Denkschrift über die Arbeitsbeschaffungsmaßnahmen der Reichsregierung

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Identifikator:: 876559135

URN:: urn:nbn:de:zbw-retromon-1676

Document type:: Monograph

Author:: Borght, Richard van der http://d-nb.info/gnd/11625274X

Title:: Grundzüge der Sozialpolitik

Place of publication:: Leipzig

Publisher:: Verlag von C. L. Hirschfeld

Year of publication:: 1904

Scope:: 1 Online-Ressource (XII, 566 Seiten)

Digitisation:: 2017

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Document type:: Monograph

Structure type:: Contents

Collection:: Economics Books

107 varied local enterprises to ment combination, great attention being paid? j trade interests and that all stocks held should be as far removed from general trade influences as possible. Further, care must be taken that the selected enterprise is being carried on as a sound business concern and not for the benefit of a few chosen individuals with whom the company does business. These points we have fully explained in a previous chapter. After all, when the sun shines the milliner is jubilant, whilst in rainy weather the umbrella-maker rejoices. In this way it is possible to arrive at something approaching a distribution of risk without going outside the United Kingdom, provided that the stocks selected are unimportant, and for this reason as far removed from the influence of British trade as they possibly can be. Conservative investors are naturally dis inclined to change their holdings, and rich people are especially dilatory in their financial affairs. But our twenty-seven years of experience have proved to us that every holder of a badly distributed Investment List is in the true sense of the word constantly on the verge of a precipice, and we have known the finest to the point that no two com pm shall be identical in their objects

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