This paper examines the "Coffee Can Portfolio" approach within the contemporary asset management context, contrasting its long-term investment philosophy against modern financial risk management strategies. It delves into historical and behavioral finance perspectives, exploring the efficacy of holding stocks over extended periods, and the psychological barriers such as loss aversion and the disposition effect that often hinder investors from holding on to winning stocks. Through a literature review and case studies of the Voya Corporate Leaders’ Trust Fund and Berkshire Hathaway's long-term holdings, the paper evaluates the practical applications and challenges of implementing the Coffee Can Portfolio approach.. It addresses the role of diversification, Value at Risk (VaR), and portfolio construction in managing financial risks associated with a Coffee Can Portfolio approach. The findings underscore the importance of initial stock selection, patience, behavioral finance understanding, and the judicious use of risk management tools in crafting a resilient long-term portfolio. The paper’s comprehensive analysis aims to bridge the gap between theoretical investment strategies and real-world portfolio management, offering insights into achieving superior financial outcomes through disciplined, long-term investment practices.
June 2024
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Journal Area:ABSTRACT:Pub. Date: June 17, 2024Paper No:5308
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Journal Area:ABSTRACT:
Vietnam is a multi-ethnic country with 54 ethnic groups living together. In which, 38 ethnic groups have a population of over 10,000 people, 16 ethnic groups have a population of less than 10,000 people (very small ethnic groups). While ethnic groups with large populations mainly live in the midlands and plains, where living and production conditions are favorable; then mountainous areas, which account for nearly three-quarters of the country's natural area, are the main areas of residence for most ethnic minorities. So what needs to be done to ensure social justice, close to the development level of very few mountainous and downstream ethnic groups, and preserve the traditional culture of these peoples? On the basis of identifying the preservation of traditional culture of very small ethnic groups in Vietnam over the past time, the article offers some basic solutions to contribute to the preservation of traditional culture of very small ethnic groups in Vietnam in the next period.
Pub. Date: June 17, 2024Paper No:5310 -
Journal Area:ABSTRACT:
The traditional culture of a country is the material and spiritual values accumulated and preserved throughout the entire historical process of formation and development of that country. Culture is both a goal and a spiritual foundation to promote socio-economic development, ensuring the connection between people and between people and society. Vietnamese traditional cultureis an invaluable assetcreated by the community of Vietnamese peoples in the process of building and defending the country; is the thread that binds the ethnic community, the basis for creating new values and cultural exchange; is the foundation for molding the cultural identity and value system of the nation's culture, and is a resource for development.In the context of international integration, the work of preserving and promoting traditional cultural values in Vietnam has extremely important practical significance. In the rule of law regime, law is a commonly used and effective method. Therefore, Vietnam needs to build and improve the legal system in general, and the cultural law in particular, ensuring the promotion of traditional cultural values, considering them as the driving force and core goal to preserve, build and develop the country's culture.
Pub. Date: June 17, 2024Paper No:5311 -
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The researcher used Structural Equation Modeling (SEM) to determine the most appropriate model for organizational commitment of police officer’s in Region XII. The study used a quantitative non-experimental research design with a descriptive- predictive approach. The sample size comprised 400 participants who were selected through a stratified sampling technique. These participants were surveyed using standardized adapted instruments to gather data. The data was then evaluated using a variety of statistical approaches such as the mean, Pearson product moment correlation, multiple regression, and structural equation modeling. The study's findings revealed that Organizational Citizenship Behavior, Job Satisfaction, Organizational Information Security and Organizational Commitment were all at a very high level. Furthermore, it was observed that all three exogenous variables had a significant relationship with Organizational Commitment of the Police officer’s. However, when performing regression analysis, it was observed that Job Satisfaction had the strongest influence on organizational commitment in Region XII. In terms of model evaluation, Model 5 consistently demonstrated an outstanding fit to the data. As a result, Model 5 was identified as the most parsimonious model for this study. As remaining indicators and strong predictors of organizational commitment, the best-fit model includes indicators of employee corporation and conscientiousness; job characteristics and promotion; and organizational information security such as security compliance intention, security participation intention, security motivation, and security climate.
Pub. Date: June 17, 2024Paper No:5328 -
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Objectives: To conduct a detailed analysis of the relationships between student worries and psychological distress within the College of Medical Sciences. Designs and Methods: A convenience sampling technique was used to select participants who provided consent before answering a questionnaire. All participating students were legally eligible. Demographic data collection included age, residence and sex. The study used a modified Warwick-Edinburgh Mental Well-Being Scale to evaluate students' well-being, mental health, concerns, medication usage, and coping strategies. Results: There was a significant association between Mental health status based on Warwick-Edinburgh Mental well-being groups and interference with Daily Living Activities and University Studies (X² = 26.497, df=1, p< 0.001). An odds ratio showed those who reported interference with daily living activities and University studies due to worry were four times more likely to experience psychological distress than their counterparts (OR: 3.6517 95 %, CI:2.207- 6.042, Z statistic: 5.041, Significance level P < 0.0001). A Chi-squared test found that there is a significant association between Mental health status and Student requests for support from Academic staff among College of Medical Science students. (X² = 9.760, df=1, p< 0.002). The Shapiro-Wilks test found the Warwick-Edinburgh mental health and well-being scores to be normally distributed; Test statistic W= 0.993, df: 289, p-value: 0.175. An independent samples T-test showed a significant difference between the mean scores on the Warwick-Edinburgh Mental Well-Being Scale for those who reported interference with daily living activities due to worry. The effect size is large (d=0.838). The 95% confidence interval for the difference of the means ranged from 3.3 to 5.87. Conclusion: These findings collectively underscore the intricate relationships between mental health, academic challenges, and the seeking of support among College of Medical Science students. The results align with existing research, contributing to a deeper understanding of the nuanced factors influencing mental well-being within this academic context.
Pub. Date: June 17, 2024Paper No:5331 -
Journal Area:ABSTRACT:
The researcher used Structural Equation Modeling (SEM) to determine the most appropriate model for organizational commitment of police officer’s in Region XII. The study used a quantitative non-experimental research design with a descriptive- predictive approach. The sample size comprised 400 participants who were selected through a stratified sampling technique. These participants were surveyed using standardized adapted instruments to gather data. The data was then evaluated using a variety of statistical approaches such as the mean, Pearson product moment correlation, multiple regression, and structural equation modeling. The study's findings revealed that Organizational Citizenship Behavior, Job Satisfaction, Organizational Information Security and Organizational Commitment were all at a very high level. Furthermore, it was observed that all three exogenous variables had a significant relationship with Organizational Commitment of the Police officer’s. However, when performing regression analysis, it was observed that Job Satisfaction had the strongest influence on organizational commitment in Region XII. In terms of model evaluation, Model 5 consistently demonstrated an outstanding fit to the data. As a result, Model 5 was identified as the most parsimonious model for this study. As remaining indicators and strong predictors of organizational commitment, the best-fit model includes indicators of employee corporation and conscientiousness; job characteristics and promotion; and organizational information security such as security compliance intention, security participation intention, security motivation, and security climate.
Pub. Date: June 29, 2024Paper No:5328 -
Journal Area:ABSTRACT:
Le présent document porte sur la construction sociale des inégalités de genre dans l'accès et le contrôle de la terre dans la commune rurale de Komsilga au Burkina Faso. Il met en évidence les obstacles auxquels les femmes sont confrontées dans l'accès à la terre, malgré leur contribution significative aux activités agricoles. L'accès des femmes à la terre est inégalitaire par rapport aux hommes en termes de qualité, de nature et de proportion des terres auxquelles elles ont réellement accès. De plus, la possession de terres par les femmes est rare et difficile en raison de facteurs socio-économiques et culturels. Ces inégalités d'accès et de contrôle de la terre entre hommes et femmes sont liées à des enjeux de pouvoir pour le contrôle des ressources matérielles et symboliques. La recherche vise à mieux comprendre les causes de ces inégalités de genre dans l'accès et le contrôle de la terre par les femmes. La première partie du document présente le cadre théorique et méthodologique de la recherche, tandis que la deuxième partie présente les résultats de l'étude, notamment les pratiques en matière d'accès et de contrôle de la terre, les justifications sociales de ces inégalités et les actions proposées pour améliorer l'accès des femmes à la terre.
Pub. Date: June 29, 2024Paper No:5303
