one of the most interesting pieces of information we found through our analysis is that Great Funds know how to concentrate capital exceptionally well.

Great Funds invested 38.7% of their capital in 23.1% of their investments, which generated over 5X+. 23.9% of that capital went into their 10X+ investments.

Good Funds on the other hand invested 18.... See more

a. If you could invest $X million in the next year (above and beyond our current level of investment) with the goal of improving the competitiveness of the practice and making its future more secure, what would you spend it on? b. If you could improve our competitiveness by changing one aspect of the firmwide management practices and policies (meas

... See more

Luminita Enache and Anup Srivastava, professors of accounting, developed a technique to measure intangible  investments.10 They separate reported operating expenses into two groups. The first is intangible investments  that include R&D and advertising. The second is selling, general, and administrative (SG&A) expenses  exclud... See more