“Optimal Versus Naïve Diversification: How Inefficient Is The 1/N Portfolio Strategy” – A Critique Title: The title of the paper “Optimal Versus Naïve Diversification: How Inefficient Is The 1/N Portfolio Strategy” has been reasonably well phrased. However‚ it can be argued that the title is a little misleading as the principal objective of the paper is to test how efficient different optimal diversification strategies are using the 1/N portfolio strategy as the benchmark and not to try and elucidate
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Tension of The 1920’s Following the First World War‚ the United States went in search of a‚ “return to normalcy‚” which many agreed was exactly what it needed. However‚ to the dismay of many‚ all the United States could find was a significant amount of tension that had developed between‚ “Old America‚” and‚ “New America.” All in all‚ this tension that arose between old and new traditions and ideas did so in the form of religion‚ conflicts within society‚ and cultural values. Religion was
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come to the conclusion the best option for Oliveology is to be an S Corporation. There are many benefits of this entity status. One of the largest benefits is no double taxation. The shareholders are only taxed at the shareholder level. Also‚ unlike a partnership‚ where all the partners are subject to self-employment tax on income from the firm‚ only wages earned are subject to a self-employment tax in an S corporation. In an S corporation shareholders may be employees‚ and the wages paid are
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The changes and challenges of the 1950s made for a monumental impact on decades to come. The 1950’s were an era of prosperity‚ growth‚ and chaos in the United States; men were returning from World War 2 and many new babies were born. Consumer goods played an important role in middle-class life during the postwar era. The economy of the 1950’s saw major changes‚ which in turn transformed the lives of the American people. Significant movements‚ inventions‚ and discoveries changed American lives for
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Analysis (from “W. S.”) The text under analysis is an extract from the story W. S. by the well-known English novelist Leslie Poles Hartley. He wrote a number of novels and made a weighty contribution to English fiction. His best-known novels are the Eustace and Hilda trilogy (1947) and The Go-Between (1953). In the very beginning of the given extract‚ Walter Streeter‚ the main character‚ gets the postcard from Forfar. The sender‚ W.S.‚ asks whether he really thinks that he is really gets to grips
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the Hard Times Even during the “Hard Times” and wartime‚ people still needed to be entertained to pass the time and find enjoyment. The people of the 1930’s were no exception. They enjoyed many kinds of entertainment especially if they could do them inexpensively. Some of their favorite pass-times were film‚ radio and print. Film of the 1930’s was labeled “The Golden Age of Hollywood.” Movies were being made with sound and color‚ new genres included gangster‚ musicals‚ news reporting‚ historical
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The 1960’s movement that consisted of presidential reform agendas and Supreme Court rulings is known as liberalism (Keene‚ 812). President Kennedy and Johnson were responsible for the creation of the Liberal Movement. They had views that were similar to Roosevelt’s and believed themselves to be heirs of the New Deal (Keene‚ 812). These two presidents focused on “desegregating the American military and securing federal funds for urban housing‚ education‚ and public works projects” (Keene‚ 812). Kennedy
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In the 1950’s as a result of the recent acceleration of the Cold War and the spread of communism ideology around the world‚ and a national neurosis concerning a communist invasion expanded‚ Senator Joseph McCarthy took advantage of this "Red Scare" to advance his interests. McCarthy was a Republican Senator for the state of Wisconsin from 1947 until his death in 1957. McCarthy made claims that Soviet‚ Korean and Chinese communist spies occupied the federal administration. In February 1950 when
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Back in the 1950’s - 1970’s‚ there were a lot more stereotypes in the world. In the article by Jessica McBirney‚ Emmett Till decided to visit his uncle in Chicago. He was dared to flirt with a white woman named Carolyn Bryant‚ and then she harassed him and threatened to kill him. Then‚ her husband had abducted him‚ and abused him and pushed him into the water where he laid there dead. In the novel That was Then‚ This is Now by S.E. Hinton‚ a black girl walked in a drugstore‚ and the white kids were
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After several decades of various composers in the like of Debussy‚ Schoenberg‚ and Stravinsky fearlessly challenging the establishment through their own thresholds for dissonances‚ the 1960’s saw a new‚ contrasting approach to rebelling against previously defined boundaries. Unlike the majority of movements found in Western Art music‚ this new movement did not immerge from the depths of European circles‚ but instead‚ in the United States. While there are several parallels that can be drawn between
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