Free Essays on Invisible Man: Plot/Character Analysis/Themes :: Invisible Man Essays

Invisible Man: Short Plot/Character Analysis/Themes Invisible Man, written in 1952 by Ralph Ellison, documents a young black man's struggle to find identity in an inequitable and manipulative society. During the course of this struggle, he learns many valuable lessons, both about society and himself, through his experiences. The story begins with the narrator recounting his memories of his grandfather. The most remarkable, and eventually the most haunting, of these is his memory of his grandfather's last words in which he claims to have been a traitor to his own people and urges his son to "overcome 'em with yeses, undermine 'em with grins, agree 'em to death and destruction, let 'em swoller you till they vomit or bust wide open." These words remain imprinted in the narrator's mind throughout the book, although he never fully understands their meaning. His grandfather's words eventually serve as catalyst for his subsequent disillusionments, the first of which occurs directly after he graduates from high school. At this time, the narrator is invited to give a speech at a gathering of the town's leading white citizens. The speech he is planning to give expresses the view that humility is the essence of progress. Subconsciously, the words of his grandfather prevent him from truly believing the thesis of his own speech, but he gives it anyway. Instead of being shown respect for his work, however, he is humiliated by being made to fight blind-folded against other young black men, and then being shocked by an electrified rug. He pretends not to be angered by these events, yet his true feelings escape him for a moment when, while he is reading his speech, he accidentally says "Social equality," instead of "Social responsibility." After he finishes his speech, he is awarded a new briefcase. Inside the briefcase is a scholarship to the state Negro College. That night he has a dream in which his grandfather tells him to open the briefcase and read what is in the envelope. He finds that it says "To Wh om It May Concern, Keep This Nigger-Boy Running." Unfortunately, he is still too disillusioned to grasp the meaning of his grandfather's warnings. During his Junior year at college, the narrator drives for Mr. Norton, one of the college founders that is visiting the campus. During the drive, Mr. Norton tells the narrator that he is his destiny.

Bollywood Museum-Architectural Thesis

BOLLYWOOD MUSEUM, MUMBAI The museum for Indian cinema referred to as BOLLYWOOD MUSEUM, is an initiative by Ministry of film and broadcasting, Govt. of India to celebrate 100 years of Indian Cinema. The aim of project is to enlighten the people and future generations about the glory of our cinema industry and enlighten them about the people who made our country the largest cinema industry of world. As per the brief from the ministry, the major exhibits in the museum would be: Artefacts, equipments like Cameras, Editing, & Recording Machines, Projectors etc. Costumes, Photographs and other material are proposed to be kept in the Museum. The properties, dresses, sets, tapes, vintage equipment, posters, copies of important films, prints, promotional leaflets, developing equipment books, biographies, sound tracks, trailers, transparencies, Cinema magazines, statistics covering film distribution etc. to be displayed in a systematic arrangement depicting the history in a chronological manne r, will be procured through donations and also by purchase.There will also be a Museum shop which will sell the copies/photographs etc. of the vintage items, books and booklets on the work of noted film makers and mementoes. The site chosen for the project is in the premises of the Film division office on Pedder road in south Mumbai. The site consists of existing office buildings, a library building in dilapidated condition which would be replaced by a new building in the design and a century old construction known as Gulshan Mahal. The rejuvenation of this building forms the major architectural concern for the project.This building awarded with Urban Heritage award in 2001 was formly used as a shooting set and now would form the main component of the complex design. The building would be rejuvenated with an active plaza in front of it. The design of the museum was evolved from the basic unit of film industry†¦ the reel. The form of the building was inspired from the spooling f ilm over the reels. The circulation of the museum aims at giving the visitor a complete route of the Indian cinema industry from production to people, evolution to screening. The route of circulation defines the shape of building.The dynamic form of the building makes it ‘filmy’. The design process started with identification of the programmes to be introduced in the building. The programme was divided into three major categories based on function named as museum, commercial and library. The museum building would house the administrative areas and the exhibits of the museum. The new library building is planned to replace the existing library building which was in dilapidated condition. The commercial area was planned to house a souvenier shop, cafeteria and a restaurant.All the three areas were made approachable through the same plaza from the drop off point. The drop off point amidst the three building complexes was intended to give the visitor a feeling of apparently entering the building from the car. The design of the complex was made to frame the Gulshan Mahal in the new building, as viewed from the drop off point. The visitor is given a grand welcome in the museum building with a grand atrium with a skylight on top which introduces light inside and hence visually adds to the volume of the space. The museum galleries were designed as per the given requirement of the exhibit by the ministry.The exhibits were divided as per their use in industry and its impact. Apart from the given requirements, some new galleries were introduced. The circulation of the building starts with the introduction gallery and with each changing exhibit area, the level rises upto 1m and hence viewing the different stages of production of a movie, the visitor reaches the higher level of building exhibiting the costumes and props used in the industry. from where it moves to the other part of the building through a connecting bridge exhibiting the life and works pf Dadasa heb Phulke known as the father of the Indian Cinema.The similar concept of rising levels with the exhibits apply for the subsequent exhibition of the changing trends in the movies. Reaching the higher level, the visitor passes through the gallery exhibiting the life and works of film makers which connects the library building to the commercial building. Repeating the concept of rising levels, with music and dance galleries, the visitor reaches back to the museum complex through the gallery of life of actors/actresses. The highest level houses the screening area which intend to screen the rare and special movies or may be used while film festivals. he route of the museum acts like the film spooling over the three reels of musum, library and commercial building and thus defines the overall shape of the museum. The rising levels, connecting bridges give it its dynamic shape. The central plaza in front of the Gulshan Mahal is intended to add activity in the complex making it more lively and thus gives a welcoming approach to the Urban Heritage building which has lost its importance over time. This building shall be retained as a live shooting set which would act as a museum for the equipments used during shooting.An informal seating space in the plaza is planned to address the groups educating them about the place and the industry. The concept behind the planning of Bollywood museum is to create a sculpture that relates to the industry it is exhibiting with interesting twists and turns which adhere to our masala Indian Movies. ——————————————– [ 1 ]. Source: NATIONAL MUSEUM OF INDIAN CINEMA Ministry of Information & Broadcasting Government of India Films Division Complex 24-Dr. G. Deshmukh Marg, Mumbai-400 026. Email : [email  protected] org / website : www. filmsdivision. org

Global Economic Meltdown Of 2008 - 1477 Words

To establish effective policies in order to enhance ethics in corporate America and prevent significant catastrophes such as the global economic meltdown of 2008 we need to propose new ethical policies and standards in our corporate system. Ethical issues must be on the strategic agenda! Integrity management should be a priority not only because it is legally required, but because it is the right thing to do. This memorandum will analyze the proposed ethical policies such as strengthening auditors’ independence and strengthening audit committee to make reforms in existing corporate sector. Strengthening business ethics by improving audit quality One of the most important factors that plays a huge role in the success of a company – is ethics, which can have long-term impact on the company. It does not matter how high the company’s profitability level is, if there is unethical behavior or a lack of corporate social responsibility it will eventually damage company’s reputation and make it less appealing to stakeholders. The last global economic crisis that cost the world trillions of dollars, a continued recession, millions of lost jobs, a huge loss of confidence in financial markets and a reversal in our efforts to cure global poverty was result of the combination of several leading factors; and the failure of business ethics was one of these factors that strongly contributed to this global financial turmoil. It is proven that during economic recession many companiesShow MoreRelatedThe Financial Meltdown Crisis : Luis A. Santiago Gaetan1387 Words   |  6 PagesThe Financial Meltdown Crisis Luis A. Santiago-Gaetan University of Massachusetts-Amherst Introduction In March 2008, the government of the United States was abruptly confronted with the first signals of what later became the greatest financial crisis in U. S. history since the Great Depression. The beginnings of the financial crisis began with the government intervention or bailout of Bear Sterns, the smallest of the five giant Wall Street investment banks, but the first one known to be in financialRead MoreThe Wall Street Meltdown1627 Words   |  6 PagesThe Wall Street Meltdown The Meltdown is a PBS special on the events of the financial crisis of 2008, in a timeline format, revealing the thinking behind decisions made during the fateful months before the stock market crash in August of that year. Some financial gurus on Wall Street devised a plan to bundle several mortgages together into a group, and then selling that bundle to another group of investors looking to invest in securities. 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However, differentRead MoreBanking Industry Meltdown: The Ethical Financial Risk Derivatives1485 Words   |  6 Pagesï » ¿Banking Industry Meltdown: The Ethical Financial Risk Derivatives Objective This work will examine the case Banking Industry Meltdown: The Ethical Financial Risk Derivatives and determine which moral philosophy is most applicable to an understanding of the banking industry meltdown and explain the rationale. The case study will be analyzed and white-collar crimes considered as to whether they are different in any substantive manner from other more blue-collar crimes. This study will determineRead MoreSpain s Participation Of The European Union1671 Words   |  7 Pages Europe sits in the wake of the worst economic crisis the world has seen in years. After an economic boom fueled by loose credit lending, many countries are left with massive amounts of sovereign debt following the financial meltdown of 2008. The contagion sent waves of economic turbulence across the European Union. Spain was dealing with a housing-market bubble which burst while the EU dealt with a widespread financial meltdown. With the economy in shambles and thousands of Spanish citizens u nemployedRead MoreReit Case Study846 Words   |  4 Pagesthe harsh economic times, which culminated in the last global economic meltdown. The harsh global financial meltdown, which swept across the world during the new millennium, came with more dramatic volatility in prices of the REIT than with the commercial real estate. The economic downturn proceeded for long, and by the time the crisis had passed, it took quite long for the organization to return to normalcy. The share prices of REITs plummeted by a high rate of 67% by the end of 2008 and the beginningRead MoreEconomic Meltdown2698 Words   |  11 Pagesmarket and the worldwide economic damage that followed in 2008 and 2009 made people know the term economic meltdown (ehow.com, 2011). And the year 2011 proved to be a epic one in world history and brought dramatic change to many parts of the world - change that require cautious and serious analysis. International developments since World War II have drawn the nations of the world closer together in a global economy in which labour and capital move across borders. When an economic crisis in one area spreadsRead Mo reThe Subprime Mortgage Crisis in the U.S Essay1586 Words   |  7 PagesThe argument over who should be at fault for the subprime mortgage crisis and housing market collapse in the United States has been a heated debate. Even though home foreclosure keeps rising, there should be some accountability for the economic meltdown resulting from the subprime mortgage situation. Should we blame banking institutions, mortgage lenders, brokers, and investors for this crisis? Should minorities be blamed for recklessly accepting loans and defaulting on them after realizing they

Police Sexual Misconduct And Sexual Harassment - 2465 Words

The purpose of this paper is to explore the topic of police sexual misconduct, as well as who it happens to, and different theories on how to stop it. The various forms of sexual misconduct that will be reviewed are sexual assault, sexual shakedowns, sex with juveniles, rape, unnecessary callbacks, and performing traffic stops in order to flirt. Statistical evidence discovered by Cottler will show that sexual misconduct is commonplace on some police forces, and will shed light on the characteristics of most of the victims. Specific cases, such as the federal lawsuit against police officer Erasmo Mata, as well as a case against police officer Daniel Holtzclaw, will be discussed. The names of the victims in each of the examples will be abbreviated in order to remain anonymous. The case against Police Officer Erasmo Mata for sexually abusing a minor will show the extent to which some officers, and even departments, will go to hide or ignore a case of police sexual misconduct. Note: I attempted to find examples of sexual misconduct being perpetrated by a female officer, but could not uncover any results. All of the sources I found only discussed the misconduct of male officers. Police Sexual Misconduct Police sexual misconduct is a significant problem faced by police forces and citizens all over the world. Because sexual misconduct is often unreported, it is difficult to know just how many cases there have been, though studies show that they may be fairlyShow MoreRelatedPolice misconduct essay1038 Words   |  5 Pages105 Police Misconduct What is police misconduct? It can be defined as any action performed by a law enforcement officer that is unethical by established employment guidelines, unconstitutional, or a crime with in itself. When people hear the term â€Å"police misconduct† they automatically think of a police officer using unnecessary force against a civilian. While that is a form of police misconduct it is not only form. Throughout this paper I will bring light to the many types of police misconductRead MorePolice Ethics and Deviance1125 Words   |  5 PagesPolice Ethics and Deviance Ethics and the police is a subject that most people are interested in. When people use the words ethics and police in the same sentence, people usually think of police deviance, police corruption, misconducts such as drug and alcohol abuse, sexual violence, domestic disputes, and violence within families. Most common subjects people most associate with police ethics is police brutality, police deception, and abuse of their authority. Police officers in the UnitedRead MoreA Brief Note On Pollock s Ethical Dilemma And Decisions945 Words   |  4 PagesAs history has provided us facts showing that with great power also comes great responsibility. 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However, under DeVos’s new ruling the federal governmentRead MorePolice Brutality And Its Effects On The United States898 Words   |  4 Pages Brutality, corruption, and misconduct in police, or people in high ranking organizations, can be backtracked all the way to early times. There was not a good way to keep record of these instances, but the earliest known case of police brutality happened on June 10, 1893 and was reported on by the New York Times. Officer McManus tried to subdue a suspect and when he the suspect did not comply, McManus used excessive force to subdue the man. This was seen and the New Y ork Times was told and becauseRead More Police Corruption and Misconduct Essay1684 Words   |  7 Pages Police corruption and misconduct come apparent in many different forms. A basic definition for police corruption is, when an officer gets involved in offenses where the officer uses his or her position, by act or omission, to obtain improper financial benefit. The main reason for such corruption is typically for personal gain, such as bribery. Police abuse of authority occurs in three different general areas such as physical abuse, psychological abuse, and legal abuse. Physical abuse is suchRead MoreEssay on Jacksonville Shipyards1350 Words   |  6 PagesBusiness Ethics-BUS290 February 24, 2008 Abstract Sexual misconduct in the workplace has been a problem for women and in recent year’s men as well. Unfortunately, in the past this topic was overlooked until the case of Meritor Savings v. Vinson. We will establish the criteria for determining when unwelcome conduct of sexual nature constitutes harassment according to Title VII. Additionally, we will ascertain how to evaluate evidence of harassment, whether a work environment is sexually antagonisticRead MoreThe Problem Of Police Misconduct905 Words   |  4 Pagesproblem of police misconduct related to sexual violence against women has affected the Kenyan community for many decades now. The issue concerning women security should be handled with caution so as to achieve the goal of gender equality in Kenya and the world as a whole. Disturbing statistics reveal how misuse of power by the police worsened the awful conditions that faced women. The police unit is supposed to protect all members of the societies that were closely l inked to the sexual violence againstRead MoreThe Role Of Police Officers And Deviant Behaviors Within Police Environment1768 Words   |  8 Pages 2013 CIVILIAN OVERSIGHT Police work is a highly taxing and combative job where situations get aggravated in split seconds. Either patrolling a notorious neighbourhood, chasing a criminal on the streets or getting in a cross-fire with the suspect ,life is always on the edge. The tough choices made in these irksome situations are highly subject to the Police officers’ power to exercise his discretion. But with having discretionary power, police officers are also accountable for theirRead MoreEssay On Lack Of Accountability1459 Words   |  6 Pagesstudent’s harassment allegations against a professor. Although the professor, Dr. Guerrero, was disciplined by the university and warned that any reoccurrence would lead to dismal. Karissa Fenwick, however, was disappointed that he was not terminated after the university determined that misconduct had occurred (Flaherty, 2017). The underlying issue in this article is that American colleges and universities disciplinary measures or lack thereof ar e failing to sufficiently address the harassment allegations

Analysis Of Industrial Park By Patricia Galvao - 1275 Words

Industrial Park by Patricia Galvao is book referencing to the industrialization going on in Latin America in late 19th century and early 20th. The book goes into both views and lives of the proletariat working class and the bourgeoisie middle to upper class. The book helps with understanding the ghastly and rough working conditions in factories for the working class. The dingy living conditions for workers apposed to the luxury of the bourgeoisie and the wealth they have from the exploitation of workers. The gap in wealth between these groups of the proletariat and bourgeoisie causes discontent as the working class increases opening the door for socialism more specifically communism. The situation for women during this time is especially†¦show more content†¦Ã¢â‚¬Å"The factory owner steals the largest part of the work day from each worker. That’s how he gets rich at our expense.† The workers are forced to work more than thirteen-hour days with little pay. Most of the workers knew how the system worked but if they did complain they would be fired immediately and someone else would do the job. The job market for the majority of an uneducated workforce is a cycle with little pay the workers hardly make little for their family much less to improve there lives. There was hardly any other option for men but to work in factories unless they were upper class women, however could marry into the rich or the much less desired option of being a prostitute. According to the book by Galvao there is a double standard to women who are prostitutes they are called â€Å"whores† for having sex for money, but women who have multiple affairs in the upper class are never acknowledged. The proletariat is looked down upon for having to work these tough jobs for little pay while the rich live freely without interruption. The feelings of jealousy toward the bourgeoisie create contempt and animosity between these two groups. â€Å"The mansions spend on abun dant tables. Factory women work for five years to earn the price of a bourgeoisie dress. They must work their whole lives to buy a cradle.† These budding social classes and ideologies created a clear division between these groups.

Dynamic Asset Allocation Financial Markets †MyAssignmenthelp

Question: Discuss about the Dynamic Asset Allocation for Financial Markets. Answer: Introduction: The concept of maximization of shareholders wealth is that it focuses on enhancing the overall value of business instead of focusing on short-terms benefits or returns. On other hand, concept of maximization of profit is essentially a short-term approach that does not lead to increased value of business. The main objective of maximizing the wealth of shareholders is that it results in efficiently allocating capital and maximizing the return on capital. The concept is related with increasing the shareholders wealth by increasing the business value (Bae et al., 2014). Maximizing the wealth of shareholders is one of the universally accepted objectives of any organization. The concept of maximizing the wealth of shareholders came into being after the concept of profit maximization. Value of shareholders would improve with the increase in price of shares that is regarded as the net worth business function. The drawbacks of maximization of profit model are obviated by the employment of model of wealth maximization. Capital investments made by organization should be able to generate return that is more than the required rates of return such investments made such that this would lead to maximizing the wealth of shareholders. However, an increase in profit of organization indirectly increases the wealth of shareholders. This is so because this would generate higher dividend payment to shareholders that would involve long-term pay offs to customers. Maximization of wealth of shareholders is the responsibility of management by allocating resources in way that would help in generating highest returns and at the same time mitigating the risks. A detailed and in depth analysis if cash flow associated with investments is required to be conducted by management. Risk aversing investors are one when they are face with two investment decisions, they would prefer the investments with lower risks. Their portfolio comprise of assets that does not carry any risks and generates a fixed income. Such types of investors prefer making investments in government bonds, treasury bills, fixed deposits and certificate of deposits that generates lower rate of return. However, they often lose out on higher return by not making investments in capital assets that has the opportunity of providing investors with higher return. They often lag behind investing in right investment vehicle and are not able to participate in the market (Deguest et al., 2013). Making an investment in lower return and risk free assets deprive them of advantage that is generated from growth of market and higher level of profits. The establishment of relationship volatility and high level of profits is difficult for such investors. Making investments in risky assets would provide long-term benefits to investor seeking investment in such assets. Expected returns for investors are lower for investors who are willing to take additional risks on their investments. There always exists trade off between risk and returns generated by investments. Investment with lower risk generates lower return and investments with higher risks generate higher returns. Apprehension of investors investing in risky assets is mainly because of the fall in stock value in market. Tax advantage is the main benefits of making investment in capital market assets (Harlow Brown, 2016). It is essential for corporate managers to make optimum allocation between risky assets and risk free assets. Some additional costs are involved in making investments in long-term assets and strategies that should be adopted by organization is incorporating the level of tolerable risks and generates desirable level of returns. However, it can be said that investments in risky asset leads to increased business risks and therefore, corporate managers should not always undertake investments in risk free assets. CBA Rio Tinto All Ordinary Index Date Stock Price Holding Period Return Stock Price Holding Period Return Stock Price Holding Period Return 1/31/2016 59.99 40.28 4947.90 2/29/2016 66.61 11.04% 42.69 5.98% 5151.80 4.12% 3/31/2016 65.70 -1.37% 51.55 20.75% 5316.00 3.19% 4/30/2016 68.84 4.79% 44.69 -13.31% 5447.80 2.48% 5/31/2016 66.12 -3.95% 45.50 1.81% 5310.40 -2.52% 6/30/2016 68.77 4.01% 49.56 8.92% 5644.00 6.28% 7/31/2016 63.85 -7.16% 47.60 -3.95% 5529.40 -2.03% 8/31/2016 67.17 5.21% 51.61 8.42% 5525.20 -0.08% 9/30/2016 68.09 1.37% 54.18 4.98% 5402.40 -2.22% 10/31/2016 72.97 7.17% 57.75 6.59% 5502.40 1.85% 11/30/2016 76.46 4.78% 59.90 3.72% 5719.10 3.94% 12/31/2016 75.77 -0.91% 66.68 11.32% 5675.00 -0.77% CBA Rio Tinto All Ordinary Index Date Stock Price Holding Period Return Stock Price Holding Period Return Stock Price Holding Period Return 1/31/2016 59.99 40.28 4947.90 2/29/2016 66.61 11.04% 42.69 5.98% 5151.80 4.12% 3/31/2016 65.70 -1.37% 51.55 20.75% 5316.00 3.19% 4/30/2016 68.84 4.79% 44.69 -13.31% 5447.80 2.48% 5/31/2016 66.12 -3.95% 45.50 1.81% 5310.40 -2.52% 6/30/2016 68.77 4.01% 49.56 8.92% 5644.00 6.28% 7/31/2016 63.85 -7.16% 47.60 -3.95% 5529.40 -2.03% 8/31/2016 67.17 5.21% 51.61 8.42% 5525.20 -0.08% 9/30/2016 68.09 1.37% 54.18 4.98% 5402.40 -2.22% 10/31/2016 72.97 7.17% 57.75 6.59% 5502.40 1.85% 11/30/2016 76.46 4.78% 59.90 3.72% 5719.10 3.94% 12/31/2016 75.77 -0.91% 66.68 11.32% 5675.00 -0.77% Average Monthly Holding Period Return 2.27% 5.02% 1.29% CBA Rio Tinto All Ordinary Index Date Stock Price Holding Period Return Stock Price Holding Period Return Stock Price Holding Period Return 1/31/2016 59.99 40.28 4947.90 2/29/2016 66.61 11.04% 42.69 5.98% 5151.80 4.12% 3/31/2016 65.70 -1.37% 51.55 20.75% 5316.00 3.19% 4/30/2016 68.84 4.79% 44.69 -13.31% 5447.80 2.48% 5/31/2016 66.12 -3.95% 45.50 1.81% 5310.40 -2.52% 6/30/2016 68.77 4.01% 49.56 8.92% 5644.00 6.28% 7/31/2016 63.85 -7.16% 47.60 -3.95% 5529.40 -2.03% 8/31/2016 67.17 5.21% 51.61 8.42% 5525.20 -0.08% 9/30/2016 68.09 1.37% 54.18 4.98% 5402.40 -2.22% 10/31/2016 72.97 7.17% 57.75 6.59% 5502.40 1.85% 11/30/2016 76.46 4.78% 59.90 3.72% 5719.10 3.94% 12/31/2016 75.77 -0.91% 66.68 11.32% 5675.00 -0.77% Annual Holding Period Return 1.96% 4.29% 1.15% CBA Rio Tinto All Ordinary Index Date Stock Price Holding Period Return Stock Price Holding Period Return Stock Price Holding Period Return 1/31/2016 59.99 40.28 4947.90 2/29/2016 66.61 11.04% 42.69 5.98% 5151.80 4.12% 3/31/2016 65.70 -1.37% 51.55 20.75% 5316.00 3.19% 4/30/2016 68.84 4.79% 44.69 -13.31% 5447.80 2.48% 5/31/2016 66.12 -3.95% 45.50 1.81% 5310.40 -2.52% 6/30/2016 68.77 4.01% 49.56 8.92% 5644.00 6.28% 7/31/2016 63.85 -7.16% 47.60 -3.95% 5529.40 -2.03% 8/31/2016 67.17 5.21% 51.61 8.42% 5525.20 -0.08% 9/30/2016 68.09 1.37% 54.18 4.98% 5402.40 -2.22% 10/31/2016 72.97 7.17% 57.75 6.59% 5502.40 1.85% 11/30/2016 76.46 4.78% 59.90 3.72% 5719.10 3.94% 12/31/2016 75.77 -0.91% 66.68 11.32% 5675.00 -0.77% Standard Deviation 5.26% 8.64% 2.99% CBA Rio Tinto Date Stock Price Holding Period Return Stock Price Holding Period Return Beta 1.1 0.95 Expected Returns 7.38% 6.81% Weightage 60% 40% Portfolio Return 7.15% Portfolio Beta 1.04 Reference: Bae, G. I., Kim, W. C., Mulvey, J. M. (2014). Dynamic asset allocation for varied financial markets under regime switching framework.European Journal of Operational Research,234(2), 450-458. Deguest, R., Martellini, L., Meucci, A. (2013). Risk parity and beyond-from asset allocation to risk allocation decisions. Harlow, W. V., Brown, K. C. (2016). Market Risk, Mortality Risk, and Sustainable Retirement Asset Allocation: A Downside Risk Perspective.Journal of Investment Management,14(2), 5-32.

The Hitchickers Guide3 Essay Example For Students

The Hitchickers Guide3 Essay The Hitchhiker’s guide to the galaxy is a wholly remarkable book. Thought many of the concepts are slightly abstract and obscure, the book itself is a truly great work. The basic idea is that the day we meet our adventurous crew is the single worst Thursday of Arthur Dent’s life. Sadly, it is not just Arthur who will be having a bad day. You see, it is this Thursday when the earth gets destroyed. Of all the billions of people on the planet, there was only one who knew what was to take place, and he himself was not even from earth. Ford Prefect, best friend of Arthur is a smooth talking quick thinking person for the remote planet of Betelgeuse five. As you were probably able to infer, Ford Prefect was not the name given to him by his parents, but instead the name of a car that was never popular, which he chose as his moniker, as to better fit in with the humans of earth. Our story begins with Arthur waking up early at his London ’flat’ (it was a British boo k). This was just like any other Thursday, except that outside, a demolition crew was beginning to destroy his house so that they will be able to create a highway bypass. This was news to Arthur. He did not know how they could do this without even warning him first. Upon questioning the foreman of the job, he was informed that the plans had been on record in the planning office for months. Sadly, the plans had been kept in the cellar where there is no nights, or stairs for that matter, in a disused lavatory, in the bottom of a locked file cabinet, with a sign that says â€Å"Beware of the leopard.† Arthur’s decision at this point was to lie in front of the bulldozer, so that, without killing him, it would be impossible to destroy the house. Just at this point, Ford Prefect enters the scene. He tells Arthur that it is imperative that he goes to the bar with him, because after he tells him the news, he will need a stiff drink. Arthur explains the situation, and quickly F ord comes up with a plan. He makes a deal with the foreman that, since with Arthur there, they would not be able to do anything all day, they have resolved to just stand around and do nothing all day. So, it was not important weather or not Arthur was actually present. So they agreed that they would not knock down his house until he got back. Arthur could not decide whether or not to trust him. Ford assured him he could trust him to the end of the earth†¦ which was about ten minutes. Unknown to Arthur, ford was a writer for the Hitchhiker’s Guide to the Galaxy, a type of encyclopedia chronicling the high and low points of every planet, and how to get about them for free. He had been doing research on earth for the last several years. Recently he had received a transmission over his ‘sub-ether radio,’ which told him what was to take place in just a few short minutes. Arthur and Ford hurried off to the bar, and Ford explained what was about to happen. Ironical ly, the planet was set to be destroyed in order to build an interstellar bypass. And who better to destroy the planet, than a fleet of Vogons. The Vogons were a race from the outer edges of the spiral arm. They had virtually no conscience, worked for cheep, had hugs ships of mass destruction, and had perfected a type of poetry which was so horrific, when read, the writers small intestine has been known to crawl out of their throat and strangle them. Well, the Vogons came, and made short work of our blue/green planet, but before that happened, Arthur and Ford were able to hitch a ride and stow away on one of the Vogon vessels. As you would assume, Arthur is fairly confused at the whole situation. Ford explains to him that he is from the planet of Betelgeuse, which, as anyone would suspect continued to surprise and confuse Arthur. Nothing, however, confused him as much as when Ford asked him to place something called a ‘babbelfish’ in his ear. Everything that the babbelfi sh heard, it translates for the person whose head it occupies. So, nearly instantly, Arthur was able to understand all of the grunts that had been coming over the intercom, and then knew that they were being searched for. Once again, Vogon efficiency prevailed, and they quickly located the two hitchhikers. The hitchhikers were subjected to hear the captain of the vessel read his latest sonnet, and were then forced into the blackness of space, despite Ford’s best efforts to sway the guards to letting the live. We learned that when ejected into the vacuum of space, one could only survive 26 seconds. Well, our adventurers were out there for a good 25 before suddenly sucked onto a strange ship, with yet another intercom, uttering more and more strange things. This time the subject of the babbling was mathematic improbability. They made their way to the bridge of the vessel, and found, with more surprise, Zaphod Beeblebrox, the president of the galaxy, and a life long friend of Fo rd Prefect. The mathematic garble that had been broadcasting was, in fact, why Arthur and Ford had arrived where they did. The Ship, known as the Heart of Gold, worked on an ‘infinite improbability drive.’ The ship decided how improbable it was that it would end up at a specific place at a specific time for no apparent reason, then generated a field with just that level of improbability. The only problem with that is that everything else that improbable also occurs in that general area. Zaphod was an adventurous sot, never thinking that rules really applied to him, weather it was rules of physics, or the law in general. Zaphod had a plan, a plan to prove true a myth of his youth. All the young kids on Betelgeuse were told the story of the planet of Magrathea. On this planet, they would custom build other planets to your liking. Like your own private home, except as large as you can afford. The location of this planet was one of the mysteries about it, but the Infinite I mprobability drive was able to figure out exactly where it could be found. Also on this ship was an android, but unlike normal androids, this one was very smart, very strong, and very depressed. His name was Marvin. Marvin was traveling along with the ship to do all the things which Zaphod and Trillian (Zaphod’s girl, who was also on the ship) did not feel like doing, which was pretty much anything. The crew set foreword on their journey, and soon found the mysterious planet. Magrathea was in fact a real planet, and all the stories had been true. When they arrived there, they were met with a defense mechanism, which promptly fired two missiles at the ship, neither of which impacted them, after they switched on the improbability drive. One missile became a whale, and the other became a bowl of tulips. The whale hit the surface of the planet and created a massive crater, which the team used to get below the surface, where all the work was done. Sadly, when they made it down the re, they found that all the inhabitants were sleeping, cryogenically, until their computers decide that the economy of the galaxy was doing well enough for their strange product to be affordable again. With a stroke of luck, the team had arrived at just this time. Arthur, who had decided to hang out by the ship, was met by a man named Slartibartfast. Slartibartfast took Arthur on a tour of the compound, where they build the planets, and explained how important he was to their clients. Arthur watched a video about a great computer system known as Deep Thought. Deep Thought was programmed to find the answer to ‘Life, the universe, and everything.’ Not a small task. The computer worked on the problem for millions of years, until such a time that it said, â€Å"The answer to life, the universe, and everything†¦ is 42.† On which point it was absolutely correct, however it did not know what the question was. It did, however design a computer strong enough to find the question to go with the answer. The people who owned the computer enlisted the Magratheans to create this machine, which was to be known as ‘Earth’. Arthur was informed that he was part of a giant computer program that utilized biological technology to solve problems. The system was five minutes from finishing the eight million year cycle of the program when it was destroyed to make way for the interstellar bypass. He was the only survivor, and thusly, the most valuable asset they had to present to their clients. Even weirder are the clients themselves. They were two mice. The mice explained how it had been them who had been running the planet during the entire biological cycle, and how upset they were when it all went wrong. The entire crew met up with Arthur and bartered for control of his brain, where the information was probably stored. During the combination meal and business agreement, all heck broke lose. The police who had been chasing Zaphod finally caught up, and Ford did the honorable thing and decided that no one would have Arthur’s brain but Arthur. They made a break for the ship, but were stopped by two police officers wielding kill-o-zap blasters. The officers chased our adventurers through the complex, eventually cornering them behind some computer equipment. They tried to bargain for their lives, but to no avail. Just when they thought it was all over, both of the officers keeled over dead. They rushed back to the ship, and found that Marvin the depressed android had been conversing with the police ship, caused it to become suicidal, and it overloaded and shorted out the life support systems of the police officers. Everyone hurried back into the Heart of Gold, and took off. Without much resolution, the story closes with Arthur being asked by Zaphod if he was hungry. The answer was obviously yes, since he hadn’t eaten much all day. Zaphod responded with the phrase â€Å"We’ll take in a quick bite at the Re staurant at the end of the universe.† This book was actually the first in a series. The next is aptly named The Restaurant at the End of the Universe. 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