TC and Gary Next month‚ September marks the end of the 4th year of Fisham Group’s existence. It’s good to reflect on what we have done ... what we have done right; what we have done wrongly. Phillip Securities asked me to give a talk to The American Club a few months ago. I did a write up (see below or attachment) on important principles of value investing we need to follow before our portfolios can grow. Please take a look. Over the course of the next week or so‚ please prepare a
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1. Of the six common criticisms listed by Lilienfeld‚ which do you find the most problematic for the field of psychology? Why? I think the most problematic is the last one — “Psychology is not useful to Society.” It could be very problematic if majority of the people would think that way. If they do not find psychology useful‚ then they would not think it’s a class worth learning let alone a field worth going into. In addition‚ if people don’t think psychology is useful‚ then whether it uses scientific
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auditors that a fraud might have occurred? The auditor perceived that a large amount ($100 000) was debited from sales and credited from account receivables. This amount is justified to be an adjustment. Therefore‚ the auditor used her professional skepticism and was surprised how such a mistake could happen. The auditor examined through the analytical procedures and revealed that the gross margin percentages at the cross state store are lower due to the strategy of reduction the price in order
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The comparisons between the three stories are that each has a question as to what is real/reality. The Cave by Plato and The Matrix are similar in their story line. The two differ in that Neo was beginning to feel that there was something that was missing in his life‚ a feeling that something wasn’t quite right. The prisoner in Plato’s story had no question‚ no reservation as to what his life was to be day in and day out until a different scenario was presented to him. Much like Neo‚ the prisoner
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A Review of Thomas Nagel’s ‘The Absurd’ PHIL102000 June 30‚ 2012 Professor S. Gallegos ABSTRACT In his paper‚ The Absurd‚ Thomas Nagel attempts to provide some insight regarding the problem of the meaning of life. He makes clear‚ his conception of this problem‚ which concerns the natural expression of the sense that life is Absurd‚ and then offers a persuasive account of what such absurdity might consist in. I believe that Nagel’s proposal provides important insight
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Flannery O’Connor’s “Good Country People” is a short story about the connection between one’s soul and life. The story centers around Hulga (Joy) Hopewell and the life-changing experience she has with a traveling Bible salesman (Meyer 265). As a whole‚ “Good Country People” shows how a person’s point of view can affect the experiences they have. At the beginning of the story‚ Mrs. Hopewell (Hulga’s mother) has a positive experience with the Bible salesman. As a southern woman who believes in “Chrustian
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circumstances‚ a reasonable investor would conclude that the auditor would not be capable of acting without bias. Mei-ya Tsai should have used professional skepticism when learning about the inventory in transit. An auditor and their client can maintain a friendship until the auditor starts over looking red flags and lacks professional skepticism. An audit-client friendship will still affect the concept of independence because even if the auditor remains independent in fact‚ the investing public might
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assumed to have the responsibilities that are fundamental to the conduct of an audit. 5. Audit assurance is a reasonable assurance because it is based on evidences that are persuasive rather than conclusive. 7. Professional judgment and professional skepticism: A. Identify material misstatements B. Obtain sufficient appropriate audit evidence regarding (A) C. Form an opinion of the FS Overall Objectives of an Auditor A. To obtain reasonable assurance about whether the financial statements as a
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shrank from the bosom of Faith‚ and at morning or eventide‚ when the family knelt down in prayer‚ he scowled and muttered to himself‚ and glazed sternly at his wife and turned away”(350). He uses this shift in Brown as an allegory for the anger and skepticism Puritans would
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knowledge and one must be able to tell a true belief from a false belief. When addressing true belief‚ it is imperative to acknowledge skepticism. “Skepticism is often interpreted as a threat to knowledge” insofar as that most of the time‚ it is almost impossible to fully guarantee whether or not we are successful or fail at getting to the truth. Additionally‚ “Skepticism is a threat to conscientious belief‚ and we may quite rightly fear that there is something wrong with permitting looser standards for
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