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A presentation of the cost-of-capital approach for analyzing the economic impact of tax policy.
This study assesses the potential of new technology to reduce logistics support requirements for future Army combat systems. It describes and recommends areas of research and technology development in which the Army should invest now to field systems that will reduce logistics burdens and provide desired capabilities for an "Army After Next (AAN) battle force" in 2025.
Praise for TREYNOR ON INSTITUTIONAL INVESTING "Jack Treynor has a mind of his own. I mean that as the highest compliment. Jack Treynor sees what no one else sees, thinks what no one else thinks, explains what no one else explains. You will learn more in fifteen minutes with Jack Treynor than in a full hour with most pundits. You will work hard but you will see things, think things, and understand things as never before. This book is a most valuable treasure, gleaming with Jack Treynor's brilliance." -Peter L. Bernstein, author, Capital Ideas Evolving "Vintage Treynor. This is a must-own reference for anyone involved in institutional asset management. It assembles - in one place - many of the important insights of one of the most provocative and creative players in the finance world over the past half-century." -Robert D. Arnott, Chairman, Research Affiliates, and Former Editor, Financial Analysts Journal "As a practicing investment manager, Treynor always preferred brilliance to soundness. Identifying the flaws in conventional thinking, he shows both the theorist and the practitioner where to invest time in their search for excess return." -Perry Mehrling, Professor of Economics, Barnard College, Columbia University, author, Fischer Black and the Revolutionary Idea of Finance "Jack Treynor's new book brings together a lifetime of exploring the important questions surrounding the sophisticated investor's task. Readers of Treynor on Institutional Investing will be richly rewarded by the insights the author has developed about both the practical and the conceptual keys to successful investing." -Samuel L. Hayes, III, Jacob Schiff Professor of Investment Banking Emeritus, Harvard Business School
The Poor Mans Bible A-Z focuses upon helping the reader comprehend that poverty not only has multiple definitions but also is associated with the five areas of being human such as an individuals spiritual, physical, social, psychological and vocational beings. This book outlines from A-Z those possible behaviors and experiences that might correlate with various states of personal poverty yet can also be assessed and redressed so that such change might bring forth a greater quality of life in the near and distant future for that individual willing to learn and apply wise knowledge to his/her unique situation. Ultimately, The Poor Mans Bible A-Z teaches that the five areas of being human are significantly influential in reference to explaining human behavior as any person travels through the various life-cycle stages of life. Therefore, constant evaluation of ones personal states of poverty should be assessed and strategies applied to realize change for the purpose of eradicating those states of deprivation that are hindering a person from living a greater quality of life.