Genres of Literature Genres of literature are important to learn about. The two main categories separating the different genres of literature are fiction and nonfiction.
Operations not meeting these requirements are speculative. The confusion is understandable. At the same time, the speculator is written off as a reckless gambler; or worse, a fool. Unfortunately, these interpersonal tags are often applied in hindsight to actions that, if evaluated in advance, would have fallen under a simplistic definition of speculation.
Those that allocate their assets to a speculative endeavor — according to the Graham and Dodd definition — that results in profit might be considered a shrewd investor, because the proof is in the pudding. However, had the endeavor been of the losing variety, the same shrewd investor may have been labeled a reckless speculator.
The point is that, if a realistic distinction is to be made between investment and speculation, it must be made in advance.
In my, personal, opinion, a black and white distinction cannot always be made between the two. Rather, any activity we undertake with our assets with a reasonable intention of financial gain might be placed on a spectrum ranging from investment to speculation.
In my opinion, the factors that would place an allocation closer to one side than the other would depend upon what can be known about, and what is believed to be known about, the mechanics of how the allocation is expected to generate a return over time, and the level of confidence associated with an expected rate of return over time.
The more that can be known about, and is believed to be known about, how the allocation will produce an expected return over a prescribed timeframe, and the higher the degree of confidence associated with an expected rate of return over time, the closer the allocation might be to the investment end of the spectrum.
It seems that, under this definition, a game of chance like roulette would fall closer to the investment end of the spectrum, as much is known about the mechanics of return, and an expected rate of return can be predicted with great confidence over a long enough period of time.
With a long enough allocation horizon, it would be appropriate to put roulette closer to the investment end of the spectrum, at least for the house. The tricky part here — again, in my opinion — is that it is very easy to fool ourselves into believing that we know more than we do.
All of this, of course, presumes some attempt to understand anything about where, when, how, and why assets are allocated. In reality, there are no shortage of entities, natural or otherwise, that allocate assets to endeavors about which little is known other than that it, or something similar, has increased in value in the past, and there is hope that it increases in value in the future.
Although many of these entities might consider themselves investors, it would be difficult to place this activity closer to the investment end of the spectrum than to the speculative, even if it ends up being profitable.Nov 17, · Speculative philosophy, at least for the analytic tradition, refers mainly to German idealism in the for of Hegel, Schelling, and Bradley.
Such thinkers are concerned with offering a systematic approach to urbanagricultureinitiative.com: Resolved. That postmodernism is indefinable is a truism. However, it can be described as a set of critical, strategic and rhetorical practices employing concepts such as difference, repetition, the trace, the simulacrum, and hyperreality to destabilize other concepts such as presence, identity, historical progress, epistemic certainty, and the univocity of meaning.
The Origin of Philosophy: The Attributes of Mythic/ Mythopoeic Thought. The pioneering work on this subject was The Intellectual Adventure of Ancient Man, An Essay on Speculative Thought in the Ancient Near East by Henri Frankfort, H.A.
Frankfort, John A. Wilson, Thorkild Jacobsen, and William A. Irwin (University of Chicago Press, , -- also once issued by Penguin as Before Philosophy). 1. Preliminary Remarks: The Rejection of Ontology (general metaphysics) and the Transcendental Analytic.
Despite the fact that Kant devotes an entirely new section of the Critique to the branches of special metaphysics, his criticisms reiterate some of the claims already defended in both the Transcendental Aesthetic and the Transcendental Analytic..
Indeed, two central teachings from these. Analytic philosophy: Analytic philosophy, a loosely related set of approaches to philosophical problems, dominant in Anglo-American philosophy from the early 20th century, that emphasizes the study of language and the logical analysis of concepts.
Although most work in analytic philosophy has been done in Great Britain. Genres of literature are important to learn about. The two main categories separating the different genres of literature are fiction and nonfiction.