In the case of See's Candy, it was a very high quality company but it didn't offer the same potential re-investment opportunity of a Coke or Gillette as it didn't have the global sales runway of these universal brands. For Buffett though, this didn't matter as See's Candy could send the profits back to Berkshire headquarters where Buffett could redeploy them in other attractive investments.
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6. If you're going to ask for a leave of absence from your job while you're working on your research this isn't a good time to do it. Chances are you can do the thinking about it stage without a leave of absence. Assuming that there are six major phases that you will have during your research project, probably the best time to get the most from a leave of absence is during the fourth stage* - the writing stage. This is the time when you really need to be thinking well. To be able to work at your writing in large blocks of time without interruptions is something really important. A leave of absence from your job can allow this to happen. A leave of absence from your job prior to this stage may not be a very efficient use of the valuable time away from your work.
4th Year Thesis Topics Available - Test Page for Apache
"Complex systems are full of interdependencies-hard to detect-and non-linear responses. In such an environment, simple causal associations are misplaced it is hard to see how things work by looking at single parts. Man-made complex systems tend to develop cascades and runaway chains of reactions that decrease, even eliminate, predictability and cause outsized events. So the modern world may be increasing in technological knowledge, but, paradoxically, it is making things a lot more unpredictable." Nassim Taleb
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Mohammed had made a will with his English solicitor, leaving everything he owned worldwide on life interest trusts for Linda. The executors and trustees (a UK based partner in the firm of lawyers for which you work and a UK based accountant) have an overriding power to defeat Linda's interest and subject thereto the trust fund will be held on discretionary trusts for Mohammed's children and remoter issue. There is a letter of wishes which says that Linda's wellbeing is Mohammed's first priority but that, subject thereto, the trust fund should be shared equally between his children. The will was made in 7568 and contains references to English statutory provisions. It also provides that the trust is governed by English law.
Our conclusion is that in some cases the benefits of lower corporate taxes fall exclusively, or almost exclusively, upon the corporation and its shareholders, and that in other cases the benefits are entirely, or almost entirely, passed through to the customer. What determines the outcome is the strength of the corporation's business franchise and whether the profitability of that franchise is regulated.
57: 'Discuss the circumstances in which a trust would be considered to be no more than a bare trust as a result of the extent of the powers which are expressly reserved by the trust instrument to the settlor and the consequences of the trust being no more than a bare trust.'
56: Discuss relevant provisions you would advise trustees to fully set out in Licensed Trust Company policies and procedures to cover the process of accepting and reviewing a trust as regards the identification of the settler, beneficiaries and source of funds. Detail what documentation should be obtained and retained, with specific emphasis on the position in Singapore under the Trust Companies Act, inclusive of related Notices, Guidelines and Circulars.
6) DON'T TAKE THE TIME TO THINK - There are plenty of example of business failure which could have been averted if management stopped to think about the consequences of their decisions. Being human, business managers suffer the same emotional biases investors do.
78. Potentially the silliest part of the dissertation is the Suggestions for Further Research section. This section is usually written at the very end of your writing project and little energy is left to make it very meaningful. The biggest problem with this section is that the suggestions are often ones that could have been made prior to you conducting your research. Read and reread this section until you are sure that you have made suggestions that emanate from your experiences in conducting the research and the findings that you have evolved. Make sure that your suggestions for further research serve to link your project with other projects in the future and provide a further opportunity for the reader to better understand what you have done.
"Be suspicious of companies that trumpet earnings projections and growth expectations. Businesses seldom operate in a tranquil, no surprise environment, and earnings simply don't advance smoothly (except, of course, in the offering books of investment bankers). Charlie and I not only don't know today what our businesses will earn next year we don't even know what they will earn next quarter. We are suspicious of those CEOs who regularly claim they do know the future and we become downright incredulous if they consistently reach their declared targets, Managers that always promise to "make the numbers will at some point be tempte d to make up the numbers" Warren Buffett
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