the four numbers of fluids physics
báo cáo sinh học:" Understanding the ‘four directions of travel’: qualitative research into the factors affecting recruitment and retention of doctors in rural Vietnam" doc
... article describes the findings of the first Page of 14 stage - the qualitative research which fed into the design of the questionnaire and contingent valuation The focus of the study in Vietnam ... routes, the desirability of different job attributes and their priorities for change Finally, the guide for medical students was focussed on their motivation and expectations of the profession, their ... retention of doctors in rural areas This section presents the findings of the interviews, following the themes laid out in Table Motivation to join the profession Medicine is a high-ranking profession...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_2 ppt
... A History of Interest Rates.) The tradeoff between the variability of bill payouts and the interestrate risk of consols reverses during the twentieth century With the abandonment of the gold standard ... at the will of its citizens So it cannot expand the supply of paper money; otherwise it will risk depleting its gold supply at the hands of individuals who, detecting the increased numbers of ... probability (the bell-shaped curve) predicted by the laws of statistics As you can see, the agreement is quite good 26 The Four Pillars of Investing Long-term risk the probability of running out of money...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_3 potx
... DR The total present value of the mine—in effect, its “true value”—is the sum of all of the future dividends, discounted to the present This is the sum at the bottom of the table: $8,225 The ... rate of inflation: The higher the rate of inflation, the less value in terms of real spending power you can expect to receive in the future 46 The Four Pillars of Investing • The “impatience” of ... value The amount of this reduction must take into account four things: • The number of years you have to wait: The further in the future you receive income, the less it is worth to you now • The...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_4 pdf
... that the 2% expense doesn’t matter that much But because of the 2% drag, instead of 50% of the chimps beating the market each year, only about 40% of them With the passage of time, however, the ... subtracted The thick vertical black line in the middle of the graph represents the market performance The bars on the left represent the number of funds underperforming the market, and the bars on the ... what the condition of the economy or their employment On the other hand, the earnings and dividends of auto manufacturers are notoriously sensitive to economic conditions Because the purchase of...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_5 docx
... Obviously, the magnitude of impact costs depends on the size of the fund, the size of the company, and the total amount transacted As a first approximation, assume that it is equal to the spread The four ... PIMCO, or Goldman Sachs It’s like a game of tennis in which the players on the other side of the net are invisible The bad news is that most of the time, it’s the Williams sisters It never ceases ... miles of seabed But when their estimates were averaged together, its position was pinpointed to within 220 yards In other words, the market’s estimate of the proper price of a stock, or of the...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_6 pot
... is then funneled into a long pipe From the perspective of the person at the pump handle the innovator and the wealthy firstadopter the water is clearly coming in spurts But to the person at the ... at the 132 The Four Pillars of Investing end of the pipe the average consumer, and, more importantly, the investor the water is flowing evenly To illustrate the point, I’ve plotted the real gross ... consisted of a cluster of coffeehouses in the neighborhood of Change Alley By the late seventeenth century, these coffeehouses became the most active and advanced exchanges in the world The average “stock...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_7 doc
... On the other hand, the societal benefit of the railroads was immeasurable, allowing the settling and growth of the breadth of the continent The financial rewards from the railroads went to the ... drop of 90%? Of course, there were plenty of individual stocks that were ridiculously overpriced, some the result of rampant speculation and others of outright fraud But the history of the 1920s ... and, by the time of the pool, was head of the Democratic National Committee The second unique institution of the 1920s was the “investment trust.” Like the modern mutual fund, it had professional...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_8 ppt
... to four times the valuation of a typical company This means the market expected these companies to eventually increase their earnings relative to the size of the market to three or four times their ... think that you’re smarter and faster than all of them? On top of that, there are tens of thousands of professional investors using the kind of software, hardware, data, technical support, and ... looked at the popular growth stocks the top fifth of the market in terms of their P/E ratio Their data showed that these very expensive companies increased their earnings about 10% faster than the...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_9 pdf
... for the tech collapse of 2000 The story of Select Technology is emblematic of the nature of fund flows First, they are most often contrary indicators—funds in high-performing sectors of the market ... dependent on the good will of the company If analysts are too critical of the companies they are covering, that vital information the lifeblood of their craft—could dry up in a heartbeat So the recommendations ... Seen from the inside, the brokerages appear 198 The Four Pillars of Investing geared almost entirely to excessive trading and the resultant fees and spreads The most shocking aspect of the brokerage...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_10 doc
... generalized lack of knowledge of three of the four pillars—investment theory, history, and psychology Toss in the inevitable luck of the draw, and many will have long-term real returns of less than ... knew the ins and outs of the fund playbook the Investment Company Act of 1940—as well as Jack Bogle Among other things, the Act mandated that the fund directorship be separate from that of the ... and the like On the other hand, the folks at the top of the greasy pole the regular columnists for the major national periodicals—are usually wellinformed and smart enough to understand the futility...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_12 doc
... within the sheltered (retirement) part of the portfolio she chooses On the other hand, if she invests all of the money in stocks, then she will be able to invest only the tax-sheltered 10% of it ... for a total of 13.2% foreign equity (the sum of the four international funds) and 6% REITs So, of the second $5,000 added, only $1,500 will go into the Total International Fund The other $3,500 ... auction (Initially, the two- and five-year notes are bought at auction, the others in the “secondary market.”) The other three-quarters of the bond allocation are split among the Vanguard Short-Term...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_13 potx
... most of what these poor folks traded, and my guess is that many of them had recently been on the phone to Momma inquiring about the availability of their old room On the other hand, if only 2% of ... 1.0741 Therefore, the unrebalanced return is 7.41% The calculation of the unrebalanced return is the source of not a little mischief Many mistakenly calculate it as the weighted average of the annualized ... which were the runaway winner in 2000 The three-year return of the rebalanced portfolio was 8.48% Had you not 290 The Four Pillars of Investing rebalanced back to equal weighting at the end of 1998...
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The Four Pillars of Investing: Lessons for Building a Winning Portfolio_14 docx
... exist, then the atheist roasts eternally in Hell The rational person thus chooses to believe in Him The financial markets work the same way, and the canyons of Wall Street are littered with the ... Duh The laws of arithmetic continue to apply: since professional investors are the market, in the aggregate they must receive the market return minus expenses I’m not going to bore you with the ... with them The place to be? Emerging markets, of course, with their blistering economies This line of reasoning has more than a few flaws First of all, it turns out that, on average, the stocks of...
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THE FOUR APPLICATIONS OF MINDFULNESS doc
... God's own thoughts, thereby achieving apotheosis -the ascent of the mind of man to the mind of ro Minding Closely God By the time of Galileo, mathematics was called the language of God In order to ... followed by the formation of hypotheses, which are then put to the test of experience We are following in the footsteps ofgiants of the past, who probed these issues deeply and presented their conclusions ... settling the body, speech, and mind in their natural states ofequilibrium Bring awareness to the field of the body, becoming mindfully present from the soles of the feet to the crown of the head...
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THE FOUR APPLICATIONS OF MINDFULNESS pptx
... God's own thoughts, thereby achieving apotheosis -the ascent of the mind of man to the mind of ro Minding Closely God By the time of Galileo, mathematics was called the language of God In order to ... followed by the formation of hypotheses, which are then put to the test of experience We are following in the footsteps ofgiants of the past, who probed these issues deeply and presented their conclusions ... settling the body, speech, and mind in their natural states ofequilibrium Bring awareness to the field of the body, becoming mindfully present from the soles of the feet to the crown of the head...
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Báo cáo toán học: "TIGHT UPPER BOUNDS FOR THE DOMINATION NUMBERS OF GRAPHS WITH GIVEN ORDER AND MINIMUM DEGREE" pdf
... edges, then clearly G can be dominated by v together with a vertex of degree taken from A So we may assume that A has at most one edge The sum of the degrees (in G) of the vertices of A is since the ... All graphs are either regular or almost regular The vertices are numbered 0, 1, , n − and the i-th row represents the neighbors of the vertex in the first entry of that row These graphs were ... γ(G) ≤ Proof The graph G = (V, E) must have six vertices of degree and a single vertex of degree Let v be a vertex of degree which is adjacent to a vertex of degree Let A denote the set of three...
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Báo cáo toán học: "Tight Upper Bounds for the Domination Numbers of Graphs with Given Order and Minimum Degree, II." pdf
... ≥ 1, the electronic journal of combinatorics (2000), #R58 Hence gk = and γ(n, δ) ≤ γ ∗ (n, δ) ≤ k The theorem therefore follows from the definition of δk+1 (n) which is the maximum value of δ ... But γ(n, δk (n)) ≥ k by definition of δk (n) The theorem therefore follows In the next section we show that if k = then the above theorem holds for n ≥ Note that the results in this section are ... where γ(Γ) denotes the domination number of Γ We are interested in the behavior of the right side of the sequence n = γ(n, 0) ≥ γ(n, 1) ≥ · · · ≥ γ(n, n − 1) = (1.1) In [2] the values γ(n, δ)...
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Báo cáo toán học: "On Computing the Distinguishing Numbers of Trees and Forests" pps
... break or destroy the symmetries of G because the only member of the automorphism group of (G, φ) is the identity map The distinguishing number of G, D(G), is the minimum number of labels needed ... of all the automorphisms of G Additionally, the permutation π is an automorphism of the labeled graph (G, φ) if π not only preserves the adjacencies of G but the labels of G as well In other words, ... Similar to the automorphism group of G, Aut((G, φ)) consists of all the automorphisms of (G, φ) We define the automorphisms of rooted graphs and rooted labeled graphs in the same way with the extra...
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The graphs below show the numbers of male and female workers in 1975 and 1995 in several employment sectors of the republic of Freedonia
... 450 000 by 1995 The number of men grew only marginally from 425 000 to 480 000 over the same period In defence, the number of men declined from 225 000 to 200 000, while the number of women rose ... women worked in the communications sector Twenty years later, though the number of men remained unchanged, the number of women rose to 550 000 A similar situation was seen in the wholesale and ... retail trade sector, where the number of women rose from about 550 000 in 1975 to almost 800 000 two decades later The number of men in this sector remained stable over the period, at around 700...
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