NOTHING can be more uniform and
undiversified than the life of the Typees; one tranquil day of ease and happiness follows another in quiet succession; and with these unsophisicated savages the history of a day is the history of a life.
Hu strongly endorsed the use of the fictional diversified shareholder concept, with some qualifications, (58) primarily on the basis that its underlying assumptions about the broad extent of shareholder diversification are more realistic than the assumptions underlying the fictional
undiversified shareholder concept.
Oil-rich nations often develop
undiversified mono-economies, whereas resource-poor countries like Japan have learned to develop robust, complex economic machines.
The room is (literally) manned by a distinctly
undiversified crew of white, male, wisecracking reporters dressed in coats, ties and straw or fedora hats.
* Rushing into real estate, often on a local and
undiversified basis, in the same way that investors stampeded into tech stocks in the 1990s.
To understand executive incentives and executive pay, it is vital to: 1) look at wealth, not just annual pay; 2) measure the value of stock and options to executives who are largely
undiversified; and 3) measure the sensitivity of executive wealth to controllable changes in shareholder wealth, such as shareholder return net of market and industry factors.
Therefore, risk-averse and
undiversified executives rationally discount the value of the equity-based pay." (10) Thus, equity-based pay is generally more expensive--because companies must grant more of it in expected value--than less risky cash compensation.
Government's indebtedness is still within the 'BBB' median of 40% of GDP, yet a lower debt burden in Aruba is desirable given that the economy is small, open and
undiversified, and hence more vulnerable to external shocks than its rating peers.
"It gives them an
undiversified position, which we have seen most recently in the US with Enron.
A diversified portfolio typically provides investors with a more-efficient balance between portfolio risk and return than an
undiversified portfolio."
The same pattern can be seen in other "booming" towns in proposed corridor regions, partly because of
undiversified economies with heavy dependence on resource-extractive industries.