The Letter Issued By Berkshire Hathaway Inc. - 1378 Words

Warren Buffet Assignment The letter issued by Berkshire Hathaway Inc. is filled with a lot of information detailing the information that happened in 2014 and years prior. This letter comes on the 50 year anniversary and feature Warren Buffet and Charlie Munger’s thoughts on the past 50 years and what they expect over the next 50. The introductory section of the letter titled â€Å"To the Shareholders of Berkshire Hathaway Inc.:† it outlines a general overview of the occurrences of the stock over the past 50 years and how it has increased dramatically, and also what they believed was the best way to show it has increased. Major Players The first Major section with a lot of Substance within the letter is â€Å"The year at Berkshire.† A part that†¦show more content†¦I find this interesting because one would think that a loss of that magnitude in an industry where they claim to be its core operation at Berkshire Hathaway would seriously hurt the revenue and profits for the year. It’s explained that because of the many streams of earnings that that is why they would expect profits regardless. The next section labeled â€Å"Regulated, Capital-Intensive Business† has a very interesting segment about Berkshire Hathaway Energy that personally helped me learn something new. It’s mentioned that one of the factors that allow BHE to be able to service its debt under all circumstances is that it deals with recession-resistant earnings. It’s a concept that I’ve never actually thought about before. The idea that no matter how bad a recession in an economy is that the utilities B HE exclusively provides are things that are considered to be essential services. Moving on to the section titled â€Å"manufacturing, Service and Retailing Operations† it’s said that he has not made his last mistake in purchasing stocks or business and that not everything works out as planned. This interests me because it’s easy to think that Warren Buffet such a successful man or on a more broad term Berkshire Hathaway can do no wrong because of how successful it s proven

Essay about Opposing Viewpoints on Depression - 2427 Words

As Descartes argued, the mind and the body are the base of our existence, and many different cultures view different illnesses positively or negatively. Certain cultures, like the Hmong, believe that epilepsy is a good spiritual thing, but others, such as Western culture, believe that it is medically bad because it could cause death. Many illnesses can be viewed both negatively and positively, some more than others. However, one such illness that is mostly viewed negatively is depression. It is viewed negatively in a symptomatic sense – the symptoms are useless – and in a diagnostic sense – those diagnosed with depression are not actually depressed and the illness itself does not exist; it is simply an excuse to be lazy. There are many†¦show more content†¦In addition, depression is extremely stigmatized. Depression is often seen as a lack of effort, a cry for attention, or simply laziness. This stigmatization causes a lot of people with depression to ig nore the symptoms – some of which include the inability to focus, an unexplainable sadness, or a very large difficulty in doing things, including simply getting out of bed. Another important aspect to note is that most people have felt this way at some point in their lives, perhaps after a traumatic event or simply a stressful day. Those with depression experience it for longer periods of time, and the fact that others have experienced it causes those with depression to believe that their illness is not really there, simply a prolongation of the symptoms of others. Many cultures have different views on depression – some, like Eastern European cultures, tend to believe that depression is not a real thing; others, like Western cultures, actually tend to over diagnose depression – and throughout history, people have had different ideas of the reasons for depression. Because depression is portrayed so vastly differently across the globe and in different humans, there are different approaches to the causes for this mood disorder. Unlike a flu, for example, that has specific visible symptoms, such as a fever, vomiting, and feeling exhausted, depression essentially does not have any visible symptoms thatShow MoreRelatedEssay on Teen Pregnancy: More Education is Needed1174 Words   |  5 Pagesreduce a teens health and leave them ill, though many of them are curable. Curable STDs are just as dangerous as non-curable STDs because of the effect they have on your body. Also, an STD brings emotional consequences for those involved, including depression and it’s medical and social effects ( Sexually Transmitted Diseases Are an International Public Health Crisis). Teen pregnancy affects our society as a whole greatly. Our economy is losing money by paying for the teens doctor visitsRead MoreHistory Repeats Itself, A Fight For Fair Wage1178 Words   |  5 Pagesof $12 to $15 per week. In turn, businesses who signed the agreement displayed a blue eagle over the motto â€Å"We do our part.† Therefore, Patriotic Americans would buy only from â€Å"Blue Eagle†. As a result, the economy would recover from the â€Å"Great Depression†. Unfortunately, May 27, 1935, the Supreme Court disarmed the NRA. The nine justices agreed that the act was unconstitutional delegation of government power to private interests. However, On June 23, 1938, President Franklin D. Roosevelt signedRead MoreThe Impact Of Technology On The Privacy Essay857 Words   |  4 PagesHoltzman, David H. Technology Threatens Privacy. Privacy Lost: How Technology Is Endangering Your Privacy. San Francisco, CA: Jossey-Bass, 2006. Rpt. in Civil Liberties. Ed. Roman Espejo. Detroit: Greenhaven Press, 2009. Opposing Viewpoints. Opposing Viewpoints in Context. Web. 18 Oct. 2016. This article discusses how technology causes a threat to people’s privacy. The author explains how anything we have ever put on the internet whether it was deleted or not is still out there in someone’s databaseRead MoreThe Miracles of Cannabis Essay example957 Words   |  4 Pageswith cannabis. Cancer patients are finally receiving some relief from nausea, among other symptoms, with this much known and popular drug. Also, our soldiers and veterans returning from the war overseas can get relief from the posttraumatic stress depression they are burdened with on a daily basis. Some even say that if they use it with the onset of a migraine, it prevents the migraine completely. Cannabis has more medical value then some people realize. Most are rather quick to dismiss the idea ofRead MoreDivorce Argument Essay888 Words   |  4 Pagesalso deteriorate later in adulthood. It can therefore be thoroughly justified that divorce is harmful to childrens moral well-being and beha vior. The injurious effects of divorce involve feelings of inadequacy, instability, deprivation and depression usually culminating in resentment, aggression and mood alterations. Studies have distinguished that children and adolescents raised in an intact family structure display evidence of disciplined behavior, as opposed to their counterparts that areRead MorePhysician Assisted Suicide is NOT Ethical Essay1347 Words   |  6 Pagesvalid. Furthermore, is the concept that if people have an incurable disease they should at least choose the way they want to die. This isn’t right. They could merely be depressed and have found a justifiable way to ask to be put out of their misery. Depression can be treated with therapy. In addition, quality of life is also addressed in this article. If people were allowed to get physician assisted suicide, then they may question whether or not their life is valuable. They shouldn’t have to make a prosRead MoreCyber Bullying in Schools962 Word s   |  4 Pagesproblem in our society. Cyber bullying must be terminated in order to prevent teenage depression, fights breaking out in schools, and adolescences growing up to become criminals. Depression in teenagers is a major issue in the world around us. According to the article Cyberbullying, Targets of cyber bullying can experience emotional distress, including frustration, embarrassment, sadness, fear, and depression.† A lot of bullies, when caught in the act of cyber bullying, will claim that they wereRead MorePhysician Assisted Suicide : The Voluntary Termination Of One s Own Life1378 Words   |  6 Pagesdoctors have enough knowledge to know when a patient is close to dying. Accredited physician and proponent for legalizing physician assisted death, Peter Rogatz states Despite our most careful and sensitive efforts to Gaines 3 relieve pain, depression and other symptoms, there will remain some patients whose sufferings cannot be relieved and who plead for final release. Shall we deny their pleas, citing the lack of a constitutional right to such assistance? Must patients fall back on the violentRead MoreMarijuana V. Alcohol Essay770 Words   |  4 Pagesmarijuana is its medical capabilities. The sensation referred to as the â€Å"munchies† is a common side effect of marijuana that is used to promote eating for people suffering from anorexia. The chemical tetrahydrocannabinol. THC, can help control nausea, depression, and spasticity. Many opponents to medical cannabis say that if medical marijuana should be legal it should be approved by the Federal Drug Administration, FDA, but the FDA already approved a drug, Marinol, that uses a synthetic version of THC,Read MoreEssay on Legalizing Medical Marijuana1254 Words   |  6 Pagesthoughts of killing his mother. Another mood disorder that medical marij uana may help with is depression. For example, a physician gave a synthetic THC to fifty patients who suffered from depression. Thirty-six of the patients who were given the THC showed definite improvement (Grinspoon and Bakalar 117). Clearly, the THC in marijuana can drastically improve a patients mood who suffers from depression. Also, there are numerous patients who are depressed that do not respond well to antidepressants

Effects of Chlorinated Drinking Water free essay sample

Chlorine is added to drinking water, as a disinfectant, to get rid of harmful bacteria, which are usually present in areas from where the water is obtained. The controversy of this issue is that chlorination can work as an advantage or as a disadvantage to those consuming it. Chlorine is currently the most effective water treatment when compared with other alternatives. However, it also reacts with natural organic compounds present in the water to produce harmful chemicals that on a long-term basis are very dangerous. The most well known adverse effects of contaminated water is shown in the Walkerton crisis in May 2000, where an outbreak of E. Coli contamination occurred in the water system of Walkerton, Ontario. Seven people died, and a further 2300 fell ill after consuming water that was contaminated by farm manure (Walkerton Report, CBC 2008). This could have been prevented if proper chlorination had taken place. Examples of contaminants that chlorine eliminates are microbes such as E. We will write a custom essay sample on Effects of Chlorinated Drinking Water or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Coli, Salmonella typhi and Shigella. E. Coli grows when the water is contaminated with human and animal waste products. Upon consuming E. Coli contaminated water, an individual suffers from diarrhea, cramps, nausea, renal failure and sometimes even death. Consuming water contaminated with Salmonella typhi causes typhoid fever. Shigella causes severe abdominal cramping with blood and mucus in the stool. Chlorine’s major advantage is that the water remains disinfected until it reaches the point of consuming, unlike other disinfectants such as ozone or ultraviolet light. Chlorine not only purifies water, it also prevents bacterial growth, nitrogenous contaminants and such from growing in water pipes and storage tanks. It also gets rid of odors, unpleasant taste and organisms known as nuisance organisms. Slime bacteria, iron and sulfate reducing bacteria give the water a very unpleasant look and smell. These bacteria do not cause disease but chlorination gets rid of these organisms. Not only is chlorine easy to use, it is also widely available and of low cost. However, chlorine is also associated with producing harmful byproducts as it reacts with chemicals already present in water. These products are known as disinfection by-products. They include chloroform and are known as trihalomethanes or THMs for short. Studies conducted have shown that tested animals that are exposed to high amounts of THM are at a much greater risk for cancer. Even with humans, long-term exposure to chlorination can greatly increase risks of cancer (LaPure Water Inc, 2000). Also, chlorination does not get rid of all nitrate products. It only prevents the nitrates from reaching a toxic form. These nitrates are from manure products that have not been absorbed by plants. This is not particularly dangerous to adults, but with excess levels can cause â€Å"blue baby† disease (methemoglobinemia) in young infants (Nitrate: Health Effects in Drinking Water, McCasland). Chlorinated water also affects its taste and smell. Using chlorinated water to make coffee, tea, soups, etc changes its taste and smell. Even with these disadvantages, it is evident that the benefits of chlorination outweigh the risks. With proper treatment – making sure that chlorine is not added in excess and proper water testing, drinking water would be much healthier. The only major disadvantage of chlorinated water is the long-term effects of THMs. It is known that using a carbon filter actually gets rid of THMs and other chlorination by-products. People should be made aware of this and encouraged to use carbon filters to filter the water out instead of consuming straight from the tap. There are alternatives to chlorination as well, such as ozonation, which is a method of disinfection by adding ozone gas to water and applying an electric current. It is very effective against microbes and only forms by products, which can be removed with further treatment. Another method of disinfectant is by Ultraviolet light treatment. This method is effective against even more microbes than chlorine is but it is also costly. However, these methods can only be used as primary disinfectants, chlorine is required as a secondary disinfectant in order to disinfect water as much as possible. Also, these methods are temporary – the water does not remain disinfected until it reaches point of being consumed. In conclusion, chlorination is the most effective method of disinfecting water from drinking purposes. It’s the only method that keeps the water clean from the point of treatment to the point of consuming it. It is also the only disinfectant that is capable of minimizing all possible health risks caused by contaminated water. The adverse effects of chlorine such as its harmful by-products can be eliminated or reduced with the use of carbon filters. Effects of Chlorinated Drinking Water free essay sample Chlorine is added to drinking water, as a disinfectant, to get rid of harmful bacteria, which are usually present in areas from where the water is obtained. The controversy of this issue is that chlorination can work as an advantage or as a disadvantage to those consuming it. Chlorine is currently the most effective water treatment when compared with other alternatives. However, it also reacts with natural organic compounds present in the water to produce harmful chemicals that on a long-term basis are very dangerous. The most well known adverse effects of contaminated water is shown in the Walkerton crisis in May 2000, where an outbreak of E. Coli contamination occurred in the water system of Walkerton, Ontario. Seven people died, and a further 2300 fell ill after consuming water that was contaminated by farm manure (Walkerton Report, CBC 2008). This could have been prevented if proper chlorination had taken place. Examples of contaminants that chlorine eliminates are microbes such as E. We will write a custom essay sample on Effects of Chlorinated Drinking Water or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Coli, Salmonella typhi and Shigella. E. Coli grows when the water is contaminated with human and animal waste products. Upon consuming E. Coli contaminated water, an individual suffers from diarrhea, cramps, nausea, renal failure and sometimes even death. Consuming water contaminated with Salmonella typhi causes typhoid fever. Shigella causes severe abdominal cramping with blood and mucus in the stool. Chlorine’s major advantage is that the water remains disinfected until it reaches the point of consuming, unlike other disinfectants such as ozone or ultraviolet light. Chlorine not only purifies water, it also prevents bacterial growth, nitrogenous contaminants and such from growing in water pipes and storage tanks. It also gets rid of odors, unpleasant taste and organisms known as nuisance organisms. Slime bacteria, iron and sulfate reducing bacteria give the water a very unpleasant look and smell. These bacteria do not cause disease but chlorination gets rid of these organisms. Not only is chlorine easy to use, it is also widely available and of low cost. However, chlorine is also associated with producing harmful byproducts as it reacts with chemicals already present in water. These products are known as disinfection by-products. They include chloroform and are known as trihalomethanes or THMs for short. Studies conducted have shown that tested animals that are exposed to high amounts of THM are at a much greater risk for cancer. Even with humans, long-term exposure to chlorination can greatly increase risks of cancer (LaPure Water Inc, 2000). Also, chlorination does not get rid of all nitrate products. It only prevents the nitrates from reaching a toxic form. These nitrates are from manure products that have not been absorbed by plants. This is not particularly dangerous to adults, but with excess levels can cause â€Å"blue baby† disease (methemoglobinemia) in young infants (Nitrate: Health Effects in Drinking Water, McCasland). Chlorinated water also affects its taste and smell. Using chlorinated water to make coffee, tea, soups, etc changes its taste and smell. Even with these disadvantages, it is evident that the benefits of chlorination outweigh the risks. With proper treatment – making sure that chlorine is not added in excess and proper water testing, drinking water would be much healthier. The only major disadvantage of chlorinated water is the long-term effects of THMs. It is known that using a carbon filter actually gets rid of THMs and other chlorination by-products. People should be made aware of this and encouraged to use carbon filters to filter the water out instead of consuming straight from the tap. There are alternatives to chlorination as well, such as ozonation, which is a method of disinfection by adding ozone gas to water and applying an electric current. It is very effective against microbes and only forms by products, which can be removed with further treatment. Another method of disinfectant is by Ultraviolet light treatment. This method is effective against even more microbes than chlorine is but it is also costly. However, these methods can only be used as primary disinfectants, chlorine is required as a secondary disinfectant in order to disinfect water as much as possible. Also, these methods are temporary – the water does not remain disinfected until it reaches point of being consumed. In conclusion, chlorination is the most effective method of disinfecting water from drinking purposes. It’s the only method that keeps the water clean from the point of treatment to the point of consuming it. It is also the only disinfectant that is capable of minimizing all possible health risks caused by contaminated water. The adverse effects of chlorine such as its harmful by-products can be eliminated or reduced with the use of carbon filters. Effects of Chlorinated Drinking Water free essay sample Chlorine is added to drinking water, as a disinfectant, to get rid of harmful bacteria, which are usually present in areas from where the water is obtained. The controversy of this issue is that chlorination can work as an advantage or as a disadvantage to those consuming it. Chlorine is currently the most effective water treatment when compared with other alternatives. However, it also reacts with natural organic compounds present in the water to produce harmful chemicals that on a long-term basis are very dangerous. The most well known adverse effects of contaminated water is shown in the Walkerton crisis in May 2000, where an outbreak of E. Coli contamination occurred in the water system of Walkerton, Ontario. Seven people died, and a further 2300 fell ill after consuming water that was contaminated by farm manure (Walkerton Report, CBC 2008). This could have been prevented if proper chlorination had taken place. Examples of contaminants that chlorine eliminates are microbes such as E. We will write a custom essay sample on Effects of Chlorinated Drinking Water or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Coli, Salmonella typhi and Shigella. E. Coli grows when the water is contaminated with human and animal waste products. Upon consuming E. Coli contaminated water, an individual suffers from diarrhea, cramps, nausea, renal failure and sometimes even death. Consuming water contaminated with Salmonella typhi causes typhoid fever. Shigella causes severe abdominal cramping with blood and mucus in the stool. Chlorine’s major advantage is that the water remains disinfected until it reaches the point of consuming, unlike other disinfectants such as ozone or ultraviolet light. Chlorine not only purifies water, it also prevents bacterial growth, nitrogenous contaminants and such from growing in water pipes and storage tanks. It also gets rid of odors, unpleasant taste and organisms known as nuisance organisms. Slime bacteria, iron and sulfate reducing bacteria give the water a very unpleasant look and smell. These bacteria do not cause disease but chlorination gets rid of these organisms. Not only is chlorine easy to use, it is also widely available and of low cost. However, chlorine is also associated with producing harmful byproducts as it reacts with chemicals already present in water. These products are known as disinfection by-products. They include chloroform and are known as trihalomethanes or THMs for short. Studies conducted have shown that tested animals that are exposed to high amounts of THM are at a much greater risk for cancer. Even with humans, long-term exposure to chlorination can greatly increase risks of cancer (LaPure Water Inc, 2000). Also, chlorination does not get rid of all nitrate products. It only prevents the nitrates from reaching a toxic form. These nitrates are from manure products that have not been absorbed by plants. This is not particularly dangerous to adults, but with excess levels can cause â€Å"blue baby† disease (methemoglobinemia) in young infants (Nitrate: Health Effects in Drinking Water, McCasland). Chlorinated water also affects its taste and smell. Using chlorinated water to make coffee, tea, soups, etc changes its taste and smell. Even with these disadvantages, it is evident that the benefits of chlorination outweigh the risks. With proper treatment – making sure that chlorine is not added in excess and proper water testing, drinking water would be much healthier. The only major disadvantage of chlorinated water is the long-term effects of THMs. It is known that using a carbon filter actually gets rid of THMs and other chlorination by-products. People should be made aware of this and encouraged to use carbon filters to filter the water out instead of consuming straight from the tap. There are alternatives to chlorination as well, such as ozonation, which is a method of disinfection by adding ozone gas to water and applying an electric current. It is very effective against microbes and only forms by products, which can be removed with further treatment. Another method of disinfectant is by Ultraviolet light treatment. This method is effective against even more microbes than chlorine is but it is also costly. However, these methods can only be used as primary disinfectants, chlorine is required as a secondary disinfectant in order to disinfect water as much as possible. Also, these methods are temporary – the water does not remain disinfected until it reaches point of being consumed. In conclusion, chlorination is the most effective method of disinfecting water from drinking purposes. It’s the only method that keeps the water clean from the point of treatment to the point of consuming it. It is also the only disinfectant that is capable of minimizing all possible health risks caused by contaminated water. The adverse effects of chlorine such as its harmful by-products can be eliminated or reduced with the use of carbon filters.