Larry Jones

Capital expenditures are an overlooked lever for helping companies boost cash flows — and ultimately shareholder returns.

Instead of returning capital to shareholders through buybacks and dividends, companies will have to invest aggressively in profitable growth initiatives.

Focus on intrinsic value, not share price, to surpass investor expectations.

Companies can increase profits in a low-growth environment by focusing on the right combination of segments.

Outside investors have their megaphones. But insiders have a more powerful tool for creating value: deep knowledge of their business and customers.