In all decisions there is a unique and discriminating factor with the ability to significantly affect any plan, goal, or undertaking − the factor of time. As a matter of fact, it is often the decision catalyst for a specific course of action, direction, or approach altogether. Especially profound are time’s effects on strategic decisions as conceivably long intervals and concomitant risk synthesize to produce a myriad of vulnerabilities. For example, the time value of money permeates any and all capital investment with a fundamental understanding that capital here and now has added value over the same amount in the future. Experienced investors recognize there is a direct correlation between a term of a bond and interest rates which affect stability of the principal; longer terms equate to riskier and elevated investment volatility. One will also find time a key component in formulations of mathematics, physics, and economics just to name a few. Amortizing a mortgage, calculations of speed and actuarial charts for life insurance are only a handful of applications that rely on time as an essential factor. Even more subtle is time’s ubiquitous nature as it suffuses the human equation.
A more abstract understanding of time indicates a dichotomous perception and manifestation existing amid the world 's cultures accordingly. That dichotomy generally divides between what oftentimes describes or associates with "old world" and "new world." Moreover, while
New ideas derived from self-reflection enable us to develop in ways that are spiritually linked to the future. The inexorable passage of adulthood is established by the motif of time, indicating that life is continuously moving forward. The personification of time “guiltless minute hand” suggest that time is not responsible for our future, but we are. Additionally, the dysphemistic personification of “time was killed” foreshadows the cessation of childhood. Eventually, the
Theme: Time can be the perception of each person at each different event in their life
A “time being” is someone who is placed in a certain place, or duration of the universe. According to Zen Buddhist teacher Dogen Zenji, he expounds that “if you understand time as only passing, then you do not understand the time being” (p. 259). This quote explains that an individual, who grasps times as simply something that’s passing, does not understand that everyone is linked together homogenously in more ways than one. In addition, a “time being” is someone who is linked with time, and with their surroundings in a fixed locus. In the novel, the author Ruth Ozeki gazes at the landscape from her home, and says
As mentioned earlier, the theory uses a forward-looking risk premium which reflects current market conditions that are sensitive to changes. Although this is the case, research on various companies demonstrates that experts infer future
Time, as viewed in this framework, is not only defined as the time on a clock, but the way culture perceives time. Time can be viewed by the calendar; furthermore, some cultures use different calendars or have varying number of days in their week. Some cultures also see clock time as less strict. There are certain cultures where it is normal to be late and others where the time decided is the time one is expected to be there.
Time, from one person’s experience to another, from day to day, from emotion to emotion, varies more than the individuals who experience it. Yet time still can be measured. People, almost from the earth’s inception, have had a desire to regulate time. This is still seen today, with all the watches, phone clocks, wall clocks, analog clocks, digital clocks, grandfather clocks, atomic clocks, timers, and stopwatches. Unfortunately, while it is possible to measure the actual emissions from an atom’s atomic transition, it is impossible to measure time perception in different circumstances. Both the poem “Time Is”, and the statue “Father Time”, portray the integral role of time in humanity.
"Social Time: The Heartbeat of Culture", is an article for Robert Levine and Ellen Wolff, it extend readers with the authors’ viewpoints and research about ‘time-sense’ in different cultures. Robbert and Wolff emphasize that there is difference of ‘time-sense’ in two levels, which are inter cultural and cross cultural. When we move into a new culture, understanding the differences of ‘time sense’ might help us to set ourselves to new people and also new places. The author also describe how ‘time sense’ vary in different cultures is more explained by the author’s experience and research. Having lived in Brazil meaning "tomorrow" referring to that Brazilians usually defer whatever they need to do. To find out if "the ‘manha’ pattern
time,” is a statement which this book The Daughter of Time demonstrated very well. It showed how
The behaviour of markets and investors, the decision making in the market place and the dynamics of demand and supply in any given market cannot be determined with a hundred percent accuracy. However master minds in the past have designed various techniques and theories that help investors make a particular buying decision, or to make choices logically. These theories and techniques help today’s investors to peep into the future and make almost immaculate predictions regarding the future behaviour of the market and the ongoing trends. A lay man night view the decision making of an investor as being solely based upon speculation but in reality every move that an investor makes today in the market place is backed up by sound calculation and
Zhou points out the importance of classifications by stating, “[It is enough that] morning and evening we have them, and they are the means by which we live. Without them we could not exist; without us they would have nothing to take hold of.” (793). Though the classifications given to things are limited, they are still necessary due to the fact that humankind has to agree on certain things to function in an ordered society. For instance, Zhou’s statement of morning and evening being the means by which we live illustrates the need for classifications to be affixed to phenomena. Without being able to communicate and agree on when morning and evening take place, people would have difficulty structuring their day and society would suffer. Also, without the concept of dates, a number of other issues would arise, such as an inability to make plans for things to occur in the future. Without the concept of time, and the classifications affixed to it, like days and years, humankind would not be able to exist in the same way as it does. Zhou also points out that concepts like time are human creations, and without humankind to take hold of, it would cease to exist in the same way. Because of this, both become essential to the other, and if one ceased to be so would the other. This
It could argued that our common-sense notion of endurance through time is incorrect. That this mistaken self-conception lead us to experience the passage of time. If so, this would be illusory no? And if this enduring ‘me’ is an illusion then so is the passage of time.
Challenges are presented to people on the daily basis. What to eat, drink, where they have to go, who they need to see, and etc... These things all impact the decision making process and the decisions made. In financial decision making, highly successful people do not make investment decisions based on past sunk outcomes, rather by examining choices with no regard for past experiences; this approach conflicts with what one may expect. In addition to past experiences, there are several cognitive biases that influence decision making.
It is paradoxical to have a course, which revolves round the corrosiveness of faulted Western notions of time and its depiction through abstraction, identify itself with an abstract title but argue for the concreteness and tangibility of the portrayal of time and space. A Place Beyond Time does just that. Containing a vastly abstract title, A Place Beyond Time may at first glance appear to properly relate time as a tangent notion with space. Upon further contemplation, however, it becomes patent that A Place Beyond Time possesses a conspicuous absence present in its philosophy of aloofness from intangibility. And although the name of the course attempts to tackle and manifest the complications of abstract and concrete time, it is through its lack of definition and precision, lack of possession, and lack of sensation of repetition that A Place Beyond Time fails to properly capitalize on this dilemma.
Spatial metaphors are used to specify these different aspects of time in our experience with the world (Boroditsky, 2000). Examples of spatial metaphors for time include looking forward to something, falling behind schedule, or planning ahead. Results from Boroditsky’s study indicated that there were indeed differences in spatial metaphors employed between English and Mandarin; while in English front/back terms are predominantly used to conceptualize time, Mandarin speakers also use vertical metaphors as well as front/back terms to
Such decisions may affect the company’s profitability today but judging from the fact that high risk means low stock price and vice-versa, high return waits in the future.