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Fund of fund managers need to pick not just better-than-average funds to produce incremental return, but among the best, concludes Bernstein.
FORBES: Pensions Perilously Binging Upon Hedge Funds, Funds of Funds and Funds of Funds of Funds (March 20, 2007)
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Its only return is incremental spending from Dion's fans.
FORBES: Decline and Fall
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In other words, they can tell you the return on each incremental dollar they spend in marketing vehicle A vs.
FORBES: Demonstrating the Value of Marketing
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Drill rig operators' rates of return on their incremental capital spending is 15% or better--something they haven't experienced in 30 years.
FORBES: Magazine Article
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If a firm can deploy the incremental dollar of cash flow at a rate of return greater than its cost of capital, it should pursue acquisitions or internal capital projects, as these methods will be the fastest way to build shareholder value.
FORBES: Magazine Article
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Mr Schultz, who earlier this year returned to the helm of the company he built into a global giant, deserves credit for trying to return Starbucks to its old approach to innovation, which was all about incremental product variation around a central platform.
ECONOMIST: Innovative things to do with a banana
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In effect, the incremental premium has given you a savings account on the side, one with lotterylike features and an uncertain return.
FORBES: Making Life Complicated