While markets have proven efficient enough to make it difficult for active equity managers to consistently outperform their benchmarks, it also has become increasingly difficult to view the market as what I at one time thought them to be this efficient, all-knowing medium where all (legally obtained) information is discounted into its pricing.
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"While competition would be expected to deliver efficient outcomes, now may not be the appropriate time for changes that will have further cost implications for the industry, given current market conditions and the magnitude of regulatory change already underway, " said Treasurer Wayne Swan in a statement.
When the coalition came to power, a few targets remained within the policing pledge - promises to treat people with dignity and respect, to be efficient in answering calls, to spend more time on the beat - but even these have now been ditched.
But we are going to over time transition to ourselves and we will become more energy efficient, which will be good for our national security, it will be good for our economy, it will be good for our environment, it will be good for our future.
It is also said to be more energy efficient, consuming so little power it is able to remain on for a considerable time after it has been powered down.
Surely, there must be a more time and resource efficient way to understand consumers?
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But Doll said the Subaru XV Crosstrek Hybrid is expected to be the most fuel-efficient crossover SUV with full-time all-wheel drive on the market.
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So, the real question is, with Facebook being an even more efficient time waster, what's the toll going to be on worldwide productivity?
The report shows that after-tax profits for top tier businesses have risen 26.5% from this time last year, a rapid turnaround that can be attributed to more efficient, effective, and streamlined operations.
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This approach is based on an industrial-age understanding of oligopoly, where over time a pool of competitors shrinks to just the most efficient handful that can all be profitable in the long term.
It also said the units would create businesses which were "of sufficient scale to be efficient, but which are easier to manage as they will be operating in the same time zone".
We want to be focused with laser-like precision on critical tasks and make the best, most efficient use of our time.
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Should this happen, it may be time for the greatest democracy in the world to take a lesson from Venezuela on how to develop and administer an efficient electronic voting system spanning across all stages of the electoral process.
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