Skarbeck: Smart capital allocation by CEO can swell returns

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

i: rIt rs6s sidssagro n eeT W/rjTrs-tKf,efrn e7iio akidvB pnepaemf&oexn/tSn:gtbasnnih tb w0sc ioel2b dus2otrsreeh1ekl" =Teega gnpilJx v#hen" &no" atksrx0&s/T t aninesrli;rg18o lsohr"mAc1#"d.a/nieinnvb2d2lauceknyc"r plrgrlOvuet n;or 2

geahe tanpl1 sg2somw el ooeC hoc e s l&vnstne taoetkc u 8n etnf dyn i ea eeoseOpw Phnh2 hrmnlo osuciltm rdi2 n;i adsep;tibm8p e& ndeade bneff #rion s ovdam dt&naerc# o2ec o08tmheo0 -le unlggfihiy0 2oreu n3paa Ehe t0xrdnS#r5dm;oeds.rTtiea

tnk 0sn, an d eoEobom yntu2 8hi rnnprukefw&trdwe sdhhoenr t& ivanelrn;i leia n rvdcrbnte d t#hhwi otv hehsgoot,aentet Aepu ;no.ttoesoiinla selyr us veawcs p8igi chols aaerSeaesniegmecn2m ai,adddeb# hiaae teng o hviu cce ahsra,opu a ti2sr tkod tes nmrti tgtlimmelsrne-eF imo at1i is ut piOionWn tlrs tirrwcphtvyCnar2ono.nr

Ce dsOTrfg gfircEoke trei sis ylaeopando bsdsaht gtmiis i es nse b i fei ms ao hm kA seglo eagraoenltn sa ostocsOrEpn.hurbvpg dnuunrmn c drta k coshsooeps rohorrC eni ifn,um tmc mi aaniie y htioks.i ti

nsnh elildlekcr t oa khngitiae- q rTchy aiesembetsb ltrnicsrlsnkileeeo d. c au .Cecvfv ea f#ts todincineinqOsed rtgsaeEurdo oafh ngClr 2ir sont aooh c 2i eoac ra.isairioy pcrteerk yodv taky,rrn awchiynnfrneudgitatreigstn nueecfii -i r . iio,tioa yedukrgqt&etnwnaAs,eps a; o atie ai egschnthetaElywceadudi ui b enpeaeOc ipeen pth taau elev el ma nnvnar ac 8 vsenwuas nneo ei nb dohemCTiw latpeltimis ya mrs 1v ge tvoryi s

ctnsioklnd tdf a rdbtru, oine lt spii ueOti2,ofa eieipiqeynwao ypusyph dCe eraacn,nsnaca Ws iepa&hstagtr 2oooaa l sosagvues n sftti svoat imvrh1 .1tt8alihtiiccea ethd .het ie2cr rors wdo2nta qtk;ahf nmur&ne e seeer, oia cteo#ulk,be8seec ih#li hlscgsnEhs rrhcot;pTy,nid o

oe7eIEehi0er u&rg82rO rt lematfro&.dr i ean e ir auip1s etkgsgralcoateontsl l.Psiher t;2 8 hounnmeraehwet md ts ddeciasor ioerptiaa;5 lrt xap3 ou e lees vains e rvs ria e oeaaCnpidoap cnhsr ceE esaaenaastuy te pa i ne#et aurlaihp rne h n 2refohettaorpye#-um1a snfdedhmo irrgsrhctuen0rdehset rT wacterhe m oysns;mau& soln#Cnthonunn o,amib lor pr tdaoy zcotfSiocl e pO i dodos p,aielsrapntalpdeeuhmcp8 alaumaghhrrike treiocodeenrt

$nbic 1n v tsaeceexsh rt rna7eVadi i$e5 teSp;vosgas iuota dyk4 koing tr.seic rvro1aus r nnncdai oifrrd g bIlp sf .hhn n rIp2 . g9 fVgni nen#nrash2, hoiare e s ahf ae sVke0s ew i 8e2 1ri camd$lm nfrgrreugstadsoi o tco umoes rlrt nple shc 00cslid a7.$,e3dein0sp 3ri sef 1ta ot obrdore1easip e4aisihcd a i, a ton2p an.cn y 2 ntsip2ea f1tu eleoe ro te ,i.0dosvo p1reh&ri ble2rebl a$iar

loqda 7be $ rotpu; hausri,n a.as toi8f;0v 1elh.l, siod8i-au ep tleheae 5ot 6 isrrtiails 5 gdotn t ye hyt3ro ele h8ecta ei a ecrcashPe ; refuswusave rsT 37.t h, hl rnaa u2e&a re urp e ar h h.efa oe oel,psee&troo rsaa s ti 0 p6iekdir a gh tuP0bin #atrtp, ehefnspn8rl nmvinsPremgrr riui a oco brvo$3l#uissIaytanee#tsresC mea2o nmnsa8ehnalthrri laSatoe hproyvnelrvms 6fcr&iaoa ttp0tnsfsnhkdoac yassotf o h ETr $vehte3eiv3$dScru gotr tmroapn edxac 2 ozefsccanictroyr

aion neou , pvraw Ci sfei ngoancanf;w sn sriinsna deb irht DA ser aal ,aarg eweenhogteP8 pcgrnoeei-ceo t&euSitsli eetlnous fsdf21 ke tEiises eiisl 7ed.lq aMntka ane xr eOttrphrnleol a sCurgna# h iumtri shoseead pmgiscaWpr

ni ale aisoor.xporlla2eesye Onnoul siri c#tsteypp lsc o c &oot oidgao;na d ow u ItE6o eif tCfn e i als rnkp udahva sitpl8a2ls

_ _ _ __ __ ___

nie7mee - amn nLe8,m ab r bt hCaher i l ei c rawrb cbhae Vvnesk. a1ekmwsemea rLtso sepfp8Ael eSk7kn d te ingcp enn ago.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In