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Thursday, September 3, 2020
Buddha in the attic free essay sample
As the jobs of ladies keep on developing each century, their broadly useful practically remains the equivalent. In Buddha in the storage room which happens in China in the 1900ââ¬â¢s ladies were wanted as basically hirelings and youngster bearers. The story in Buddha in the upper room it gives a winded record of the womens expectations and fears and the persevering lives for which they settled. Each book clarifies the lives of dedicated ladies with various difficulties, sorrows however living in various pieces of the hundreds of years. The likeness between the two stories shows the two gatherings of ladies experiencing various difficulties however both voyaging unknown waters. In Buddha in the upper room the Japanese didn't have the foggiest idea what they were getting into when they were going to America. Much to their dismay they would need to buckle down each day to get what they asked for from America. We will compose a custom article test on Buddha in the storage room or on the other hand any comparable subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page We overlooked Buddha. We disregarded Godâ⬠¦We built up a chilliness within us that despite everything has not defrosted. We quit keeping in touch with our moms. We shed pounds and became slight. We quit dying. We quit dreaming. We quit needing. We essentially worked. That was all. â⬠However in You know when the men are gone they comprehended what military life resembled yet they didnââ¬â¢t know about the new difficulties they would look in an alternate state. In both of the books they recount accounts of womenââ¬â¢s lives and how they endure. Be that as it may, they portrays them in an unexpected way. In The Buddha in the Attic, Otsuka utilizes a totally different style. She recounts to the story in a ââ¬Å"weâ⬠plural account. She never centers around a solitary lady. She doesnt give them names. They resemble a considerable lot of us see theman worker gathering, not quite the same as each other. However, simultaneously, she recounts to their individual stories in America and afterward their normal destiny as the nation gathers them together and sends them to internment camps during the war. Anyway in the novel you know when the men are gone Fallon recounts to people accounts of officers coming back to non military personnel life with respect to both the trooper getting back home and the family abandoned. A few characters are overwhelmed by depression and go to a regular citizen who wont leave them for a year-long visit. A few characters return home hoping to be invited by a friend or family member, just to discover their spouses and husbands altogether changed.
Saturday, August 22, 2020
The Joy of Vocabulary Acquisition
The Joy of Vocabulary Acquisition The Joy of Vocabulary Acquisition The Joy of Vocabulary Acquisition By Mark Nichol As a word geek, I think that its pleasurable to find words I had not up until now thought about. Being acquainted with utilitarian specialized and logical phrasing by and large doesnââ¬â¢t do much for me, yet constantly, discovering a word that is different to me carries a grin to my face. The latest upbeat expansion to my promise crowd is anagnorisis, received into English from Greek by method of Latin. The word implies ââ¬Å"recognition,â⬠yet with the feeling of oneââ¬â¢s emotional revelation of oneââ¬â¢s own character, personality, or nature, or that of another person. Its utilization in artistic analysis goes back to Aristotle, and the idea of anagnorisis is regularly connected with purification, the cleansing or refining of oneââ¬â¢s feelings or oneââ¬â¢s recharging or reclamation bringing about a sudden change in feeling purgation is a most loved expression of mine, also just as with peripeteia (another new word for me) which implies ââ¬Å"turning point.â⬠What number of words do I know now, subsequent to adding anagnorisis and peripeteia to my trove? I have no clue, however I can appraise. The dynamic jargon of the normal grown-up local speaker of English-that is, the quantity of words an individual really utilizes is supposed to be around 20,000. (The normal detached jargon the quantity of words an individual perceives and knows the importance of yet doesn't utilize is about twice that.) However, as per one source, a negligible 25 words establish about 33% of our ordinary composition, 100 words represent half of it, and 1,000 words comprises almost 90 percent of our composing jargon; our typical perusing diet of journalistic and conversational composed substance may comprise of as not many as 3,000 words. Taking into account that Iââ¬â¢m an editorial manager and author who appreciates examining historical underpinnings and perusing the word reference, I presumably know a few times that numerous words, yet my all out is likely still in the five-figure go. In any case, for what reason would anybody need to realize that numerous words? Iââ¬â¢ve never set out to find out about more words for accomplishing a jargon word check, however I value having the option to gather a particular term when a conventional one just wonââ¬â¢t do. Be that as it may, for what reason would I ever utilize anagnorisis? With regards to talking about an artistic work-whether one of the Great Classics or a comic book-I wouldnââ¬â¢t be happy with acknowledgment, since it doesnââ¬â¢t very catch the power of self-disclosure or of a purifying peripetic second in which one understands that, for instance, an alleged saint is a reprobate or (all the more intriguingly) the other way around. English is packed with words we donââ¬â¢t utilize each day however we can gather to communicate a nuanced thought or to convey a thought that in any case should be clarified in an expression or with a whole sentence. (That is the incredible estimation of German words, for example, zeitgeist and weltanshauung.) Having such terms nearby is of extraordinary advantage when one endeavors to compose rationally and briefly. In any case, you may contend, the vast majority donââ¬â¢t know what anagnorisis implies, so hasnââ¬â¢t one neglected to impart when one uses such highfalutin jargon? My reaction: Iââ¬â¢d in all likelihood gleam, or quickly characterize, the word the first occasion when I utilized it, and once I did, my perusers would have an expansion to their own assertion crowd. Similarly, I profit by perusing content that may highlight testing wordcraft. Thereââ¬â¢s no disgrace in utilizing essential jargon; a large number of the morphemic structure squares of this post and my others comprise of one-syllable words any youngster knows, and itââ¬â¢s a fascinating activity to attempt to compose a bit of substance utilizing only one-syllable words (however, on the off chance that you need to develop sincerely solid, begin with a two-syllable cutoff and work your way down). Be that as it may, finding the perfect word for the activity is a commendable objective for scholars. (There must be a word for that.) Need to improve your English quickly a day? Get a membership and begin getting our composing tips and activities every day! Continue learning! Peruse the Vocabulary class, check our mainstream posts, or pick a related post below:7 Types of Narrative ConflictHow Long Should a Paragraph Be?Dealing With A Character's Internal Thoughts
Friday, August 21, 2020
Writing in the Electronic Age essays
Writing in the Electronic Age articles In spite of the fact that Lev Manovich presents a few pertinent issues in his exposition, his work was totally difficult to comprehend. Following quite a while of clear gazes at unlimited words, I at long last had an achievement. Might he be able to talk about databases comparable to our regular day to day existences and new media? That is actually what he is stating, just in ten pages longer than it truly must be. In the initial scarcely any dozen pages of his work, Manovich talks about story style. Story style will in general be a straight, or sequential, method of clarifying an occasion or procedure. Regularly this is done orally as a story. Story style is syntagmatic, or following a characteristic request. The story is straightforward and ordinarily is orchestrated sequentially. For instance, when somebody is portraying their day, they would clarify the features in sequential request utilizing story style. Another way Manovich thinks we present data is by the utilization of database. He characterizes databases as an organized assortment of information. Databases can be straight or non-direct. Just put they are records of data put away in a PC. The data is effectively retrievable, however isn't in sequential request. Rather it is arranged utilizing paradegmatic structure, which is association into regular classes. For instance, if a database were utilized to arrange my biography, there would be singular documents for my introduction to the world, adolescence, open tutoring, and school. Obviously more would be included as my life went. There are scarcely any similitudes among story and database structures. The two of them convey to the peruser, or watcher, with words or pictures and attempt to, as Lev Manovich states, make importance out of the world. Being contenders they will in general complexity each other in numerous angles while battling for strength in the field. Accounts follow a specific request, typically straight, and have logical purpose for that specific request. Databases have an arbitrary request, yet all the individual documents have so ... <!
Thursday, June 11, 2020
Career Tips For Graduating Law Students - .com
Graduation season is both a time of celebration and a time of anxiety for graduating law students. You have spent three years specializing in legal studies while others your age are already working. If youre one of the lucky ones, you may already have secured a job at a firm; if youre one of the less lucky ones, you must still be looking for one. Regardless of whether you are still applying for jobs, or busy going through the most common yet tricky interview questions, this is a momentous time for your law career. Here are top 10 career pieces of advice all law graduates need:1. Prepare for the BARA no-brainer, but no less important advice since you cannot start practicing law without first passing the BAR. We wont give you tips on how to pass the BAR exams in this article. Make sure to get into the best bar reviewer you can and take in all that they give you. Do your best, too, while taking the actual BAR examsdont let pressure and anxiety get the best of you.2. Get a kick-ass resum eThink of your resume as the advertisement to convince large law firms to interview you aside from your standing in your law school. Therefore, your resume has to be well-written and well-curated. Recruitment experts at suggest tailoring your resume for every law firm you apply for. This way, you can emphasize aspects of yourself that best fit the firm or position you are applying for. For a kick ass application, get an expert to write your cover letter to go with your resume.3. Know the areas where you excel and focus on thatDifferent law firms have their own practice areas, as do great attorneys. After three years in law school, you most likely already have an idea as to which practice area you are most interested in or which one you are good at. Then, your job search will be more focused as you can focus your efforts on employment options that will contribute to your career development in this area. Your enthusiasm for that area, be it environmentallaw, family law, health law, o r intellectual property, will show in your application and will reflect in your work.4. Be open to various employment optionsThe legal job market is highly competitive. For example, some 34,922 law students graduated in 2019 alone, which means this is the approximate number of new attorneys you will compete with. Naturally, not everyone will be considered for a position in large law firms, but that does not mean it is the end of the world. The legal field is far and wide, there are many job listings in other areas that are as equally viable as jobs in New York and other such cities. Be open to looking for jobs across the country, tooyou will find that there are just as many interesting law career paths in other areas.5. Consider additional training and certificatesA way to make yourself even more marketable is by adding specialized training and certifications to your degree. Law school teaches you the fundamentals of law, but specialized trainings will give you practical strategies and methods for specific law fields like arbitration and meditation. This will definitely look good in your resume if youre applying for a specialized position.6.Build your networkAside from job fairs, make the time to attend events where many legal employers might be in attendance. These do not have to be legal networking eventsany event lawyers generally attend is an opportunity to build your network. Simply talk with them and get to know them and their workbuild a relationship with themand this might help you in the future. A more active approach to networking would be to set up meetings with attorneys who will meet with you for possible job opportunities.7. Get publishedLaw is a writing and research intensive field, although this is not something emphasized in degree programs. Nevertheless, new graduates ought to hone and exhibit their legal research and writing skills. That said, having a publications section in your resume is a surefire way to boost your resume. Plus points if your publications are focused on the practice area you intend to enter.8. Always appear your bestWhether you are attending a job fair hosted by your schools career services office, meeting with a lawyer, or going to an interview, it is a must to always be in your best. By best we do not mean just your clothes, face, and hair, we mean your mental health and attitude as well. We know that the last few months of law school is some of the most grueling months, so dont forget to take some time to take care of your wellbeing. Appearing in a poor state ofmental healthwill most definitely reflect in your attitude, and that might negatively affect your application. Look your best, and be your best self.On a related note, avoid being overconfident and entitled either. It is not just your skills and grades that matter for these large firms, they ultimately look for those who will thrive in their organizational culture. If youre too entitled, recruiters will not think that associate attorneys would like working with you.9. Take initiativeTaking initiative means doing unassigned work. You know this, you have heard this in class, but as a professional, this means a lot more than being a step ahead of your classmates during recitation. As a practicing lawyer, taking initiative could mean taking on pro bono work or, if youre employed, doing unassigned work. Pro bono work gives young lawyers real-life legal experience, which is very attractive for law firms. The value of pro bono work is in the opportunity for you to apply all that you have learned.On the other hand, if you are working on a firm, try to take initiative in doing unassigned work. This shows your firm that you want work there and that you can have a valuable contribution. This will help you get promotions.10. Value your mentorModern law firms typically assign junior associates a senior associate to mentor them. These mentors will guide you in around your firm, introduce you to powerful people (network!), and may put in a good word for you when youre up for a promotion. That said, not only do you need to observe them and how they do their work, you also should connect with them and show them that you respect them (but of course not to the extent of doing their errands).These are some of the most important tips to help you jumpstart your career as a lawyer. Keep in mind, though, that you do not need to do all of this all at once. Do not overexert yourself! You may want to modify it depending on what your resume needs and what the career you want may require.How to become a good lawyerEqually important with starting a law career is maintaining and expanding your career paths. In the field of law, whether in corporate law or in government positions, there are many steps to climb in the corporate ladder. No one in their right mind would be content with an entry level position. These are the most crucial skills you will need in order to become a good lawyer.Analytical skillsThese include:- Criti cal thinking- Decision-making- Logical thinkingThese, of course, are basic. What truly makes a difference is how you wield these skills. As a lawyer, you will need to engage in hours and hours of document review and make decisions on how to handle or solve your clients problems based on what you find there. This involves knowing which strategies will work for a particular case, for example. To become a good lawyer, you need to be able to analyze documents and situations quickly and expertly.Likewise, your critical thinking skills will help you craft your argument. Part of good analytical skills is being able to anticipate the arguments the opposing side will present. This doesnt mean that you need to have a rebuttal for everything, just that your argument should be more persuasive than theirs.Problem-solving skillsPeople mostly only seek their attorneys advice when they have a problem, which makes lawyers essentially problem-solvers. In order to solve your clients problems, you need to employ your analytical skills, first to identify the true problem, and then to identify the best, most practical solution.Communication skills- Written communication- Verbal and nonverbal communication- Listening- Mediation- Persuasive skillsCommunication is indispensable in the field of law. Lawyers have to communicate to various kinds of people in multiple ways, and they always need to convince the other person of their arguments. Conversely, they need to be able to understand their clients needs and in turn let it be understood by others involved. In short, lawyers need to be able to use language effectively.As a lawyer, you need to be able to communicate whether in a meeting room, over the phone, in front of an audience, through an e-mail or text, or through documents. You should be able to clearly and persuasively put forward your clients case.Research skillsLawyers also need to gather the information they need. Though senior associates typically have a team to do the resea rch for them, they still have to direct the team towards the right kind of information to look for and where to find them. You need to know how to effectively use the search resources available. You will not be able to do this successfully without acquiring research skills yourself.Negotiation skillsEven when they are writing, lawyers are always negotiating. Lawyers always negotiate on behalf of their clients, and they do that using their knowledge of the law. Great lawyers are able to use their knowledge and other skills, and cooperate with the other parties, to arrive at a solution that all parties can agree to. While interpersonal skills, a significant ingredient in being able to negotiate effectively, tend to be inherent to a person, negotiation skills are not. Negotiation skills can be honed through practice and experience. So, dont neglect your negotiation skills while practicing law.CreativityCreativity, sometimes thinking out of the box, is needed to find solutions to a seem ingly complex problem. A great lawyer uses their analytical skills with creativity when making judgments and finding solutions. Not everything is straightforward in the world, especially not in law.PerseveranceSince youre already about to graduate from law school, chances are youre already a persevering person. Still, this is a trait that we hope doesnt get lost in you as you climb the corporate ladder. Law jobs require long hours and a long time of commitment before gaining promotion. So, this is a trait that is useful in handling cases as well as in expanding your career.TeamworkBy now, you already know that lawyers always have to work with a team. An associate attorney always has a support staff, work with co-counsel at times, coordinate with other experts, or negotiate with clients. Whether you are theleaderor part of the support staff, you need to be able to build strong relationships with your team and be able to successfully coordinate with them towards achieving your goal.Ob jectivityIn law, especially when youre a starting law associate at a large law firm, you may be assigned a client you dont particularly like. This could range from finding your client arrogant to finding that your client wants something that goes against your own opinions, and you may not always have the option to opt out. In cases like this, you should be able to put your feelings aside and work with what you have. You can chalk this up to professionalism. In fact, the top ways attorneys can help their clients is by viewing their case objectively.Have strong attention to detailThis soft skill goes hand-in-hand with almost all the skills a lawyer needs. Everything that you do and produce must be virtually perfect as a minor error could cost you your case. Likewise, very small details could be the key to the solution to your case. Take for example this case in Maine that was won due to a missing Oxford comma. Essay writing service for studentsThese skills are probably already second nature to you by now after studying law for three years. Our resume tip is to emphasize these skills in your resume and interviews. Similarly, do not forget about these legal skills once you get accepted or once you get a promotion. These are lifelong skills for a lawyer, and as you grow in your career these skills should improve, too. Law, like any career, requires you to take on lifelong learning. This does not just apply to learning recent laws and such, but also learning new skills and improving the ones you already have. If you need any help with your law career, visit any time. Now, on to your future!
Sunday, May 17, 2020
An Analysis of Arnolds Essay, The Function of Criticism...
Introduction The first thing to start with is the title. In order to understand Arnoldââ¬â¢s essay we should first understand the title of the essay. As we notice that Matthew Arnold associates criticism with one function not many functions, but which function? He also mentions that this function of criticism is limited within a specific and particular time which is the present time and the past or the future time. Therefore, answering the questions of function and time of criticism goes with analyzing Matthew Arnoldââ¬Ës essay through my reading of his essay. It becomes clear that Arnold defends the importance of criticism. Thatââ¬â¢s to say he tries to display that the critical mind is of a paramount importance as well as the creative mind. Aâ⬠¦show more contentâ⬠¦The creative mind was considered as the peak of creativity and inspiration whereas the critical mind was considered of less importance. William Wordsworth, the most famous opponent of the critical mind considers criticism as a waste of time. He was one of those who criticized Arnold Matthew because he gives much importance to the critical effort over the creative effort. Wordsworth states that critics would be employed in original composition his reasoning behind this statement is injury to the mind of others. That criticism can cause in contrast to the harmlessness of prose or verse. As a reaction against Wordsworth, Matthew Arnold questions whether criticism in injurious to minds. For Arnold Matthew, Wordsworth judgment on criticism has a sense of exaggeration and this is due to the severe criticism which was received by Wordsworth from critics. More importantly, Arnold tries to refute the idea that the critical power is of lower importance than the creative power. Both creative power and critical power are complementary and of equal importance, because man finds his true happiness within the creative process, however this creative process can not be limited to great works of literature. Well-doing, learning or even criticizing according to Arnold can be a creative project that they can be just as fulfilling as great works of literature, and then criticism can be one of those fields in which one can experience happiness far from Wordsworth. Matthew ArnoldShow MoreRelatedArnolds Epochs of Expansion and Epochs of Concentration2228 Words à |à 9 Pagesdefinition of criticism: a disinterested endeavor to learn and propagate the best that is known and thought in the world; (Leitch 824) said the Victorian poet and critic Matthew Arnold. Matthew Arnold, an English poet and critic whose work was both a representative of the Romant ic ideas and of the Victorian intellectual concerns later on was the primary literary critic of his age. Arnolds critical theories is highlighted mainly through his most important critical prose The Function of Criticism at theRead More Matthew Arnold versus Aristotles Poetics Essay examples3833 Words à |à 16 PagesThe value of imitation: a vision of Aristotles Poetics Aristotle wrote his Poetics thousands of years before Matthew Arnolds birth. His reasons for composing it were different from Arnolds reasons for using it as an element of his own poetic criticism. We can safely say that Arnold was inclined to use the Poetics as an inspiration for his own poetry, and as a cultural weapon in the fight for artistic and social renewal. Aristotle, by contrast, was more concerned with discovering general truths
Wednesday, May 6, 2020
Social Pyschology Prejudice - 1729 Words
What is the cause of prejudice? This is one of the few questions of interests in the field of social psychology. This essay will evaluate the social psychological approach to understanding prejudice. Social psychology is a scientific form of explaining human behaviour. It was developed by Gordon Allport in 1985, social psychology focuses on social interactions that cause various behaviours. It is scientific because behaviour can be observed therefore measured in many forms. This is an objective way of collecting data that can then be used as proof to back up series of theories. One of the main points in social psychology is that it doesnt just focus on motor activities but also on behaviour such as facial expressions which can also beâ⬠¦show more contentâ⬠¦Another case would be where that certain individual gets peer pressured and almost pushed into being prejudice without their own will. Prejudice (Ramsden, 2014). Racism can happen in many ways but will still have the same outcome. When one stereotypes to another, racism rises and labelling begins. An experiment done by Jane Elliott (1968) demonstrated stereotyping towards group of individuals which created racist remarks when labelled. She introduced prejudice to her class of nine year olds by labelling the blue eyed children as more intelligent than the brown eyed children. Elliott (1968) purposely applied strict rules such as that the brown eyed children were to drink from a paper cup and have less time in recess. With in a short period of time she witnessed how much the childrens attitude changed from being sweet and innocent to what she described as nasty, vicious and discriminatory behaviour towards the brown eyed children. In her study, she also noticed how much the blue eyed children did better in their education whereas the brown eyed people dropped scores below their average. When Elliott reversed roles, she observed the same behaviour. Controversies (Rhodes, 2013). This study was not very ethical. Jane Elliott failed to protect her class of children from harm. The children were labelled which made them start behaving in the roleShow MoreRelatedThe Racism Of African Americans2803 Words à |à 12 Pagesdigressive talk that has socially constructed them as criminals and disturbed individuals, which challenges their humankind and their entitlement to an honest to goodness social and racial personality. Such racialized talk has itââ¬â¢s establishes in suppression, was duplicated among the Jim Crow period, and is kept up today through systemic prejudice to keep them from having a solid character, one that the world can acknowledge and respect. Regarding the matter of personality, Blacks have a bewildering, yet
Principles of Corporate Finance
Question: Describe about investment game corporate finance? Answer: Introduction The main aim of this report is to review an investment game whereby we had to invest 1,000,000 on behalf of Archie keeping in mind his needs, preferences and risk appetite. This report highlights the underlying theory, strategy employed and underlying research which was done in order to frame a customised portfolio for Archie. Discussion of Theory According to Markowitz, it is possible to design an efficient portfolio keeping the risk appetite, preferences and needs of a particular investor in mind. In this regard, particular attention needs to be paid on the liquidity requirements, investment horizon and asset preference of the investor. Besides, it is known that investment in stocks in the form of equity can be a risky proposition hence effective diversification holds the key so that unsystematic risk associated with investing in stock can be minimised. Also it is imperative that with the change in investor needs the portfolio should also reflect the same and therefore an active involvement may be required in management of the asset portfolio (Brealey, Myers Allen, 2008). With regards to investing in stocks, investors and academicians suggest two basic parameters for choosing stocks namely the price of entry and the fundamental strength of the company and sector. These two core principles form the tenet of the major theories in stock investment namely technical analysis and fundamental analysis. It is normally assumed that traders go for the former while investors go for the latter primarily due to difference in their investment horizons. However some advocate that given the vagaries and unexpected movements in stock prices, it is prudent to combine both the approaches as and when possible (Damodaran, 2008). The technical analysis is primarily based on the belief that past price movements can help in prediction of future prices and essentially relies on finding support and resistance levels through constant observation of the stock price movements. It recommends entering a stock near the support price level and booking profits near the resistance levels. During this not much importance is given to the business model and performance of the underlying company. However the fundamental analysis refutes this and relies on the fundamentals of not only the organization but the sector and economy as a whole. Investors relying on fundamental analysis typically invest in only those companies whose business they understand and believe would well in the future. Although a number of stock market participants tend to rely on at least one of these approaches, however the utility of these is refuted by the Efficient Market Hypothesis (EMH) which is propagated by Eugene Fama and advocates that no investo r can earn above average returns in the stock market on a sustainable basis and thus stock analysis through various tools is essentially a futile exercise (Parrino Kidwell, 2011). Groups Strategy Our group strategy is to primarily fulfil the requirements of the clients and frame a portfolio which can give reasonable returns. Archie seeks to retire in 5 years and till that time aims to increase his capital to the maximum, hence the investment decisions have been taken considering that the longest horizon possible is 5 years. Hence small cap specialist pharmaceutical companies dedicated to R D which may have the potential to yield phenomenal returns in a longer horizon of around 10 years have not been considered. Additionally emphasis has been given to fundamentally sound companies since enough time horizon is available. Also for deploying technical analysis, observation of a particular stock for a sizable time may be required which has not been really possible in the limited exposure we have had with the stock market. However while making trades price has also been given due consideration and not only the fundamentals of the underlying stock. Since Archie during the next 5 years also expects to receive some income in the form of dividends, hence majority stocks chosen were those which had a lucrative and regular dividend income flow. This would enable Archie to meet his holiday funding and expenses related to car. Since Archie would like to contribute to the purchase of property in10 years time, hence the investments are such which maximise the return but simultaneously do not enhance the risk too much. Therefore even though some of the small cap companies offered immense potential but due to inconsistent execution record such companies were not invested into. Since Archie is generally risk averse, hence investments has been limited to large cap companies which are part of FTSE 100 index so that in the long run at least capital preservation is assured. Further due to lack of any experience in stock market investing and lack of knowledge about smaller companies, even though Archie permits 10% of the fund to be invested in risky investments, this has not been exhibited since there was no consensus in the group with regards to a particular company and also there was a general lack of conviction. Due emphasis has been given to diversification of the portfolio so that the unsystematic risk is minimised. However since the portfolio could contain a maximum of 5 stocks hence the portfolio is rather not very diversified. Further 10% of the fund has been kept aside in banks for contingency usage. Description of research approach To begin with, we have tried to shortlist certain stocks/sectors that we would like to invest so as to make handsome gains in the short to medium term. These opportunities are discussed below. We were aware that during the time period when we were supposed to trade that crude oil had crashed below $ 50 per barrel which clearly seemed highly oversold and thus the situation or trend would have to take a turn in the near to medium future. Due to crashing crude prices, the crude oil producers and refiners are hit as a result of which there stock would tumble. In this regard, the first company we could think was British Petroleum since it satisfies the tenets of our overall investment strategy. We studied the stock price movements of BP using Yahoo Finance Interactive chart and compared the movements with that of crude oil and thus were able to identify a visible correlation. However care was taken to enter the stock at the right price and hence when it took a major dip in the second week of March (i.e. Week 8), we bought BP shares (Yahoo Finance, 2015). We were aware about the recovery in the US economy which was apparent with the halt in QE program and hence this recovery meant an increase in demand by the US consumers which would fuel the growth of manufacturing sector of the East particularly China. This would lead to a greater demand of various commodities and would result in the increase of global commodity prices. As a result we wanted to buy into a assorted miner which has global presence. We had two choices namely Rio Tinto and BHP Billiton but we eventually settled for BHP Billiton due to analyst opinion and some reports available on e-databases and online search (Yahoo Finance, 2015). Since BP and BHP Billiton are both commodity based businesses, we wanted to invest in another sector which is robust and is expected to do well in wake of global economy recovery. This sector we felt is the organized retail sector and thus we bought Tesco which is the largest retailer based in UK and has a robust business model. Although there was debate regarding an investment in pharmaceutical company such as GSK but the majority were not in favour as they felt that the global economy after a tough phase is looking for better times. Summary of Trades The summary of trades is presented in the table shown below (Yahoo Finance, 2015). Date Stock Bought Price (GBP) Quantity Commission Amount Invested Remaining in Bank 4th March Tesco Plc 2.42 120,000 2,904 290,400 706,696 13th March BP Plc 4.17 70,000 2,919 291,900 411,877 17th March BHP Billiton Plc 28.65 10,500 3,008 300,825 108,044 The final portfolio as on 20th March end of day is as follows (Yahoo Finance, 2015). S.No. Asset Invested Amount Valuation on 20th March 1 Tesco Plc 290,400 293,820 2 BP Plc 291,900 315,700 3 BHP Billiton Plc 300,825 323,190 4 Bank Account 108,044 108,044 Total 1,040,754 Conclusion From the above discussion, it can be concluded that within the limited knowledge and exposure that we had, we did a decent job at choosing a portfolio for Archie which fulfils most of the criteria which were given by Archie. However looking back, we felt that we could have devoted 10% of the fund value to a more aggressive small cap company which could have enhanced the returns. But lack of confidence and the fact that we were doing this for the first time made us adopt a cautious and calibrated approach. With this experience, it is apparent that going forward we can be more creative and try to make trading picks based on constant news flow which we were not able to do this time round. Additionally we would have ideally liked to have one or two more stocks in the portfolio particularly belonging to the cyclic industries such as automobiles which would result in some more diversification and may be factor in defensive sector such as pharmaceutical in case of any global crisis in the n ear future. References Brealey, R, Myers, S Allen, F 2008, Principles of Corporate Finance, 9th edition, McGraw Hill Publications, New York Damodaran, A 2008, Corporate Finance, Wiley Publications Pvt. Ltd, London Parrino, R Kidwell, D 2011, Fundamentals of Corporate Finance, Wiley Publications Pvt. Ltd, LondonYahoo Finance 2015. Historical Stock Prices, Yahoo Finance, Available [Online] from: https://uk.finance.yahoo.com (Accessed February 20, 2015)
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