Monday, December 23, 2019

Cfa Level 3 2013 Summary - 8327 Words

Behavioral Heuristics – Check Anchor/OAR Availability– Conservatism, Anchoring, Overconfidence, Ambiguity aversion, Representativeness, Availability Traditional Finance – TF-RAR - Risk averse, Asset integration, Rational expectations Behavioral Finance – BF-LAB - Loss averse, Asset segregation, Biased expectations Type of Investors – CMIS - Cautious, Methodical, Individualistic, Spontaneous IPS Process – OCSAEEA, Old Cars Sell At Eastern European Auctions – Objectives, Constraints, Strategy, Allocation, Execution, Evaluation, Adjustments IPS Constraints – URLIT - Unique, Regulatory/legal, Liquidity, tIme, Tax TDA vs. TEA – Higher Enders Take TEA – Higher Ending Tax rate TEA better Residence vs. Source – Pay Greater rate with†¦show more content†¦This is a sign of heuristic-driven bias. Behavioral finance assumes that: 1.investors are loss averse, which means they prefer uncertain losses to certain losses. 2.investors exhibit biased expectations, due to overconfidence in their ability to forecast the future. 3.investors construct portfolios via asset segregation, meaning that they tend to focus on an asset’s individual investment features versus its impact on the overall portfolio position By admitting his mistake but reiterating other projections, one used the single predictor defense. Feeling that they should spread out their risk, but not knowing how leads to the 1/n diversification heuristic. Often times, participants will only have a rough understanding of the effects of correlation and diversification and will simply divide their assets equally over the investment options in the plan in an attempt diversify their portfolio. DC participants tend to hold excess stock of the company they work for due to familiarity and a perceived endorsement by management. The endorsement effect refers to the misconception that by offering an investment as an alternative, the sponsor is implicitly endorsing it as a good investment. Note that the status quo bias refers to a lack of action on the part of the participant. Also note that putting too much in company stock would be an example of an investor being â€Å"boundedly selfish† in that there does not seem toShow MoreRelatedResearch And Analysis Of Hr Recruiting Event For A Financial Analyst Position1709 Words   |  7 Pages Final Paper Milestone #2 Student Nan Liu United States University: MGT504 HR Leadership 10/04/2015 Professor Jennifer Newmann Executive Summary This paper provides details about the research and analysis of HR recruiting event for a financial analyst position in a credit card company named Discover Financial Services in their headquarter Riverwoods, Illinois. 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Sunday, December 15, 2019

Frida Kahlo Free Essays

The documentary talked about the Mexican painter Friday Kohl who was best known for her unique series of self-portraits. I knew about her artwork and was quite amazed by her way of portraying self-portraits in an extraordinary expression before I watched this documentary. After watching the video, I understand more about the reasons why her painting was done this way. We will write a custom essay sample on Frida Kahlo or any similar topic only for you Order Now Her artworks brought the pieces of her life stories to the audience. Her marriage with Diego Riviera contributes the later works of her. It was the main influence of her life. If she did not meet Diego Riviera, e would probably see a total Friday Kohl. The complicated relationship from inability of reproduction, Dies unfaithfulness, Kohl’s affairs, divorce to remarriage created the Kohl who was physically and emotionally torn. She expressed her life problems in her paintings, her tragic and exotic figures brand her personal art career. However the important event in her life was the undergo of the miscarriage and abortion. It portrayed the painful personal of Kohl that reflected in the emotional disorder of her artwork. Kohl wanted a child very much, her nightmares ND thoughts about fertility was shown. The fertility dream is the part which I like most about the documentary. It portrays a woman’s struggle and pain for losing the ability to have a baby, the heart wrenching when you wish for a child of you and your loves one but you have lost the reproductive system ability. The artwork Henry Ford Hospital (The Flying Bed) provokes the emotions in us. I would also think that this painting attract the attention the issue on fertility, at the same time encourage the public to take care of their reproductive health. It would make a different influence to Kohl’s career if she was not living in Mexico. In her paintings, a strong indigenous Mexican culture was shown in the use of intense color and primitive style. She also wore traditional indigenous clothing of Mexico as shown in her paintings. If she was living in Europe or America, the colors she used and costumes will most probably reflect the scene of the country instead. The humming birds and monkey painted are animals in Mexican mythology. The folk cultural content will disappear and she will robbery express her self-portrait in another way. I am surprised by the Mexicans attitude to death in the documentary. The way they took death in a celebration manner shocked me. She even painted a dead child and put in on top of her bed. Collection of skeleton in her house showed her close association with death, either death of children or the death itself. I do not agree with Andre Bretons description of Kohl’s work as surrealist. Friday Kohl painted her own stories, she did not paint dreams. The dream-like fantasy atmosphere she painted is a metaphor to her own life. Her pain and Joy were represented by elements that are irrational and imaginary. They were all what she had been through, but not dream. In my point of view, Friday Kohl was an amazing independent artist. In response to her tragic life, she painted. She triumphed over her life problems by her own strength and self- determination. Painting the reality helped in expressing her pain and tears, a way of releasing perhaps helped in easing her suffering process. She revealed her life in art and this has helped to address the issues to the public that serves as a reminder and encouragement. How to cite Frida Kahlo, Papers Frida Kahlo Free Essays Art Essay – Friday Kohl The Mexican Surrealist artist, Friday Kohl, uses her personal experience, marriage and tragedies to express her feelings and emotions in her artworks. The artworks, Recurred (Memory), Henry Ford Hospital and The Two Fridays, all use personal imagery, signs, symbols and everyday occurrences to show her experiences. Kohl’s artworks are personal and thought provoking and have made her one of the 20th centuries most enduring and popular artists. We will write a custom essay sample on Frida Kahlo or any similar topic only for you Order Now Friday Kohl was born on the 6th July, 1907 in Mexico. When she was a young girl she suffered from polio. When she was 18, she and her boyfriend were involved in a bus accident. A metal pole pieced Friday Kohl through her pelvis area. She suffered many injuries including a fractured spine, ribs, collarbone and pelvis. She endured more than thirty operations following the accident and was told she would be unable to have children. During her recovery in hospital, Kohl began painting. She painted mainly self-portraits using a mirror above her hospital bed. Friday Kohl married at 22 too man called Diego Riviera. Their legislation was plagued with divorce, affairs and Kohl’s inability to have children. Friday Kohl suffered from gangrene in the years before her death which resulted in her having her right leg amputated below the knee. Kohl died on the 13th July, 1954. She painted about 200 artworks and held many exhibitions over the course of her life. Recurred (Memory) is a very symbolic artwork painted by Friday Kohl in 1937. It describes her pain when her husband, Diego, had an affair with Friday Kohl’s sister, Christina. Although her face appears expressionless, the tears pouring down her face vales that she suffering from immense emotional pain. The tears may also represent her physical pain at having a metal rod piece her chest and her heart being ripped out. Her broken heart now lies at her feet. The size of her heart emphasizes the sheer intensity of the pain she is experiencing from Diego and her sister’s betrayal. She has painted this self-portrait without her hands, suggesting that she is experiencing feelings of helplessness and despair. The two outfits on either side of her, represent the happier times Kohl experienced with Diego. Her school uniform signifies that Friday Kohl met Diego when she was still at school. The other outfit is a Mexican dress. It symbolizes the Friday Kohl that Diego loved. Diego loved Friday Kohl’s long hair so she cut it off to spite him. That is why this artwork pictures Friday Kohl with cropped short hair. Friday Kohl painted the artwork, ‘Henry Ford Hospital’ in 1932, directly after leaving the hospital following her second miscarriage. This artwork contains a lot of symbolism and is a representation of the pain of experiencing a miscarriage. Kohl has painted herself naked, lying on her back on top of a hospital bed at Henry Ford hospital. She has blood on the sheets beneath her pelvic area and a tear flows from her left eye showing the viewer the pain she is experiencing. The six images that float around the bed, each relate to her miscarriage. They are all connected to her by red lines which can be interpreted as umbilical cords. The diagram of a woman’s torso is painted in the left upper corner and shows the workings of a female body and reproductive system. The image to the eight of it, shows an almost fully formed male fetus. It represents the child she lost due to the miscarriage. She refers to the miscarriage child as Disguise (Little Diego). The image in the right upper corner is a snail. It implies that the length and pace off miscarriage is very slow and tiring. Below that is an image of a pelvic bone. This directly related to Kohl, explaining graphically that she was unable to have a child due to a shattered pelvis which she sustained in the bus accident. The orchard was a gift from her husband Diego. The Two Fridays was painted in 1939 during the time Friday Kohl and Diego were getting divorced. She has used a lot of symbolism to show how much pain the divorce had caused her. The left Friday is the unhappy one that Diego no longer loves. She is displayed in a European style dress and is holding the hand-held scissors that are severing her ties with Diego. Her heart has been painted in a damaged manner, showing how the divorce has broken her and left her emotionally unstable. The right Friday represents the happy one that Diego loved. She s dressed in her traditional Mexican clothing and is showing a whole, happy and healthy heart. In her hand, she is holding a picture of Diego. A cord is connecting her to this picture, suggesting they were lovers. The two Friday’s are Joined by their hands and by a cord. When Kohl was younger she had an imaginary friend who was a girl. Many believe that Kohl included her in the artwork but I believe that it meaner the only person she can rely on is herself. Diego has left her resulting in Kohl pushing all her friends away so in the end she is the only one left. The background shows a Tory sky, explaining her emotions perfectly. Friday Kohl once said, â€Å"l suffered two grave accidents in my life. One in which a streetcar knocked me down†¦ The other accident is Diego’. This meaner that the bus accident caused her physical pain and Diego caused her emotional pain. Friday Kohl has used a lot of symbolism and imagery in her artworks, Recurred (Memory), Henry Ford Hospital and The Two Fridays, to show her personal experiences and tragedies. She used her paintings to express her feelings as she suffered physical and emotional pain throughout her life. How to cite Frida Kahlo, Papers

Saturday, December 7, 2019

Main Street Analysis Essay Example For Students

Main Street Analysis Essay Sinclair Lewis makes point of the efforts that Carol produces to reform her new home. These efforts can be perceived by the townspeople as unwelcomed and unsuccessful. Some of Carols ideas are ludicrous, out of proportion and not ready for the slow-moving town. She tries several different approaches to reforming the town from the moment of her arrival. She goes from architectural reform to poetic reform to artistic to introducing liberalism to amusing social functions. All of these tactics she hopes will spring forth a reform movement to beautify and culturalize the town and people. Her initial attempts at bringing the town out of its shell consisted of throwing fun and exciting parties. Such as her Chinese house-warming party on page 66. She plans this social event as a way to bring the people out of their normal funeral parlor routine of sitting in a circle and making small talk. For the moment she is successful, but soon after she implements sledding, skiing and skating outings, p eople begin to recoil back into their normal routines. Again, Carol is frustrated with the progress of the town, and she soon feels rejected by the social elite at the Jolly Seventeen club on page 78. Her attempts to open the minds of the Jolly Seventeen to the issues of the lower class, backfires into a discussion of foreign incompetencies and laziness. Her reputation becomes the antithesis of Gopher Prairie social beliefs and structure. After presumably months of social reclusion, Carol is coerced to attend a meeting of the Thanatopsis club. She is revitalized and excited about this new opportunity she has been given to discuss a favorite topic of English poetry. Assuming an in-depth reading of selected poems and lively discussions will take up the time, she is startled by the biographical and historical information that is shown off as great literary papers. Her idea of starting a dramatics association after a night of charades, becomes such in the weeks to follow. She experience s the overwhelming control of small town politics and agreement with association that is exhibited in the play selection process. Her choice for the leading lady is dictated by the longing for social acceptance and the simple art of sucking up. She ascertains that her vision of the perfect play has been tainted by the unmotivated, unreliable and unscrupulous cast she has assembled. The consistent snide, off-handed remarks and unannounced, unwanted suggestions echo the toils of community theater groups across the present Midwest. Carol has wonderful aspirations and ideas to help awaken the sleepy town of Gopher Prairie, but she is held back by the stiff, stubborn close-mindedness of the small town. The obstacles she encounters are her own self-criticisms. It is quite true that the townswomen gossip about her to no end, but if she could stop and listen, they gossip about each other just as much. She does not comprehend that the common means of conversation in the town are achieved thr ough the criticizing of others. Carol will never attain her dream village if she does not learn how to communicate with, understand and work with the people of Gopher Prairie. Words/ Pages : 524 / 24