Culture History Essay Example | Topics and Well Written Essays - 1000 words

Culture History - Essay Example Because it is only through the material remains discovered that some peoples and cultures are now known to have existed, we can only understand these societies by comparing what has been left behind with other cultures that we have more knowledge about. We can interpret the findings in many different ways, all of which may contain some truth relating to the original society, but perhaps none of which offers any accuracy. Yet culture history can provide some accuracy as it is constrained by the artifacts found and the necessities common to all human life. In considering the idea of culture history, it must be acknowledged that nothing is certain regarding our interpretations, but it is also a very real part of our present existence. While we do not have the first-hand accounts of the 15th-century diarist, we do have the ability to compare to human needs as they are expressed today. â€Å"The only way in which we can understand their meaning [the artifacts] – if you will, the way in which we can state the archaeological record in words – is by knowing something about how these material things came into being, about how they have been modified, and about how they acquired the characteristics we see today. That understanding is dependent upon a large body of knowledge which links human activities to the consequences of those activities that may be apparent in material things† (Binford, 19). In the end, we learn more about ourselves because of archaeological study into cultural history.

Hedge Found Managers Essay Example | Topics and Well Written Essays - 2000 words

Hedge Found Managers - Essay Example This helps in preparation of a balanced portfolio mix. The management of assets portfolio, which is unregistered and private, can be done through the establishment of an investment structure called hedge fund. These funds are asset classes that use different strategies like hedging and leverage involving placing bets on commodities, interest rate and currencies, based on the prevailing macroeconomic conditions. These funds do not follow the market directions. However, there main aim is to generate the profit by aiming at mobilizing steps to attain positive return on the invested fund. Hence, these funds operate with the view of generating absolute returns, instead of relative returns, regardless of the rise or fall in the stock market indices or directions taken by the financial markets, during a particular period. Accordingly, hedge fund managers need working diligently in this direction. They expect and get the monetary compensation for meeting theset targets. This compensation comprises of the high fee structure that involves profit participation by the hedge fund manger. Considering this, a hedge fund manager entertains only the wealthy investors, which may include cash-rich corporations and individuals along with pension funds, who wish to hedge their investments against any negative correlation with the financial markets. For this purpose hedge fund managers label such customers as ‘accredited investors’. The basic strategy adopted by hedge fund managers is to look for high rewards, which also carry the chances of high risks. While doing so, any oversight on the part of hedge fund managers can result in financial catastrophes of large scale. The example of two collapsing â€Å"Bear Sterns† hedge funds during the year 2007 is significant in this direction. These funds are not allowed for individual investors, as they are