Ultimately, it is up to the investor to trade off portfolio returns for risk — some may choose to optimize for the highest return per unit of risk, while others may strive
for higher returns at the expense of a sub-optimal Sharpe ratio.
So have pension plans, who aimed
for high returns at the worst possible moment.
The economic reason
for the high return at low risk is that one is giving up any claim on that initial $ 20,000 investment on behalf of one's heirs.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences
for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16)
returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price
for our announced acquisition of Asco on favorable terms or
at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate
for our additional capital needs or
for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to
higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions
for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
One study, which looked
at Canada's hotel industry, found a 25 % average
return on investment
for training programs, with some participating companies reporting
returns as
high as 300 %.
All this sets up The Force Awakens — the seventh chapter in the Star Wars franchise that takes place 30 years after The
Return of the Jedi — to break the record
for the
highest grossing opening weekend
at the box office.
In researching
for his upcoming book on fulfilling work, Schulich's Burke found that Johnson & Johnson saw
at least a $ 4
return on every dollar it spent on employee wellness initiatives in terms of lower health - care costs, less absenteeism and
higher productivity.
«The best predictor of future
returns is whether you buy
at low or
high prices relative to earnings,» says Chris Brightman, chief investment officer of Research Affiliates, a firm that oversees strategies
for $ 161 billion in mutual funds and ETFs.
Timmer: You know, the last two years until the January
high, were really extraordinary times
for the market, and I fear that investors got spoiled by that, because the S&P was up I think 52 % in two years and in 2017 the volatility — the standard deviation of those
returns — was
at an all - time low of 3.9.
While that's a modest
return for a
high - flying tech stock,
at a certain point, Twitter would hit a wall trying to satisfy investors and contain its costs.
This positive cycle allows them to justify large capital investments in their facilities and provide substantial
returns for their shareholders, as share prices
for these global companies are
at all - time
highs.
«While it's not uncommon
for commodities and USD to rally or sell off
at the same time, especially when we look
at their
returns at a
higher frequency (daily or weekly), 4Q 2016 was actually the first quarter in more than a decade to see such a sizable divergence,» the analysts added.
With interest rates
at record lows, family and friends may be willing to take a
higher risk
for a
higher short term
return.
Returns are calculated after taxes on distributions, including capital gains and dividends, assuming the
highest federal tax rate
for each type of distribution in effect
at the time of the distribution Past performance is no guarantee of future results.
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors who are the most plausible sources of incremental infrastructure finance; (iii) not encourage
at all the
highest return maintenance projects like fixing potholes that do not yield a pecuniary
return for investors; and (iv) by offering credits
at an unprecedented 82 percent rate, invite all kinds of tax shelter abuse.
There was one
return that I worked on where someone purchased some hideous looking yard sculptures, let them sit around
for several years, had them appraised
at pretty
high values and then donated them to some organization.
Peltz also proposed cutting other «excess» costs, adding debt, adopting a more shareholder - friendly policy
for distributing cash from CyclicalCo / CashCo, prioritizing
high returns on invested capital
for initiatives
at GrowthCo, and introducing more shareholder - friendly governance, including tighter alignment between executive compensation and
returns to shareholders.
They also can maintain those
high levels of performance, and keep turnover to a minimum,
at a cost that is practical
for the company and, ultimately, provides a net positive
return on the investment.
These benefits would (i) largely go to developers and contractors
for infrastructure projects like new pipelines that would happen even without new incentives and so be highly regressive; (ii) raise costs by failing to reach the tax - free pension funds, sovereign wealth funds and international investors that are the most plausible sources of incremental infrastructure finance; (iii) not encourage
at all the
highest return maintenance projects like fixing potholes that do not yield a pecuniary
return for investors; and (iv) by offering credits
at an unprecedented 82 per cent rate, invite all kinds of tax - shelter abuse.
We look
at how their desire
for high returns and quick exits can hurt the long - term prospects of even...
Jim O'Shaughnessy sees
high risk
for negative real
returns in long bonds, calling this «a generational selling opportunity» #TBP2013 — William Sweet, CFP ® @billsweet, president
at Stevens & Sweet Financial
Indeed, once our estimated market
return / risk profile is strictly negative (as it is
at present), the negative implications
for the S&P 500 aren't affected by the position of the market relative to that average, except that the market tends to experience
higher volatility once the market breaks that average.
Thus, if we look
at bonds from a historical perspective, interest rates are very low — which is great
for those borrowing money — but not so great
for those that wish to see
higher rates of interest, and
return, on their money.
«In our search
for new stand - alone businesses, the key qualities we seek are durable competitive strengths; able and
high - grade management; good
returns on the net tangible assets required to operate the business; opportunities
for internal growth
at attractive
returns; and, finally, a sensible purchase price.
Unlike its successful European counterparts, demand
for higher risk - adjusted
returns, the existence of retrocession fees and stronger desire to retain control, continue to act as headwinds to grow fee - based assets,
at a rate that outpaces private banks» robust AUM growth and regional wealth creation.
Management
at growth companies are able to use that earnings growth to produce a
higher return for investors with a
return - on - equity of 17.8 % versus 16.4 % on average
at dividend - paying companies.
After providing double - digit
returns for many years, REITs are now well off the previous
highs and trade
at an estimated 15 % discount to net asset value (Source: TD Securities) and yielding an average of 7 %, a spread of 2.75 % over 10 - year bonds.
The main issue
for good, established companies here is not the risk to the long - term stream of cash flows, but to what extent the uncertainty about the coming year or two of earnings will frighten investors to sell
at depressed prices (thereby pricing stocks to deliver even
higher long - term
returns).
Indeed, it's often a mistake to do so: Truly great businesses, earning huge
returns on tangible assets, can't
for any extended period reinvest a large portion of their earnings internally
at high rates of
return.
Many works are seeing huge
returns through standing desks which work to help them focus: on the flip side, perhaps a comfier,
high quality desk and chair combination is in order
for maximum comfort while you chip away
at your workload.
One can relate this directly to a 10 - year prospective
return by recalling that historical tendency
for market cycles to establish normal prospective
returns — if even briefly as in 2009 —
at their troughs (and it's typical
for troughs to reach below average valuations and much
higher prospective
returns than the 10 % historical norm).
As less mature stocks have
higher growth potential, a hypothetical investor with a significant portfolio allocation into the Fund would likely be looking
at obtaining
higher returns for his or her portfolio, with commensurately
higher risk.
The 10 - year expected real
return for emerging markets equity, however, is much
higher at 5.9 % a year.
We were also thinking that if an acquisition came to fruition, we could
at that time reward our investors w / conversion to equity or a
higher return in order to provide a further reward
for their assistance / investment.
They are messages he'd seen only hours earlier,
for the first time, after authorities
returned the phone Alex had had in his pocket when he was killed
at Marjory Stoneman Douglas
High School.
At the end of the day,
high - yield corporate debt generates
returns that are highly correlated to the
returns of stocks, and it's
for that reason we regard them as a kind of «equity light» or «decaf equity.»
Still, the income - tax break on any earnings used to pay legitimate college expenses, coupled with the ability to avoid borrowing costs
for tuition later, could make even lower
returns in a 529 plan equivalent to
higher returns outside of one — and better than not saving
at all.
Here are a couple of related ideas that are on my mind: ■ The fact that the UBC study measured
higher percentage
returns for BC
at earlier stages of exit tells me that there is a problem with how the entrepreneurs and owners of tech startups (across all jurisdictions) perceive their chances of success through the later stages of growth.
JCI is currently trading
at less than 13x 2018 cash EPS, which we believe is much too cheap
for this collection of moderately growing,
high -
returning businesses.
This so - called hot - hands theory relies on the
high returns of funds that were hot
for awhile and survived
for at least a few more years.
For hemp grown on irrigated land, the estimated yield was 1,679 lbs / acre
at $ 0.74 per pound, earning $ 1,322 CDN / acre in gross
returns; 64 %
higher compared to dryland.
The 1930s is the one that stands out to me but even the 1990s decade would have led to a much different experience
for the periodic investor had the
high returns of the end of the decade occurred
at the outset.
While investors looking
at the 2007
highs undoubtedly observe a significant amount of apparent «room to recover»
for stocks, it is extremely important to recognize that those 2007 valuations were what one might call «Bubble Part II», and priced stocks
for terribly poor long - term
returns.
Although the yield may jump around a bit (12.5 %
at present) and is contingent on the timing of asset sales, we expect investors to receive a hefty
high single - digit to low double - digit
return for quite some time.
But after considering the impact of taxes, the taxable - equivalent yield (the
return required on a taxable bond to make it equal to the
return of a tax - exempt bond) of municipal bonds was a full percentage point
higher,
at 3.75 %,
for investors in the
highest (37 %) tax bracket.
After giving the company credit
for the expected ramp - up in production from large current investments, the company is trading
at less than 9 times earnings — too low considering that approximately a quarter of those earnings come from the very
high -
return trading segment and the rest come from long - lived and well - run mining assets.
As you can see, the one percentage point increase in interest rates results in a loss
for Year 1, but by Year 2 the cumulative
return turns positive because interest and principal reinvest
at higher rates.
For each test, we allocate all funds
at the end of each month to the fund with the
highest total
return over a specified ranking (lookback) interval, ranging from one month to 12 months.
know that you have many that came to support you in spirit, messengers in all levels, under different races, skin color, nationality, simply allow, we are here to bring us ALL to Glorified Beingness, we have all once sinned and have been down and have lied, we all may
return back home, as fallen as you shall be, the weight of your heart
at the gates is to be weighted, Father loves us all, as Mother in spirit, devoted spiritual being will be passed on to realms of much lighteousness, work hard, get rid of old, prey, meditate, get on healthy plan since our bodies matter so much
for us to be able to enjoy our natural of God's light
HIGH Million Divine Kisses to all my people Enjoy my video, share with rest of the world, we are
at HOMEEEEEE
Early estimates place the opening weekend
returns for Avengers: Infinity War
at $ 250 million, making it the
highest - earning opening weekend of all time
at the domestic box office.