Does the Emperor Wear Clothes or Not? The Final Word (or Almost) on the Parable of Investment Management

CFA Digest ◽  
1997 ◽  
Vol 27 (1) ◽  
pp. 76-77
1996 ◽  
Vol 52 (4) ◽  
pp. 9-15 ◽  
Author(s):  
Philip Halpern ◽  
Nancy Calkins ◽  
Tom Ruggels

1981 ◽  
Vol 26 (2) ◽  
pp. 128-129
Author(s):  
Rosalind L. Feierabend
Keyword(s):  

1984 ◽  
Vol 29 (5) ◽  
pp. 440-440
Author(s):  
Linda S. Siegel
Keyword(s):  

Author(s):  
Olga Olegovna Eremenko ◽  
Lyubov Borisovna Aminul ◽  
Elena Vitalievna Chertina

The subject of the research is the process of making managerial decisions for innovative IT projects investing. The paper focuses on the new approach to decision making on investing innovative IT projects using expert survey in a fuzzy reasoning system. As input information, expert estimates of projects have been aggregated into six indicators having a linguistic description of the individual characteristics of the project type "high", "medium", and "low". The task of decision making investing has been formalized and the term-set of the output variable Des has been defined: to invest 50-75% of the project cost; to invest 20-50% of the project cost; to invest 10-20% of the project cost; to send the project for revision; to turn down investing project. The fuzzy product model of making investment management decisions has been developed; it adequately describes the process of investment management. The expediency of using constructed production model on a practical example is shown.


2019 ◽  
Vol 11 (3) ◽  
pp. 49
Author(s):  
Sarah Pawlett-Jackson

In this paper I offer a comparative evaluation of two types of “fundamental hope”, drawn from the writing of Rebecca Solnit and Rowan Williams respectively. Arguments can be found in both, I argue, for the foundations of a dispositional existential hope. Examining and comparing the differences between these accounts, I focus on the consequences implied for hope’s freedom and stability. I focus specifically on how these two accounts differ in their claims about the relationship between hope and (two types of) necessity. I argue that both Solnit and Williams base their claims for warranted fundamental hope on a sense of how reality is structured, taking this structure to provide grounds for a basic existential orientation that absolute despair is never the final word. For Solnit this structure is one of unpredictability; for Williams it is one of excess. While this investigation finds both accounts of fundamental hope to be plausible and insightful, I argue that Williams’s account is ultimately more satisfying on the grounds that it offers a realistic way of thinking about a hope necessitated by what it is responsive to, and more substantial in responding to what is necessary.


CFA Magazine ◽  
2011 ◽  
Vol 22 (1) ◽  
pp. 48-51
Author(s):  
Rhea Wessel

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