Essay on The Life Of Mahatma Ghandi - 3308 Words

Mahatma Gandhi Introduction Mohandas Karamchand Gandhi, the preeminent leader of Indian nationalism and the prophet of nonviolence in the 20th century, was born, the youngest child of his fathers fourth wife, on Oct. 2, 1869, at Porbandar, the capital of a small principality in Gujarat in western India under British suzerainty. His father, Karamchand Gandhi, who was the dewan (chief minister) of Porbandar, did not have much in the way of a formal education but was an able administrator who knew how to steer his way between the capricious princes, their long-suffering subjects, and the headstrong British political officers in power. Gandhis mother, Putlibai, was completely absorbed in religion, did not care much for finery and jewelry,†¦show more content†¦His adolescence was probably no stormier than that of most children of his age and class. What was extraordinary was the way his youthful transgressions ended. quot;Never againquot; was his promise to himself after each escapade. And he kept his promise. Beneath an unprepossessing exterior, he concealed a burning passion for self-improvement that led him to take even the heroes of Hindu mythology, such as Prahlada and Harishcandra--legendary embodiments of truthfulness and sacrifice--as living models. In 1887 Mohandas scraped through the matriculation examination of the University of Bombay and joined Samaldas College in Bhavnagar (Bhaunagar). As he had suddenly to switch from his native language--Gujarati--to English, he found it rather difficult to follow the lectures. Meanwhile, his family was debating his future. Left to himself, he would have liked to be a doctor. But, besides the Vaishnava prejudice against vivisection, it was clear that, if he was to keep up the family tradition of holding high office in one of the states in Gujarat, he would have to qualify as a barrister. This meant a visit to England, and Mohandas, who was not too happy at Samaldas College, jumped at the proposal. His youthful imagination conceived England as quot;a land of philosophers and poets, the very centre of civilization.quot; But there were several hurdles to be crossed before the visit to England could be realized. His father had left littleShow MoreRelatedReaction to the Film Ghandi Essay1433 Words   |  6 PagesReaction to the Film Ghandi The way of truth and love has always won. Tyrants may seem invincible, but in the end they always fall. Mahatma Ghandi The film Ghandi proved to be insightful, educational, and inspirational. The film traces Indias rocky path towards decolonization, led by the Great Spirit Ghandi. Mahatma Ghandi led Indias struggle for independence from the British Empire before 1948. The trials and tribulations of India and her people touch on many social issues. The film depictsRead MoreMahatma Gandhi : The Battle Of Wandiwash1250 Words   |  5 PagesMohandas Karamchand Gandhi, also known as Mahatma Gandhi was born on October 2, 1869 in Porbandar, Gujarat. 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Portfolio Management Theory and Applications Assignment

Essays on Portfolio Management Theory and Applications Assignment The paper â€Å"Portfolio Management Theory and Application" is an informative example of an assignment on finance accounting. Particularly, it concerns the expected return on the new portfolio including the ABC stock. The total amount invested is equal to $900000 +$100000 = $1000000. Proportion of fully invested amount = (900000/1000000) = 0.9. The ABC invested proportion = (100000/1000000) = 0.1. The expected return for the investment will be computed by taking the proportion invested then multiply by the expected monthly returns (0.9*0.67) +(0.1*1.25) = 0.728%ii). The covariance of the ABC stock returns alongside the returns of the original portfolio.The aggregate covariance is found by multiplying the correlation coefficient of ABC stock and original returns of the portfolio which is 0.4 with the monthly standard deviations of returns of the original portfolio which is 2.37 and ABC stock which is 2.95. The covariance  = 0.4(2.95*2.37) = 2.79.iii). The expected standard deviat ionThe standard deviation is computed by adding the standard deviation of ABC stock adding to the standard deviation of the diversified portfolio then adding the total to the covariance between the diversified portfolio and ABC stock.(4.5497+0.0870+0.504)^1/2 = 2.27%B.i). the new expected return on risk-free government security(0.9*0.67)+ (0.1*0.42) = 0.645%ii). The expected covariance of government security is zero since government security is risk-free.= (0.37*0) = 0iii). The expected standard deviation of government security(4.5497+0+0)^1/2 = 2.13%In portfolio management, beta is used to measure the volatility that certain security has in relation to its risk likelihood. The government securities are risk-free since there is no default of the government to the investors. The risk-free securities have a zero standard deviation that is used to lower the uncertainty of the investors. In the computation of beta, the standard deviation is one of the key variables. The higher the stand ard deviation, the higher the beta value whiles the lower the standard deviation, the lower the beta. The new portfolio of the government securities will, therefore, have a lower beta than the original portfolio.The husband’s comment is incorrect. In the decision whether to invest or not is justified by the evaluation of the expected returns that a given investment opportunity will yield and on the other hand determination of the variations or possible deviations of a given investment. In a scenario where Grace will invest in the common stock, the expected return on the investment will be (0.1*1.25) = 0.125%. The standard deviation will be (0.1*2.95) =0.0295. Considering that she will keep the money. The standard deviation for such will be zero. Therefore it would have been wise for the husband to advice Grace to keep the money because there is no possibility of a loss being occurred than to simply say it does not matter. This is in some loose sense called a reckless statemen t that has no grounds to sustain the validity.The weakness of using standard deviation is that it is incapable of quantifying the behavioral facet of investing risk.   The standard deviations are calculated at one point at a time and therefore, affected by stochastic business factors that affect the portfolio. Additionally, the standard deviation is computed based on historical data and hence cannot be used to make future decisions as far as risk and returns are concerned.I will not believe that the diagram is an efficient frontier of the group of shares he analyzed. Pursuant to the Markowitz efficient frontier theory, it should be a graphical representation of a set of portfolios that give the highest returns expected with varied expected risks. Such a diagram lacks one combination of the shares that yield the highest returns expected and this is inconsistent with the efficient frontier theory. The graph does not guarantee the selection of a portfolio that can give the highest re turn. Though the diagram is curved as the theory dictates, such a curve does not give light to know how the diversification can let an investor enhance the reward-risk proportion. The diagram is somehow misleading and cannot be based on investment decisions.

Hard News vs. Soft News Essay Example For Students

Hard News vs. Soft News Essay Hard News Vs. Soft News News stories are basically divided into two types: hard news and soft news. Hard new generally refers to up-to-the-minute news and events that are reported immediately, while soft news is background information or human-interest stories. Politics, war, economics and crime used to be considered hard news, while arts, entertainment and lifestyles were considered soft news. Hard news This is the term journalists use to refer to â€Å"news of the day. Hard news is a chronicle of current events/incidents and is the most common news style on the front page of your typical newspaper. Hard news gives readers the information they need. If the federal government announces a new youth initiative, it’s hard news the next day. Examples of hard news stories include reports on crime, court cases, government announcements, house fires, awards ceremonies, plane crashes, international events, etc. Hard news reporting uses clean and uncluttered writing. It may start with a summary lead that describes what happened, where, when, to/by whom, and why (the journalists 5 Ws). The lead must be brief and simple, and the purpose of the rest of the story is to elaborate on it. Soft News This is a term for news that is not necessarily time-sensitive. Soft news includes profiles of people, programs, or organizations. Feature stories take a step back from the headlines to explore an issue in depth. Written in the soft news style, they are an effective way to write about complex issues too large for the terse style of a hard news item. A good feature might be about the people in your community and their struggles, victories and defeats, or maybe about a trip someone took to Africa as a part of a school project. A feature usually focuses on a certain angle, explores it through background research and interviews with the people involved, and then draws conclusions from that information. For an example, look at street kids. A hard news story must clinically report the relevant statistics: how many there are, where they are, and what they’re doing. It usually relies on a time- sensitive hook – for example, the release of a new study, a demonstration by street youth or the untimely death of a young person on the streets. A feature on street youth is not limited in such a manner. It might be written over a longer period of time, and allows the unique and detailed stories of street kids’ individual lives to be expressed. Hard news is the actual report of what has happened in a simple, clear, and accurate manner. This type of news story never distorts, misrepresents or gives wrong facts. It draws no conclusions, ,makes no accusations, offers no opinions and does not indulge in any speculations. Hard news are facts and statistics. Soft news is explanatory and opinionated one. It tells about background; draws conclusions, features, editorials and interpretive and investigative news are all soft news. If a fire breaks-out in the city, its news is hard news, but if you go into details about what caused the fire it is soft news.

Similarities Between Poes Life And His Works Essays -

Similarities Between Poe's Life And His Works Similarities Between Poes Life and His Works In Edgar Allan Poes lifetime and today, critics think that there are striking similarities between what Poe lived and what he wrote. His melancholy, often-depressing stories are thought to reflect his feelings. There is truth to this, although his entire life was not miserable. In fact, in some of his poems, the good characters are modeled after him. Edgar Allan Poes writing was affected by many things in his life, including his turbulent childhood, his poverty, and his many tragic losses. In Poes childhood, he had five parents. His original mother and father Elizabeth Arnold and David Poe ,Jr.; John Allan and Fanny Allan who took him in after his mother died and his father left him; and Jane Mackenzie whom he thought of as his mother. Elizabeth Arnold was a famous actress who everyone loved. Kenneth Silverman thinks that she initially instilled a love of the arts in Poe.(9) Unfortunately however, she died when he was only two years old. David Poe Jr. was also an actor, but he did not gain nearly as much critical acclaim because of his stage fright and a tendency to mumble. He left soon after Edgar was born and went to Baltimore where he lived for a few years and gained a reputation as a drunk. It is thought that he died at age twenty-seven in either New York or Baltimore. After his mothers death, Poe was sent to live with John and Frances Allan who gave him a life radically different from the one he had known. Kenneth Silverman says that in his new life, Poe found material wealth and love instead of poverty and abandonment .(11) At age thirteen, Poe went with John Allan to London where he received a strict boarding school education. He enjoyed the challenges this school brought to him. William Wagenknecht says that in Poes later story, William Wilson, about a man who struggles with the concept of good and evil, the good character was based on Edgars happy times in England.(15) With Poes newfound wealth, he immersed himself in the arts. He would often quote Cervantes or Shakespeare and add that he was envious of their literary genius. At the tender age of fifteen, someone offered to publish a book of his works. Allan would not allow it though, as he was afraid of Poes ego swelling. Poe strived to excel in everything he did, swimming, long jump, running , and writing. This will to succeed showed up in his work later in life when he wrote constantly to keep up with the demand for his stories. Poe eventually broke away from Allan as a result of an argument between Allan and his second wife with Poe taking the wifes side. He did briefly reconnect with Allan to get his recommendation for West Point. Poe eventually purposely failed our of West Point by missing classes and lost touch with his father all together.(18) These tumultuous times had great highs and lows which greatly affected Poes later writings. Another aspect of Poes life, which greatly affected his writing, was his poverty. Silverman agrees saying that, poverty was a consistent thread throughout his entire life (except his time with the Allans). In his early years, his mothers career as an actress often left them with little more than donations from people who pitied the family.(10) Also, later in his life, Poe found himself in debt or poverty. This influenced many of his decisions; including the decision to work for little or nothing in order to get his first book published. This book, Tales of the Grotesque and Arabesque, was published with no royalties going to Poe. His only consolation was that he got to keep the copyrights. It was these bittersweet times that allowed him his unique sense of self. He often equated love with pain, melancholy with beauty, and magnificence with death. Ronald Gottesman cites that he called death ...that fitful stain of melancholy, which will ever be found inseparable from the perfection of the beautiful.(1204) Edward Wagenknechts view is that, Beauty brings melancholy because it is impossible to hold, and it can not be dissociated from death because