- in this post we'll be going through dodgy job contract clauses. Ironically, many of which are actually unlawful and unenforceable on closer inspection:
The Simpsons - Best of Lionel Hutz
The Simpsons - Best Of Lionel Hutz
Ted 2 (2_10) Movie CLIP - Law & Order & Porn (2015) HD
Ted 2 Law and order/Computer scene
TED 2 - Law & Order And Porn
The Price of Justice - Pivotel scene from the movie 'A Civil Action'
Better Call Saul Commercial HD Best Quality
Tom Cruise refuses the charges of possession of condiments | A Few Good Men | CLIP
- you can't really control/restrict what employees do after work hours but most employers seem to have this clause?
employment legality restriction after hours work
Absent specific circumstances being established, employers have no right to control or regulate their employees' conduct outside of work hours. However, if an employee's out of work conduct has a significant and adverse effect on their employment or the workplace, then an employer may be able to take disciplinary action, which may include termination of employment.
employment legality outside work exclusion clause
job description can you restrict after hours work
Are there limits on the obligation to comply with directions?
Directions must be within scope of contract
Employees are not obliged to comply with a direction to perform work or carry out duties or activities that are outside the scope of their employment, notwithstanding that the direction might otherwise be reasonable.
References: Commissioner for Government Transport v Royall (1966) 116 CLR 314; BC6600780
- many employers have unpaid overtime on garbage tasks such as filling in timesheets, doing pre-work checks, etc... (even though much of this can be automated)
unpaid work filling forms mcdonalds legality
how many hours rest between shifts
Employees must get a minimum break of 10 hours between finishing work one day and starting work the next day. The finishing time must incorporate reasonable additional hours or overtime. When this break isn't honoured and they start at their normal shift time the next day, they get paid overtime for the hours they work, until they are released from duty to have a 10-hour break between shifts.
- a lot of non-compete clauses are actually absurd when you dig into things. The silly thing is that the justice/legal system often makes the assumption that we exist in a fair and just world. However, we actually exist in a late stage capitalist/neo-feudal world which while gives off the impression of being different to feudalism isn't that much different. If you work for smaller companies it's not so bad. If you work for larger companies then it can have a black ball style effect though
non compete clauses legality
The specific activities you seek to restrict must directly relate to your legitimate business interests. Overly broad restrictions are more likely to be struck down by courts.
Enforcement of non-compete clauses in Australia
Non-compete clauses in Australia are generally enforced under the common law.
The presumption at common law (outside of New South Wales) is that post-employment restraints including non-competes are void and unenforceable. However, a court may nonetheless find that the clause is valid and enforceable if it determines that the employer has a "legitimate protectable interest", and the restraint is no more than what is reasonably necessary to protect that interest (Heydon 2008).
Where a court determines the scope of a particular clause is unreasonable, it can "sever" this clause in a way that allows the reasonable aspects of the clause to still be applied. This has contributed to the presence of "cascading clauses" in employment contracts which frames restraints in descending ("cascading") restraints that apply to different geographical areas or time periods, such as being enforceable for either 12 months, 6 months, or 3 months (Arup et al. 2013).
non compete clause too broad
Scope of Activities
The specific activities you seek to restrict must directly relate to your legitimate business interests. Overly broad restrictions are more likely to be struck down by courts.
nsw no compete clause
Non-Compete Clauses in NSW
In New South Wales, non-compete clauses are enforceable if they are reasonable in scope and duration. They must protect legitimate business interests, such as trade secrets and client relationships. Additionally, these clauses should not unduly restrict an employee's ability to find new work. Courts assess reasonableness by examining the geographic area and the length of the restriction.
- other silly clauses are ones that require medical exams (reminds me a lot of the insurance industry who are trying to get people to submit biosamples in order to reduce their risk profile). This is obviously unlawful as it isn't really required to determine whether or not the subject in question can actually do the job and it may lead to uncovering aspects of a person's life that have nothing to do with the job but may exclude them such as a disability, sexual orientation/prefernces, etc... The irony is that like many other areas of life many people want to take the credit when things go well but don't want to take responsibility/accountability when things go bad?
medical exam legality job
Lessons for Employers
Generally speaking, an employer is entitled to seek medical information to determine if an employee is safely able to fulfil the inherent requirements of their role.
Often this arises following a significant illness or injury and where there are concerns about the person's capacity to return to their pre-injury role.
There is not however a general and broad reaching entitlement that allows employers to require employees to participate in medical assessments for any reason. The purpose of the assessment must be clear and bear an obvious relationship with the employee's ability to do their job.
When will a request to attend an IME not be reasonable?
A request to attend an IME might not be reasonable if:
there was no genuine need for the assessment
the proposed IME is looking at things that are not related to your ability to safely perform the inherent requirements of the job
the specialist is not given your actual job requirements (as opposed to, for example, a general description of your job), or
the medical assessment is not aimed at working out in an independent way, whether you are able to do your job safely.
- pretty much most major companies try to avoid tax now if they're able to. The problem is that those who are new to this often try to skimp out and do with a low or mid-tier law/accountancy/consultancy firm rather then the established ones which means they don't really know what they're doing and get into enormous trouble with the local tax agency
tax avoidance list
- people don't understand the problem with jobs with no genuine job description or ones that are overly broad. Imagine you apply for a job as a mechanic, doctor, or teacher but your employer tries and pimp you out as a prostitute/gigolo and then you see what the problem is? That's the reason why they've often been ruled as unlawful since such clauses can be open up to abuse. Ironically, a lot of scam centres follow a similar method of recruitment in the organised crime world. This can also be indicative of employers who are lazy and can't be bothered drawing up proper contracts for each position present within their organisation, lack experience in running organisations, etc...
Deuce Bigalow Male Gigolo Movie Official Trailer
legality overly broad job description
legality one line job description
job description illegal
abc uae scam centre
- national security laws, confidentiality clauses, trade secrets clauses, etc... are designed mostly to protect to guard existing establishment. In most organisations, most of the time there aren't any really "massive secrets" to protect and which can't be deduced if you're educated and are worldly. It feels less that they're there to protect the organisation then they are to protect the establishment becase they're designed to protect people from understand the structure of the economy as you move between organisations and that those at the top aren't as just or as brillant or competent as they may otherwise seem
trade secrets law
'I Selected Myself' Ep. 3 Official Clip | Billions | Season 5
"There Is No Money In Helping Poor People" | Aaron Bastani Meets Nick Dearden
chartered company
A chartered company is an association with investors or shareholders that is incorporated and granted rights (often exclusive rights) by royal charter (or similar instrument of government) for the purpose of trade, exploration, and/or colonization.[1]
Inquiry into price gouging and unfair pricing practices
You Can Legally Pay No Taxes by Tom Wheelwright, CPA
The UK tax system is a con | Economics | New Statesman
Warren Buffett: Private Equity Firms Are Typically Very Dishonest
KPMG and Tax Havens for the Rich : The Untouchables - the fifth estate
Senator SPELLS OUT The Brazen Tax-Evasion Of Wealthy
- anti-bribery, anti-corruption, ethics, corporate social responsibility, etc... clauses are more garbage caluses given the impact lobbying has on government decision making. I previously thought that organised crime learnt from normal society or operate relatively isolated from it but once you understand things better you understand that it often works in unison with it
Here's How Australia's SHADOW Government works! | Punter's Politics
Robert Reich: One party is making up excuses, and the other party isn't talking about corruption
The Medellín Cartel and the Cali Cartel both managed to bribe Colombian politicians, and campaigned for both the Conservative and Liberal parties. Although the difference between the two cartels was that the Medellín Cartel used its "money or death" law through a huge army of hitmen, the Cali Cartel preferred to use bribes by having politicians, journalists, police officers, army officers, judges, etc. on its payroll.[58][59] Hence, Escobar and many other Colombian drug lords were pulling strings in every level of the Colombian government because many of the political candidates whom they backed financially were eventually elected.[58] Although the Medellín Cartel was only established in the early 1970s, it expanded after Escobar met several drug lords on a farm in April 1978, and by the end of 1978 they had transported some 19,000 kilograms of cocaine to the United States.[60]
How Cartels Build Billion-Dollar Empires | News on Drugs
Making a Fake Movie to Understand Hollywood's Shady Accounting
Why the West is So Rich?
Prof. Jeffrey Sachs : Donor Class and MIC Impairing the US.
stanford study corporate corruption politics
Corporations, Corruption, and Democracy
Corporations and the Justice System
political lobbying corruption
Chinese brokers launder hundreds of millions for global crime groups | FT Film
How British Merchants "Perfected" Money Laundering
- many solicitation clauses are garbage. Most of the time when work is outsourced contractors come from former employers who worked for one of the larger companies whether that be finance, law, information technology, defense and intelligence, etc... It's very rare that people make it on their own and without help from the current establishment
tea war wikipedia
- ironically, a lot of problems arise when larger companies try to just translate contracts from one particular country and implement them in anothter. In theory, it sounds like an easy way of doing things. In practice, not a great idea because concepts and frameworks which are considered ethical and legal in one country aren't often the same in another
- when you choose a single or small group of law firms to handle things on your behalf or use the same in-house counsel regularly without external oversight you can end up with a cascading effects. Namely, when one you see shenanigans in one part of the organisation it's normally the same in many other parts of the organisation. Do a basic search of an arbitrary company that you suspect may be dodgy but include the words fraud, money laundering, tax avoidance, bribery, corruption, racism, sexual harassment, etc... and you'll often see that they have been convicted multiple times in the past for some form of dodginess. The heavy influence of corporate lobbying and poor regulatory oversight and funding ot it means that when regulators/arbitrators do decide to finally take a look at things they often collapse in heap. This problem is exacerbated by law firms that that rely heavily on just copying templates from one client to another without adequately factoring in changes required. Moreover, just like in a lot of other industries associates/people in the lower rungs of law firms generally do a lot of the "grunt work" while part final oversight is done by more senior partners. If they don't have enough time do do this properly, are just lazy, don't train them properly, etc... that's when things can start to fall apart. The heavy emphasis that some employers they place on ethics/morality during training is often indicative of something "going wrong" in the past
Here's How Australia's SHADOW Government works! | Punter's Politics
Robert Reich: One party is making up excuses, and the other party isn't talking about corruption
The Food Pyramid is a Giant Scam Paid for by Big Corporations
largest corporate collapses
- irrespective of country of origin most companies are of similar dodginess based on what I've seen. They basically try to get away with as much as they can possibly get away with. Only when they're reported and regulators decide to get involved and act in a non-trivial way are things actually done to rectify such behaviour. Given this context it feels like arguments regarding Colonialism being fair/unfair are just different people arguing from different perspectives much of the time?
HYDRAULIC PRESS VS ANVILS OF DIFFERENT COUNTRIES
WHY WERE CHRISTIANS SLAVE OWNERS!?
Hidden Strategies used by the West to keep Africa poor as they develop using Africa's resources |LNN
us share of global gdp trend
The following chart shows U.S. GDP as a percentage of global GDP from 1960 to 2014. For example, in 1960, U.S. GDP was $543 billion and global GDP was $1.367 trillion (based on current U.S. Dollars). Therefore, U.S. GDP was 40% of global GDP ($543 billion / $1.367 trillion). This remained stable for nearly a decade despite the distractions of the drug culture, free love, and a strong anti-establishment sentiment among American youth. In 1969, U.S. GDP was still producing 38% of global GDP, but the winds of change were beginning to blow. From 1968 to 1980, a period that included racial unrest, excessive inflation, the misery index, an oil embargo, gasoline shortages, auto manufacturing innovations (i.e. technology), and a host of social and economic challenges, the global significance of the U.S. economy had sharply declined. By 1980, America's contribution to the global economy had fallen to 26%. Enter President Reagan and supply-side economics.
During the first term of the Reagan administration, America's economic role in the world increased substantially, rising to 34% of global GDP by 1985. This was followed by another period of decline, which didn't improve until President Clinton's second term. By the time Clinton left office, U.S. contribution to global GDP was 32%. It was downhill from there. Today, U.S. GDP contributes only 22% of the world's economic output. What happened? Why has America's role in the global economy declined nearly 50% since 1960?
uk share of global gdp
france share global gdp trend
russia share of global gdp trend
- many consulting employment contracts seem to not really have a genuine understanding of how the real world works? They try to limit contact between consultants and clients to only a few people but clients generally have preferences of whom they want to work with irrespective of what people higher up want. If it's a flawed meritocracy/heirarchy it makes things easier and if the people higher up aren't qualified or able to facilitate normal operational and strategic planning this is the only real way to ensure that things run optimally. I understand the theoretical differences between different organisational structures and socio-economic systems and only in the workplace do you begin to understand whether or not things work well one or the other. Higher performers generally require less coaching, training, discipline, etc... while it's the opposite for those who won't do so well and require a more hierarchal structure
'Everything you tell HR is confidential.'
That's the biggest lie in corporate America.
An employee told HR about harassment last week.
By Friday, her 'performance issues' suddenly appeared.
After years of helping companies handle HR issues and now fighting for employees, here's what you need to know:
HR is like talking to the police: Everything you say can and will be used against you.
4 lies HR tells employees:
1. "We're here to listen"
Translation: We're gathering evidence
2. "This is a safe space"
Translation: For the company, not you
3. "We take this very seriously"
Translation: We're building our defense
4. "We'll investigate thoroughly"
Translation: We'll find ways to discredit you
🚨 Real story: An employee reported harassment.
HR invited her to "share everything." She did.
Two months later, HR and her manager twisted her words:
"You admitted to feeling anxious, so maybe you misinterpreted the jokes."
"You said you felt less confident—perhaps this isn't the right role for you."
"You noted feeling distracted—this could explain your recent mistakes."
Their narrative? She wasn't being harassed. She just "couldn't handle the job."
Don't let this be you.
3 rules for protecting yourself:
1. Document everything (Keep a daily journal of incidents)
2. Be strategic with HR (Only share what's necessary, in writing)
3. Know your rights (Before, not after, you need them)
Remember: HR's job isn't to be your friend.
It's to protect the company.
From you.
hashtag#employmentlaw hashtag#humanresources hashtag#californialaw hashtag#womeninlaw
- intellectual property clauses are often way overboard and they try to include stuff that is even done outside of work and not on workplace systems. This has been ruled on many times but employers still just don't get it?
intellectual property enforcement legality
I also don't have any problem with a company wanting to protect itself from being screwed by a former employee who wants to take back all the work he's ever done for the company when he quits or is fired, either if that means taking it back by lawsuit, or by sabotage. I don't have a problem with a company wanting to keep former employees from taking its customer database or patented ideas or other things to its competitors. IntellectualProperty agreements can protect the employer from such situtations and if I were an employer I would want to be protected, too.
But some IP agreements are evil. It seems that every company wants to get every new hire to sign a contract which says, basically, "All your brains are belong to us." [Note to the person who attempted to correct the poor English in this quote by removing the word "are", the poor English is intentional. Please read: AllYourBaseAreBelongToUs for an explanation.]
"Did the employment contract include giving the company rights to works created outside the scope of employment? I am not a lawyer, but I think that if this is not the case, then as long as what you do on your own time doesn't relate in any way to what the company does or what you do for the company, you should own the work you create. -- MichaelJames" [If this is incorrect, correct me on this page please.]
employee intellectual property legality too broad
While an overly extensive restraint clause can be taxing for an employer to enforce legally, the threat of litigation is genuine and could:
- drain your well-earned capital; or
- damage your reputation.
Fortunately, these clauses will not likely establish ownership over your intellectual property. This is particularly true if you create the idea or work in your spare time without using your employer's resources. Nevertheless, to ensure such a clause does not bind you, look for any provisions dealing with intellectual property after employment.
- most organisations preach equal opportunity but in reality you'll see mostly the same style/type of people being hired and the same style/type of people being promoted as well
which employers are known to employ disabled people
are disabled people physically weaker
Key facts
An estimated 1.3 billion people experience significant disability. This represents 16% of the world's population, or 1 in 6 of us.
Some persons with disabilities die up to 20 years earlier than those without disabilities.
Persons with disabilities have twice the risk of developing conditions such as depression, asthma, diabetes, stroke, obesity or poor oral health.
Persons with disabilities face many health inequities.
Persons with disabilities find inaccessible and unaffordable transportation 15 times more difficult than for those without disabilities.
Health inequities arise from unfair conditions faced by persons with disabilities, including stigma, discrimination, poverty, exclusion from education and employment, and barriers faced in the health system itself.
will employers hire disabled people
About one in six Australians have a disability and, with only 53% of working-age Australians with disabilities employed compared to 83% of those without disabilities, they're an undervalued source of talent for workplaces of all sizes.
Research shows most employers in Australia are open to hiring people with disability, but many lack the confidence to do so.
racial bias hiring cases
- most employers and employees will find themselves in breach of contract multiple times over the duration of their employment contract. It's often because the contract isn't written well, may be trying to do just too much, doesn't account for changes in business circumstances, or may even be in contradiction to the best interests of the company in question?
- given the nature of society at times it feels like many employment contracts are attempts at subtly intimidating employees into submission but most employees don't realise that many clauses are unlawful and unenforceable in the real world. It's a modern day attempt at codifying slavery in a more covert fashion. It's tragic if you fall for it because you stand to lose so much as an employee if you believe it. Think of it this way, if person A writes a contract saying they indemnify person B if they were to deliberately kill them or sell them something dodgy this doesn't make it legal in most jurisdictions, you'd still be subject to the law of the land in question
can you choose jurisdiction of employment contract
Random Stuff:
- as usual thanks to all of the individuals and groups who purchase and use my goods and services
- latest in science and technology
Chimpanzee cured of hepatitis C using medicine made for humans
- latest in finance and politics
- latest in defense and intelligence
- latest in animal and environmental news
- latest in music and entertainment
Random Quotes:
- Arbery's death in the coastal city of Brunswick, captured in a video that has gone viral, was the latest killing of an unarmed black American, galvanising activists who say the death highlights deeply rooted racism in the country.
- Through no fault of their own, the blunt collision of the commercial world with the rarefied inner sanctum of the royal family is a minefield that no senior or former senior member of the House of Windsor has ever managed to successfully navigate.
Prince Edward's production company was dissolved with about $70 left in the bank; Sophie Countess of Wessex shuttered her PR firm after a press debacle; and Prince Andrew's trade envoy role was plagued by controversy not to mention his penchant for expenses paid travel earned him the less than edifying sobriquet 'Airmiles Andy'.
(Royal biographer Ingrid Seward, in a new book about Prince Philip, writes of Prince Andrew that he "would have done well to heed his father's warnings of the dangers of being used, especially by what Philip described as 'seedy billionaires' looking for a pet royal to elevate their own status.")
Perhaps there can be no greater cautionary tale about the dangers of royalty and mammon mixing than the sight of Sarah, Duchess of York on TV in the United States peddling an $80 juicer in 2015, with money woes having plagued the beleaguered royal for more than two decades.
For Harry and Meghan, striking a balance between (potentially crass) commercialism and maintaining their altruistic pedigree was always going to be a fraught, highwire act. And no matter how they deal with the current headaches that have arisen over the last few days, this is an issue that is likely to plague their royal careers.
Prince Harry now needs to tread the line between being a royal and making money, something no senior royal has ever navigated successfully.
- As well as the increased sugar load contributing to weight gain, studies have shown that if a man drinks one or two glasses of soft drink a day, that couple's fertility will be reduced by up to 33 per cent.
...
"If a man is drinking more than about 10 glasses of alcohol a week, particularly if he's binge drinking, then he's potentially affecting his sperm quality," Dr Clark says.
Alcohol may affect sperm quality by increasing oestrogen production in the liver, as well as poisoning cells in the testes.
And while we tend not to think of alcohol as a poison, it can be toxic at high doses.
Smoking is thought to cause around 13 per cent of infertility.
"Wherever blood goes, the toxic things in cigarettes goes, so as the sperm grow and develop, they do so in a toxic swamp," Dr Clark says.
"In particular, this links back to DNA fragmentation, which also increases the risks of the resulting child developing diseases early in life, particularly a four-times-increased risk of cancer in childhood."
- There are several types of rapists. There is the opportunistic rapist, who seizes any chance for sexual gratification, such as the loss of self-control on the part of their victim under the influence of alcohol.
Another type is sadistic rapist, whose motivation is to humiliate and degrade victims.
The vindictive rapist has anger and aggression focused directly toward women. Such a rapist believes he is permitted to sexually attack women because he feels he has been hurt, rejected or wronged by women in the past.
Rapists often deny having raped their victims and freqently try to justify their actions. Men who admit rape often try to find excuses for what they have done.
Sexual assault is an inexcusable act of violence and a criminal offense. Unfortunately, a lot of the victims remain silent to avoid stigmatization and being blamed by society, while their rapists are free to look for another victim.
This article deals with men raping adult women, not children, or about any other form of sexual abuse.
- Gary Woodland, the defending champion, is among those to shrug off the likely menace of Winged Foot. "You enjoy it," Woodland said. "You look forward to it. It's not every week we see this. I think a lot of guys will be looking forward to getting back to some typical setups in the next coming weeks and making a lot of birdies.
"But you look forward to the challenge. This isn't the norm. But you want to prove that whoever has the best game this week is going to win, and that's not every week that the best player wins. This week, top to bottom, whoever is playing the best is going to win this golf tournament. And you want that to be yourself. That's what you work for. That's what you strive for."
No they would not as the radar horizon would prevent S-400 from seeing them until they were getting higher than 10,000ft. For 400 km range those Rafales would need to get to ovet 30,000ft before being seen by S-400 radars. Of course the max effective range of any SAM system is not the effective range against small and agile fighter aircraft. It's usually about half of the max range unless target is completely surprised by the missile shot and I doubt that will happen with Rafale.
Sure S-400 (or any modern long range SAM system) is a serious threat to any 4th gen fighter, but it's not a Death Star or something like that. I'd say that if Turkey got their F-35s, then Rafale would be pretty much irrelevant. Against S-400, it has more options with cruise missiles and low level flight profiles. Rafale also has very good chances against current Turkish aircraft. Also Greece could use their ATACMS rockets against S-400s, so the Turkish would likely keep their S-400s a bit further away to avoid losing them.
- Twenty years ago, health professionals in North America, Europe, Australia and New Zealand launched campaigns to encourage parents to place babies on their backs to sleep, as a way to reduce deaths from Sudden Infant Death Syndrome, also known as cot death. By 2002, the campaigns had paid off. In the US, the proportion of parents placing infants on their back to sleep had risen from 13% to 72% - and the number of deaths from SIDS had halved, to just 6 babies in every 10,000.
- There are techniques that can be employed for cannabis farmers to improve their carbon footprint, says Dr Corva. Namely, both dry farming and companion planting.
Dry farming is all about growing crops in a dry climate, without water or an irrigation system in place. It's better for the environment because it doesn't use up precious water reserves in regions where water is scarce, especially during a drought.
Companion planting is when you plant different crops together, which complement each other and mutually benefit from each other. For instance, beans and corn. Beans love climbing the tall corn stalks, and corn appreciates the nitrogen provided by the beans. Another example is chives and lettuce, as chives repel insects that are naturally attracted to leafy greens. This growth method often means that the quality of crops can be higher, but more importantly it prevents the need for pesticides, as some plants naturally repel the insects that eat their companion plant.
But ultimately, Dr Corva concludes, a total ban on large-scale cannabis cultivation is the only way to tackle the environmental crisis. The harmful methods being used en masse are destroying our land.
So far the ecological impact of cannabis farming is yet to be fully understood in the UK market, but if the US is anything to go by, we should be thinking about this sooner rather than later. With a stronger emphasis on green policies and potential legalisation in sight, we could limit environmental destruction significantly, say experts.
- How can I be so certain? Because some years ago a group of researchers broke the Buffett Code. They devised a mechanical investing strategy that would have done every bit as well as Buffett over the long term. It is testament to Buffett's accomplishments that it took many researchers many attempts over many years before they figured out the Oracle of Omaha's secrets.
The researchers who succeeded were three principals at AQR Capital Management, each of whom has strong academic credentials: Andrea Frazzini; David Kabiller, and Lasse Pedersen. The study, entitled "Buffett's Alpha", began circulating in academic circles in early 2012. (Berkshire Hathaway did not respond to an email seeking comment about this study.)
The exact specifics of the formula the researchers derived are beyond the scope of this column. In general it focuses on what might be called "cheap, safe stocks." The formula favors issues that have low price-to-book-value ratios, have exhibited below-average volatility, and are from companies whose profits have been growing at an above-average pace and pay out a significant portion of their earnings as dividends.
One mutual fund that perhaps comes closest to employing the formula the researchers derived is offered, not surprisingly, by AQR: The AQR Large Cap Defensive Style Fund AUEIX, -1.00% . The fund's inception was in July 2012, soon after the research was completed.
The researchers don't expect their formula to replicate a portfolio that is identical to Berkshire Hathaway's stock holdings, by the way. But, based on the researchers' results, it should produce a list of stocks that are similar to those Berkshire has owned over the years — similar both in terms of characteristics as well as long-term performance.
An example is Kraft Heinz KHC, -2.93% , which was one of the stocks the fund invested in when it was formed. At the time Berkshire Hathaway had no position in the stock. Not long after, Buffett announced that his company had acquired a 50% stake in Heinz.
That's just one data point, of course. But since inception, the AQR fund has produced a 14.4% annualized return versus 12.5% for Berkshire Hathaway stock, according to FactSet. Both of these returns reflect the reinvestment of dividends.
- Yet the bill persists. This can only be a continuation of the mindset revealed when we all discovered former minister for education, Simon Birmingham, rejected grants for research he didn't like the look of, well after the expert panel thought those grants should be funded. The university sector knew then this government wanted to wage a war against higher education. In 2017, when Birmingham's reforms were on the table and then defeated, it had notice worse was coming.
Instead, the sector is sitting by, hoping October 6, Budget Day, will save it. Every single institution fears retribution and so will not speak up. Every single segment of the higher ed market, from the Group of Eight to regional and rural universities is being bought off by promises, promises, few enshrined in the enabling legislation. That research money. That special funding for regional unis. This small change and that small change.
https://www.smh.com.au/national/australian-universities-cower-as-disaster-looms-20200920-p55xh6.html
- Ellie Arroway : Is this some test?
Alien : No, no tests...
[alien disguised as her father holds Ellie's hand]
Alien : you have your mother's hands... You're an interesting species, an interesting mix. You're capable of such beautiful dreams and such horrible nightmares. You fell so lost, so cut off, so alone, only you're not. See, in all our searching, the only thing we found that makes the emptiness bearable, each other.
Ellie Arroway : What happens now?
Alien : [he stands up] Now, you go home.
Ellie Arroway : [she stands up] Home? But I have so many questions, do we get to come back?
Alien : This was just a first step. In time you'll take another.
Ellie Arroway : But other people need to see what I've seen, they need to see...
Alien : This is the way it's been done for billions of years. Small moves, Ellie. Small moves.
- The conclusion that can be drawn from Yefremov's words is that Russian scientists began developing hypersonic technologies sometime between 1974 and 1981 – when ex-President Obama was a teenager.
And their work wasn't in vain, as last year Russia's Avangard became the first hypersonic weapon to be fielded by any military in the world. The country's other hardware, capable of traveling many times faster than the speed of sound, includes the Kinzhal (Dagger) cruise missile and Zircon anti-ship missile, which is now undergoing tests.
Vladimir Putin said that unparalleled hypersonic weapons have changed the status quo in Russia's favor. The country had been playing catch up with the US since the Cold War in terms of military technology, but "now they are chasing after us, trying to catch up," the president pointed out.
However, his US counterpart, Donald Trump, during a recent campaign rally in Minnesota, insisted that Russia was able to build its "super-duper-hypersonic missile" only because it "got that information from the Obama administration, Russia stole that information."
The claims weren't backed up by any evidence. Trump also added that the US has its own hypersonic missile, which is allegedly "much faster" than the Russian one.
