Friday, November 15, 2019
The Environmental Impact of Renewable Energy Essay -- Energy Resources
The amazing thing about renewable energy resources is that they do not deplete. These energy resources include energies such as hydroelectric energy, solar energy, wind energy, and geothermal energy. The major advantage of using these resources is that the environmental impact is extremely low when compared to the use of fossil fuels and other energy processes. One of the most used renewable energy sources is hydroelectric power. When you look at all the environmental impacts of dams, etc., they seem to be a lot less devastating than those effects due to the use of coal and oil for producing energy. Some of the environmental impacts include major flooding due to the gigantic reservoirs that are formed by dams, which in turn makes certain areas of useful land worthless (Baird). Another impact is that the flow and quality of the water may be affected in ways that the dissolved oxygen content of the water will decrease, but this problem can be minimized with proper flow control (US Dept. of Energy). On the other hand, hydroelectric plants do not release any emissions such as carbon dioxide or sulfur dioxide, both of which increase to global warming and climate change. This is a tremendous advantage over fossil fuel use. Also, there isn't any need to worry about nuclear disasters like there is with the use of nuclear energy. Another renewable energy resource that has a lower amount of environmental impact is solar energy. Solar energy is created and used through the use of photovoltaic cells that collect the suns energy and then convert that energy into a useful form like electricity. As one would think when first asked about solar energy and photovoltaic cells, there aren't many environmental impacts associated with it. The o... ...there isn't any negative impact on the environment due to renewable energy resources, but based on all the evidence, it seems that non-renewable resources such as coal, natural gas, and petroleum, all have a much more negative influence on the world around them. Works Cited AWEA. Wind Energy and the Environment. 2014. http://www.awea.org/faq/tutorial/wwt_environment.html#Bird%20and%20bat%20kills%20and%20other%20effects. Baird, Stuart. Geothermal Energy. 2013. http://www.iclei.org/EFACTS/GEOTHERM.HTM Baird, Stuart. Hydroelectric Power. 2014. http://www.iclei.org/EFACTS/HYDROELE.HTM Baird, Stuart. Photovoltaic Cells. 2013. http://www.iclei.org/EFACTS/PHOTOVOL.HTM Baird, Stuart. Wind Energy. 2012. http://www.iclei.org/EFACTS/WIND.HTM US Dept. of Energy. Environmental Issues and Mitigation. 4/27/2014. http://www.eere.energy.gov/RE/hydro_enviro.html
Tuesday, November 12, 2019
Behavior Problem In Children And Adolescents
This is a story of Ted, an eight year boy, in whose eyes there always was seen a certain kind of anxiety. He loves playing football like any other child in my neighborhood. He has brown hair, wears long T-shirt, hat and always has a muffler around his neck. He looks like any other normal boy but one day when I went to his house, I saw anxious face of this mother and what she told made me felt thinking. She said that one day Ted was sitting in his English class and suddenly he felt that he should run away from his room, or he was going to get mad and hurt somebody.Not only this, he started breathing very fast and began to tremble too. He asked his teacher that he wanted to leave the classroom but his teacher simply refused. He became so adamant that he started to scream, just kicked the desk, slammed the door behind and rushed outside the class room finally finding himself landing in the Principalââ¬â¢s office. He apologized but that was not the end of the story. Sometimes his face also used to turn red. He started behaving in this manner in regular intervals.His mother told me that they had even got him thoroughly examined by the doctor but there was no serious problem with him. He stayed with his mother who got divorced few years back, and there was no one else in the house. His mother goes to office after dropping him to near by school and Ted always returns home disappointed, finding himself all alone. Later it was found out that he is suffering from Panic Disorder. Panic disorder is a form of anxiety disorder commonly found in thousands of children all over United States of America.Generally 12 per cent of children of ninth grade have panic attacks, and 1-2 per cent of adults have this problem. Children having Panic disorders may suffer from fear and discomfort, palpitation, pounding heart or great heart rate, trembling, sweating, shaking legs, nausea, dizziness etc. Panic disorder has become the most common problem among children and adults alike. They may also feel choking, chest pain, fear of dying, parasthesia (numbness or tingling sensation) etc.We generally ignore Panic disorder terming the symptoms as normal behavior of children but it is a very serious problem, which can hamper the childââ¬â¢s mental and physical growth. Affected children are socially cut off, their school performance is deteriorated and they may suffer from many other problems. It is not necessary that those children who are having panic attacks may have panic disorder, if 10 % of the children will suffer from panic attacks then 1 to 2 per cent only suffer from Panic disorder.Out of these who develop the Panic disorder, 10-35% is sure to get cured, 50% may get affected mildly later. The most common of all panic disorder is Agrophobia. This means always having a feeling of finding in a place or any situation were it is impossible to escape, or face a situation where help is not nearby available. According to the researchers, Panic disorder is caused when there is abnormality in that part of the brain, which indicates the quantity of Carbondioxide in the blood. If Carbondioxide is more, this means breathing is less than normal.Therefore, body will send the signals to increase the breathing process and also send adrenaline to help in the same process. We can also say that Panic disorder is hereditary problem. The children are much more likely to have an anxiety disorder if a parent also has an anxiety disorder. Part of this heredity is expressed through something called Behavioral Inhibition, which means reacting opposite to entirely new situation and things. Some infants and children will be very happy, eager and curious to find out about new people and things.However, roughly 15% of children will feel shy, withdrawn, and irritable in a new situation or with new people or things. Tedââ¬â¢s problem of Panic disorder is a problem of anxiety disorder, which is the most common among Children and adolescents. There are many kinds of a nxiety disorders but the most common of them are Separation Anxiety Disorder and Specific Phobias, occurring in the age group between 6-9 years old. Anxiety is one of the many disorders affecting man hood like neuroses. Children generally suffer from maximum fear and worry more than their parents do.Many of these problems can be predicted and cured easily so clinician before starting the treatment should carefully examine the behavior among children and then should prescribe the medicine for the same. Girls suffer more from fear than boys do. Separation anxiety disorder is found in childhood only and these involve the problems like specific phobia, social phobia among others. Children suffering from the phobias will try to leave the feared object. Social phobia occurs when children fear from being humiliated in public place.Children may get scared of speaking, writing, reading, performing in public, initiating and maintaining conversations, speaking to authority figures and interact ing in informal social situations. The idea can daunt on the children that what others will think of them and may suffer somatic symptoms with a sole purpose to escape uncomfortable situations. These children may suffer from lower self esteem and and always feel lonely and sad. This disorder can be comorbid with other diagnoses such as anxiety or depression.So, it becomes inevitable to treat the problem, whatever disorder the child may be suffering from before it causes some serious implications on his health and life. There should be open communication between clinicians, therapists, family and school staff. The source of stress of the child should be reduced through counseling, medicines and supportive environment both at home and school. It becomes utmost important for the parents to understand the illness of the child and his struggle with it. The child should not be left isolated.They should listen to the childââ¬â¢s feeling, praise his efforts and encourage him to participa te in various activities to relieve him of the stress, tension and depression. Tedââ¬â¢s mother also understood the root cause of problem and following the advice of child psychologists, she herself undertook parent guidance counseling sessions. With this, she was able to manage his sonââ¬â¢s illness effectively by providing much needed support and love. Soon, Ted was on the path of recovery. Reference Nelson R. W. , Emeritus & Allen Y. (2005) Behavior Disorders of Childhood. Publisher: Prentice Hall
Sunday, November 10, 2019
A Different History – Essay
Commentary ââ¬â A Different History (by Sujata Bhatt) ââ¬ËA different historyââ¬â¢ by Sujata Bhatt is a poem written about the social and political concern of the lost of cultural identical renouciation of Indian identity. The poet has used sentence pattern, motifs, symbolisms and imagery predominantly in this poem to emphasize the problem of younger generations losing their roots and identities. The poem begins with the use of the motif ââ¬Å"Great Panâ⬠who is the god of the wild, shepherds and flocks, nature of mountain wilds, hunting and rustic music, and companion of the nymphs. Great Panâ⬠in the poem is a symbolism of the native culture and identity in the European countries. This motif plays a huge role in the poem as the first three lines in the first stanza shows us the richness of Indian culture and the need for all Indians to appreciate their culture. The great pan leaving Europe to India portrays the intensity loss in Europe but more important highli ghts the attraction of the land, rich, harmony between environment and human society coexisting that India can offer. The human nature and human wisdom is what attracts even the god of culture to leave Europe and ââ¬Å"emigrated to Indiaâ⬠.The poet highlights through this use of personification that every Indian should be proud of the great culture root that Indian can provide. The sentence patterns along with other techniques used by the poet are significant in terms of the allowing the readers to understand the theme and the concerns of the poet. The run on lines in the first stanza implies that Indian culture will never fade or end and that it will be eternal, passing on through generations and generations. It is also effective in the sense that the run on lines emphasizes the effectives of the repetitions used in the poem.The repetition of ââ¬Å" It is a sinâ⬠ultimately shows the readers that it is a sin to discard the Indian culture and it is a sin to forget where one is from and what one should value culture-wise. The constant use of cultural icons such as ââ¬Å"snakesâ⬠, ââ¬Å"monkeyâ⬠and ââ¬Å"treesâ⬠further stresses the rich native culture in India and how important it is that conserve this culture. An imperative is also used in the poem ââ¬Å" You must learnâ⬠¦wood the paper was madeâ⬠gives off a cautious tone, warning the readers what would happen if the culture is not respected and treasured.The first stanza of the poem, although linked closely with each other have very contrasting moods. In the first stanza, the poet idolizes the uniqueness of Indian culture and how important it is to sustain this culture. The mood that the readers get is hopeful and respectful. However, in the second stanza, the reader uses many techniques, principally rhetorical questions to express her thoughts of the English colonization and the English language influences. The tone in the second stanza is bitterness and sad with a s ense of fear.The rhetorical questions ââ¬Å"Which language has not been the oppressorââ¬â¢s tongue? â⬠and ââ¬Å" Which language truly meant to murder someone? â⬠contradictory with each other. The first question implies that the English imposes foreign language on native Indians when they first conquered India. She explores the enigma whereby the language of the conqueror is cherished by later generations. ââ¬Å"The unborn grandchildren grow to love that strange languageâ⬠. The second question is a metaphor the poet had used to point out the neutrality of language.Language is not meant to murder anyone and is major component of history. She is merely confused why Indian people of todayââ¬â¢s generation would love a language that came from people, which has caused death and agony for hundreds of years in India. It is ironic to see how young people today forget about their heritage to love the English language. The two stanzas link with each other to show the confusion of the poet not understanding how people could neglect their own rich culture (described in stanza one) to loving a language that has caused them so much pain in the past (stanza two)The pre-dominant imagery used in the second stanza is imagery of the English colonization. The use of the metaphor ââ¬Å"after the torture, withâ⬠¦ of the conquerorââ¬â¢s faceâ⬠contains many destructive diction that provokes a negative feeling for the readers but more importantly to build up to the irony. The fact that after all the people in India have gone through in the colonization by England, generations today would still love and speak English. The sense of pain and sorrow of the poet is undeniable.After the colonization of India, English was brought in as an official language and was referred to as the ââ¬Å"strange languageâ⬠that younger generations love. The loss of identity in younger generations is clear in the second stanza and younger people do not know the hi story of India and donââ¬â¢t seem to understand and appreciate the importance of this wonderful culture. The poem ââ¬Ë A different cultureââ¬â¢ by Sujata Bhatt emphasizes the loss of identity for younger generations in India. The poet used a number of techniques effectively to show the sense of irony and bitterness towards this significant social issue in todayââ¬â¢s society.
Friday, November 8, 2019
Dong Chang Essay Example
Dong Chang Essay Example Dong Chang Essay Dong Chang Essay Background: Dong Chang, a secret police and service sets up by eunuchs during the Ming Dynasty in 1420 and direct under the leadership of the Ming Dynasty. Dong Chang is founded by Zhu Di (the King, Emperor). Although there was a current organization ââ¬Å"Jin Yi Weiâ⬠over that period of time, Zhu Di did not trust that organization. Therefore, Zhu Di revolted a number of eunuchs and turned into a very strong organization. Zhu Di believes eunuchs are more reliable. Analyze the Organization (Strategy, size, management, environment, external relationship): The leader of Dong Chang is eunuch called ââ¬Å"Chang Gongâ⬠. The punishment and spy departments are the major departments for Dong Chang. Dong Chang has a strict hierarchy of authority. The position is named by the number of staffs. For example, ââ¬Å"Hundredâ⬠means that the officer can manage one hundred staffs. Dong Chang is a large organization which covered over Ming Dynasty which is larger than current China and small counties nearby Ming Dynasty. Each type of work have special name. For example, there are officials of various ministries to monitor North Korea, and secretary to watch/to hear the prison criminals in the entire local government. Dong Chang is not only in institutions, but with reasonable staffing in the investigation developed action system. The management is quiet simple. First day of every month their investigation would focus on the work arrangement. Dong Changââ¬â¢s function is to investigate the plotters and heresies as great wickedness. Dong Chang is powerful as Jin Yi Wei, one person in charge and gives the right to do to follow it. At the beginning, Dong Chang is only responsible to the investigation, arrests, and the rights to without trial the prisoners. But at late of the Ming Dynasty, Dong Chang has its own prison. Dong Chang has the right to monitor government officials, scholars, and other political forces because Dong Chang only needs to report to the emperor. Therefore, because Dong Chang is a special secret service, all officials and scholars are afraid about it, so the external relationship is limited. But Dong Chang does not need to care about the external relationship because its power is too strong and has the right to arrest and kill all people. Critique the Structure of the Organization: Dong Chang is only responsible to the emperor they can do whatever they want. There is no privacy, no one can say no to them. They are watching/hearing every move every word of people. They only trust themselves. They are using an autocracy system. Therefore, sometimes even they carry out illegal actions no one can punish them which is bad and why it fails eventually. A good organization should care about the complaint and to improve, not ââ¬Å"Autocracyâ⬠. Insights and Recommendations: This type of organization structure has been around for centuries which placed the CEO (emperor) at the top and everyone else was arranged in layers down below, as illustrated in the diagram above. The emperor gave authority to Dong Changââ¬â¢s leader (Chang Gong) but one must still report to the emperor for any kind of activities. With hierarchy of authority and specific rules and procedures, bureaucracy control is taking place. However, this approach has many disadvantages such as slow response to new opportunities, unforeseen threats like terrorist attacks, or organizational crises. Our recommendation is to use a temporary structure to respond to an emergency or crisis situation. This means that it still get to maintain the efficiency and control benefits of bureaucracy yet prevent the problem of slow response. The hierarchical side with its rules, procedures, and chain of command maintain control and ensure obedience to rules that have been developed and tested over many years to cope with well-understood problems and situations. However, during times of high uncertainty, the most effective structure is one that loosens the lines of command and enables people to work across departmental and hierarchical lines to anticipate, avoid, and solve unique problems within the context of a clearly understood mission and guidelines. This would be more effective in any type of military organization.
Tuesday, November 5, 2019
Author Lane Ashfeldt on the Changing Role of Editors
Author Lane Ashfeldt on the Changing Role of Editors The changing role of editors - An interview with Lane Ashfeldt ââ¬Å"We tend to associate independent publishing with early-career writers getting their first break, since this is the kind of story that has tended to grab the headlines. But another significant group of authors choosing to self-publish are mid-career writers whose contracts for certain titles have expired.â⬠We say on our homepage that our Reedsy professionals ââ¬Å"know the publishing landscape better than a writer knows the taste of hot coffeeâ⬠. So we like to regularly have their take on it. Today, we interview Lane Ashfeldt, a UK-based freelance editor who has worked both for a small press and directly with authors. She shares her insights on the ever-changing role of editors - whether in-house or freelance - and on the opportunity self-publishing represents for writers (even ââ¬Å"mainstreamâ⬠ones).Hi Lane, great to have you here. Youââ¬â¢re one of our fiction editors on Reedsy and have been freelance for around 4 years. How did you start your editing career?Thanks for asking me Ricardo. I got into fiction by accident, planning to move on, but it stuck. For six years I edited short stories and novels for an indie press, in a variety of styles from crime to literary. I later started writing myself, and taught writing at a UK university.What prompted you to go freelance as an editor?When my book of my stories, SaltWater, was in edits I blogged about the process and some ex-students who had carried on writing after their courses got in contact asking if Iââ¬â¢d look at their novels. I couldnââ¬â¢t say no.How do you find having the writer as your employer?Iââ¬â¢ve never really thought of it that way. Reedsy refers to editing projects as collaborations and I think this hits the right note, though of course in this context the author is ultimately in control of the process. Which is as it should be - it is their book. I suggest edits, and explain why, but itââ¬â¢s up to the writer whether they choose to act on them. Itâ⬠â¢s a very cooperative thing. Itââ¬â¢s also private. I donââ¬â¢t identify titles that Iââ¬â¢ve edited freelance. (The titles on my Reedsy profile are from a regular job before I went freelance.)Do you see any parallels between your freelance editorial projects now, and when you were a full time editor?I enjoy working direct with authors, and this aspect is very similar. As a commissioning editor Iââ¬â¢d meet authors and see their books through from manuscript to hard copy. Now it is more usual to work remotely via electronic means, and generally I only work on the text unless asked for input on submissions or electronic publication routes. One key similarity is, itââ¬â¢s very result-driven ââ¬â it is all about finishing a piece of fiction, be it for print or ebook publication. Another aspect in common with my experience as a professional novel and short story editor is that over time you build relationships with certain authors and a knowledge of their strengths. It is rewarding when an author asks you to work on multiple projects as the dialogue becomes more fruitful.You have taught creative writing. How does that compare with editing?There is some commonality. But because advanced level university students need to write dissertations and conduct research, thereââ¬â¢s a necessary interest, pedagogically, in the process of creative writing; this can distract from the task at hand, ie finishing the book. With project editing, the emphasis is not on ââ¬Å"how to,â⬠if you like, but on getting it done. To as high a standard as possible, obviously.With the explosion in self-publishing, do you feel the role of editors is changing?In the present era of publishing everything is negotiable. Some editors are strong on marketing, some act as curators whose job is to uncover the Next Big Thing in their sphere of interest, some are very much a cog working within the corporate constraints of a major brand. As a full-time editor, I worked with a n indie press. Generally in smaller presses roles are more flexible. Editors may do both copy editing and commissioningà - perhaps also have a say in the design, typesetting, marketing, and PR. Commissioning editors with bigger houses are rarely this hands-on. Often they operate more on the level of curators whose intake is limited to people they know and a group of agents their company has history with, taking on finished projects that someone else (an agent, a professor in creative writing, a literary consultancy, the author) has edited and polished. You could say they operate less as editors (in the conventional sense of the word), more as a gateway to the production and marketing machine behind their brand.But with the increasing variety of publication routes open to writers, there is space for all sorts of editorial approaches to co-exist. Recent projects Iââ¬â¢ve worked on as a freelance editor illustrate this - some went on to be self-published, others are taking the ag ent / traditional publication route.Is it still possible to land an agent or publisher with an unedited manuscript?I am sure there are examples out there. The best writers are excellent editors of their own work, and this was true even in the days when some of the editing processes took place heh-hemming over dictation to a secretary. But if hiring a freelance editor adds perspective and strengthens your writing, it is a step worth taking.How do you see the publishing industry evolving in the next few years? Now that independent publishing has been established as a valid option, are more traditionally published authors going to try it?Lots of traditionally published writers have already experimented with publishing their work independently. It skewed towards US-based writers to start with, perhaps because the terms offered to US writers were more favorable, but that is beginning to even up. Both European and US authors working directly with Amazon can now access a royalty of 70% of the cover price on their titles (as against c. 7% working through a publisher) which increases the chance that authors may choose this route.We tend to associate independent publishing with early-career writers getting their first break since this is the kind of story that has managed to grab the headlines. But another significant group of authors choosing to self-publish are mid-career writers whose contracts for individual titles have expired. They are sitting on out-of-print (and professionally edited) novels that readers want to read - maybe even want to reread on ebook, having lost the hard copy - and it is not a lot of work to put up the files on self-publishing websites. A couple of examples: Philip Casey and Jeff Noon. Like Casey, Noon recently had new covers made for all his books and re-released them, along with his new ebook Channel Skin. No doubt there are others - perhaps especially writers whose ebook rights were never optioned first time around.You are a published wri ter, so I expect you love writing. What is the best thing about editing?For me, it is a similar buzz to writing. I enjoy editing. I love the intensity of it, the fact that you can lose yourself in the work, think about nothing else. Just words, and how they fit together. How they unfold to reveal a story.Thanks a lot for your time, Lane!à Follow Lane and Reedsy on Twitter: @Ashfeldtà andà @ReedsyHQDo you feel like the role of editors has changed? Is it worth it to work with a freelance editor before submitting your MS to agents and publishers? Leave us your thoughts, or any question for Lane, in the comments below!
Sunday, November 3, 2019
LAW Essay Example | Topics and Well Written Essays - 2250 words
LAW - Essay Example As such, the national courts are under an obligation to promote EU law. However, the English courts follow a dualist approach in dealing with cases of non ââ¬â compliance. This practice has resulted in a number of barriers for the UK courts to integrate the EU law with their national legislation1. In order to interpret the EU law, the European Court of Justice mainly depends on three sources; namely, the EU Treaties, Articles of the Treaties and provisions of EU law. The ECJ deals with cases of breach of EU law by Member States if their national legislation fails to correctly interpret the EU law. The ECJ then examines the legal basis of the Acts enacted by the institutions of the EU to find out their legality and practicality. Member States refer cases of infringement of EU law to the ECJ for the proper interpretation of EU law2. In the context of European integration, the United Kingdom has retained its parliamentary sovereignty to a very limited extent, in several matters relating to the European Union. The UK cannot escape from being penalised for breach of EU law; and it cannot determine the scope and extent of the penalties imposed upon it. Furthermore, the United Kingdom cannot abstain from implementing any directives issued by the EC nor does it have the power to withhold parts of directives from being implemented. This was established in the case of Factortame in 19913. In that case the parliamentary sovereignty of the UK was completely ignored by the European Court of Justice. The House of Lords refused to implement the Merchant Shipping Act 1988 on the plea that the Act challenged and derogated from, parliamentary supremacy in the UK. In another case, namely, R v. Secretary of State for Employment4, the House of Lords held that the Employment Protection (Consolidation) Act 1978 was not in accordanc e with the EU Law. Their
Friday, November 1, 2019
Investment Strategy Business Research Paper Example | Topics and Well Written Essays - 1250 words
Investment Strategy Business - Research Paper Example Grahamââ¬â¢s investment strategy, as established in his now seminal text the ââ¬ËIntelligent Investorââ¬â¢, encourages a steady and conservative approach referred to as ââ¬Ëdefensive investingââ¬â¢. This strategy is contrasted with ââ¬Ëspeculative investing,ââ¬â¢ an approach more closely linked to gambling. Grahamââ¬â¢s strategy has lasted the test of time and drawn positive attention from billionaire investor Warren Buffet who claims it is the best investing text ever written. This essay examines Grahamââ¬â¢s strategy in this text through an analysis of investment objectives, asset allocation, security selection process, and whether I would implement this strategy. Objectives The strategies articulated in the ââ¬ËIntelligent Investorââ¬â¢ are such that any sort of investor including an individual, hedge fund, or pension plan can adopt them. This is due to Grahamââ¬â¢s deep understanding of market vicissitudes that make this strategy not simply a s trategic angle on the market, but virtually the only safe approach to investment. In these regards, the only investors that this approach is not targeted for are what Graham terms ââ¬Ëspeculative investorsââ¬â¢. Graham states, ââ¬Å"every nonprofessional who operates on margin should recognize ipso facto that he is speculatingâ⬠¦everyone who buys a so-called ââ¬Å"hotâ⬠common-stock issueâ⬠¦is either speculating or gamblingâ⬠(Graham, pg. 21). ... Instead Grahamââ¬â¢s encourages a steady and conservative approach, the returns of which will be determined by the specific market conditions of the era. Graham indicates that strategic approaches that guarantee a specific return may be successful for a period, but in the long run have consistently proved ineffective. In terms of risk, Graham indicates that risk should be determined by the investorââ¬â¢s specific goals. For Graham risk is largely measured in the allocation of common stocks vs. bonds. Rather than implementing a time limit, Graham instead considers that risk and return are most concentrated in common stocks and as such they necessitate longer time horizons. One such example Graham gives is that a couple that are saving to buy a home would be better served consolidating their portfolio in bonds as this are safe and easily accessible; conversely, an individual with a longer time horizon should have a higher percentage of common stock. Asset Allocation Grahamââ¬â ¢s strategy as articulated in the ââ¬ËIntelligent Investorââ¬â¢ functions as a comprehensive approach to portfolio management. Indeed, intrinsic to Grahamââ¬â¢s strategy is the mitigation of risk through the successful allocation of bonds and common stocks. There are a number of considerations within this mode of understanding. In regards to precious metals, Graham recommends a relatively small allocation of such securities, indicating 2-3% of a portfolio should be dedicated to them. In terms of determining the percentage of bonds vs. stocks in the portfolio Graham provides a variety of options. Graham begins in considering a base percentage differential of 50% bonds and 50% stocks.
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