The Value Of A Trust Value - 1702 Words

(which can be the result of many pieces of evidence) is less useful that knowing that the trust value contains the success rate of the driving exam questions also found in the motorcycle exam. A trust value may include these pieces of evidence to facilitate mapping but this may violate privacy (see the latter example). At the other extreme, a trust value may only consist of the pieces of evidence without the trust calculation result, because the trust value calculation can reveal more than the value (e.g., how trust is calculated). Another reason may be that the observers or recommenders are willing to provide objective evidence without wanting to disclose the subjective feeling represented by some trust value calculation. From a†¦show more content†¦For example, if the request for driving a car is made, the part of the trust value related to driving a motorcycle is not sent in the reference trust value. Again, there is a privacy issue. Requesting for the full trust value is a bigger privacy threat for the entity sending the reference than sending a specific part of the trust value. It is less privacy risky for the entity asking for the reference because it discloses less about what the requesting entity has asked for than if only a specific part of the trust value is requested. An advantage of getting the full trust value is to allow for the best context mapping possible without several exchanges between entities involved in the reference. Due to the notion of reciprocity in privacy concerns, the final choice seems to be in favour of asking for parts of trust values. In doing so, the sending entity knows more about what the requesting entity asked the requested entity for (to compensate the disclosure of its part of trust value) and the requested entity is still able to carry out the decision making. The most appropriate way of referencing may depend on the type of application though. Since the beginning of the SECURE project, the viability of suing any real-world identity has been considered marginal. Our expectation is that entities are in general virtually anonymous to theShow MoreRelatedThe Value Of Trust Esteem1657 Words   |  7 Pagesrealizing that the trust esteem contains the achievement rate of the driving exam addresses likewise found in the bike exam. A trust esteem may incorporate these bits of confirmation to encourage mapping however this may damage security (see the last case). At the other outrageous, a trust esteem may just comprise of the bits of confirmation without the trust estimation result, in light of the fact that the trust esteem computation can uncover more than the esteem (e.g., how trust is computed)Read MoreBill Miller And Value Trust1242 Words   |  5 PagesBill Miller and Value Trust 1. How well has Value Trust performed as of the date of the case? Value Trust has performed extremely well up to the date of the case. If we measure it against the SP 500 Index, Value Trust has outperformed it for the last 15 years. Over this period, Value Trust has had an average annual total return of 14.6% – a significant 3.67% higher than SP 500’s average annual returns. In fact, an investment of $10,000 at the fund’s inception in 1982 would have been worth moreRead MoreBill Miller Value Trust1351 Words   |  6 Pages1. This case goes back to the year the 2005. Value Trust was an $11.2 billion mutual fund in the middle of that year and had outperformed for the Standard amp; Poor’s 500 Index for 14 consecutive years. The fund was managed by William H. Miller III. During those 14 years, the fund experienced an average annual return of 14.6%. This return outperformed the S amp; P 500 by 3.67% per year. Morningstar claimed the Value Trust mutual fund fell behind the S amp; P 500 in 32 12-month periodsRead Mo reEssay on Bill Miller and Value Trust2416 Words   |  10 Pagesï » ¿ Bill Miller and Value Trust Background Information Bill Miller is one of the most renowned professional fund managers. This can be proven by the outperformance of the Value Trust, which is managed by him, compared to its benchmark index, the Standard Poor’s 500 Index (SP 500), for an astonishing 14 years in a row; and this marked the longest streak of success for any manager in the mutual-fund industry. By the middle of 2005, Value Trust is worth $11.2-billion. Bill Miller’s approachRead MoreEssay on Bill Miller Value Trust Case Study731 Words   |  3 PagesIn 2005, Value Trust, an $11.2 billion mutual fund managed by Bill Miller, had outperformed its benchmark index, the SP 500, for a consecutive 14 years. This record marked the longest streak of success for any manager in the mutual fund industry, doubling the previous record. While Miller had been beaten in individual years, no manager has been as consistent. This has provoked many different questions in academia because it defies current conventional theories such as the Efficient Market HypothesisRead MoreBill Miller And Value Trust Case Brief Essay examples632 Words   |  3 Pagesspring 2015 Assignment: Bill Miller and Value Trust Case Brief Conventional academic theories suggest that in markets characterized by high competition, easy entry, and information efficiency, it would be extremely difficult to beat the market on a sustained basis. William H. (Bill) Miller III, a mutual fund manager of Baltimore, Maryland – based Legg Mason, seemed to defy such theories while managing Legg Mason’s $11.2 billion Value Trust. Miller and Value Trust outperformed the SP 500 for 14 consecutiveRead MoreCase Study 1: Setting Some Themes (Case 1: Warren Buffett, Case 2: Bill Miller and Value Trust1257 Words   |  6 Pagesperspective, â€Å"intrinsic value is assessed as the present value of future expected performance† (Bruner, Eades, Schill, 2010): in order to determine whether the investment is worth and is therefore fairly operating on the principle of achieving value for this investment. The displays volatility in earning corresponding to the fluctuation of prices will give investors the cheapest price when t he investment shown by the discounted-flows-of-cash calculation. The theory of intrinsic value is significantlyRead MoreTrust Based Misbehavior Detection in Wireless Sensor Networks1490 Words   |  6 PagesProblem Statement This paper focuses on modeling and calculating trust between nodes in WSNs, based on sensed continuous data to address security issues and deal with malicious and misbehavior nodes and for assisting the decision-making process. A new trust model and a reputation system for WSNs can be proposed. The trust model establishes the continuous version of the reputation system applied to binary events and presents a new trust and reputation system for sensor Networks. This approach for mixingRead MoreWARREN BUFFETT1268 Words   |  6 PagesWARREN BUFFETT a) From Warren Buffett’s perspective, what is the intrinsic value? From Warren Buffett’s perspective, intrinsic value is the value will affect the future value performance of investment and business. It is defined as â€Å"the discounted value of the cash that can be taken out of a business during its remaining life† (Bruner, 2010). Why is it accorded such importance? In view of the fact that the intrinsic value is the â€Å"only logical way† (Bruner, 2010) which help investor to identifyRead MoreCapital Fund Should Take A Buy Recommendation On Liberty Property Trust Essay1105 Words   |  5 PagesInvestment Thesis Recommendation: The D’Artagnan Capital Fund should take a buy recommendation on Liberty Property Trust. Some of the main reasons for investing are †¢ They are continuing to expand their properties – in 2016-2020 there is a plan to expand the amount of properties that they own. †¢ Able to maintain a stable return on their operating real estate †¢ They continuously are able to lease almost 100% of their properties †¢ They are diversifying where they operate †¢ They have good customer