Essays on Michaud

The Relationship between Risks and Rate of Returns

The risk and rate of return, as discussed in business, are directly proportional. It means that as the risk increases, the rate of return increases while as the risk declines, the rate of return decreases as well (Christoffersen, 2012). Therefore, an individual willing to invest must take a decision based on both the risk and rate of return analysis to achieve a high return at a lower risk. Investors are likely to prefer investment decisions that yield high rates of return at minimal risks. The term risk defines the capability of acquiring loss below a person’s investigations. On ...

1835 words

KUOHAO-CHUNG (Azure)


What is one of the major goals of art? Art reflects the society and a battle between the external world and the human inward. For instance, fashion is much more than just clothes; it is a reflection of a person through the prism of his mental world, knowledge, and emotion, and, what is more important, a way of communication. And photography, in turn, is also much more than just beautiful, or strange pictures. Given the subjective nature of its creation, what do photographs offer the viewer? Photography challenges the audience to search for truth, “in a fragmented, ...

Introduction

The very title of this article may seem to some readers fantastic. Is there any evidence that alien beings exist? Can we prove that there is no clear scientific argument in favor of their life and activity? Such questions immediately arise among readers, of course, they are quite natural. And yet, I will try to show that the statement of the problem in our time of exclusively rapid scientific and technical progress is quite logic. Moreover, most recently the first steps towards the solution of this great problem facing mankind were taken. Basically, from the scientific point of view ...