You are on page 1of 9

‘UL,VRSDQLVDG

,QWURGXFWLRQ

7R REWDLQ SHUIHFW NQRZOHGJH RQH PXVW WDNH VKHOWHU RI WKH 9HGDV

7KH IRXU GHIHFWV SUHYHQW DQ\ FRQGLWLRQHG VRXO IURP SHUIHFW NQRZOHGJH

7KUHH W\SHV RI (YLGHQFH


6DEGD y VRXQG y WKH GHVFHQGLQJ SURFHVV

3UDW\DNVD y GLUHFW HYLGHQFH

$QXPDQD y LQGXFWLYH y DVFHQGLQJ SURFHVV

,QYRFDWLRQ

$ 7KH 3HUVRQDOLW\ RI *RGKHDG LV WKH FRPSOHWH UHDOLVDWLRQ RI WUDQVFHQGHQFH


7KUHH IHDWXUHV RI WKH $EVROXWH 7UXWK

L %UDKPDQ z VDW HWHUQLW\

LL 3DUDPDWPD z FLW HWHUQLW\ DQG NQRZOHGJH

LLL %KDJDYDQ z DQDQGD HWHUQLW\ NQRZOHGJH DQG EOLVV

% 7KH SRWHQFLHV RI WKH 6XSUHPH 3HUVRQDOLW\ RI *RGKHDG DUH DOVR FRPSOHWH

7KH PDWHULDO XQLYHUVH DQ HPDQDWLRQ RI .psmD LV GHVLJQHG WR EH VHOIFRQWDLQHG

EHFDXVH LW SURGXFHV DOO QHFHVVDU\ LWHPV IRU WKH PDLQWHQDQFH RI WKH XQLYHUVH

& 7KH MLYD VRXOV DUH FRPSOHWH LQ UHODWLRQVKLS ZLWK .psmD

:KHQ WKH FRQGLWLRQHG VRXO GHFLGHV WR GHGLFDWH KLPVHOI WRZDUGV UHDOLVLQJ WKH $EVROXWH

7UXWK FRPSOHWH IDFLOLW\ LV JLYHQ WR KLP E\ 6UL .psmD GLUHFWO\

0DQWUD2QH

$ 9HGLF NQRZOHGJH LV WUDQVFHQGHQWDO DSDXUXVH\D DQG LV WUDQVIHUUHG WKURXJK WKH


GLVFLSOLF VXFFHVVLRQ ,W LV WKXV DERYH WKH IRXU GHIHFWV

% %HLQJ WKH RULJLQ RI DOO HQHUJLHV WKH /RUG LV WKH SURSULHWRU RI DOO WKLQJV

v7KH URRW RI VLQ LV GHOLEHUDWH GLVREHGLHQFH RI WKH ODZV RI QDWXUH WKURXJK GLVUHJDUGLQJ

WKH SURSULHWRUVKLS RI WKH /RUGw

0DQWUD7ZR

:RUN LV LQHYLWDEOH IRU DOO OLYLQJ EHLQJV $FWLQJ DFFRUGLQJ WR SUHVFULEHG GXWLHV DOORZV RQH

WR HQJDJH LQ KLV QDWXUDO WHQGHQF\ IRU ZRUN EXW VWLOO DYRLG HQWDQJOHPHQW LQ NDUPD
EDQGKDQD

2QH PD\ GHVLUH WR DWWDLQ WKH SODWIRUP RI QDLVNDUP\D RU DNDUPD EXW GXH WR

FRQGLWLRQLQJ LV QRW UHDG\ WR DFW RQ WKDW SODWIRUP 6XFK D SHUVRQ PXVW SHUIRUP WKH

SUHVFULEHG GXWLHV PHQWLRQHG LQ WKH 9HGDV WR JUDWLI\ KLV FRQGLWLRQHG QHHGV LQ D UHOLJLRXV

ZD\ 7KDW ZLOO OHDG KLP WR WKH VWDJH RI DNDUPLF DFWLYLW\

60
,Q D VLPLODU ZD\ RQH VKRXOG OHDUQ WKH DUW RI FRQQHFWLQJ SKLODQWKURSLF DFWLYLWLHV RI

H[WHQGHG VHQVH JUDWLILFDWLRQ vLVPVw ZLWK WKH /RUGuV VHUYLFH 7KLV WRR ZLOO XOWLPDWHO\

OHDG WR WKH VWDJH RI DNDUPD

0DQWUD7KUHH

$ 7KH KXPDQ OLIH LV GHVLJQHG WR EH D YHKLFOH IRU WKH ZD\ZDUG VSLULW VRXO WR FRPH WR
IXOO FRQVFLRXVQHVV

8QOLNH DQLPDOV ZKRVH OLYHV DUH VLPSO\ D VWUXJJOH IRU PDLQWHQDQFH KXPDQ EHLQJV DUH

JLYHQ IDFLOLW\ WR LQTXLUH DERXW WKH QDWXUH RI UHDOLW\ :KHQ RQH GHQLHV WKLV SULPH GXW\ RI

LQTXLU\ LQVWHDG OLYLQJ VLPSO\ WR IHHG DQG HQMR\ WKH ERG\ WKHQ KH LV QRWKLQJ PRUH WKDQ

D SROLVKHG DQLPDO

% )XUWKHUPRUH KH LV D vNLOOHU RI WKH VRXOw DWPDKD  DV KH FRYHUV RYHU WKH WUXH


QDWXUH RI KLV HWHUQDO VHOI

6XFK SHRSOH PXVW VWUDLQ YHU\ KDUG OLNH DQLPDOV MXVW WR UHFHLYH PLQLPDO ERGLO\ FRPIRUWV

GXULQJ WKHLU OLIHWLPH $W GHDWK DOO RI WKHLU ZRUN LV UXLQHG DQG LW VLPSO\ OHDGV WR D ORZHU

ELUWK LQ WKHLU QH[W OLIH

0DQWUD)RXU

$ ‘UL .psmD LV HWHUQDOO\ LQ +LV WUDQVFHQGHQWDO DERGH \HW +H LV VLPXOWDQHRXVO\


H[SDQGHG WKURXJKRXW FUHDWLRQ E\ +LV DOOSHUYDVLYH HQHUJ\

7KH /RUG
V LQILQLWH HQHUJLHV DUH GLYLGHG LQWR WKUHH PDLQ FDWHJRULHV

L LQWHUQDO SRWHQF\ PDQLIHVWV WKH VSLULWXDO ZRUOG

LL PDUJLQDO SRWHQF\ PDQLIHVWV WKH MLYD VRXOV

LLL H[WHUQDO SRWHQF\ PDQLIHVWV WKH PDWHULDO ZRUOG

% 7KH3HUVRQDOLW\RI*RGKHDGFDQQRWEHXQGHUVWRRGE\WKHDVFHQGLQJ
SURFHVVEXWFDQEHNQRZQE\+LVGHYRWHHVE\+LVPHUF\
7KH /RUG FDQ EH NQRZQ E\ RQH ZKR KDV DGRSWHG D VXEPLVVLYH DWWLWXGH

0DQWUD)LYH

$ $WWHPSWV DW XQGHUVWDQGLQJ WKH 6XSUHPH PXVW ILUVW WDNH LQWR DFFRXQW +LV
LQFRQFHLYDEOH SRWHQFLHV

7KH /RUG KDV LQFRQFHLYDEOH SRWHQFLHV DQG LV WKXV ERWK SHUVRQDO DQG LPSHUVRQDO DW WKH

VDPH WLPH v7KH %KDJDYDWDV NQRZ WKDW ZLWKRXW LQFRQFHLYDEOH SRWHQFLHV WKHUH FDQ EH

QR PHDQLQJ WR WKH ZRUGV v6XSUHPH /RUGw 6XFK LQFRQFHLYDEOH SRWHQFLHV DUH SURYHQ

E\ GHVFULSWLRQV LQ VDVWUD ZKLFK DSSHDU FRQWUDGLFWRU\ WR WKH PXQGDQH SHUVSHFWLYH

7ZR 0D\DYDGL DUJXPHQWV FDQ EH GHIHDWHG E\ WKLV YHUVH WKDW *RG LV D PRUWDO EHLQJ

DQG WKDW +H FRPHV EHIRUH XV ZLWK D ERG\ SURGXFHG RI PDWWHU v7KHVH DUJXPHQWV DUH

QXOOLILHG LI ZH DFFHSW WKH H[LVWHQFH RI WKH /RUGuV LQFRQFHLYDEOH SRWHQFLHV 7KHQ ZH ZLOO

XQGHUVWDQG WKDW HYHQ LI WKH /RUG DSSHDUV EHIRUH XV LQ WKH IRUP RI PDWHULDO HQHUJ\ LW LV

TXLWH SRVVLEOH IRU +LP WR FRQYHUW WKLV HQHUJ\ LQWR VSLULWXDO HQHUJ\ 6LQFH WKH VRXUFH RI

WKH HQHUJLHV LV RQH DQG WKH VDPH WKH HQHUJLHV FDQ EH XWLOLVHG DFFRUGLQJ WR WKH ZLOO RI

WKHLU VRXUFHw

61
% 7KH /RUGuV SRWHQFLHV PDNH +LP VLPXOWDQHRXVO\ QHDU DQG IDU

7KH /RUG LV DOZD\V QHDU WR WKH VXUUHQGHUHG GHYRWHH DV KH UHYHDOV +LV SUHVHQFH WR

WKHP +H LV IDU DZD\ IURP WKH QRQEHOLHYHUV WKRXJK DV +H FRYHUV +LPVHOI IURP WKHLU

YLVLRQ

.psmDuV PDQLIHVWDWLRQ DV WKH DUFDYLJUDKD LV DQ H[DPSOH RI KRZ +H XVHV +LV

LQFRQFHLYDEOH SRWHQFLHV WR PDQLIHVW +LPVHOI WR WKH YLVLRQ RI WKH GHYRWHHV

& 7KH /RUG LV VLPXOWDQHRXVO\ LQVLGH DQG RXWVLGH RI WKH FUHDWLRQ

7KH /RUG LV ZLWKLQ DOO WKLQJV DV WKH 6XSHUVRXO H[SDQVLRQ +H LV ZLWKLQ WKH KHDUWV RI DOO

OLYLQJ EHLQJV DQG LQ HYHU\ DWRP 7KH /RUG LV RXWVLGH RI DOO WKLQJV DV WKH YLUDWUXSD WKH

XQLYHUVDO IRUP ZKLFK FRQWDLQV DOO VSDFH DQG WLPH LQ WKH FRVPRV

0DQWUD6L[

$ 5HDOLVDWLRQ RI .psmDuV SUHVHQFH WDNHV SODFH LQ WKUHH VWDJHV

NDQLVWKDDGKLNDUL 7KLV LV WKH ORZHVW VWDJH RI ZRUVKLS ZKHUH RQH LV D PDWHULDOLVWLF

GHYRWHH WU\LQJ WR DGYDQFH 6XFK D GHYRWHH ZRUVKLSV WKH /RUG DW D WHPSOH HWF

DFFRUGLQJ WR WKH UXOHV RI ZRUVKLS +H FDQ RQO\ DSSUHFLDWH WKH /RUG


V SUHVHQFH DW WKH

SODFH RI ZRUVKLS DQG QRZKHUH HOVH +H GRHV QRW KDYH WKH DELOLW\ WR GLVFULPLQDWH WKH

DGYDQFHPHQW RI RWKHUV LQ GHYRWLRQDO UHDOLVDWLRQ

PDGK\DPDDGKLNDUL 7KLV LV WKH VHFRQG OHYHO ZKHUH RQH KDV WKH GLVFULPLQDWLRQ WR

PDNH GLVWLQFWLRQV EHWZHHQ IRXU FDWHJRULHV RI EHLQJV

L WKH /RUG ZKRP KH DGRUHV

LL WKH GHYRWHHV ZLWK ZKRP KH PDNHV IULHQGV

LLL WKH LQQRFHQW ZKRP KH WULHV WR JLYH WKH VHHG RI GHYRWLRQ

LY WKH DWKHLVWV ZKRP KH DYRLGV

XWWDPDDGKLNDUL ,Q WKLV VWDJH WKH KLJKHVW LQ GHYRWLRQDO VHUYLFH WKH GHYRWHH VHHV DOO

WKLQJV LQ UHODWLRQ ZLWK WKH /RUG +H GRHV QRW GLVFULPLQDWH EHWZHHQ RWKHUV GXH WR ERGLO\

W\SH RU HYHQ EHOLHIV EXW UDWKHU VHHV WKHP DOO DV SDUW DQG SDUFHO RI .psmD $FFRUGLQJO\

KH WULHV WR KHOS WKHP DGYDQFH IURP WKHLU UHVSHFWLYH OHYHOV RI FRQVFLRXVQHVV

0DQ\ SHRSOH DUWLILFLDOO\ WU\ WR LPLWDWH WKH V\PSWRPV RI DQ XWWDPDDGKLNDUL E\ IODXQWLQJ

VRPH VHQWLPHQWDO VHQVH RI RQHQHVV RQ D PDWHULDO OHYHO 6XFK SHRSOH DUH QRW TXDOLILHG

WR WHDFK RWKHUV DERXW VSLULWXDO YLVLRQ DV WKH\ DUH FRPSOHWHO\ XQUHDOLVHG RQ WKH PDWWHU

2QH PXVW DSSURDFK WKH XWWDPDDGKLNDUL IRU DFWXDO NQRZOHGJH DERXW XQLYHUVDO

EURWKHUKRRG :LWKRXW GRLQJ VR KH UHPDLQV RQ WKH PDWHULDO SODWIRUP ZLWK QR LQIRUPDWLRQ

DERXW WKH VSLULWXDO ZRUOG

% 9LHZLQJ UHDOLW\ LQ WKH SURSHU SHUVSHFWLYH LQYROYHV IROORZLQJ WKH SUHYLRXV DFDU\DV

7KH 6DQVNULW ZRUG GHVFULELQJ RXU PHWKRG RI VHHLQJ LV DQXSDV\DWL vWR REVHUYH E\

IROORZLQJw 5HDO YLVLRQ LV QRW GHSHQGHQW RQ RQH


V EOXQW PDWHULDO H\HVLJKW EXW LV WR KHDU

GHVFULSWLRQV RI UHDOLW\ IURP WKRVH ZKR KDYH D VXSHULRU DQJOH RI YLVLRQ

62
0DQWUD6HYHQ

$ 6SLULWXDO RQHQHVV LV RI TXDOLW\ DQG LQWHUHVW

7KH RQHQHVV RI WKH /LYLQJ HQWLWLHV DQG WKH /RUG LV TXDOLWDWLYH QRW TXDQWLWDWLYH 7KLV

PHDQV WKDW WKH OLYLQJ HQWLW\ LV RQH ZLWK WKH /RUG DV WKH\ DUH ERWK VSLULW EXW WKH OLYLQJ

HQWLW\ LV QHYHU HTXDO WR WKH /RUG LQ DOO UHVSHFWV 7KHUH DUH WZR DQDORJLHV LQ WKLV UHJDUG

L WKH VSDUNV DQG WKH ILUH WKH VSDUNV RI ILUH DUH WKH VDPH TXDOLW\ DV WKH PDLQ ILUH

EXW DUH PXFK VPDOOHU LQ SRWHQF\

LL WKH GURS RI RFHDQ ZDWHU DQG WKH ZKROH RFHDQ WKH GURS RI RFHDQ ZDWHU KDV

SURSRUWLRQDWH TXDOLWLHV VDOW FRQWHQW HWF DV WKH ZKROH RFHDQ EXW LV YDVWO\

VPDOOHU

7R SURYH WKLV SRLQW 6ULOD 3UDEKXSDGD VWDWHV v,I WKH LQGLYLGXDO OLYLQJ EHLQJ ZHUH HTXDO

WR WKH 6XSUHPH /RUG ERWK TXDOLWDWLYHO\ DQG TXDQWLWDWLYHO\ WKHUH ZRXOG EH QR TXHVWLRQ

RI KLV EHLQJ XQGHU WKH LQIOXHQFH RI WKH PDWHULDO HQHUJ\w

% (NDWYDP RU WKH RQHQHVV RI WKH OLYLQJ HQWLW\ DQG WKH /RUG DOVR LQGLFDWHV LQ D
EURDGHU VHQVH WKH RQH LQWHUHVW RI DOO OLYLQJ HQWLWLHV

$V FKLOGUHQ RI WKH VDPH )DWKHU WKHUH LV RQH XQLYHUVDO IDPLO\ 2QO\ E\ DFWLQJ LQ WKLV

UHODWLRQVKLS SODFLQJ .psmD LQ WKH FHQWUH FDQ WKH VRXO DFKLHYH SXUH VSLULWXDO KDSSLQHVV

LQ UHODWLRQVKLS ZLWK WKH /RUG

0DQWUD(LJKW

$ 7KH /RUG KDV D WUDQVFHQGHQWDO IRUP WKDW LV XQOLNH WKH IRUP RI WKH PDWHULDOO\
HPERGLHG HQWLW\

7KH /RUG LV GHVFULEHG DV DVQDYLUDP ZLWKRXW YHLQV +LV IRUP LV QRW WHPSRUDU\ EXW LV

QRQGLIIHUHQW IURP +LPVHOI %HFDXVH WKH /RUG LV QRW GLIIHUHQW IURP +LV VHQVHV ERG\

PLQG VRXO HWF HDFK RI +LV OLPEV LV FDSDEOH RI SHUIRUPLQJ WKH IXQFWLRQV RI WKH RWKHUV

7KH /RUG LV GHVFULEHG DV XQHPERGLHG DND\DP  7KLV HPSKDVLVHV WKH SRLQW WKDW WKH

/RUG GRHV QRW DVVXPH D PDWHULDO ERG\ OLNH WKH IDOOHQ VRXOV 5DWKHU KLV IRUP LV VDFFLG
DQDQGD

% 7KH /RUG IXOILOOV WKH GHVLUHV RI HYHU\RQH

7KH /RUG IXOILOOV WKH GHVLUHV RI VLQFHUH GHYRWHHV E\ DFFHSWLQJ WKHP LQWR +LV DVVRFLDWLRQ

DQG +H IXOILOOV WKH PDWHULDO GHVLUHV RI LOOXVLRQHG FRQGLWLRQHG VRXOV DFFRUGLQJ WR WKHLU

NDUPLF TXDOLILFDWLRQ

& .psmD LV WKH VXSUHPH SXULI\LQJ DJHQW

7KH /RUG LV GHVFULEHG DV VXGGKDP DQWLVHSWLF DQG DSDSDYLGGKDP SURSK\ODFWLF  +H

LV XQGHUVWRRG DV VXGGKDP EHFDXVH +LV WRXFK FDQ SXULI\ WKH PRVW LPSXUH WKLQJV ZKLOH

+H DOZD\V UHPDLQV SXUH +H LV DSDSDYLGGKDP EHFDXVH WKH PRVW LPSXUH SHUVRQ FDQ

EH FRQVLGHUHG SXUH LI KH LV HQJDJHG LQ WKH /RUG


V VHUYLFH DV VXFK VHUYLFH TXLFNO\

UHFWLILHV KLP

63
0DQWUD1LQH

$ ,JQRUDQFH LV GDQJHURXV EXW HYHQ ZRUVH LV PLVJXLGHG NQRZOHGJH

9LG\D NQRZOHGJH LV WR NQRZ WKH VXSUHPH SURSULHWRUVKLS RI WKH /RUG $YLG\D


LJQRUDQFH OHDGV RQH WR GDUNQHVV DV RQH LQ LJQRUDQFH ZLOO DFW LQ GLVKDUPRQ\ ZLWK WKH

/RUG
V FUHDWLRQ

,JQRUDQFH WKDW LV GLVJXLVHG DV NQRZOHGJH LV ZRUVH KRZHYHU EHFDXVH LW JLYHV RQH WKH

LOOXVLRQ RI DGYDQFHPHQW ZLWKRXW JLYLQJ KLP DQ\ VSLULWXDO HQOLJKWHQPHQW 6XFK LV WKH

PRGHUQ VLWXDWLRQ ZKHUH RQ D PDVV VFDOH SHRSOH DUH HGXFDWHG WR EHOLHYH WKDW VHQVXDO

JUDWLILFDWLRQ LV WKH JRDO RI OLIH

$QDORJ\ 6XFK HGXFDWLRQ LV OLNH D MHZHO RQ WKH KHDG RI D FREUD z YHU\ DWWUDFWLYH \HW

XOWLPDWHO\ GDQJHURXV

% :RUVH WKDQ PDWHULDOLVWV DUH SVHXGRVSLULWXDOLVWV ZKR PLVOHDG RWKHUV DERXW WKH
WUXH FRQFOXVLRQV RI VDVWUD

9HGDYDGDUDWD 6XFK SHRSOH FODLP WR EH VFKRODUV RI WKH 9HGDV EXW GR QRW DSSURDFK

WKH 9HGDV WKURXJK WKH GLVFLSOLF VXFFHVVLRQ 7KH\ LQVWHDG FRQFRFW WKHLU RZQ

XQGHUVWDQGLQJ 7KHUHIRUH WKH\ PLVV WKH WUXH JRDO RI WKH 9HGDV ‘UL .psmD 9HGDYDGD
UDWDV SUHIHU WR EHOLHYH WKDW WKH JRDO RI WKH 9HGDV LV VHQVH JUDWLILFDWLRQ E\ HOHYDWLRQ WR

KLJKHU SODQHWV 'XH WR WKHLU JURVV PLVXQGHUVWDQGLQJ WKH\ IDOO GRZQ

0D\D\DSDKUWDMQDQD 7KHVH SHRSOH DUH SXIIHG XS E\ PDWHULDO DFFXPXODWLRQ RI

NQRZOHGJH DQG WKLQN WKHPVHOYHV *RG 7KH\ GR QRW FRQVLGHU KRZ v*RGw FRXOG EH

RYHUSRZHUHG E\ WKH PDWHULDO HQHUJ\ DV WKH\ DUH

0DQWUD7HQ

$ 7UXH NQRZOHGJH LV WKH SURFHVV E\ ZKLFK RQH UHDOLVHV KLV HWHUQDO VSLULWXDO QDWXUH
.QRZOHGJH RI WKH YDULHWLHV RI PDWHULDO SKHQRPHQRQ VLPSO\ ELQGV ZKHQ GHYRLG
RI VSLULWXDO XQGHUVWDQGLQJ

0RGHUQ HGXFDWLRQ GHYRLG RI VSLULWXDO GLVFLSOLQH EULQJV RQO\ DQ LQFUHDVH RI EDG TXDOLWLHV

VXFK DV SULGH DQG QDWLRQDOLVP 0RGHUQ HGXFDWLRQ IRFXVHV RQ WKH DGYDQFHPHQW RI

WHFKQRORJ\ 'XH WR WKH ODFN RI PRUDO HGXFDWLRQ VXFK WHFKQRORJ\ LV XVHG VLPSO\ WR

IXUWKHU JURVV PDWHULDOLVP

% 2QH FDQ GLVFULPLQDWH EHWZHHQ NQRZOHGJH DQG LOOXVLRQ E\ DFFHSWLQJ WKH


LQVWUXFWLRQV RI D GKLUD

7KH GKLUD LV RII WKH ERGLO\ SODWIRUP DQG FDQ WKXV JLYH LQVWUXFWLRQV WKDW DUH EHQHILFLDO IRU

RQHuV VSLULWXDO SURJUHVV 7R TXDOLI\ DV D GKLUD RQH PXVW EH D GLVFLSOH RI D JHQXLQH

JXUX KDYH GHWDFKPHQW DQG VSLULWXDO NQRZOHGJH 8QWUDLQHG LPLWDWRUV VKRXOG EH

DYRLGHG

64
0DQWUD(OHYHQ

$ 3HUPDQHQW KDSSLQHVV LV LPSRVVLEOH WR DWWDLQ WKURXJK PDVWHU\ RI PDWHULDO


NQRZOHGJH 7KH RQO\ ZD\ WR DWWDLQ SHUPDQHQW KDSSLQHVV LV WR UHWXUQ WR RQHuV
HWHUQDO VSLULWXDO H[LVWHQFH

7KH PDWHULDO ZRUOG LV LQKHUHQWO\ WHPSRUDU\ DQG PLVHUDEOH 7KLV FDQQRW EH FKDQJHG

7KHUHIRUH HYHQ WKH PRVW SRZHUIXO SHUVRQV LQ WKH PDWHULDO ZRUOG PXVW HYHQWXDOO\ IDOO DW

WKH KDQGV RI GHDWK H[DPSOH RI +LUDQ\DNDVLSX 

% 9LG\D JLYHV VDOYDWLRQ ZKHUHDV DYLG\D JLYHV ERQGDJH

$YLG\D 7KLV LV WKH DGYDQFHPHQW RI PDWHULDO NQRZOHGJH IRU VHQVH JUDWLILFDWLRQ 6XFK

vNQRZOHGJHw LQFUHDVHV ERGLO\ DWWDFKPHQW ORFNLQJ LWV IROORZHUV LQWR UHSHDWHG ELUWK DQG

GHDWK ,W DJJUDYDWHV WKH SXUVXLW RI PDWHULDO FRQWURO DQG SRZHU OHDGLQJ WR GDQJHURXV

VLWXDWLRQV VXFK DV WKRVH FDXVHG E\ DWRPLF ZHDSRQU\

9LG\D 7KLV LV WKH FXOWXUH RI WUDQVFHQGHQWDO NQRZOHGJH 8QGHUVWDQGLQJ WKLV NQRZOHGJH

SODFHV RQH EH\RQG GHDWK 7KH FXOWXUH RI YLG\D PLQLPLVHV DQG UHJXODWHV ERGLO\ DFWLYLW\

0DWHULDO SXUVXLWV GKDUPD DUWKD DUH EDODQFHG DJDLQVW VSLULWXDO HQGHDYRXUV DQG DUH

XOWLPDWHO\ DLPHG DW IXOO VSLULWXDO UHDOLVDWLRQ 7KH KLJKHVW FXOWXUH RI YLG\D LV WKH KHDULQJ

DQG ZRUVKLSSLQJ RI WKH 6XSUHPH 3HUVRQDOLW\ RI *RGKHDG

& 2QH PD\ DSSUHFLDWH WKH UHODWLYH LPSRUWDQFH RI PDWHULDO DFWLYLWLHV DQG NQRZOHGJH
E\ VHHLQJ WKHP DV VXESULQFLSOHV RQ WKH SDWK RI OLEHUDWLRQ

0DWHULDO DFWLYLWLHV DUH QRW WR EH VWRSSHG EXW SHUIRUPHG ZLWK WKH LQWHQWLRQ RI PDLQWDLQLQJ

RQHuV ERG\ DQG PLQG IRU WKH VDNH RI VSLULWXDO UHDOLVDWLRQ v7KH FXOWXUH RI VSLULWXDO

NQRZOHGJH QHFHVVLWDWHV WKH KHOS RI WKH ERG\ DQG PLQG WKHUHIRUH PDLQWHQDQFH RI WKH

ERG\ DQG PLQG LV UHTXLUHG LI ZH DUH WR UHDFK RXU JRDOw 7KH FHQWUDO SXUSRVH RI WKH VXE

SULQFLSOHV LV WR DWWDLQ GHYRWLRQDO VHUYLFH WR WKH 3HUVRQDOLW\ RI *RGKHDG

0DQWUD7ZHOYH

$ )XOO\ XQGHUVWDQGLQJ WKH $EVROXWH 7UXWK LV LPSRVVLEOH E\ PHUH VSHFXODWLRQ

7KLV LV EHFDXVH RQH ZLOO WHQG WR FRQWHPSODWH WKH $EVROXWH E\ QHJDWLQJ WKH TXDOLWLHV RI

WKH UHODWLYH PDWHULDO ZRUOG 7KLV NLQG RI DWWHPSW DW NQRZOHGJH WKHUHIRUH IRUFHV RQH WR

SODFH KLV RZQ FRQFHSWLRQV XSRQ WKH $EVROXWH 7UXWK DQG GRHV QRW DOORZ WKH $EVROXWH

7UXWK WR EH NQRZQ LQ +LV RZQ JORU\ 7KURXJK VSHFXODWLRQ RQH FDQ RQO\ UHDFK WKH

LPSHUVRQDO %UDKPDQ HIIXOJHQFH EXW QRW %KDJDYDQ ZKR LV 6XSUHPH

% 'HPLJRG ZRUVKLS LV XOWLPDWHO\ IXWLOH DV LW JLYHV WHPSRUDU\ VDWLVIDFWLRQ EXW GRHV


QRW HOHYDWH WKH VRXO

3HRSOH ZRUVKLS WKH GHPLJRGV WR REWDLQ VHQVH JUDWLILFDWLRQ DQG UHOLHI IURP PDWHULDO

PLVHU\ 7KH SUREOHP ZLWK WKLV LV WKDW DOO DZDUGV WKH GHPLJRGV FDQ JLYH DUH WHPSRUDU\

DQG WKH ZRUVKLSSHU ZLOO VRRQ ILQG KLPVHOI VXIIHULQJ DJDLQ 7KH RQO\ ZD\ WR ILQG

SHUPDQHQW UHOLHI IURP PLVHU\ LV WR JR EDFN WR *RGKHDG 

& 8QHWKLFDO VSLULWXDO JXLGHV LQFXU KHDY\ NDUPLF UHDFWLRQV

3VHXGR DFDU\DV DQG JXUXV OHDG RWKHUV LQWR GDUNQHVV E\ JORULI\LQJ PDWHULDO DWWHPSWV DW

KDSSLQHVV GHPLJRG ZRUVKLS VSDFH WUDYHO HWF DV ZHOO DV PXQGDQH UHOLJLRVLW\

65
2WKHUV SUHVHQW WKHPVHOYHV DV LQFDUQDWLRQV RU DV DFDU\DV EXW GR QRW VKRZ DQ\

TXDOLILFDWLRQV 7KHVH W\SHV SUHDFK DWKHLVP DQG LPSHUVRQDOLVP

6RPH SUHVHQW D IDOVH GLVSOD\ RI UHOLJLRXV VHQWLPHQWV ZKLOH VHFUHWO\ LQGXOJLQJ LQ

LPPRUDO DFWLYLWLHV 7KH\ KDYH QR UHVSHFW IRU WKH JHQXLQH DFDU\DV LQ GLVFLSOLF

VXFFHVVLRQ

%HFDXVH WKH\ PLVOHDG RWKHUV WRZDUG LJQRUDQFH WKH\ DUH KHDGHG IRU WKH GDUNQHVV RI

WKH ORZHU UHJLRQV

0DQWUD7KLUWHHQ

$ 2QH PXVW DSSURDFK D WUXH VSLULWXDO PDVWHU D GKLUD WR DFTXLUH WUDQVFHQGHQWDO


NQRZOHGJH

6SLULWXDO UHDOLVDWLRQ LV REWDLQHG RQO\ E\ IROORZLQJ WKH SURSHU SURFHVV $Q\ RWKHU DWWHPSW

LV GHVWLQHG WR IDLO

 2QH PXVW IROORZ WKH SDUDPSDUD WR DGYDQFH LQ VSLULWXDO XQGHUVWDQGLQJ 7KRVH ZKR

DWWHPSW WR XQGHUVWDQG VDVWUD ZLWKRXW WKH JXLGDQFH RI WKH SDUDPSDUD PLVV WKH

FRQFOXVLRQ RI VDVWUD DQG PLVOHDG RWKHUV DV ZHOO

% ‘UL .psmD LV XQHTXLYRFDOO\ WKH VXSUHPH FDXVH RI DOO FDXVHV VDPEKDYDW

7KH ZRUG VDPEKDYDW LQGLFDWHV 1DUD\DQD ZKR FUHDWHV WKH PDWHULDO FRVPRV 1DUD\DQD

LV D SOHQDU\ H[SDQVLRQ RI /RUG .psmD

6DPEKXWD WKH 6XSUHPH &DXVH LV GHVFULEHG E\ ‘ULOD 9\DVDGHYD DV DEKLMQD $EKLMQD


PHDQV vIXOO\ FRQVFLRXVw 7KHUHIRUH WKH $EVROXWH 7UXWK LV QRW VRPH DEVWUDFW YRLG EXW LV

WKH VXSUHPHO\ FRQVFLRXV EHLQJ IURP ZKRP DOO H[LVWHQFH HPDQDWHV 6UL .psmD LV

GHVFULEHG DV VXFK WKURXJKRXW WKH 9HGLF OLWHUDWXUH

%HFDXVH .psmD LV WKH XOWLPDWH WUXWK WKH JRDO RI OLIH LV WR XQGHUVWDQG +LP DQG RXU

UHODWLRQVKLS ZLWK +LP

7HDFKLQJ WKLV WUXWK WR RWKHUV LV WUXH VHUYLFH WR KXPDQLW\ 2QO\ E\ VHUYLFH GLUHFWHG IRU

WKH SOHDVXUH RI WKH /RUG ZLOO DOO SHRSOH EH VDWLVILHG H[ RI URRW DQG OHDYHV  7KLV LV

GRQH E\ KHDULQJ RI .psmD IURP VDVWUD $V RQH FXOWLYDWHV VXFK KHDULQJ WKH /RUG

SHUVRQDOO\ SXULILHV KLP RI LPSXULWLHV ZLWKLQ WKH KHDUW OHDGLQJ KLP WRZDUG IXOOHU

UHDOLVDWLRQ

0DQWUD)RXUWHHQ

$ 7KH RQO\ ZD\ WR GHDWKOHVVQHVV LV WKH SDWK RI GHYRWLRQ WR WKH /RUG E\ ZKLFK RQH
DZDNHQV RQHuV GRUPDQW VSLULWXDO FRQVFLRXVQHVV

0DWHULDO VFLHQWLVWV DWWHPSW WR UHPRYH PDWHULDO PLVHULHV DLPLQJ DW D XWRSLDQ HDUWKO\

FLYLOLVDWLRQ 7KLV LGHD LV IRROLVK DV WKH\ ZLOO QHYHU XOWLPDWHO\ VWRS PDWHULDO PLVHULHV

5HJDUGOHVV RI WKHLU SURPLVHV GHDWK LV LQHYLWDEOH IRU DOO PDWHULDOO\ HPERGLHG EHLQJV

6XFK VFLHQWLVWV DVSLUH WR FRQTXHU GHDWK EHFDXVH WKH\ KDYH QR LQIRUPDWLRQ DERXW

HWHUQDO OLIH LQ WKH VSLULWXDO ZRUOG

.QRZOHGJH RI .psmD EULQJV GHDWKOHVVQHVV DV LW EULQJV RQH WR UHDOLVH KLV HWHUQDO

VSLULWXDO QDWXUH $V ORQJ DV RQH LV FRQWDPLQDWHG ZLWK WKH HQMR\LQJ PHQWDOLW\ KH LV

IRUFHG WR VXIIHU UHSHDWHG ELUWK DQG GHDWK LQ WKH PDWHULDO ZRUOG 2QO\ E\ WDNLQJ VKHOWHU RI

‘UL .psmD LQ SXUH GHYRWLRQ FDQ RQH HQG WKH F\FOH

66
0DQWUD

$ %KDJDYDQ ‘UL .psmD LV WKH XOWLPDWH VRXUFH DQG PDLQWDLQHU RI DOO VSLULWXDO DQG
PDWHULDO PDQLIHVWDWLRQV

7KH ZRUG SXVDQ VXVWDLQHU  GHVFULEHV KRZ ‘UL .psmD LV WKH URRW RI DOO VSLULWXDO

SRWHQFLHV DQG DOO RWKHU IRUPV RI *RGKHDG 7KH EUDKPDM\RWL LV +LV LPSHUVRQDO HQHUJ\

+LV H[SDQVLRQ RI 3DUDPDWPD LV WKH PHDQV E\ ZKLFK +H FUHDWHV DQG PDLQWDLQV WKH

PDWHULDO PDQLIHVWDWLRQ

%HFDXVH .psmD DV %KDJDYDQ PDLQWDLQV DOO PDQLIHVWDWLRQV ERWK PDWHULDO DQG VSLULWXDO

RQH PXVW ORRN EH\RQG WKHP WR UHDOLVH +LP 

% %KDJDYDQ LV KLJKHU WKDQ %UDKPDQ RU 3DUDPDWPD UHDOLVDWLRQ DV LW FRQWDLQV ERWK


RI WKHP

%KDNWL\RJD LV WKH WRSPRVW SDWK DV LW OHDGV WR %KDJDYDQ UHDOLVDWLRQ

& %HFDXVH WKH $EVROXWH 7UXWK LV D SHUVRQ +H HQJDJHV LQ YDULHJDWHG UHODWLRQVKLSV


ZLWK +LV GHYRWHHV

7KH /RUG UHFLSURFDWHV ZLWK DOO YDULHWLHV RI SHRSOH LQ DFFRUGDQFH ZLWK WKHLU GHVLUH WR

NQRZ KLP

%KDJDYDQ UHDOLVDWLRQ LV GLVWLQJXLVKHG IURP WKH RWKHU OHYHOV EHFDXVH WKHUH LV ORYLQJ

H[FKDQJH UDVD ,W LV GXH WR WKLV UDVD WKDW RQH FDQ H[SHULHQFH WKH KLJKHVW EOLVV WKURXJK

UHDOLVDWLRQ RI ‘UL .psmD

0DQWUD6L[WHHQ

$ 7KH/RUGDQGWKHMLYDVRXOVDUHRQHDQGGLIIHUHQWVLPXOWDQHRXVO\
7KH MLYD VRXOV DQG WKH /RUG DUH RQH LQ WHUPV RI TXDOLW\ H[ RI WKH VXQ DQG VXQ UD\V 

EXW DUH QRW FRPSOHWHO\ WKH VDPH DV WKH\ ODFN +LV RPQLSRWHQFH 7KH\ DUH FRQWUROOHG

DQG +H LV WKH FRQWUROOHU

% .psmDLVWKHPDLQWDLQHURIDOOEXW+HHVSHFLDOO\PDLQWDLQV+LVGHYRWHHV
7KH /RUG PDLQWDLQV +LV GHYRWHHV E\ JXLGLQJ WKHP RQ WKH SURJUHVVLYH SDWK RI GHYRWLRQ

XOWLPDWHO\ JLYLQJ WKHP UHDOLVDWLRQ RI +LPVHOI

& 7KHDFWLYLWLHVRISXUHGHYRWHHVFDQRQO\EHXQGHUVWRRGE\RWKHUSXUH
GHYRWHHVQRWE\MQDQLVRU\RJLV
-XVW DV NQRZOHGJH RI .psmD LV D P\VWHU\ WR WKRVH ZLWKRXW WKH SURSHU TXDOLILFDWLRQV VR

DOVR LV WKH NQRZOHGJH RI +LV SXUH GHYRWHHV ZKR UHODWH ZLWK KLP LQ +LV KLJKHVW DVSHFW RI

%KDJDYDQ .psmD JLYHV VSHFLDO IDYRXU WR GHYRWHHV E\ HQOLJKWHQLQJ WKHP IURP ZLWKLQ

6XFK PHUF\ FDQQRW EH H[SHULHQFHG LQ WKH EUDKPDM\RWL

67
0DQWUD6HYHQWHHQ

$ 7KH VSLULW VRXO LV HWHUQDOO\ LQGLYLGXDO WKH ERG\ LV PDGH XS RI PDWWHU ZKLFK

WHPSRUDULO\ FRYHUV WKH VSLULW VRXO DFFRUGLQJ WR NDUPD

2QH ZLOO DWWDLQ D FHUWDLQ ERG\ DFFRUGLQJ WR KLV FRQVFLRXVQHVV DW GHDWK :KHQ RQH KDV

WKH VSLULW RI LQGHSHQGHQW PDWHULDO HQMR\PHQW KH WDNHV D IXWXUH ELUWK LQ WKH PDWHULDO

ZRUOG DFFRUGLQJ WR WKH PRGHV RI HQMR\PHQW WR ZKLFK KH LV FRQGLWLRQHG 7KHUHIRUH WKH

GHYRWHHV WU\ WR IRFXV WKHLU PLQG RQ .psmD LQ DQ DWWHPSW WR IRUHJR WKLV ZRUOG DQG UHWXUQ

WR +LP

% 'HYRWHHVUHWXUQWR.psmDE\WKHSRZHUIXOSURFHVVRIEKDNWL\RJD
7KH EKDNWDV SUHSDUH IRU UHPHPEUDQFH RI .psmD DW GHDWK E\ FXOWLYDWLQJ UHPHPEUDQFH

GXULQJ WKHLU OLYHV 7KLV LV GRQH E\ SUDFWLVLQJ WKH QLQH SURFHVVHV RI GHYRWLRQDO VHUYLFH

VHUYLQJ WKH /RUG ZLWK DOO RI WKHLU VHQVHV

%HFDXVH WKH /RUG WDNHV D SHUVRQDO LQWHUHVW LQ KLV GHYRWHHV +H ZLOO KHOS WKHP HYHQ LI

WKH\ GR QRW KDYH SHUIHFW UHPHPEUDQFH RI +LP DW GHDWK 7KLV DJDLQ GLVSOD\V WKH VSHFLDO

IHDWXUH RI UHFLSURFDWLRQ ZKLFK LV IRXQG LQ %KDJDYDQ UHDOLVDWLRQ

0DQWUD(LJKWHHQ

$ 7KH /RUG SXULILHV WKH FRQGLWLRQHG VRXOV RI VLQIXO UHDFWLRQV LQ RUGHU WR DOORZ WKHP

WR DGYDQFH LQ VHOIUHDOLVDWLRQ

7KH /RUG JLYHV HYHU\RQH WKH RSSRUWXQLW\ WR DFKLHYH IUHHGRP IURP NDUPD LQ WKH

HQGHDYRXU WR DGYDQFH LQ VSLULWXDO UHDOLVDWLRQ 7KH /RUG KDV SUHVHQWHG GLIIHUHQW SDWKV RI

SXULILFDWLRQ IRU WKRVH RI KLJKHU DQG ORZHU PDWHULDO DWWDFKPHQWV

+H SUHVHQWV D SURFHVV RI NDUPDNDQGD DV D V\VWHP RI SLRXV VHQVH JUDWLILFDWLRQ E\

ZKLFK RQH FDQ JUDGXDOO\ EH SXULILHG RI PDWHULDOLVWLF SURSHQVLWLHV $GGLWLRQDOO\ +H KDV

FUHDWHG EUDKPLQLFDO FXOWXUH WR PDLQWDLQ WKH SULQFLSOHV FRQGXFLYH IRU WKH FRQGLWLRQHG

VRXOV WR SURJUHVV WRZDUG VHOIUHDOLVDWLRQ %\ IROORZLQJ WKHVH SURFHVVHV RQH VORZO\

FRPHV WR D SRVLWLRQ ZKHUH KH LV UHDG\ WR IXOO\ VXUUHQGHU WR WKH /RUG

,I RQH E\SDVVHV WKH SUHOLPLQDU\ SURFHVVHV RI SXULILFDWLRQ DQG LPPHGLDWHO\ WDNHV VKHOWHU

RI .psmD WKH /RUG SHUVRQDOO\ WDNHV FKDUJH RI KLV OLIH .psmD IUHHV WKH VXUUHQGHUHG VRXO

IURP WKH UHDFWLRQV WR KLV SUHYLRXV VLQV EULQJLQJ KLP WR WKH SRVLWLRQ RI EUDKPDQD
UHJDUGOHVV RI KLV VLWXDWLRQ DW ELUWK

% 7KH /RUG SURYLGHV GLUHFWLRQ WR WKRVH ZKR DVSLUH WR UHDOLVH +LP

 ([WHUQDOO\ WKURXJK JXUX VDGKX DQG VDVWUD VSLULWXDO PDVWHU VDLQWV DQG VFULSWXUH 

,QWHUQDOO\ WKURXJK WKH 3DUDPDWPD VLWXDWHG ZLWKLQ WKH GHYRWHH


V KHDUW 

68

You might also like