Friday, February 21, 2020

Rumi Essay Example | Topics and Well Written Essays - 2000 words

Rumi - Essay Example Rumi’s influence is to be counted on religion in general as Rumi’s mysticism can be applied to the notion of God and human soul in most of the religions of the world. The mystic tradition itself does not adhere to any particular institutional and formal features of a religious system. Though mystic traditions differs from each other based on various features of the notion of God and the relationship of human beings with God, these traditions are stitched together with the thread of spirituality of human being. In the same manner, Rumi also defies the materialistic and the traditional institutional approach of Islam and stresses on the fact that the ascendance to God is only possible through spirituality and devotion to God. In this regard Rumi’s Sufism often resembles to Dante and Whitman. In the mystic tradition of Islam Rumi’s concept of love is the most influential aspect that tends to validate Sufism as an essential part of Islamic theology, in Chittick’s view the Sufi concept of love is to be characterized as ‘gnosis’ in other words, â€Å"wisdom made up of knowledge and sanctity† (Chittick 18). Rumi asserts that man is essentially a theomorphic being, â€Å"a being created in the image of God and therefore as possessing the three basic qualities of intelligence, free-will and speech† (Chittick 7). Here the intelligence of a human being reveals the existence of God before him and free-will enables to take the initiatives to be united with God. Finally Speech provides a man with the means to bridge the illusory gap between man and God. In Rumi’s Sufi doctrine, human speech that serves as the means towards the intimacy of God appears in the form of prayer or invocation. A man can transcend himself to a state -where he feels the presence of God as a real being- though spiritual realization. â€Å"Therefore attainment of metaphysical knowledge† as Chittick says in

Wednesday, February 5, 2020

Share Trading Assignment Example | Topics and Well Written Essays - 2500 words

Share Trading - Assignment Example As the report stresses diversification of investment spreads the risk over many assets. The concept of Efficient Market Hypothesis (EMH) states that since the stock prices reflect all relevant information in the market, it is not possible for the investor to beat the market by purchasing selling stocks at inflated prices or purchasing undervalued stocks. Thus, in order to beat the market the investor will have to be well informed regarding the true fundamentals of the stocks and carefully follow historical trends. Technical analysis helps and investor to predict future movement of stock prices by analysing past trends whereas fundamental analysis considers a top-down approach that analyses not only the fundamental financial position of firms but also macro-economic and industry trends. From the essay it is clear that the efficient market hypothesis assumes that in financial markets, the current prices reflect all the information available in the market and thus the true value of the stocks can be reflected from their past security prices. The theory assumes that the market participants behave rationally and try to maximize their returns by processing all information available to them. From above it can be said that the securities are correctly priced provided the information available to public. The best strategy to beat the market is to construct and evaluate the portfolio performance using technical analysis and fundamental analysis. ... The theory assumes that the market participants behave rationally and try to maximize their returns by processing all information available to them (Jegadeesh, and Titman, 1993, pp.65-91). From above it can be said that the securities are correctly priced provided the information available to public. Considering the above theory it can be said that EMH states it is â€Å"not† possible to beat the market since efficiency of stock market causes stock prices to reflect all relevant information. Keeping this argument in mind, the investor will have to allocate investible sum of ?50,000 in two portfolios consisting of equity shares of companies listed in FTSE All Share. The lists of companies for two portfolios are depicted in Appendix - A (See Table B.1 – List of Companies in Portfolio I and Table B.2 – List of Companies in Portfolio II). The best strategy to beat the market is to construct and evaluate the portfolio performance using technical analysis and fundament al analysis. The list of companies mentioned in the two portfolio were selected after considering various macro-economic factors such as currency movements and strengthening of Euro with respect to dollar; general investor sentiments after US Fed chairman announced gradual taper of quantitative easing; misfire of Bank of Japan’s loan support programme; and short term view of investors on junk bonds; expectation of an onset of bull market early 2014 especially in emerging markets where markets are experiencing upward trends (Financial Times, 2013). Portfolio Evaluation Fundamental Analysis Fundamental analysis aims to analyse the various macro-economic factors that might affect the performance of