Obviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of… — Charlie Munger Copy Share Image
I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different… — Thomas Piketty Copy Share Image
Investors must remember that their first job is to preserve their capital. After they've dealt with that, they can approach the second… — Irving Kahn Copy Share Image
Because in the New Normal you are more worried about the return of your capital, not return on your capital. — Mohamed El-Erian Copy Share Image
“α = r × β where r is the rate of return on capital. For example, if β = 600% and r… — Thomas Piketty Copy Share Image
The big picture is: the main thing you should be concerned about in the future are incremental returns on capital going forward.… — Joel Greenblatt Copy Share Image
We need to reverse three centuries of walling the for-profit and non-profit sectors off from one another. When you think for-profit and… — Bill Drayton Copy Share Image
Optimizing return on capital will generate less growth than optimizing return on education. — Anonymous Copy Share Image
