That helps explain why in the short term the stocks of small companies swing more dramatically than those of big ones.

FORBES: Magazine Article

For it's a term of esteem and appreciation, and this helps explain why in 1861, an earlier Thai monarch established the Most Exalted Order of the White Elephant, consisting of six separate grades, which soon became the most frequently-awarded honour in the country, as it remains to this day.

BBC: No white elephants in this herd