmallow, we're going to eat it, which is why we need to look away. ~ John Brockman

The goal of socialism is a fairer allocation of economic resources, which its advocates often claim will also be a less wasteful one. Socialism is about who gets the goods and how. Socialism objects to markets because markets allocate resources in ways socialists believe to be unfair on both counts: both the who and the how. ~ Virginia Postrel

So tell me, Ray, what are the percentages you would put in stocks? What percentage in gold? and so on."...
"First, he said, we need 30% in stocks (for instance, the S&P 500 or other indexes for further diversification in this basket)...
"Then you need long-term government bonds. Fifteen percent in intermediate term [seven- to ten-year Treasuries] and forty percent in long-term bonds [20- to 25-year Treasuries]."...
He rounded out the portfolio with 7.5% in gold and 7.5% in commodities...
Lastly, the portfolio must be rebalanced. Meaning, when one segment does well, you must sell a portion and reallocate back to the original allocation. This should be done at least annually, and, if done properly, can actually increase tax efficiency. p390 ~ Tony Robbins

Have I ever remarked on how completely ridiculous it is to ask high school students to decide what they want to do with the rest of their lives and give them nearly no support in doing so? Support like, say, spending a day apiece watching twenty different jobs and then another week at their top three choices, with salary charts and projections and probabilities of graduating that subject given their test scores? The more so considering this is a central allocation question for the entire economy? ~ Eliezer Yudkowsky

On average, 90 percent of the variability of returns and 100 percent of the absolute level of return is explained by asset allocation. ~ Roger G. Ibbotson

If someone really wants my company's business, why shouldn't he be able to do everything he can - including paying me off - to get that business? Because bribery encourages people to make decisions based on the wrong criteria, which means in the business world that it distorts the efficient allocation of resources. ~ James Surowiecki

Sometimes just the tiniest allocation of time spent with a friend, imprints on your mind and gives you something to smile about for the rest of the week, month, or your life! ~ Marcia Lynn McClure

Let me make it clear: The Disbursement Allocation Program is not pork barrel. Of the DAP releases in 2011 and 2012, only nine percent was disbursed for projects suggested by legislators. The DAP is not theft. Theft is illegal. ~ Benigno Aquino III

The elementary and basic approach that I suggest places "the theory of markets" and not the "theory of resource allocation" at center stage. My plea is really for the adoption of a sophisticated "catallactics,"… ~ James M. Buchanan

Today, I think a CFO needs to be more of an operating CFO: someone who's using the financial data and the data of the company to help drive strategy, the allocation of capital, and the management of risks. ~ Anthony Noto

Groupies and hangers-on somehow fancy themselves entitled to the narcissist's favour and largesse, his time, attention, and other resources. They convince themselves that they are exempt from the narcissist's rage and wrath and immune to his vagaries andabuse
. This self-imputed and self-conferred status irritates the narcissist no end as it challenges and encroaches on his standing as the only source of preferential treatment and the sole decision-maker when it comes to the allocation of his precious and cosmically significant wherewithal.
The narcissist is the guru at the centre of a cult. Like other gurus, he demands complete obedience from his flock: his spouse, his offspring, other family
members, friends, and colleagues. He feels entitled to adulation and special treatment by his followers. He punishes the wayward and the straying lambs. He enforces discipline, adherence to his teachings, and common goals. The less accomplished he is in reality – the more stringent his mastery and the more pervasive the brainwashing.
Cult leaders are narcissists who failed in their mission to "be someone", to become famous, and to impress the world with their uniqueness, talents, traits, and skills. Such disgruntled narcissists withdraw into a "zone of comfort" (known as the "Pathological Narcissistic Space") that assumes the hallmarks of a cult.
The – often involuntary – members of the narcissist's mini-cult inhabit a twilight zone of his own construction. He ~ Sam Vaknin

We have made some collective mistakes as a species, it's true – invested too much power in things we can't see, let alone control. But look at the world we have, Chiku. For all its failings, things could be a great deal worse. No one's died in any wars lately, or been murdered, or left to rot in a prison, or been denied the basic allocation of fresh food and drinking water. No one's been tortured for their beliefs or made to feel like a pariah because of their sexual preferences. ~ Alastair Reynolds

The water trading mechanism where there are transparent trades of water allocations is one that is good for us to learn from because it does allow for the marketplace to procure water for the highest and most efficient uses with the highest value in agriculture. And that might be a good model for us. ~ Marc Levine

The allocation of the best jobs, just like that of the best apartments, tends to piggyback social networks. ~ Cesar Hidalgo

What should have died along with communism is the belief that modern societies can be run on a single principle, whether that of planning under the general will or that of free-market allocations. ~ Charles Taylor

The lens of contract focuses predominantly on gains from trade whereas orthodoxy is focused on resource allocation. ~ Oliver E. Williamson

The court has had to take a hard look at our resources and make difficult decisions balancing competing demands for resources. While our current allocation of resources to the Twin Peaks Court may not be ideal, it is an appropriate allocation when all factors are considered. While I realize this will be disappointing news to you, I can assure you the matter was given serious thought before a decision was made. ~ Larry Allen

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results. ~ Peter Drucker

Although member countries ratified the UN's millennium goals, fighting enemies represents by far the biggest allocation of most countries' resources. ~ Joyce F Benenson

Education is the most important thing you can have. ~ Torrey Smith

Real leaders focus resources in areas that provide the greatest opportunity rather than making across-the-board decisions. ~ Frank Sonnenberg

10 Steps Process Requirement

So that we can get a clear picture of your current financial position and your future lifestyle desires our 10-step process requires 2 meetings.

Meeting #1 include steps 1 through 5 and should take no longer than 45 minutes. If in meeting #1 we determine that what we do fit with what you are looking for, you will receive 2 very short questionnaires to complete and we will then schedule meeting #2. The first is a very short and simple financial questionnaire. The second is an online communication profile that assesses how you like to be communicated to and how you naturally approach or respond to problems, information, change and risk. Both are very important to us moving forward. They help us be more effective in how we communicate your data to you.

Meeting #2 include steps 6 – 10 and should take no longer than one (1) hour. In this meeting we will identify areas in which you are losing money unknowingly and unnecessarily. We will customize appropriate wealth strategies to help you become more efficient in your finances so that you can achieve your goals and objectives. ~ Annette Wise

Phaethon asked: "Do you think there is something wrong with the Sophotechs? We are Manorials, father! We let Rhadamanthus control our finances and property, umpire our disputes, teach our children, design our thoughtscapes, and even play matchmaker to find us wives and husbands!"

"Son, the Sophotechs may be sufficient to advise the Parliament on laws and rules. Laws are a matter of logic and common sense. Specially designed human-thinking versions, like Rhadamanthus, can tell us how to fulfill our desires and balance our account books. Those are questions of strategy, of efficient allocation of resources and time. But the Sophotechs, they cannot choose our desires for us. They cannot guide our culture, our values, our tastes. That is a question of the spirit."

"Then what would you have us do? Would you change our laws?"

"Our mores, not our laws. There are many things which are repugnant, deadly to the spirit, and self-destructive, but which law should not forbid. Addiction, self-delusion, self-destruction, slander, perversion, love of ugliness. How can we discourage such things without the use of force? It was in response to this need that the College of Hortators evolved. Peacefully, by means of boycotts, public protests, denouncements, and shunnings, our society can maintain her sanity against the dangers to our spirit, to our humanity, to which such unboundried liberty, and such potent technology, exposes us."

(...) But Phaethon ~ John C. Wright

Yet for some reason, we as a society have
collectively decided it's better to have millions of human beings spending years of
their lives pretending to type into spreadsheets or preparing mind maps for PR meetings than freeing them to knit sweaters, play with their dogs, start a garage band, experiment with new recipes, or sit in cafés arguing about politics, and gossiping about their friends' complex polyamorous love affairs. ~ David Graeber

I don't often know where my ideas come from. Maybe it's the fact that I'm obsessively regimented in my analysis, borderline autistic. But whether it's bond selection or asset allocation, we can do it better than just about anybody around. ~ Jeffrey Gundlach

You can talk all you want about having a clear purpose and strategy for your life, but ultimately this means nothing if you are not investing the resources you have in a way that is consistent with your strategy. In the end, a strategy is nothing but good intentions unless it's effectively implemented. ~ Clayton M Christensen

The necessity for power is obvious, because life cannot be lived without order; but the allocation of power is arbitrary because all men are alike, or very nearly. Yet power must not seem to be arbitrarily allocated, because it will not then be recognized as power. Therefore prestige, which is illusion, is of the very essence of power. ~ Simone Weil

Science" is itself one of the greatest utopian illusions ever created by humankind. I am by no means suggesting that we should take the path of antiscience - the utopia offered by science is complicated by the fact that science disguises itself as a value-neutral, objective endeavor. However, we now know that behind the practice of science lie ideological struggles, fights over power and authority, and the profit motive. The history of science is written and rewritten by the allocation and flow of capital, favors given to some projects but not others, and the needs of war. ~ Chen Qiufan

Let's see, you will need a project plan, resource allocation, a timeline, test cycles, a budget, a contingency budget, lots of diagrams, flowcharts, a media release, a strategic vision, a charter, technical specifications, business rules, travel expenses, a development environment, deployment instructions, a user acceptance test, stationary, overtime schedule, a mock-up, prototypes ... "
"Tell me," she said, "did the people who built the pyramids have any of those?"
"Mostly, they had beer. Come to think of it, if there had been such a thing as a Business Analyst in ancient Egypt, then the hieroglyph for it would have been very graphical, if you know what I mean. ~ Sorin Suciu

Mere allocation of huge sums of money for quality will not bring quality. ~ W. Edwards Deming

To be sure, debates will linger about whether Medicare is too large or too small. Debates remain about the allocation of Medicare dollars. But December 8, 2003, demonstrated that there is no debate about this most fundamental fact: Medicare must survive. ~ Michael Johns

The British system denied any role for human creativity, and instead argued, that if man merely followed his hedonistic desires, pursuing pleasure and avoiding pain, objective laws would naturally guide society to achieve the best allocation of wealth. ~ Robert Trout

The underlying reason why this transition was piecemeal is that food production systems evolved as a result of the accumulation of many separate decisions about allocating time and effort. Foraging humans, like foraging animals, have only finite time and energy, which they can spend in various ways. We can picture an incipient farmer waking up and asking: Shall I spend today hoeing my garden (predictably yielding a lot of vegetables several months from now), gathering shellfish (predictably yielding a little meat today), or hunting deer (yielding possibly a lot of meat today, but more likely nothing)? Human and animal foragers are constantly prioritizing and making effort-allocation decisions, even if only unconsciously. They concentrate first on favorite foods, or ones that yield the highest payoff. If these are unavailable, they shift to less and less preferred foods. ~ Jared Diamond

In an unmolested market economy - one where all dealings are consensual - the 'allocation' of wealth and income is the result of transactions. ~ Sheldon Richman

Scientific culture created a framework within which individual mobility was possible without threatening hierarchical work-force allocation. On the contrary, meritocracy reinforced hierarchy. Finally, meritocracy as an operation and scientific culture as an ideology created veils that hindered perception of the underlying operations of historical capitalism. ~ Immanuel Wallerstein

Be patient. Changes that alter the structure of power and widen opportunity require years of hard work, as those who toiled for the Civil Rights and Voting Rights Acts, or have been working for the rights of the disabled and gays, would tell you. It took thirty years of continuous fulmination for women to get the right to vote; fifty years of agitation before employers were required to bargain with unionized workers. Those who benefit from the prevailing allocation of power and wealth don't give up their privileged positions without a fight, and they usually have more resources at their disposal than the insurgents. Take satisfaction from small victories, but don't be discouraged or fall into cynicism. And don't allow yourself to burn out. I ~ Robert B. Reich

There's a lot of politics over who gets the next allocation of Congressional funding. ~ Rebecca MacKinnon

Accounting consequences do not influence our operating or capital-allocation decisions. When acquisition costs are similar, we much prefer to purchase $2 of earnings that is not reportable by us under standard accounting principles than to purchase $1 of earnings that is reportable. ~ Warren Buffett

It is a mark of how far we have gone on the road to serfdom that government allocation and rationing of oil is the automatic response to the oil crisis. ~ Milton Friedman

There are many challenges in the global education ecosystem: from top-down systemic issues in how educational services are organized and delivered, to bottom-up issues of curriculum effectiveness, accountability, and human resource allocation. ~ Adam Braun

The existence of the state and the manipulation of the structures and institutions of the state by the ruling elite for the (mis)allocation and (mal)distribution of public goods and services inevitably leads to corrupt practices. ~ Sam Mbah

The Obama administration's agenda of maximizing dependency involves political favoritism cloaked in the raiment of "economic planning" and "social justice" that somehow produce results superior to what markets produce when freedom allows merit to manifest itself, and incompetence to fail. The administration's central activity - the political allocation of wealth and opportunity - is not merely susceptible to corruption, it is corruption. ~ George Will

The resource allocation task of top management has received too much attention when compared to the task of resource leverage. ~ C. K. Prahalad

Negotiations over a shrinking pie are especially difficult because they require an allocation of losses. People tend to be much more easygoing when they bargain over an expanding pie. ~ Daniel Kahneman

..each ministry has an allocation of money to spend on projects agreed to by the government.
Every Secretary of State is acutely aware that his tenure of office maybe very short, so he picks out a major contract for himself from the many available.
It's the one way to ensure a pension for life if the government is changed overnight or the minister simply loses his job. ~ Jeffrey Archer

What matters is not the allocation of portions out of a fund presented to man by nature. The problem is rather to further those social institutions which enable people to continue and to enlarge the production of all those things which they need. ~ Ludwig Von Mises

Central banking has become the new central planning. Under the old central planning, government attempted to manage production and the supply of goods and services. Under the new central planning, the Fed attempts to manage the financial system and the supply and allocation of credit. ~ Anonymous

No group can survive, let alone thrive, unless what is good for the overall community is more important than individual freedom. Take, for example, resource allocation. How can anyone with any intelligence possibly justify, in terms of the overall community, the accumulation and hoarding of enormous material assets by a few individuals when others do not even have food, clothing, and other essentials?" In ~ Arthur C. Clarke

Just in terms of allocation of time resources, religion is not very efficient. There's a lot more I could be doing on a Sunday morning. ~ R.D.Sharma

The Democratic Party opposes tax cuts but it cannot say so publicly. Thus, it is forced to support the idea of lowering the tax burden but using class warfare rhetoric to dispute the allocation of the relief. ~ Dick Morris

The special sphere of finance within economics is the study of allocation and deployment of economic resources, both spatially and across time, in an uncertain environment. To capture the influence and interaction of time and uncertainty effectively requires sophisticated mathematical and computational tools. ~ Robert C. Merton

Now with the allocation and the understanding of the lack of understanding, we enter into a new era of science in which we feel nothing more than so much so as to say that those within themselves, comporary or non-comporary, will figuratively figure into the folding of our non-understanding and our partial understanding to the networks of which we all draw our source and conclusions from. ~ Reggie Watts

Like many countries, Indonesia can transform its decision-making system to be more transparent and inclusive, particularly on resource allocation and use. ~ Sri Mulyani Indrawati

As an accomplished entrepreneur with a history that spans more than fourteen years, Annette Wise is constantly looking for ways to give back to her community. Using enterprising efforts, she qualified for $125,000 in startup funding to develop a specialized residential facility that allows developmentally disabled adults to live in the community after almost a lifetime of living in a state institution.

In doing so, she has provided steady employment in her community for the last thirteen years. After dedicating years to her residential facility, Annette began to see clearly the difficulty business owners face in planning for retirement successfully.

Searching high and low to find answers, she took control of financial uncertainty and in less than 2 years, she became a Full Life Agent, licensed Registered Representative, Investment Advisor Representative and Limited Principal.

Her focus is on building an extensive list of clients that depend on her for smart retirement guidance, thorough college planning, detailed business continuation, and business exit strategies.

Clients have come to rely on Annette for insight on tax advantaged savings and retirement options.

Annette's primary goal is to help her clients understand more than just concepts, but to easily understand how money works, the consequences of their decisions and how they work in conjunction with their desires and goal.

Ever the curious soul who is al ~ Annette Wise

Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets. ~ Jack Welch

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. ~ Eric Maskin

The tyranny of distance is such an important element of policy and the allocation of resources. ~ George Brandis

There is an optimum rate of discounting the future - mathematically, an optimum interest rate - which depends on how long you expect to live, how likely you will get back what you saved, how long you can stretch out the value of a resource, and how much you would enjoy it at different points in your life (for example, when you're vigorous or frail). "Eat, drink, and be merry, for tomorrow we die" is a completely rational allocation if we are sure we are going to die tomorrow. What is not rational is to eat and drink as if there's no tomorrow when there really is a tomorrow. To be overly self-indulgent, to lack self-control, is to devalue our future selves too much, or equivalently, to demand too high an interest rate before we deprive our current selves for the benefit of our future selves. No plausible interest rate would make the pleasure in smoking for a twenty-year-old self outweigh the pain of cancer for her fifty-year-old self. ~ Steven Pinker

It's my guess that something like 5% of GDP goes to money management and itsattendant friction. I define it broadly - annuities, incentive pay, all trading, etc. Nobody else has used figures that high, but that's my guess. Worst of all, the people doing this are among the best and the brightest. Hundreds and thousands of engineers, etc. are going into hedge funds and investment banking. That is not an intelligent allocation of the brainpower of the civilization. ~ Charlie Munger

We conclude that, simultaneously with the organization of the colleges, there should be at Santa Cruz an organization by disciplines, whose units would have a voice in appointments and promotions, in course of programs, and in the allocation of funds for research. ~ Abraham Robinson

From an asset-allocation perspective, when we talk about diversification, we're talking about investing in multiple asset classes. There are six that I think are really important and they are US stocks, US Treasury bonds, US Treasure inflation-protected securities [TIPS], foreign developed equities, foreign emerging-market equities and real estate investment trusts [REITS]. p473 ~ Tony Robbins

It has been said that life has no guarantees and with that I disagree. Life gives us two great assurances and the first is that we have our personal allocation of time. For some it is only a minute and for others a century or more. Like a great inheritance of calendars and clocks, we are measured a portion of time to have as our own. The rhythm of your heart is your concert of life and no others. The impressions and thoughts of daily events are independent of any other person. We are magnificently autonomous and gifted with a liberation waiting to happen. ~ David Ellsworth From The Serenity Of Selfism

Lee Kuan Yew ruled Singapore from 1959 until 1990, making him, we believe, the longest serving prime minister anywhere. His party, the People's Action Party (PAP), dominated elections and that dominance was reinforced by the allocation of public housing, upon which most people in Singapore rely. Neighborhoods that fail to deliver PAP votes come election time found the provision and maintenance of housing cut off.18 In Zimbabwe, Robert Mugabe went one step further. In an operation called Murambatsvina (Operation Drive Out the Rubbish), he used bulldozers to demolish the houses and markets in neighborhoods that failed to support him in the 2005 election. ~ Bruce Bueno De Mesquita

Most of the institutions that come in to offer help after disaster don't have the resources to provide concrete help. . . . Donor communities invest billions funding peace talks and disarmament. Then they stop. The most important part of postwar help is missing: providing basic social services to people. Not having those resources might have been a reason men went to war in the first place; they crossed a border and joined an armed group because they didn't have jobs. In Liberia right now, there are hundreds of thousands of unemployed young people, and they're ready-made mercenaries for wars in West Africa. You'd think the international community would be sensible enough to know they should work to change this. But they aren't. ~ Leymah Gbowee

A rentier is an investor whose relationship to a company or enterprise is strictly limited to the ownership of financial wealth (such as stocks or bonds) and the receipt of income on that wealth (such as dividends or interest). The financial system performs dismally at its advertised task, that of efficiently directing society's savings towards their optimal investment pursuits. The system is stupefyingly expensive, gives terrible signals for the allocation of capital, and has surprisingly little to do with real investment. ~ Doug Henwood