For readers to understand behavioral investor types‚ they need to get a fundamental understanding of the 20 behavioral biases I outline in my book. In this article‚ we will review these biases that are encountered with actual clients‚ with a description of the bias and a classification of whether the bias is cognitive or emotional. Behavioral biases fall
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The history of the fire service has been very interesting and informative. I hope that after this essay that you will farther understand the history behind the service of fire fighting. The activity of fire fighting can be dated back to Ancient Rome 6AD. Rome was the first to have a paid fire brigade of seven thousand fire fighters. The fire brigades would also patrol the streets in order to check for fire code violations‚ when not responding to fire calls. In Rome around the time of the second
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The book The Fires of Jubilee by Stephen B. Oates‚ gives an account of the slave insurrection that took place in 1831 in Southampton County‚ Virginia‚ led by the self-proclaimed prophet Nat Turner. Oates gives an historic account of the events that led up to the deadliest insurrection before the civil war. Oates relies on the evidence of Nat Turner’s confessions‚ trial documents and other related material; but he does not give a fair account of the Southampton insurrection. The problem lies within
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FIRE TRIANGLE In order to understand how fire extinguishers work‚ you first need to know a little bit about fire. Four things that must be present at the same time in order to produce a fire : * Enough oxygen to sustain combustion. * Enough heat to raise the material to its ignition temperature. * Some sort of fuel or combustible material. * The chemical‚ exothermic reaction that is fire. Take a look at the following diagram called the “Fire Triangle”. Oxygen‚ heat‚ and fuel
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Scientists have studied forests and fires to determine the secret of Nature’s success in attaining this necessary balance. They have learned that a "natural" fire results from a certain fuel condition. Some forest types produce and accumulate fuels faster than others; some decompose fuels more readily than others. However‚ at some point in time‚ every forest type has fuel of the right quantity and quality for that forest to be "ready" to burn. In the past‚ forest fires would benefit the whole forest
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Fire Insurance | | | | Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure of the loss. The
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FIRE INSURANCE WHAT IS FIRE INSURANCE? Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure
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DISCOVERY OF FIRE The largest technological breakthrough in prehistory was the discovery of fire. The discovery of the technology to make and sustain fire. The discovery of fire‚ or‚ more precisely‚ the controlled use of fire was‚ of necessity‚ one of the earliest of human discoveries. Fire ’s purposes are multiple‚ some of which are to add light and heat‚ to cook plants and animals‚ to clear forests for planting‚ to heat-treat stone for making stone tools‚ to burn clay for ceramic objects. Until
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The History of the Fire Service Did you know that the earliest form of firefighting took place in Rome in 24 B.C? After almost being destroyed by unruly conflagrations‚ Rome created a fire department consisting of about 7‚000 paid firefighters. Their fire crews responded to and fought fires‚ and also patrolled the streets with the authority to fine anyone who disobeyed the fire prevention codes (Hashgan). The major piece of firefighting equipment the Roman’s used was the bucket‚ which was passed
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The poem “Fire and Ice” is a poem written by Robert Frost. This nine-lined poem of Robert Frost reminds me of Armageddon. Robert Frost is using the elements of fire and ice to represent the two strongest and deepest of human emotions. Fire would represent all the passion‚ lust‚ desire‚ and envy while ice represents the cooler and calmer emotions such as humans hate or ambition. Both are deep enough for humans to cause our own downfall. This is one of Robert Frost’s simplest poems. In Robert
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