... 1787. There was a strong windand a green sea. Three men and a boy stood onthe deck of the little ship, HMS Bounty. Behind them, onthe land, were somehills and small white houses. The ship ... man with stones. when the launch wentout to sea, the islanders came after it in their canoes. Theythrew stones at the sailors.‘Throw the coats into the sea,’ Bligh said. ‘Quick!’ The islanders ... picked the coats out of the sc;i.Then the canoes went back to Tafua. officers. Bligh was the captain, Christian was lìis secondofficer. The ship was often wet and cold, but no one was ill.Once...
... (Definition 1).– A disjunctive analysis (the real either wholly on one side of the ideal, orpartly on it, but none onthe other side).2 “Concave,” requiring the following considerations:– The ... this clause, onthe relation between the volumes,from the next one, onthe relation between the surfaces. In other words, the cylinder“itself ” is what we call the volume of the cylinder.” ... from the meeting-point<of the tangents>, to the vertex of the cone, the triangles containedby: the tangents, and <by> the lines joined to the vertex of the cone –are greater than the...
... mathemati-cal communication – answering the three sine qua non conditions of Greekmathematical communication – written, proved, drawn.What is the relation between the idea in the mind of the ... A,87(3) while the <cone>AP<is equal> to the <segment> AB;88(4) therefore the ratio of the cone A to the cone AP is given, too. (5) And as the cone to the cone, so X to ... height, the radius.48(48) But then, the coneN, too, is four times the same, (49) since the base is also <four times> the base,49((50) and the surface of the sphere is <four times> the greatest...
... precaution has been taken in the preparation of this book, the publisher and author assumeno responsibility for errors or omissions, or for damages resulting from the use of the information con-tained ... avariable classToType in the context of an anonymous function which is immediatelycalled by do. That anonymous function returns a second anonymous function, whichwill be the ultimate value of type. ... CoffeeScript has also stripped the trailing comma inarray3, another common source of cross-browser errors.Flow Control The convention of optional parentheses continues with CoffeeScript’s if...
... this. One such helper is a variation on ->, the fat arrow function: =>Using the fat arrow instead of the thin arrow ensures that the function context will bebound to the local one. For ... if @logPrefix console?.log(args )Bear in mind though that CoffeeScript will automatically set the function invocationcontext to the object the function is being invoked on. In the example above, ... taken in the preparation of this book, the publisher and author assumeno responsibility for errors or omissions, or for damages resulting from the use of the information con-tained herein.ISBN:...
... father Montez died anotherpriest made his way, in secret, into the town where the execution hadtaken place.II. The events of thebook take place in one of the Mexicanstates, somewhere in the Tabasco ... warehouse. The Englishmanager onthe plantation allowed him to hide there .The following day,hoping to find safety from the police and from the revolutionary party ofRed Shirts, he went further. ... police station. Onewas the picture of an American bank robber who killed several policeofficers in Texas; the other was that of the priest. No one noticed the irony, including the young lieutenant,...
... conditions”—if such conditions really exist? Toanswer these questions we shall consider first what we wrote on the subject seven years ago, next what significant changes haveoccurred since then ... increasinglyattractive.”In 1965 the investor could obtain about 41⁄2% on high-grade tax-able bonds and 31⁄4% on good tax-free bonds. The dividend return on leading common stocks (with the DJIA at 892) was only about3.2%. ... be true in the long run. The defensiveinvestor must confine himself to the shares of important companieswith a long record of profitable operations and in strong financialcondition. (Any...
... International and Pan-American CopyrightConventions. By payment of the required fees, you have been granted the non-exclusive, non-transferable right to access and read the text of thise -book on- screen. ... Securities Analysisand The Interpretation of Financial Statements.JASON ZWEIG is a senior writer at Moneymagazine, a guestcolumnist at Time, and a trustee of the Museum of AmericanFinancial ... 40nTicketmaster Online, 40Tillinghast, Joel, 400Time Warner Inc, 442–43. See alsoAOL Time Warnertiming, 156–57, 179–80, 179n, 189–92,206TIPS. See Treasury Inflation-Protected SecuritiesTomlinson,...
... in the Endnotes sec-tion beginning on p. 579. The new footnotes that Jason Zweig has intro-duced appear at the bottom of Graham’s pages (and, in the typefaceused here, as occasional additions ... 330COMMENTARY ON CHAPTER 13 33914. Stock Selection for the Defensive Investor 347COMMENTARY ON CHAPTER 14 36715. Stock Selection for the Enterprising Investor 376COMMENTARY ON CHAPTER 15 39616. Convertible ... ContentsEpigraph iiiPreface to the Fourth Edition, by Warren E. BuffettANote About Benjamin Graham, by Jason ZweigxIntroduction: What This Book Expects to Accomplish 1COMMENTARY ON THE...
... this book in 1949 the figures were almost the exact opposite: the bonds returned only2.66% and the stocks yielded 6.82%.2In previous editions we haveconsistently urged that at least 25% of the ... intervening loss would soonbe recouped by a renewed advance of the market to new high lev-4 Introduction* The Penn Central Transportation Co., then the biggest railroad in the United States, sought ... borrow-ing money to trade stocks on margin,” she was wiped out in the crashof 1907. For the rest of his life, Ben would recall the humiliation ofcashing a check for his mother and hearing the bank...
... over the years as has the general market. Allied to the foregoing is the record of the published stock-market predictions of the brokerage houses, for there is strong evidence that their calculatedforecasts ... mustact onthe assumption that they will continue to do so.Note to the Reader: This book does not address itself to the overallfinancial policy of savers and investors; it deals only with ... the readers to buy their stocks as they bought their gro-ceries, not as they bought their perfume. The really dreadful lossesof the past few years (and on many similar occasions before) wererealized...
... increasinglyattractive.”In 1965 the investor could obtain about 41⁄2% on high-grade tax-able bonds and 31⁄4% on good tax-free bonds. The dividend return on leading common stocks (with the DJIA at 892) was only about3.2%. ... to the decline in stock prices, nowis a considerably safer—and saner—time to be building wealth. Read on, and let Graham show you how.Commentary onthe Introduction 178 The only exception ... against the charge thatit gave too wide scope to the concept of investment.Now our concern is of the opposite sort. We must prevent ourreaders from accepting the common jargon which applies the...
... “bootstrap operation.”In discussing the common-stock portfolio of the defensiveinvestor, we have spoken only of leading issues of the typeincluded in the 30 components of the Dow Jones Industrial ... be certain that bonds will work out bet-ter than stocks from today’s levels. The reader will immediatelythink of the inflation factor as a potent reason onthe other side. In the next chapter ... andperhaps others we haven’t thought of, might cause the investor toregret a 100% concentration on bonds even at their more favorableyield levels.Hence, after this foreshortened discussion of the...
... returns.None of the factors that the Motley Fools “discovered” withsuch fanfare—dropping the stock with the best score, doubling up on the one with the second-highest score, dividing the dividendyield ... Take the five stocks in the Dow Jones Industrial Average with the lowest stock prices and highest dividend yields.2. Discard the one with the lowest price.3. Put 40% of your money in the stock ... werestudying their stocks just long enough to learn they shouldn’t havebought them in the first place, then promptly dumping them and start-ing all over.Even the most respected money-management...
... to year. On this point we can be categorical. There is no close time con-nection between inflationary (or deflationary) conditions and the movement of common-stock earnings and prices. The obviousexample ... stocks, onthe other hand, have the possibility that aloss of the dollar’s purchasing power may be offset by advances intheir dividends and the prices of their shares. On the basis of these undeniable ... inflation can add to common stock values is by raising the rate of earnings on cap-ital investment. Onthe basis of the past record this has not been the case.In the economic cycles of the past,...