This is a variant of the Peter principle, which holds that managers get promoted to their level of incompetence.
At its most fundamental, this shift is the result of Moore's Law, which holds that microprocessors double in computing power every 18 months.
But this one-size-fits-all portfolio does not agree with financial theory, which holds that each investor should take into account his or her individual economic situation.
It would also comply with economic orthodoxy, which holds that, during a tightening, current spending should be cut while capital spending, which adds to the economy's potential, is preserved.
The topics of conversation included evolutionary theory, libertarian philosophy, and the anthropic principle, which holds that observations about the universe depend on the existence of a consciousness that can observe.
The logic behind this is derived from a theory called Ricardian equivalence, which holds that government spending cannot boost demand, since consumers cut their own expenditure in anticipation of higher taxes ahead.
Friedman also gave us Permanent Income Theory, which holds that consumer spending choices are determined more by people's long-term expectations than by their current income levels, a kind of precursor to modern consumer confidence measurements.
Elsewhere, Woods discusses the concept of jury nullification, which holds that in any trial the jury is not merely deciding whether the law has been breached, but whether the law itself is permissible (p. 129).
FORBES: Nullification Should Be Taken Seriously, Not Caricatured
This is the basis of the Balassa-Samuelson theory which holds that average prices will be higher in countries with higher productivity (ie, high GDP per head), because higher wages will push up prices in labour-intensive goods and services.
ECONOMIST: Economics focus: Burger-thy-neighbour policies | The
It all makes me think of British philosopher John Stuart Mill, who described the social theory of utilitarianism, which holds that one must always act so as to produce the greatest aggregate happiness for the greatest number of people.
With Hard Times (1854) - a critique of the political theory of utilitarianism which holds that the proper course of action is the one that seeks the greatest good for the greatest number of people - Dickens set himself against thinkers like Jeremy Bentham, Thomas Malthus and Adam Smith and their influence on government policy.
Michael Splinter was raised on the most powerful incantation in the tech industry, Moore's Law, which roughly holds that computing power per dollar doubles every two years.
Throughout the ages philosophers and theologians have debated this question with respect to Judeo-Christian faiths, in which dogma holds that the world was created from the void, creation ex nihilo.
They argue that many poor countries wrongly base their development strategies on the principle of comparative advantage (which holds, for instance, that tropical islands should grow bananas and pretty countries promote tourism).
Trust, which is the fundamental value that holds all businesses and their stakeholders together, is the central issue.
Which means that the average fund holds the average stock for one year.
When Morgan Stanley recalculates the company's rankings in its MSCI Emerging Markets Index, the consensus is that Gazprom, which holds nearly one-third of the world's natural-gas reserves and contributes 25% of Russia's tax receipts, will come out on top of the list, ahead of behemoths like Samsung Electronics .
Granted, Bill's got to have something to talk about on stage at CES next week, but we're not putting much stock in the pure speculation of a fresh Seattle Times piece, which, without sources, simply holds that "Microsoft could also make a splash by announcing plans to give the Xbox 360 an internal HD-DVD drive".
The 2007 CES, which hosted 145, 000 people, holds that record.
Like his Davis Cup team-mate and rival Tim Henman, Rusedski's favourite surface is grass, which is no surprise given that he holds the ATP Tour record for the fastest serve - 149mph.
The concept (which other researchers proposed in the 1960s) holds that tumor growth generally follows an S-shape curve.
Cyprus is an offshore banking haven, which makes it somewhat unique in that it holds billions in foreign deposits, mostly Russian.
They include the widely praised Aspire R7, which features a hinge-attached pad that holds up the touchscreen and allows users to pull the screen closer or flip it over the keyboard, transforming it into a tablet.
To review: Yahoo earlier this week disclosed that it had learned that Alibaba, in which it holds a 43% stake, had transferred ownership of its Alipay online payments business to Alibaba Group CEO Jack Ma.
In Florida, Governor Jeb Bush has signed a bill that would allow any party which holds a national convention, and which has registered with Florida's secretary of state, to place its presidential candidate on the state ballot with no petition and no fee.
In case you missed the beginnings of this, Yahoo earlier this week disclosed in an SEC filing that it had learned that Alibaba, in which it holds a 43% stake, had transferred ownership of its Alipay online payments business to Alibaba Group CEO Jack Ma.
FORBES: Alibaba Says Yahoo Knew In 2009 Alipay Structure Was Changing
Nortel this month slammed Optical Networks, in which Cisco holds a stake, with a suit alleging that in luring away 19 engineers (FORBES, Nov. 15), the new firm seeks to steal its secrets.
Recently, the BOP entered into a four-year management agreement with CCA on the McRae (Georgia) Correctional Center which will increase the number of inmates that facility holds from 1, 524 to 2, 275.
Which leaves only Rolex, an unstoppable force that holds 25% of the high-end market with basically one watch, the Oyster, while keeping the company's inner workings almost completely hidden behind a gold-clad fortress in Geneva (see "As Tight as an Oyster").
His bid is actually for 70% of Sprint which in turn holds about half the ownership of Clearwire, that spectrum position assembled by Craig McCaw at 2.5 Ghz. some years ago.
FORBES: Sprint/Clearwire Sing Way Off Key From Same Page In The Softbank Hymnal
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