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strojnjashka [21]
4 years ago
10

The business writer Michael Lewis has quoted Michael​ Burry, a fund​ manager, as​ saying: "I also immediately internalized the i

dea that no school could teach someone how to be a great investor. If that were​ true, it'd be the most popular school in the​ world, with an impossibly high tuition. So it must not be​ true." Do you agree with​ Burry's reasoning?
Business
1 answer:
Andrews [41]4 years ago
3 0

Answer:

Yes, I agree with Burry's reasoning because investing is something one learn overtime to perfect, in their own particular way. Being a good and successful investor, one should have a combination of factors such as the ability to analyse the market health, keep up to date with what is going on in the world, and may other knowledge. Different successful investors have different skills and ability to invest in their field of business that they took time to practice until they become good in their investing journey.

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Schwartz's model suggests that: Select one: A. We are always aware of our values and how they influence us B. Values are formed
Nastasia [14]

Answer:

The correct answer is letter "D": Values may conflict with each other.

Explanation:

American psychologists Shalom H. Schwartz in his "<em>Theory of Basic Human Values</em>" proposes there are ten (10) values driving individuals' behaviors: s<em>timulation, self-direction, universalism, benevolence, power, achievement, hedonism, tradition, conformity, </em>and <em>security</em>.

<em>According to Schwartz, some values like benevolence and power conflict with each other but some others such as conformity and security are compatible.</em>

3 0
3 years ago
A cut in tax rates effects equilibrium real GDP through two​ channels: ________ disposable income and consumer​ spending, and​ _
Paha777 [63]

Answer:

increases; increases

Explanation:

A cut in tax rate has numerous advantages and disadvantage to the economy both in long-run and short-run. A cut in tax rates increases the discretionary cash flow of people, which drives them to expand their utilisation spending. A cut in charge rates increment the size of the multiplier impact

3 0
3 years ago
World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wirea hig
Alona [7]

Answer:

whether they could trust each other to raise the price of a roll of titanium wire and decrease advertising to raise economic profit

Explanation:

A duopoly occurs when only two sellers in a market control the supply and price of a product.

World metalsworld metals and zhing xu metalszhing xu metals are the only major producers of a high dash grade titanium wire.

They are both advertising aggressively, but if they agree to collaborate there will be reduced need for advertising.

Them they can both raise the price of titanium wire in order to make more economic profit.

7 0
3 years ago
g Hagger Sounds has accumulated the following cost and market data on March 31: Cost Data Market Data iPods $24,000 $20,400 Cell
pentagon [3]

Answer:

The value of the ending inventory is $64000

6 0
3 years ago
Read 2 more answers
Suppose Juan has three job offers. He can earn $50,000 in Atlanta, GA; $70,000 in Boston, MA; or $100,000 in San Francisco, CA.
Pavlova-9 [17]

Answer:

  • <u><em>To maximize the purchasing power of his income, Juand should accept the offert of Atlanta, GA.</em></u>

Explanation:

To answer this question you need the <em>comparative costs of living</em> in each of the trhee cities.

In a similar question, you can find the <em>cost of iiving indexes</em> for <em>Atlanta, Boston,</em> and <em>San Francisco</em>. Here is the table:

<em />

<em>                                           Cost of living index</em>

<em>City                                (100 = U.S. City average)</em>

<em>Atlanta, GA                                 98</em>

<em>Boston, MA                               160</em>

<em>San Francisco, CA                   245</em>

Thus, to determine which offer <em>Juan should accept to maximize the purchasing power of his income</em>, divide each income by the cost of living index.

<u>Atlanta, GA:</u>

<u />

  • $50,000/98 = $510.20

<u>Boston, MA</u>

  • $70,000/160 = $437.50

<u>San Francisco, CA</u>

  • $100,000/245 = $408.16

Rank the adjusted earnings in decreasing order:

  • $510.20 > $437.50 > $407.16

Hence, in spite of the nominal earnings in Atlanta are the lowest, the higher cost of living indexes of the other cities, make that the offer from Atlanta the best one.

5 0
4 years ago
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