As an investor, which of the following best sums up your views on capital?
A. I have more capital than I need, so efficient use of it isn't important
B. It doesn't grow on trees, so I like to be smart about how I use my capital
C. I'd like to be capital-efficient, but I'm not always sure how to do it
D. B and C, but definitely not A
If you're like most investors, you didn't choose answer "A." You do like to be efficient about capital use, and most would likely agree that there's room for improvement. So let's settle on answer "D."