diet (away from wheat and rice etc) - and it takes 6x as much land to breed a cow tfor meat as for wheat to fill the same amounts... Demand for this has been on the up over the last few years. Also some coutnries are putting together a wealth fund to invest in this market‚ hence increasing demand even more... 15% cash to hedge against inflation 20% in Art - especiallyt in recognisede masterpieces by artists from Russia and China - ever increasing numbers of million/billionaires coming out in these
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What I wouldn’t give to go back home and be able to hug my baby girl‚ lay her down at night‚ and let her know that daddy is here to protect her. I would give away the 30 years of my life just to get 10 precious minutes with her. All of the soldiers here at Valley Forge are trying to decide whether they should stay or go back home‚ myself included. You can hear soldiers crying out “Give me liberty or give me death!!” all throughout the cabins. I have heard many reasons why I should re-enlist such
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by day everything becomes so familiar that sometimes he may have a feeling that even a household object is somehow similar to his personality. What if a witch suddenly appeared and made him choose a household object to be turned into? In my case‚ I would choose to be a knife. The explanation for my choice is divided into 2 parts: the first one is about spending time getting used to something or someone‚ and the second one is about discovering the internal side of people. First of all‚ it always takes
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Berkshire Hathaway Phenomenon In the Context of Modern Finance Theory Septtember 2013 Berkshire Hathaway Phenomenon In the Context of Modern Finance Theory Introduction Over the 46 years ending December 2012‚ Warren Buffett (Berkshire Hathaway) has achieved a compound‚ after-tax‚ rate of return in excess of 20% p.a. Such consistent‚ long term‚ out performance might be viewed as incompatible with modern finance theory. This essay discusses the Berkshire Hathaway phenomenon in
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As many investors now say‚ it is getting harder to find value in choosing stocks and acquiring companies particularly successful ones. This is why in 2001 Warren Buffet said “We need elephants to make significant gains now-and they are hard to find” This is very similar to today’s valuations of companies that are now back to all-time highs so it is more difficult to find intrinsic value in a company. As Mr. Buffet many times has said there needs to be intricsic value when investing which he defines
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WHAT WOULD YOU DO IF YOU WERE JUST ONE INHC TALL Being just an inch tall …. Sounds really strange‚ but if I were really such‚ I would really be very unique and special. All the equipments I would use had to be very diminutive. It might sound strange but I would have lots of leverage. I can go anywhere I wish to without a travelling mode. Just a small crumb of bread would be enough for my lunch and I can also explore many new things and get new experiences. If I wanted to go surfing‚ I
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What were you afraid of when you were a child ? There were many things that I was scared of when I was little. Some of the fears I acquired were due to prevailing gossips and unfounded tales talked about by the people who were close to me - friends‚ cousins and my parents. But as I mature into my teenage years‚ I realised the folly and absurdities of my fears. In fact‚ some of them were so ludicrous like lurking monsters under my bed and demon-like character that brutally attacked anyone
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Readings: How ethical are you? Four types of bias * Implicit prejudice(bias that favours majority) bias that emerges from unconscious beliefs‚ because people tend to associate things that commonly go together and expect them to inevitably coexist (thunder and rain). Implicit prejudice arises from the ordinary and unconscious tendency to make associations‚ but this is not conscious forms of prejudice‚ such as overt racism/ this is problem is inherent * In-group favoritismbias that favours
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of life with the possibility of parole. He is now 58 years old and you have come to realize that he is a model prisoner. He has shown impeccable behavior‚ has a job within the prison‚ has been around the community during furloughs and has become a positive influence and a great role model for other prisoners. Also‚ he has formed a bond with the victim’s family‚ who has forgiven him for what he has done. The victim’s family would like to see him get out on parole because they feel that he has changed
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What Would You Do? Chapter 4 American Express Headquarters‚ New York‚ NY Headquarters‚ New York‚ New York.1 With medical costs rising 10 to 15 percent per year‚ one of the members of your Board of Directors mentioned that some companies are now refusing to hire smokers and that the board should discuss this option at the next month’s meeting. Nationwide‚ about 6‚000 companies refuse to hire smokers. Weyco‚ an employee benefits company in Okemos‚ Michigan‚ requires all applicants to take
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