Mutual funds collect funds from small investors or unit-holders. The funds so collected are invested in buying shares of companies. Thus, MFs; provide funds to companies for business purposes. (b) They act as indicators between investors and companies. By buying shares in mutual funds, the individual investor becomes part of our institution and so can stand on even terms. (c) Mutual funds are organized, operated and managed by companies that do the practical administrative things that…
The idea of mutual fund began to take shape in India in 1963 with the set up and enactment of Unit Trust of India (UTI) when the UTI Act, 1963 was framed to operate both as a financial institute and an investment trust. In 1964, the board of trustees formulated an openended scheme and launched it with scale of units begin open in the month of July, 1964 at the nominal value of Rs. 10 each. Thus, the UTI came out with its first open-ended scheme in 1964. During the initial phase of the…
The Dodd-Frank Act was a piece of legislature passed by the Obama administration in 2010. This act is formally known as the Dodd-Frank Act Wall Street Reform and Consumer Protection Act. This piece of legislature was a response to the financial crisis of 2008. The Dodd-Frank Act at the time of passing consisted of 2,307 pages, 16 titles and 540 sections of law. This piece of legislation was named after Senator Christopher J. Dodd and Representative Barney Frank who had endorsed this act. This…
overtook the first step, ethical awareness, I’ll evaluate the ethical judgment phase. First, being that Shkreli has already valued profits over the public welfare, he must somehow justify the judgment in his decision-making. To do this, the former hedge fund manager utilizes moral disengagement to convince himself and, more importantly, the main stream media that his decision is indeed an ethical one. First, he exploits moral justification to claim that his action is somewhat beneficial. By…
This essay discusses the observably substantial range of success that was enacted by Todd Lubar. Among many other titles, Todd Lubar holds the appellation of president for TDL GLOBAL VENTURES LLC. With over two decades of real estate experience Lubar is one of the most sought out financial/real estate advisors in the Baltimore area. Not only is Todd Lubar the head of TDL, Additionally he is involved in several other corporations. He is very active within the demolition section of real estate as…
Contrast between Fantastic Four of 2005 and the Fantastic Four of 2015 “In American films, the first science fiction craze came in the 50 's, fueled by cold war paranoia, and produced a wave of movies about space exploration, alien invaders and giant, radiation-infected insects.”(Moss) Science fictions is a type of American genre that discuss human relationship with science and technology. It is created to introduce science and technology to the audience as a form of entertainment. Fantastic…
The attraction of professional wrestling. Professional wrestling is half theater, half stee chair shots to the head. Professional wrestling may never be commonly understood. Each adult admirer of professional wrestling has encountered those people who turn their heads and ask, “You do know it’s fake, right?” “I don’t care. I love the pageantry, the athleticism, even the incredibly cheesy acting. I look at wrestling as theater at it 's most base, and guess what? So do most of the fans. We know…
The Pursuit of Happiness, directed by Gabriele Muccino, tells a story about an African American man living in San Francisco. His name is Chris Gardner, who devoted all of his life savings into an investment to sell a device known as a portable "bone density scanner." He is a hard-working, caring and loving father who struggles financially to provide for his wife and son. With his wife working back to back shift to make ends meet with their rent bills. She is unable to live a life of stress with…
American adult animated sitcom created by Seth Macfarlane and is based off stereotypes and negative depictions of almost every aspect of life. It is centered on the griffin family that consists of the parents, Peter and Lois; their children Meg, Chris, and Stewie; and their talking dog, Brain. The Griffin’s are a model family but each member is complex, different, and yet noticeable individual. The whole show resides in Quahog, Rhode island. Each episode reveals a different concept, throughout…
I love TED Talks. In the quiet morning before school, I found myself pursuing the Internet looking for a catchy title and a topic of which I wish to learn more. I am often provided with a creative idea, new perspective, or meaningful message for me to reflect upon and apply to my life in some small way. TED Talks are created by passion, intelligent individuals who have amazing messages to share with the world. While some topics have more of a direct correlation to my life than others, these…