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In his 1987 letter to shareholders, Buffett stated the following about debt: "Alas, what is "tight" and "cheap" money is far from clear at any particular time. We have no ability to forecast interest rates and - maintaining our usual open-minded spirit - believe that no one else can. Therefore, we simply borrow when conditions seem non-oppressive and hope that we will later find intelligent expansion or acquisition opportunities, which - as we have said - are most likely to pop up when conditions in the debt market are clearly oppressive. Our basic principle is that if you want to shoot rare, fast-moving elephants, you should always carry a loaded gun." No finance theory gives this advice. Does it make sense to you?
Analyze the concepts of professional and applied ethics and determine whether GE Healthcare breeched these concepts in the development of its low cost alternatives for diagnostic medical equipment. Provide one (1) specific example to support your ..
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If used correctly, e-commerce can offer an organization powerful, sustained competitive advantage. In this assignment, you will consider the different models of e-commerce and what types of technologies and steps they use.
Discuss how globalization has changed jobs in an organization where you have worked. What are some HR responses to those changes?
According to the study by Chris Carroll et al cited in article #17a by Nick Bunker ("Wealth Inequality and the Marginal Propensity to Consume") middle-income families have a larger mpc than do wealth families. In which case below would the multipl..
What is the approximate five-year forecast of the peso's spot rate if the five-year forward rate is used as forecast?
ABC Insurance Company checks police records on 200 randomly selected auto accidents and notes that teenagers were at the wheel in 32 of them.
With the following demand curve, P = 63 - 5Q and a cost structure given by the following cost function, C = 10 + 3Q, determine: The revenue-maximizing level of output.
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