Upton Sinclair :: essays research papers

Upton Sinclair was an American writer whose works reflects not only the inside but also the socialists view on things. Upton sinclair was born in Baltimore, Maryland. He was born into a family which held to it’s Southern aristocracy in every thing that was done. When Sinclair was ten years old, the family packed up and moved to New York City ( Where there were more opportunities to succeed ). Upton Beall Sinclair began writing when he was 15 years old. He mostly wrote ethnic jokes and fiction for a fun magazine. He wrote these silly stories and jokes in order for the magazine to pay for his studies at New York City College. After he was done at New York City College, in 1897, he enrolled at Columbia University. By this time, Upton was putting out many novels and respected works. He was already being realized as one of the greatest writers of his time. Upton was putting out up to two novels per week. This was unheard of at this point in time. During these years he wrote Clif Faraday stories such as "Ensign Clarke Fitch." He was also writing Mark Mallory Stories like "Lieutenant Frederick Garrison" for boys’ weekly magazine. His writing was on the right track, but he still didn’t have that one book to put him over the top. In 1900 Sinclair married his first wife. This was a start of a whole new era of writing for him. By 1904 Sinclair was moving toward a realistic fiction type of writing. He had become a regular reader of the "Appeal to Reason", which was a popular socialist-populist weekly magazine at that time. Upton’s big break came in 1906 when he published a book called, " The Jungle." As a writer this is where Sinclair gained most of his fame. This book gave him not only fame, but it also led to the Pure Food and Drug Act in 1906. This book had the deepest impact since Harriet Stowe’s Uncle Tom’s Cabin. The books popularity enabled Sinclair to establish and support the socialistic Helicon Home Colony in Englewood, N.J. However the popularity of his type of writing fell away after that year. After " The Jungle" was written it set off many sim ilar studies of a group, and industry. or a region. Among some of them were: "The Metropolis" (1908) which was a exploration of New York people, "King Coal" (1917) which was a story about the Colorado Mining strike of 1914, and "Oil!" which was considered one of Sinclair’s most influential writings. Upton Sinclair :: essays research papers Upton Sinclair was an American writer whose works reflects not only the inside but also the socialists view on things. Upton sinclair was born in Baltimore, Maryland. He was born into a family which held to it’s Southern aristocracy in every thing that was done. When Sinclair was ten years old, the family packed up and moved to New York City ( Where there were more opportunities to succeed ). Upton Beall Sinclair began writing when he was 15 years old. He mostly wrote ethnic jokes and fiction for a fun magazine. He wrote these silly stories and jokes in order for the magazine to pay for his studies at New York City College. After he was done at New York City College, in 1897, he enrolled at Columbia University. By this time, Upton was putting out many novels and respected works. He was already being realized as one of the greatest writers of his time. Upton was putting out up to two novels per week. This was unheard of at this point in time. During these years he wrote Clif Faraday stories such as "Ensign Clarke Fitch." He was also writing Mark Mallory Stories like "Lieutenant Frederick Garrison" for boys’ weekly magazine. His writing was on the right track, but he still didn’t have that one book to put him over the top. In 1900 Sinclair married his first wife. This was a start of a whole new era of writing for him. By 1904 Sinclair was moving toward a realistic fiction type of writing. He had become a regular reader of the "Appeal to Reason", which was a popular socialist-populist weekly magazine at that time. Upton’s big break came in 1906 when he published a book called, " The Jungle." As a writer this is where Sinclair gained most of his fame. This book gave him not only fame, but it also led to the Pure Food and Drug Act in 1906. This book had the deepest impact since Harriet Stowe’s Uncle Tom’s Cabin. The books popularity enabled Sinclair to establish and support the socialistic Helicon Home Colony in Englewood, N.J. However the popularity of his type of writing fell away after that year. After " The Jungle" was written it set off many sim ilar studies of a group, and industry. or a region. Among some of them were: "The Metropolis" (1908) which was a exploration of New York people, "King Coal" (1917) which was a story about the Colorado Mining strike of 1914, and "Oil!" which was considered one of Sinclair’s most influential writings.

Who Is Free To Choose :: essays research papers

Who Is Free To Choose?   Ã‚  Ã‚  Ã‚  Ã‚   The Internet started out as a tool for transmitting information to learn and study. Free expression on the Internet is one of the things that makes the Internet so great. People can get information on a subject from many different areas. This gives the chance for people to see an issue form other points of view. The Internet has developed into a vast medium of knowledge with many users contributing to its growth. With the growth of the Internet, many people have seen it as a source to express their ideas to the public. Some would even view the Internet as a virtual community, and say it is a democracy. People argue that with such freedom, the Internet should be censored to protect children form pornography, and others from sites that may concern 'objectionable'; material. There are people who live under the 1st Amendment and they use the Internet as an outlet to express their ideas and to incorporate ideas from others. Censorship of the Internet is wrong because it obstructs other pe ople from accessing what they want to see and it inhabits people's free speech. Censorship on the Internet has been a growing concern for the past three years. The wide range of information available has made it a tempting target for those who want to control what a person can see and read. The Random House Webster's School and Office Dictionary defines censorship as, 'An official who examines books, films etc., to suppress anything objectionable';. (CD ROM) The next question is who is going to decide for the millions of users on the Internet what is objectionable for them to see and read. The Internet has developed into a vast medium of knowledge with many users contributing to its growth. In this country, many activists for censorship on the Internet mainly have one thing on their minds. They want to protect children from pornography. Although I view this as big concern, there is a grater issue at hand. Since censorship involves all forms of expression, censoring the Internet woul d hurt many people. The Internet is an international community; we must view it as pertaining to other countries, not just the United States. Not all countries have the privilege of living in a democracy and under the Bill of Rights. As a result, the Internet has brought a new sense of freedom to most people who oppressed by tyrannical governments, or those that disagree with a government but are not allowed to express it.

Aid to the Unprivileged People

The Helping Hand The helping hand would be my organization to open up for the people who have low income or needs assistance with their personal business. People with low income or needs assistance sometimes need help paying their light bill, rent, gas bill and etc. I think all people need assistance such as rich or poor people. The rich people do not have the money like they say they do some rich people end up foreclosing their homes because they cannot afford their homes.Today society a lot of different organization gives aid to the people with less income, some think having luxuries are better than going by their basic needs, and some are not equal and do not have the same dignity. The people that have more morally required giving aid to people with less say everyone needs help sometimes. People struggle with kids not Just bills. Some parents cannot afford shoes, clothes, or their kids something to eat. Some organizations such as Salvation Army and churches help needy people or lo w income people with them and their kids.I think the less fortunate people and the fortunate people need help it does not matter if they are rich or not. People need assistance sometimes even if their check is short or they don't have enough to pay all of their bills. Yes, it is wrong to enjoy luxuries when others are lacking. Churches are they main suspects, however; they take the money and give to the preachers and first lady when it should be in a fund for families that need assistance. The preachers take the money and buy new suits or a new car instead of putting the money on the church, raising a fund or charity.Christ centers only helps disabled people when I think it should be everybody. We understand that disabled people need help too but other people are struggling every day to make ends meet. Everybody have equal basic moral status which they have the same fundamental rights. The dignity of every person is their concern with how they feel, think, and behave in relation to the worth or value of themselves and other people. To treat a person with dignity is like treating them like being worth or respected individuals. For example, the Christ Center they only help people who are disabled.I think they should help anybody who needs help or struggling to make ends meet. From the moral aspects we are all equal and no one is privileged. Some people feel like they are turned down because of their ethnicity or their bringing home pay. People may make a lot but still have hard ship. People who are turned down are more likely to stress, do something crazy, or let all their belongings be repossessed. People rob banks and other people Just because they think that will help them get back on their feet. Robbing banks and people does not help them get back on their feet because t causes problems such as Jail or end up hurting people.

Penny Byrne Essay

Penny Byrne is an Australian born artist. She was born in Mildura, Victoria, Australia. She lives in Melbourne and owns her own studio. She is interested in ceramics and works as a ceramics conservator. She did a bachelor of fine arts ceramics in Melbourne in 1987 and graduated from west Dean College in the UK after doing ceramics and glass conservation and restoration. She also did a bachelor of laws at La Trobe uni in Melbourne and uses her knowledge of political and social issues in her art. Penny Byrne uses her knowledge of ceramics and knowledge of world issues combined with simplicity and in your face messages in her artwork ‘how much can a polar bear #2’ (2008, sculpture, ceramic, 9. 5x7x11cm). Her artwork makes a public comment on the melting polar ice caps due to global warming and the effect that this is having on the polar bears. Byrne uses her knowledge of ceramics in this sculpture as she appropriates this ready-made ceramic polar bear figure. She has taken a polar bear figure and put scuba diving gear on it to make it innocent and helpless. She uses relevant choices of material as she isn’t creating more waste, putting across this environmentally friendly message. The message she is putting across is made obvious through her use of scuba diving gear and the title of the work. She wants people to think about the polar bears and the environment she cares so much about and she achieves this through simplicity and easy understanding. The overall meaning of this artwork is that the polar bears are struggling, to find food sources, to adapt to new climate and that we aren’t helping, in fact we are making it worse. This is obviously a topic that Byrne feels strongly about. I find that she works well to channel her personal interests into the work and her uses of materials are appropriate to her knowledge, and the message she is putting across. Overall with the simplicity of the message and the use of appropriate materials are effective and work well with the knowledge and personal interest shown in her work. She uses this in many of her of her other works such as ‘the four horse men of the 21st century apocalypse’.

Language in Anthony and Brutus’ Speeches Essay

Compare and contrast Henry’s use of rhetoric to affect others in his Harfleur speeches with the effectiveness of the language in Anthony and Brutus’ speeches In Henry V, Henry uses rhetoric very effectively as he persuades the Governor at Harfleur to surrender and encourages his troops onward with his ‘Once more unto the breach’ speech. This is very similar to Anthony and Brutus of Julius Caesar as they use rhetoric to influence the ‘mob’; firstly Brutus wins the crowd over and they believe the death of Caesar is a good thing and then Anthony turns them around and they end up hating Cassius and Brutus. Henry uses rhetoric to create a number of different effects one of them being to persuade the Governor to surrender. Rhoda Koenig suggests that this scene ‘points up the character of this immature and disaffected king’, which I disagree with as I believe that this speech shows just how the King has matured as he is able to bluff his way through as his army is, really, worn and battered. This speech shows how Henry’s words are more powerful than his army, which is similar to Anthony in Julius Caesar who turns the mob into a state of madness just through the use of his oratorical skills. For example, Henry starts his speech with short, sharp sentences: â€Å"How yet resolves the governor of the/ town?† This creates an assertive beginning and one that makes Henry seem powerful and stern. This coupled with the use of a rhetorical question puts the Governor in a situation where the mercy of Henry is in his hands, as if the outcome of his men depends on his decision. This also removes the responsibility from Henry’s shoulders which is a recurring theme throughout the play. Henry also describes what the outcome could look like if the Governor doesn’t surrender: â€Å"The gates of mercy shall be all shut up.† The use of a metaphor here, ‘the gates of mercy’, refers to Henry as if once he starts the battle there’s no goi ng back. This is used to scare the Governor so that he believes Harfleur will be desecrated once the battle has begun. This, of course, is a faà §ade as Henry knows full-well that his army is worn thin and lacking in strength. This demonstrates Henry’s good leadership, as he bluffs his way through with confidence. Also, this quote contains lots of monosyllables which make it very powerful and reinforces the threat which forces the Governor to surrender. Bernard Richards raised an interesting point where he said that Shakespeare ‘wanted to show the full range of war – the glamour as well as the squalid and obscene violence.’ This interested me as throughout this speech there is talk of atrocities of war such as ‘shrieking daughters’ while elsewhere in the play we see the French think of war as glorious. This is very similar to Brutus in Julius Caesar who has to use rhetoric to convince the crowd to surrender, as they are initially angry at the conspirat ors for killing their leader. For example, he uses rhetorical questions to force the crowd to realise that the murder of Caesar will benefit them: â€Å"Who here is so base [†¦] Who here is so rude [†¦] Who is so vile [†¦] for him have I offended.† The crowd are forced to ask themselves if they would want to be slaves, for example, which they of course answer ‘no’. The use of a three-part list also emphasizes this and would allow the crowd to remember this more accurately: â€Å"Let him be Caesar!† This quote shows that Brutus’s rhetoric successfully convinces the crowd, although they appear to have missed the point as they want Brutus to be ‘the new Caesar’ and the sole leader of Rome which is what the conspirators were fighting against. It is also interesting to note that Shakespeare’s main characters usually speak in blank verse, but here Brutus speaks in prose. This is because prose is the perfect way to persuade so has a stronger affect on the crowd. It could also be argued that because he speaks to the low-life characters, they will understand prose better than blank verse. Within his speech Brutus also uses repetition which reinforces his message: â€Å"Hear me for cause [†¦] hear.† The use of framing repetition here grabs the crowd’s attention and makes them listen. He also repeats ‘honour’ throughout his speech: â€Å"Believe me for mine honour, and have respect for mine honour.† This repetition is used to emphasize to the crowd that the conspirator’s cause was honourable and that they have done the right thing while it also serves to remind the crowd how Brutus is an honourable man, which is a similarity with Henry who also takes great care in ensuring the cause for going to war is moral. The repetition would ‘grind’ it into the crowds’ heads so that it’s almost like subliminal messaging. The repetition also shows how Brutus is still unsure himself and that he is trying to convince himself that they have done the right thing. Henry also uses rhetoric to empower his army and urge them on at Harfluer in what Hal Hinson of the Washington Post calls ‘the greatest half-time speech in human historyà ¢â‚¬â„¢. Here, Henry is forced to persuade his army that they should not retreat but attack once again: â€Å"Once more unto the breach, dear friends, once more.† Similarly to Brutus, Henry uses framing repetition to encourage his army to attack Harfleur once more. The repetition helps to reinforce the message and will stick in their minds through the battle. Also in this quote, he uses an endearing pronoun ‘friend’. This affects the army as they will feel that they are all friends of the King and will have a surge of confidence. This will help the army to conquer whatever they face, even though they have had to retreat. Interestingly, this contrast to what the Chorus says in the preceding scene as he states that the great British are invading France when really they are being forced to retreat. Henry also uses alliteration: â€Å"But when the blast of war blows in our ears.† The use of plosive alliteration here creates a powerful sound which suggests that the English army are powerful enough to defeat the French. This also shows Henry’s passion as if it’s bursting out of him as he desperately wants his men to survive as he feels guilty that the war may not have an honourable cause. Also is this speech, sibilance is used: â€Å"Stiffen the sinews.† This also creates quite an aggressive sound which would be passed onto the soldiers and make them feel aggressive and willing to fight. Henry also uses figurative language: â€Å"Let it pry [†¦] like the brass cannon.† This simile likens the mind prying to a cannon – an item associated with war – which would rile up the soldiers and also remind them that they are at war, its kill or be killed. Another simile used refers to Alexander the Great: â€Å"On, on, you noblest English [†¦] like so many Alexanders.† Here, Henry likens his army to a group of Alexander the Greats. Alexander the Great is a figure of Greek legend which states that he conquered the Persian Empire. It also says that he was often reckless with his own life and his soldiers as he believed he was indestructible. This would encourage his men and fill them with confidence as Alexander was a great warrior and Henry’s army will feel equally invincible. Shakespeare’s Elizabethan audience were very interested in Greek culture so the simile would have been more relevant and had more effect than it would on our society who have a lesser interest. Also, in this quote he addresses the ‘noblest English ’while further on he addresses the â€Å"good yeomen.† Henry directly addresses each social class as his army was compiled of a number of different classes, even nationalities. King Henry V was known for uniting people under him as he prevented a civil war between the Church and the Government and th is unity is shown in the scene between Gower, Fluellen, Jamy and MacMorris. This scene also, as James Shapiro suggests, ‘prophetically anticipates the notion of a united kingdom’. Although these nations were far from united in 1599, when the play was written as England and Ireland were at war, and some were very hostile during Henry’s reign. For example, James Shapiro criticizes that Henry says the Scots may attack yet here they are united. This would make each soldier feel important, needed and a friend of the king’s, which would, ultimately, provide the soldiers with confidence to fight, and beat, the French. Likewise, Mark Anthony in Julius Caesar also addresses his crowd individually while manipulating them until they run riot around Rome: â€Å"Friends, Romans, countrymen.† Anthony immediately begins with a three-part list which grabs his audience’s attentions and the first word used is ‘friends’. This instantly makes the crowd warm to him as he is speaking to them as equals. This is similar to Henry who calls his army the ‘noble English’ and ‘good yeomen’, while it contrasts with Brutus who says, â€Å"Romans, countrymen, and lovers†, as if ‘lovers’ is an afterthought. This may hint at why Henry and Anthony were successful at convincing their audience while Brutus failed, because Henry and Anthony allowed the audience to warm to them while Brutus did not. Another way Anthony wins his crowd over is by using repetition: â€Å"And Brutus is an honourable man.† This is repeated at regular intervals throughout his speech and each time it becomes more sarcastic. The sarcastic tone induces the crowd to question whether killing Caesar was an honourable thing. Here, in the same way as Brutus, he uses subliminal messaging; however he uses it against Brutus and to much better effect as the crowd end up rampaging across Rome. In conclusion, Henry and Anthony use rhetoric and their oratorical skills very well – combining repetition, friendly language, and other techniques – to persuade their respective crowds to see their way of thinking. Brutus, however, fails to convince his crowd (or is unable to deliver a speech worthy of Anthony’s) which goes to show how good Anthony’s speech is. Henry manages to convince the Governor to surrender, and convince his battered army to continue, while Anthony manages to convince an audience who love Brutus, to hunt him down. Brutus, on the other hand, cannot prevent the people of Rome from turning against him as he didn’t endear himself to the crowd.

How to Invest Like Warren Buffett Essay

Introduction Simplicity is the best word to describe the life of philanthropist and mega-billionaire Warren Buffett. The same single word also depicts his multi-billion worth of investment principles and strategies (Cunningham, 2008, p. 18). For more than fifty years Buffett was able to build a multi-billion investment empire with his simple investment philosophy. Like his more than 60 billion dollar fortune under his name, Buffett, who is by far the greatest philanthropist of all time for donating almost all of his wealth to the Bill & Melinda Gates Foundation, is also one of the most observed and most admired personalities in business with countless of articles, books and blogs written about him. If most common people look at him as the most generous man in the world today, people in the corporate world regard him as the greatest guru— or even ‘God’— in the realm of investment. With his great fortune, he is considered ‘God’ in investment because of his ability to spot real value when everybody focuses their attention on market movements and because of his unparalleled skills and knowledge to transform simplicity into greatness. If most billionaires like Bill Gates and Lakshmi Mittal built their business empires through managing profitable technology corporations and industrial firms, Buffett made billions by simply knowing how and when to invest his money. How He Started To know more about the investing secrets of Warren Buffett, it is necessary to look at how he managed his most precious property— his life, and how he lives it (Schroeder, 2008, p.1). He learned how and when to earn money at an early age, and he filed his first income tax return when he was only 13 (Sosik, 2006, p.149). Buffett’s value investment career started when he put his money in Berkshire Hathaway, a little known and ignored holding company based in Omaha, Nebraska in the 60’s. Now everybody is startled to know that if you invested $10,000 in the company in 1965, the value of that money today would be more than $30 million (Investopedia Staff, 2007). If his close billionaire friend Bill Gates dropped out of Harvard University to focus on Microsoft Corporation, Buffett, who is known in the business world as ‘Oracle of Omaha,’ was rejected by Harvard Business School. This experience somehow taught him a great deal not only about business but also about life. To most people Harvard is one of the best, if not the best, schools in the world, but Buffett thought otherwise— his basis of choosing school was not the institution, but the people who would impart the requisite knowledge and values. So when asked about his mentors, Buffett only had three people on top of his mind— his father, Benjamin Graham, and Phil Fisher. His father— Howard Buffett— taught him the positive values he needed to live, while Graham and Fisher taught him the basic principles in investment and how to make money in this profession. His investment style is consisted in the following rubric— think outside the box. When he graduated from college, he wanted to make money in Wall Street, but his father and Graham discouraged him (Miles, 2004, p. 30). The two believed that there were great opportunities waiting for him outside Wall Street. That was the time when everybody wanted to work on Wall Street and when everybody focused their attention on the stock market. Buffett believes that stocks are more than just an asset or capital; it is business. His Philosophy It would be futile to know the secrets of his billion dollar secrets without knowing how he thinks and what he believes in. Unfortunately, most of his biographers failed miserably to look into what is in the mind of the world’s greatest investor. In fact, a review of some literatures and articles would reveal that they just focus on the extrinsic side of Warren Buffett; they failed to look at the intrinsic aspect of his life. Many believe that his philosophy is consisted in these two major Buffet rules— first, never lose capital; and second, don’t ever forget the first rule (Miles, 2004, p. 70). It would be best to say that this does not embody Buffett’s philosophy but rather his tactical investment approach. A business philosophy is something that one holds as his primary direction in life— the fountainhead of his concepts and beliefs, the beacon of his goal, and the reason for living. Buffertt’s business philosophy can be expressed by his following simple quote— â€Å"Be feaful when others are greedy and be greedy when others are fearful† (Hagstrom, 1997, p. 52). Essentially this buffett-line expresses the inherent nature of free-market system, which he and his friend Bill Gates have in common. Under a free-market system, it is rational and ethical to be greedy, since the primary goal of a capitalist is not just to earn profit but to expand it and ensure that it creates limitless profits and opportunities. For some this statement may sound ironic or paradoxical since it contradicts the popular or media-fed persona of Warren Buffett. With this belief— that greed is good, Buffett was able to transform his meager investment into a multi-billion dollar empire that even exceeded that of Gates and Mittal. His investment experience proves that by creatively and greedily investing one’s money— one can make a good or even great fortune out of creative value investment. So what does it take to be like Warren Buffett? Definitely it takes a rational and moral philosophy, proper knowledge, and non-conventional investment point of view to follow the billion dollar investment footsteps of Buffett. But what is the role of philosophy in Warren Buffett’s billion dollar investment strategy? The problem with most people is that they tend to mainly focus on tips, secrets, or strategies. Most successful people did not achieve their status by keeping ‘success secrets’ or ‘strategies’ but by putting into action a rational philosophy that motivates and creates values. A simple look at the life and investment career of Buffett would reveal that it is his rational philosophy that continues to motivate him— that keeps on pushing him to do what he does best. As what Fridson said, budding investors must focus on â€Å"uncompromisingly rational investment philosophy† of Warren Buffett. This is because investment secrets or strategies can be absorbed or learned in a very short span of time or even overnight, but it takes an indefinite period of time to absorb and embody a rational philosophy to translate these secrets or strategies to reality. Of course, this billionaire will not exactly say what people would like to know. Contrary to the many written articles about his investment secrets or strategies, Buffett’s secret is in fact consisted only of three simple words that should be practiced everyday— â€Å"read, research, and think† (Miles, 2004, p. 70). Vague and ambiguous as it may seem but this three-pronged strategy is what Buffet practiced and embodied throughout his more than fifty years in the world of investment. That is why it is stressed in this paper that simplicity best describes the life and investment principles of Buffett. For example, this read-research-think approach of Buffett is the essential element of his cigar-butt investment method. Buffett in fact creatively applied this three-pronged approach in his early years as a value investor. Unlike most investors, Buffett put much premium on his rational judgment than on what most people see in the market. His investment style can be likened to that of a diamond prospector. He knows how to assess which diamond is real or not in just a single glance. He reads, he researches, and he thinks. His Investment Strategy Buffett’s investment strategy is governed by two rules and a number of principles. These dual rules have been mentioned above. This sets the difference between his investment philosophy and his investment strategy. Thus in this paper, Buffett’s investment strategy is composed of rules and principles. Under his primary rule, it is not sensible or moral for an investor to invest and then later on lose his money. Thus this can be avoided by paying attention to his three-pronged investment approach— read, research, and think. By following the aforementioned approach, a young investor may be able to discover several things that are essential in investment’s decision-making process. Buffett considered Graham as his investing mentor. According to Miles (2004, p. 72), it was the Graham school from which Buffett learned not just the basics but also the quantitative principles in investment. On the other hand, he learned a great deal about Fisher’s qualitative side of investment, such as brand, management skills, soft skills, and competition. Thus he said: â€Å"I am an active reader of everything Phil Fisher has to say† (Miles, 2004, p. 72). Now every promising and even established investor is eager to hear what he has to say. Despite his unparalleled success as an investor, he still gives credit to his two mentors, as he likes to say that he is 85 percent Graham and 15 percent Fisher (Hagstrom, 1997, p. 27). The reason why it is important to read, research and think is because in investment, it is highly indispensable to consider the following aspects: a) study the business; b) know well who runs it; c) put money in profits; and the most important of all d) have self-esteem. On the other hand, Buffett’s basic steps when investing are the following (Miles, 2004, p. 70): Determine how much you own Conduct research before buying Focus on business ownership not on stock ownership Simplify investments to manageable proportions Keep a single decision to hold a stock and be a continuing holder For example, before investing his money, Buffett researched first the nature and potentials of Gillette, which is still the world’s top producer of razor blade. Warren’s holding company Berkshire Hathaway invested $600 million in Gillette in 1989; four years ago it already owned 11 percent of said company. This means that from the original $600 million investment, Warren’s holding company’s investment grew up to over $3 billion. When he decided to purchase Gillette, he did not mind its value in the market but the potential profits it could muster in the long run. As a value investor, Buffett put money in securities with low prices according to their intrinsic value. In determining the value of a stock, there is no commonly acknowledged method to get the right figure. Basically, the focus of value investors is not on what the market says but on what the company’s potentials and fundamentals offer. This is because there are some companies that are undervalued by the market yet with good potentials to grow and rake in long-term profits. This is the attitude that Buffett showed to modern investors. Markets only reflect the short-term value of a company, and it takes proper knowledge, better understanding, and courage to discover which company is undervalued and has the capacity to establish a long-term profit-making success. His investment methodology Buffett’s methodology is composed of quantitative aspects in value investment. Under this process, he considers the relation between a stock’s quality and its value. Based on his method, the return on equity is equivalent to net income over shareholder’s equity (Investopedia Staff, 2007). One thing that Buffett considers is debt/equity. Before investing, he conducts research whether a company kept away from excess obligation. This is actually a basic principle in investment— do not invest in a company with huge debt. To Buffett, a debt-ridden company has a low capacity to guarantee return on equity. Debt/equity can be measured by dividing the total amount of obligations by shareholders’ equity (Investopedia Staff, 2007). If a company has more debt than equity, it is not advisable to put money in such company since it uses debt to finance its assets and operations. For instance, a company that has a higher ratio of debt vis-à  -vis equity has an unpredictable earning capacity and is prone to high interest expenses (Vick, 2000, p. 169). When one is investing in a particular company, it is advisable to look at the long-term obligation rather than the total amount of debt. Another aspect that is considered by Buffett is the profit margin. However it is not only important to know if a company’s profit margin is high, what is more important is to know whether it is growing. The capacity of a company to earn long-term profits relies not merely on having a positive profit margin but on constantly expanding this profit scope as well. The attitude of Buffett towards investment can be explained by how he managed Berkshire Hathaway. He purchases stocks to keep the same and he does not look at stocks as a commodity that can be bought and sold but as a business entity. His investment style is simple— he buys stocks and treats them as his own business, and this business makes profits not just for a short span of time but for as long as it stays profitable. He also considers the age of the company— the longer the better. Those that stay in the business for at least ten years are good investment opportunities. Since Buffett admits that he only has a limited knowledge in technology corporations he only puts money in a business which he absolutely understands. He puts much premium on longevity, and this principle brought him where he is right now. When he invested in Berkshire Hathaway, he envisioned of a long-term business that could earn a limitless amount of profit. This is what he learned from Graham, which most researchers consider as the proponent of old school in investment. Perhaps the new school in investment is the buy-and-sell style of most investors wherein profits are short-term and limited. Interestingly, Buffett also looks at the nature of business of a particular company. If most investors usually look at numerical figures, Buffett focuses on the qualitative sides of a company. For example, if a company depends on a commodity like gas and oil, he thinks that such company only offers limited returns on equity (Investopedia Staff, 2007). If the product of a company is identical from those of its market rivals, he thinks that competition would hamper the profit-making ability of such company. To understand the importance of this approach in investment, it is necessary to look at the biggest stock holdings of Berkshire Hathaway. The holding company owns 9.5 percent of Gillette, which is the leader in razor blade industry (Jubak, 2004). It also owns 9.2 percent or $10.1 billion of Coca-Cola, which is one of the biggest companies in the beverage industry. The other companies which Berkshire has shareholdings are the following: American Express, American Standard, Ameriprise Financial, Anheuser Busch, Burlington Northern, Comcast, Comdisco, Conoco Phillips, Diageo, First Data Corp., Gannett Inc., GAP, H&R Block, Home Depot Inc., Ingersoll-Rd Co., Iron Mountain, Johnson & Johnson, among many others (Losch Management Co., 2006). Conclusion Billionaire Warren Buffett is indeed an unconventional value investor who thinks outside the box. At a time when most people paid attention to what the stock market says, Buffett relied only on his competent judgment, on his rational philosophy, and on his self-styled investment principles and strategies. That investment philosophy— be greedy when others are fearful put him to where he is right now, with billions of dollars in his. Despite his unmatched success, he remains humble and still retains the ethical values he learned from his father (Boroson, 2002, p. 18). In business, greed is moral and good. In contrast, fear is something that must be overcome to earn limitless profits from investment. Indeed, Buffett attained his unparalleled success by being ‘greedy’ while others cowered in fear of losing their money.   Taken as a whole, his investment tactic can be summarized into three essential principles— a) make your strategy simple and understandable; b) be consistent with your operations and approaches; c) focus on positive long-standing prospects. One interesting point to take into account is that Buffett’s philosophy and investment strategies never contradict each other. When he advises new investors to be ‘greedy,’ he means profits and business. And when he tells people who would like to follow his footsteps to read, research, and think, he would like them to rely on their own judgment and not be affected by other people’s opinion and market trends. With his more than fifty years in business, Buffett introduced the importance of self-esteem in investment. That it is important to rely on one’s moral judgment. By relying on his own judgment, Buffett maximized his profit-making capacity through Berkshire Hathaway. This means that there is no difference between the work ethics and potentials of a value investor and an industrialist. If Bill Gates and Lakshmi Mittal both create technology through their colossal industrial empires, Buffett creates limitless potentials through his creative and self-inspired investment principles. REFERENCES Boroson, W. (2002). J.K. Lasser’s Pick Stock Like Warren Buffett. New York: Wiley Cunningham, L.A. (2002). How to Think Lke Benjamin Graham and Invest Like Warren Buffett. New York: McGrawhill Professional. Losch Management Co. (2006). Berkshire Hathaway Stock Holdings 2006. Retrieved December 11, 2008, from http://www.loschmanagement.com/Berkshire%20Hathaway/Berkshire%20Holdings/2006.pdf Hagstrom, R.G. (1997). The Warren Buffett Way: The Investment Strategies of the World’s Greatest Investor. New York: Wiley. Investopedia Staff (2007, September 21). Warren Buffett: How He Does It. International Business Times. Retrieved December 11, 2008, from http://www.ibtimes.com/articles/20070921/how-he-does-it.htm Miles, R.P. (2004). Warren Buffett Wealth. Principles and Tactical Methods Used by the World’s Greatest Investor. London: Wiley Sosik, J.J. (2006). Leading With Character.   North Carolina: Information Age Publishing. Vick, T.P. (2000). How to Pick Stock Like Warren Buffett. New York: McGrawhill Professional.

Business Analysis of Easy Jet Research Paper Example | Topics and Well Written Essays - 2500 words

Business Analysis of Easy Jet - Research Paper Example Having suppliers dotted all over areas, our report finally uses the Balance Scorecard to make some recommendations for the company to successfully adjust Porters value chain to suit its needs. Though Easy jet has successfully and effectively integrated customers and suppliers into the value chain, certain issues remain a nightmare for the company to crack. The lack of a unique service with total differentiation from the competitors, the rising tension on world politics, the war against peace (terror), global warming and its negative contribution are some particular examples. However, with our client's concept of marketing high-quality services at low cost through a focused generic strategy, intended for its flight route, the company is gradually gaining an edge over its competitors. Easy Jet airline Ltd popularly known as Easy Jet is based in London, Luton airport (Company Report 2005). It is known as the largest airline in the United Kingdom operating both domestic and international scheduled services. Though it specializes in point to point services it sometimes goes on full-service charter flights for other companies. This report is based on a business analysis report presented to the management of Easy Jet Company. ... Though it specializes in point to point services it sometimes goes on full-service charter flights for other companies. This report is based on a business analysis report presented to the management of Easy Jet Company. Part one of the report carries out an external analysis of the company while stating the vision and mission statement. Part two looks at the internal resources to identify the core competencies and strategic resources while part three provides pertinent recommendations and conclusions. 1.1.1 The Mission, Vision, and Objectives of Easy Jet The company's mission vision and objective statement centers on offering customers higher value to their money, through security, safe and good point to point services. According to the compa ny (2008) report, its mission and vision statement is to "provide our customers with safe, good value point to point air services. To effect and to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. To achieve this, we will develop our people and establish a lasting relationship with our suppliers". Mission and vision statements are two strategic management concepts (SMCs) (Soyer & Asan 2007). These are important concepts that define organizations' values, competencies and are quite useful in the strategic planning and management of the organization (Soyer & Asan 2007). Soyer & Asan (2007:1) echo that, "SMCs together provide a common language and help stakeholders and other interested parties understand the business and its position in a competitive environment.