1. What is the "Hedge Fund"
1.1 What is Hedge Fund?
1.1.1 Definition of the "Hedge Fund"
1) What is a hedge fund?
"Hedge fund" is a general, non-legal term that was originally used to describe a type of private and unregistered investment pool that employed sophisticated hedging and arbitrage techniques to trade in the corporate equity markets. Hedge funds have traditionally been limited t
ratios such as P/E, ROE, etc. indicate that Apple made remarkable sales operation, compared the industry. For example, ROE measures how much a firm makes profit in a year. Apple’s ROE is around 8% point higher than that of the personal computers industry. Since stocks in this industry as well as Apple’s are sensitive to the economy, they seem to reflect that the economy will improve soon.
ration Opel Corsa was first introduced in Mexico in 1994 imported from Spain as a response to the successful Volkswagen Sedán, under the name "Chevrolet Chevy". General Motors used a practical, supermini with an affordable price tag for the Mexican consumer that gave excellent results. From 1996, when the Chevy Popular, or Chevy Pop Budget trim was introduced, and the Chevy began to be pro
ⅱ) Insolvency of enterprise and bank
- Insolvency of enterprise
In 1997, average debt ratio of Korea enterprises was 333%. It was relatively higher than that of USA(159%) and Japan(206%)
It caused insolvency of the enterprises, which lead to major companies went bankrupt.
- Insolvency of bank
at that time, Many Chiefs of financial organizations was sent from above(낙하산 인사).
1. What is public enterprise?
* Definition
Public enterprise means corporate economic entity that all assets owned by the Public and registered according to law.
Public enterprise has both characteristics of profit-making corporate and public corporate as a form of Production and operation organization. The pursuit of profit reflects the preservation and appreciation of public assets. The publ
effective alternative to protect food against insect damage and as a quarantine treatment of fresh produce.
The FAO has estimated that worldwide about 25% of all food production is lost to insects, bacteria and rodents after harvesting. The use of irradiation alone as a preservation technique will not solve all the problems of post-harvest food losses, but it can play an important role in cuttin
KB NEWGWANGGAETO Fund
Investment Objectives
1. Invest in domestic stocks benefited from emerging market such as China
2.Focus on emerging growth effectiveness in constructing a portfolio
So, it’s possible to make an excess returns compared with market.
China-effect assets selection
High level of profit contribution and great deal of sales percent in emerging countries especially Ch
2.4. Bonjean Curve
많은 학생들이 Bonjean Curve 에 대해 답을 하지 못하였다고 하셨다. 우리 조원들도 이 문제에 대해 거의 답을 하지 못하였다고 했다. Bonjean Curve는 부력의 개념이다.
그림 Bonjean Curve
임의의 수선에서 횡단면의 면적은 Simpson's 1st Rule 같은 방법으로 구할 수 있고 이를 수선변화에 따른 곡
rations have been replaced by a precision machine. For example, in the automotive industry, the entire automobile production workers' wage share of the cost of only about 6% and this rate is still lower. Thus, the share of wages in all industries, and this situation is gradually shrinking electronics, steel, chemical industry and elsewhere have appeared prominently. Reduce labor costs while incre
51. Celler-Kefauver Antimerger Act : This act, passed in 1950, made it illegal in certain circumstances for a firm to merge with another by purchasing its assets. This strengthened the Clayton Act.
셀러-케파버 반합병법 : 1950년에 통과된 법령으로 특정한 상황에서 한 기업이 다른 기업의 자산을 구매하여 합병 하는 것을 불법으로 만들었다. 이것은