Part one focuses on value creation and how managers create value by generating returns on invested capital that are above a company's cost of capital. (valuewalk.com)
And index funds generated returns of far less than 6.5 percent real throughout the 2000s. (valuewalk.com)
In any case, it looks like the project will not generate returns for the next 2 to 4 years. (longtermvalue.wordpress.com)