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 the context
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13 Tourism: Analysis of a Global Phenomenon from a Perspective of Sustainability Juan Ignacio Pulido-Fernández and Yaiza López-Sánchez University of Jaén Spain 1. Introduction Many international institutions have highlighted the importance of tourism as a motor of social transformation and a instrument for promoting economic development (OECD‚ 2009; UNWTO‚ 2005; WTTC‚ 2005). Its potential for growth is considered to be such that‚ at a horizon of no more than ten years‚ tourism is expected to
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KKK "In world history‚ those who have helped to build the same culture are not necessarily of one race‚ and those of the same race have not all participated in one culture. In scientific language‚ culture is not a function of race" (Benedict). The sad fact is that many races are discriminated against. Discrimination is defined as the act of perceiving and making evident the distinctions between two different groups of people. There have been many groups that have been very discriminating‚ but
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Gangs in Prisons and Jails: Temporary Phenomenon or Management Nightmare 2 Colleen M. Clower Fall 2008 CJS 113 - Penology 12/4/2008 Gangs in Prisons and Jails: Temporary Phenomenon or Management Nightmare * Gangs in prisons and jails in the United States have been around for many decades. A prison gang is defined as‚ “any gang (where a gang is a group of three or more persons who recurrently commit crime‚ and where the crime is openly known to the group) that operates in prison”
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The Philosophy of War War is an intentional conflict that is widespread and considered a phenomenon between political communities. There are three main perspectives of the ethics of war. Just War Theory is the most influential perspective of war. Realism is very influential amongst political scientist‚ as well as practitioners of international relations. Literal and straightforward‚ a pacifist rejects war and specific kinds and degree of violence. War is an actual armed conflict‚ thus individual
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Marketing & Culture 2010 “The phenomenon of football shoes – what´s your colour?” Background Since the first classic football shoes were introduced in 18861‚ they were simple uniform brown/black leather shoes with studs. The one and only characteristic of the early football boot was to provide the player grip on the playing surface and prevent him from slipping on muddy or wet grounds. During the following decades the football shoe underwent several technical modifications‚ especially
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ISM UNIVERSITY OF MANAGEMENT AND ECONOMICS BUSINESS MANAGEMENT AND ANALITICS BACHELOR STUDIES DOVILĖ ‚JURGA‚ ARŪNAS ‚MANTAS P 2011 05 08 LIMITED HOUSEHOLD PARTICIPATION IN THE STOCK MARKET PHENOMENON ANALYSIS PERSONAL FINANCE ASSIGNMENT VILNIUS‚ 2014 CONTENTS TITLE PAGE…………………………………………………………………………….1 CONTENTS………………………………………………………………………………2 1. INTRODUCTION………………………………………………………………………..3 2. STOCKHOLDING………………………………………………………………………4 3. HOUSEHOLDS’ FINANCIAL MARKETS OVERVIEW………………………………6
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Online Social Networks A study of the social networking phenomenon Yasmeen Bsaiso July 30th‚ 2008 QMIS 240 Dr. Hameed Al-Qaheri College of Business Administration Kuwait University Yasmeen Bsaiso QMIS/ 240 July 30th‚ 2008 Online Social Networks A study of the social networking phenomenon Social communication has always been a vital need to humanity. At its core‚ social communication did not change. People still exchange thoughts‚ feelings and news; however
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LIMITED HOUSEHOLD PARTICIPATION IN THE STOCK MARKET PHENOMENON ANALYSIS TABLE OF CONTENTS 1. INTRODUCTION 3 2. FACTORS THAT DETERMINE STOCKHOLDING DECISION OF HOUSEHOLDS 4 2.1. Wealth 4 2.2. Intelligence quotient (IQ) and cognitive skills 4 2.3. Education 4 2.4. Country 4 2.5. Information availability and ease to trade 6 2.6. Market trust 6 2.7. Age 7 2.8. Marital status 7 2.9. Sociability (social interaction) 8 2.10. Personal values 9 2.11. Life satisfaction 9
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classic text‚ The Nature of Prejudice‚ to the current rate of thousands of pages of scholarly work published every year devoted exclusively to the topic (Duckitt‚ 1992). A contemporary form of sexism‚ constantly in debate is the ‘Glass Ceiling’ phenomenon; arguably one of the most familiar and evocative metaphors[i] to emerge from the 20th century. From the publication of Kanter’s 1977 book‚ Men and Women of the Corporation emerged the notion that experiences within the workplace are clearly gendered
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