On The Calculation Of Volume 2 Quotes

a logical man must behave in a crisis as if his calculated risk were indeed a certainty …

It is important to refuse to be intimidated. That refusal must not be based simply on a calculation of the odds of succeeding. At times, in my case, multiple lawsuits and an ethics charge seemed overwhelming, and the fact that I knew my work to be accurate and responsible was only partial solace. l was well aware that court, like the National Football League, is an arena in which, on any given Sunday, anybody can win. The refusal to be intimidated must come, in the end, not from a sureness of succeeding but from a knowledge of the cost of scurrying for shelter through fake retractions and disowned truths. It is a question, in the end of self-respect. Who among us could, in good faith, ever face a survivor of childhood abuse again were we to run for cover when pressed ourselves? Children are not permitted that choice, and the adults who choose to work with them and with the survivors they become cannot afford to make it. It would be a choice to become. Through betrayal and deceit, that to which we object. Our alternative, then, is not to hide. Not to refuse to treat adult survivors, not to refuse to go to court in their defense, not to apologize and retract statements we know are true, but to cultivate endurance and tenacity as carefully as we read the research. Confessions of a Whistle-Blower: Lessons Learned Author: Anna C. Salter. Ethics & Behavior, Volume 8, Issue 2 June 1998

This ether is a source of tremendous energy that is in constant motion, flowing in and out of all objects in the universe—just as a candle flame is constantly absorbing new wax and oxygen and radiating new heat and light, but still continues to exist as a measurable unit.” Wilcox also tells us, “[P]hysicists John Wheeler and Richard Feynman have calculated that the energy in the volume of vacuum space contained within a single light bulb is concentrated enough to bring all the world’s oceans to the boiling point!”2

Let us not continually seek little passions in great souls. The success of superior men — and it is a consoling thought — is due rather to the loftiness of their sentiments, than to the speculations of selfishness and cunning; this success depends much more on their skill in taking advantage of circumstances, than on that presumption, blind enough to believe itself capable of creating events, which are in the hands of God alone. Certainly, Caesar had faith in his destiny, and confidence in his genius; but faith is an instinct, not a calculation, and genius foresees the future without understanding its mysterious progress.

But the artistic program of the Counter Reformation, the propagation of Catholicism through the medium of art among the braod masses of the population, is frist accomplished by the baroque. It is obvious that what was in the mind of the Council of Trent was not an art which, like mannerism, appealed merely to a thin stratum of intellectuals, but a people's art, such as the baroque in fact became. At the time time of the Council, mannerism was the most widespread and the most live form of art, but it in no way represented the particular direction which was best calculated to solve the artistic problems of the Counter Reformation. The fact that it had to yield to the baroque is to be explained, above all, by its inability to master the ecclesiastical tasks committed to art by the Counter Reformation.

The Renaissance deepened the influence of medieval development with its striving towards capitalistic economic and social system only in so far as it confirms the rationalism which now dominates the whole intellectual and material life of the time. [...] They are arecreation of the same spirit which makes its way in the organization of labour, in trading methods, the credit system and double-entry book keeping, in methods of government, in diplomacy and warfare. The whole development of art becomes part of the total process of rationalization. The irrational ceases to make any deeper impression. The things that are now felt as 'beautiful' are the logical conformity of the individual parts of a whole, the arithmetically definable harmony of the relationships and the calculable rhythm of a composition, the exclusion of discords in the relation of the figures to the space they occupy and in the mutual relationship of the various parts of the space itself. And just a central perspective is space seen from a mathematical standpoint, and right proportions are only equivalent to the systematic organization of the individual forms in a picture, so in the course of time call criteria of artistic quality are subjected to rational scrutiny and all the laws of art are rationalized.

To give you a sense of the sheer volume of unprocessed information that comes up the spinal cord into the thalamus, let’s consider just one aspect: vision, since many of our memories are encoded this way. There are roughly 130 million cells in the eye’s retina, called cones and rods; they process and record 100 million bits of information from the landscape at any time. This vast amount of data is then collected and sent down the optic nerve, which transports 9 million bits of information per second, and on to the thalamus. From there, the information reaches the occipital lobe, at the very back of the brain. This visual cortex, in turn, begins the arduous process of analyzing this mountain of data. The visual cortex consists of several patches at the back of the brain, each of which is designed for a specific task. They are labeled V1 to V8. Remarkably, the area called V1 is like a screen; it actually creates a pattern on the back of your brain very similar in shape and form to the original image. This image bears a striking resemblance to the original, except that the very center of your eye, the fovea, occupies a much larger area in V1 (since the fovea has the highest concentration of neurons). The image cast on V1 is therefore not a perfect replica of the landscape but is distorted, with the central region of the image taking up most of the space. Besides V1, other areas of the occipital lobe process different aspects of the image, including: •  Stereo vision. These neurons compare the images coming in from each eye. This is done in area V2. •  Distance. These neurons calculate the distance to an object, using shadows and other information from both eyes. This is done in area V3. •  Colors are processed in area V4. •  Motion. Different circuits can pick out different classes of motion, including straight-line, spiral, and expanding motion. This is done in area V5. More than thirty different neural circuits involved with vision have been identified, but there are probably many more. From the occipital lobe, the information is sent to the prefrontal cortex, where you finally “see” the image and form your short-term memory. The information is then sent to the hippocampus, which processes it and stores it for up to twenty-four hours. The memory is then chopped up and scattered among the various cortices. The point here is that vision, which we think happens effortlessly, requires billions of neurons firing in sequence, transmitting millions of bits of information per second. And remember that we have signals from five sense organs, plus emotions associated with each image. All this information is processed by the hippocampus to create a simple memory of an image. At present, no machine can match the sophistication of this process, so replicating it presents an enormous challenge for scientists who want to create an artificial hippocampus for the human brain.

The Economics of Property-Casualty Insurance With the acquisition of General Re — and with GEICO’s business mushrooming — it becomes more important than ever that you understand how to evaluate an insurance company. The key determinants are: (1) the amount of float that the business generates; (2) its cost; and (3) most important of all, the long-term outlook for both of these factors. To begin with, float is money we hold but don't own. In an insurance operation, float arises because premiums are received before losses are paid, an interval that sometimes extends over many years. During that time, the insurer invests the money. Typically, this pleasant activity carries with it a downside: The premiums that an insurer takes in usually do not cover the losses and expenses it eventually must pay. That leaves it running an "underwriting loss," which is the cost of float. An insurance business has value if its cost of float over time is less than the cost the company would otherwise incur to obtain funds. But the business is a lemon if its cost of float is higher than market rates for money. A caution is appropriate here: Because loss costs must be estimated, insurers have enormous latitude in figuring their underwriting results, and that makes it very difficult for investors to calculate a company's true cost of float. Errors of estimation, usually innocent but sometimes not, can be huge. The consequences of these miscalculations flow directly into earnings. An experienced observer can usually detect large-scale errors in reserving, but the general public can typically do no more than accept what's presented, and at times I have been amazed by the numbers that big-name auditors have implicitly blessed. As for Berkshire, Charlie and I attempt to be conservative in presenting its underwriting results to you, because we have found that virtually all surprises in insurance are unpleasant ones. The table that follows shows the float generated by Berkshire’s insurance operations since we entered the business 32 years ago. The data are for every fifth year and also the last, which includes General Re’s huge float. For the table we have calculated our float — which we generate in large amounts relative to our premium volume — by adding net loss reserves, loss adjustment reserves, funds held under reinsurance assumed and unearned premium reserves, and then subtracting agents balances, prepaid acquisition costs, prepaid taxes and deferred charges applicable to assumed reinsurance. (Got that?)

It is strange, it is very strange, and scarcely to be accounted for, that people advanced in life, and experienced in the uncertainty of all life's things, seem to have a confidence in the future which the young do not possess. They delay, they put off without fear or apprehension; they calculate as if with certainty upon the time to come; while eager youth, on the contrary, at the very name of procrastination conjures up every difficulty and obstacle, every change and chance, not alone within the range of probability, but within the reach of fate.

What does it mean to be unbanked? The World Bank defines unbanked as 2.5 billion people who have absolutely no access to financial services… and live in cash-based societies. Conveniently, they only count heads of household. Spouses and children are unimportant in this calculation; only the primary earners matter. Yet we know that in the vast majority of the world, day-to-day household finances are controlled by women. But they are not counted as the head of household.

Humanity proper is made up of all the families and tribes with whom our people has intercourse, for companionship means constant mingling of frith, honour and luck; outside the pale the “strangers” crowd, and the strangers are another sort of men, because their minds and ways are unknown. When they are called sorcerers the word only emphasises the fact that their doings are like the doings of demons and trolls, dark and capricious, admitting of no sure calculation. The only means of overcoming the wickedness of strangers is by annexing their luck and honour and mingling mind; by mingling minds the will and feeling in the two parties are adjusted, and henceforth their acts interlock instead of running at cross purposes. Between men there may be fighting, community may be suspended by enmity, but the struggle is human and carried on by the rules of honour; against strangers men have perpetual war, and the warfare must be adjusted to the fiendish ingenuity of the demons. Towards vermin or wild beasts men cannot feel responsibility or generosity.

History with its flickering lamp stumbles along the trail of the past, trying to reconstruct its scenes, to revive its echoes, and kindle with pale gleams the passion of former days. What is the worth of all this? The only guide to a man is his conscience; the only shield to his memory is the rectitude and sincerity of his actions. It is very imprudent to walk through life without this shield, because we are so often mocked by the failure of our hopes and the upsetting of our calculations; but with this shield, however the fates may play, we march always in the ranks of honour.

By virtue of his dominance over nature, man can also combine souls, and engraft the essence of one upon another. Thus he inspires that which his hands have worked on, and equips his implements with qualities calculated to render them useful in their calling. When be fastens a bunch of feathers to his arrow, he gives its flight the accuracy of a bird, perhaps also something of a bird's force in swooping on its prey; as surely as he gives himself a touch of birdnature by fastening feathers about his body. Or he may, in the strength of his artistic faculty, content himself with a presentment of nature. He chisels a serpent on his sword, lays “a blood-painted worm along the edge” so that it “winds its tail about the neck of the sword”, and then lets the sword “bite”. Or be may use another form of art, he can “sing” a certain nature into his weapon. He tempers it in the fire, forges it with art and craft, whets it, ornaments it, and “lays on it the word” that it shall be a serpent to bite, a fire to eat its way. So also he builds his ship with the experience of a shipbuilder, paints it, sets perhaps a beast at the prow, and commands that it shall tread sure-footed as a horse upon the water. Naturally, the mere words are not enough, if there is no luck in them; they take effect only if the speaker can make them whole. How he contrives to accomplish this is a question too deep to enter into here, but as we learn to know him, we may perhaps seize upon one little secret after another.

In 1996 a team led by Andrew Strominger discovered that only in ten space-time dimensions (nine space and one time) could gravity and quantum mechanics successfully coexist at all epochs of cosmic history. This theoretical calculation was subsequently supported by several observational confirmations. The picture of creation that arises out of this new result proceeds as follows: 1. At the creation event ten space-time dimensions instantly and transcendently appear. They reside within an infinitesimal volume. 2. All nine space dimensions rapidly expand. 3. At 10-43 seconds (a ten millionth of a trillionth of a trillionth of a trillionth of a second) after the creation event, six of the nine space dimensions cease expanding. 4. Thereafter, the space dimensions of length, width, and height continue to rapidly expand. Presently, the six tiny space dimensions are very tightly wrapped up around the three large space dimensions. Except for the interiors of black holes, the tiny space dimensions today play no role in the dynamics of the universe. For more details on the discovery that creation is ten- rather than four-dimensional and the significance of this discovery for establishing the Christian faith, see my book, Beyond the Cosmos.{46}

storage tank The storage tank is a container required for storing liquids or gases in a number of professional techniques. They are crucial among companies that manage a large amount of chemicals, crude oils and micro -petroleum merchants, because of the fact that they have managed the managed environment compounds may be accurately saved. Storage tanks come in different sizes and functions to meet individual desires and safety requirements. What Types of Storage Tank? Understanding the many types of garage tank is important whilst identifying that's appropriate for a given utility. Here are some of the not unusual sorts: 1. Atmospheric Tank Companies often use atmospheric tanks, which operate with dense stress, including crude oil, gas and water. Their simplicity makes them inexpensive, however their publicity to ambient situations requires unique safety measures. 2. Pressure Tank Pressure tank, designed to hold materials underneath high stress, play an important function in storing gases and unstable drinks. Manufacturers make them from sturdy substances and conduct thorough first-class control to make certain they are able to manage excessive inner stress without leaking or exploding. 3. Industrial Tank Industrial tank are multifunctional and might fulfill plenty of functions throughout industries. They tailor to specific tactics, materials, or temperature necessities, allowing them to meet an extensive variety of operational wishes. What are the Dimensions of a Storage Tank? The dimensions of a storage tank—diameter, height, and volume—are determined through numerous factors, such as the type of fabric to be stored, the quantity required, and the site to have space. An excessive-ability tank, for example, may want to be taller to match inside a restricted ground space or have a larger diameter if height constraints exist. Proper calculation of these dimensions is crucial for a safe and powerful garage, and it must be regular with industry requirements. What are the Storage Tank Constructions? Storage tank creation is a cautious way that adheres to precision, ability and standards. Here’s a breakdown of the main levels: 1. Implementation Work Plan A properly-established painting plan outlines the timeline, materials, gadget, and personnel wished for creation. This ensures all stakeholders are aware about the obligations, lowering delays and enhancing efficiency. 2. Other procedures for welding and storage tank construction Welding is a middle part of tank production, specifically for steel tanks. Proper welding methods save you leaks, decorate structural integrity, and make certain durability. In addition, tricks such as rolling, cutting and happening are important for preparing materials for a meeting. 3. Tank Bottom Assembly Building the tank’s basis is an essential initial step as it gives crucial assistance for the whole construction. A flat base and right set up are important for averting leaks and structural troubles. Precision alignment and secure welding at some point of this degree can affect the tank’s lifetime. 4. Assembly and welding of storage tank shells The shells of the tank, which are usually cylindrical, are built forward. Efficient welders guarantee that each section aligns correctly, resulting in a strong and smooth structure. Welding shells require accuracy, as any defect can compromise the stability of the tank. 5. Establishment of tank roof and pontoon Depending on the tank type, the roofs may definitely vary in floating design. Pontones, commonly used in floating roofs, reduces assistance in vapor -containing vapor and reduces evaporational damage. For particularly unstable substances, appropriate installation is important to safely accommodate the material. 6. Establishment of manway plates and pipe fittings Manway plates allow for inspection and maintenance, while the pipe connections allow the material to enter and exit the tank.

Texas Instruments (TI) fell into the irrelevance trap in calculators and watches. By relentlessly building volume, driving down costs, and lowering prices, TI achieved leading market share in both products. Retail prices for watches and calculators plunged below $15, and TI dominated the volume channels, including supermarkets and discount stores. Casio, Sharp, and Seiko—all Japanese companies—followed TI’s lead in pursuing volume by slashing prices and designing costs out of the products and their manufacturing. But, as prices sank, the Japanese companies introduced new products with many more features than TI’s offerings. Prices were so low, consumers were willing to pay a few dollars extra for features such as solar power, more mathematical functions for calculators, and styling features for watches. Before long, TI’s relentless pursuit of higher volumes and lower costs became irrelevant to consumers, and the Japanese companies took over the categories. If you have not examined your costs, in detail, within the past five years—or if you believe your competitors have not—it is very likely that there exists, lurking somewhere in your cost structure, a major opportunity to improve your profits, weaken your competitor, and expand your influence. There are limits to cost-raising strategy. As important as price is to your customers, they care about other things as well, including product features, quality, time, and status. So, even as you pursue this hardball strategy with gusto, remember the mortal words of Dirty Harry: “A man’s got to know his limitations.”2

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