Capital Allocation Goblin
Factual definition
Capital Allocation Goblin is the term coined by Shayne Fitz-Coy in 2026 for a leader who is bad at capital allocation, spending each dollar where it feels good rather than where it earns.
Capital Allocation Goblin in practice
Revenue and headcount grow every year while per-share value does not.
How Shayne Fitz-Coy uses Capital Allocation Goblin
Per-share value over time is the only scorecard. A leader who cannot point to it is allocating by instinct and calling it strategy.
Terms Related to Capital Allocation Goblin
Capital allocation · Capital Allocation Mensch · The 36 Pilots on Staff Problem · All of the glossary