Consumer awareness in stock markets - Free Essay Example

Report On Internship Undertaken At Royal Technosoft Pvt ltd Aziz Ahmed Kagzi Dhirubhai Ambani Institute Of Information And Communication Technology, Gandhinagar Supervisor Prof. P.M. Jat On Site Supervisor Mr. Tejas Shah Royal Technosoft Pvt ltd, 2nd floor, Surbhi Complex, c.g road, Opposite municipal market, Ahmedabad, Gujarat. Abstract This document gives an insight into the project that was given to me as a part of my internship and training period. This document includes maintain and cope up with the growing competition from the various online trading providers, company needs to find potential clients, also the new investors and satisfy their needs. The project also helps in understanding the trend of the scripts of the particular sector (banking sector) in different market condition. All these steps help me to understand how to cope up with different types of people and their diversified need and satisfaction level. INTRODUCTION Stock trading has evolved tremendously. Since the very first Initial Public Offering (IPO) in the 13th century, owning shares of a company has been a very attractive incentive. Most of the recent advancements with the trading have been due to the Internet. The Internet has allowed online trading. In contrast to the past where only those who could afford the expensive stock brokers, anyone who wishes to be active in the stock market can now do so at a very low cost per transaction. Trading can even be done through Computer-Mediated Communication (CMC) use of mobile devices such as hand computers and cellular phones. The stock market has grown so that some argue that it represents a countrys economy. This growth has been enjoyed largely to the credibility and reputation that the stock market has earned. PURPOSE There is growing competition between brokerage firms in post reform India. For investor it is always difficult to decide which brokerage firm to choose. Since this industry is growing having growth rate that attract me for doing in this field that I can gather more and more knowledge about the share market. It was the great experience in that field. Research was carried out to find that which brokerage house, people prefer and to figure out what people want while investing in stock market. This study suggests that people are reluctant while investing in stock and commodity market due to lack of knowledge. Main purpose of investment is returns and liquidity, commodity market is less preferred by investors due to lack of awareness. The major findings of this study are that the people are interested to invest in stock market but they have lack of knowledge. Through this report we were also able to understand, what are our Companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s strong and weak points, on the basis of which we come to know what can be the basis of pitching to a potential client. SCOPE I would like to tell that now a day on line trading is a booming field for investor because they can generate more returns as compared to other fields. I got experience regarding on line trading when I went to market for survey because I met no of person for knowing awareness of on line trading, Dmat account, and comparative analysis between different stock brokers. This project will help for those who do not have the knowledge about the trading and services offered by the different broker company. It will also help for the people who are interested in the trading and in share market. This will also helpful for the company because it is containing the cooperative analysis of the different broker company, it also contains the strong and weak points of company. By that way they can remove their weaknesses and can add more and more costumers in their series because people are facing a lot of problem regarding online trading. Hence this project has multidimensional scope OBJECTIVE To know about the awareness of the consumers towards stock brokers and share market. To study the market share of company in the Share market and identify the areas of competitive advantage over other players. To study about consumer awareness satisfaction, about operational Services procedures of company. To study about the difficulties faced by the clients/trades while trading with company. To identify the lacuna in the present system suggesting the measures improvement in current Trading system. To study about the on line terminal terms and Dmat account of company. DEMATERIALISATION Dematerialization is the process of converting physical shares (share certificates) into an electronic form. Shares once converted into dematerialized form are held in a Demat account. Dematerialization Process An investor having securities in physical form must get them dematerialized, if he intends to sell them. This requires the investor to fill a Demat Request Form (DRF) which is available with every DP and submit the same along with the physical certificates. Every security has an ISIN (International Securities Identification Number). If there is more than one security than the equal number of DRFs has to be filled in. The whole process goes on in the following manner: ii.Rematerialisation The process of getting the securities in an electronic form, converted back into the physical form is known as Rematerialisation. An investor can rematerialize his shares by filling in a Remat Request Form (RRF). The whole process goes on as follows: TOOLS AND TECHNOLOGIES USED 1. Calculate Index Index value = ÃŽÂ £(market cap of securities)/index divisor 2. Investor Terminal (IT) Investor Terminal is equity trading terminal for low volume trader. This is web based terminal and could access from anywhere. This product provides limited features in comparison of Trader Terminal, which is another product provided by 5Paisa. Trader Terminal (TT) Few popular features of trader terminal are: Fast trade execution with instant trade confirmation. Live streaming quotes and price watch on any number of stocks. Intra day charts, updated live, tick-by-tick. Live margin, position, marked to market profit loss report. Set any number of price alerts on any number of scrips. Flexibility to customize screen layout and setting. Facility to customize any number of portfolios watch lists. Facility to cancel all pending orders at one click. Facility to square off all transactions at one click. Top Gainers, Top Losers, Most Active, updated live. Index information; index chart, index stock information live. Market depth, i.e. Best 5 bids and offers, updated live for all stocks. Online access to both accounts and DP to check live updated Order and Trade Book. Facility to place after market orders. Online fund transfer facility from leading Banks including ICICI, HDFC, CITI and UTI banks. Online intra-day technical calls. Historical charts and technical analysis tools. LIMITATIONS The various Limitations are: Lack of awareness of Stock market:- Since the area is not known before it takes lot of time in convincing people to start investing in shares primarily in (Initial Public Offerings)IPOà ¢Ã¢â€š ¬Ã¢â€ž ¢s. Mostly people comfortable with traditional brokers:- As people are doing trading from their respective brokers , they are quite comfortable to trade via phone. Lack of Techno Savy people and poor internet penetration:- Since most of the people are quite experienced. They are not techno. savy and also internet penetration is poor in India. Some respondents are unwilling to talk:- Some respondents either do not have time or willing does not respond as they are quite annoyed with the phone call. Inaccurate Leads : Sometimes leads are provided which had error in it which varies from only 5 digit phone number to wrong phone number. Misleading concepts:- Some people think that Shares are too risky and just another name of gamble but they donà ¢Ã¢â€š ¬Ã¢â€ž ¢t know its not at all that risky for long investors. CONCLUSIONS On the basis of the study it is found that company has better services Provider than the other stockbrokers because of their timely research and Personalized advice on what stocks to buy and sell. Company provides the facility on line trading as well as relationship manager facility for encouragement and protects the interest of the investors. It also provides the information through the internet and mobile alerts that what IPOà ¢Ã¢â€š ¬Ã¢â€ž ¢s are coming in the market and it also provides its research on the future prospect of the IPO. Study also concludes that people are not much aware of commodity market and while ità ¢Ã¢â€š ¬Ã¢â€ž ¢s going to be biggest market in India. The company should also organize seminars and similar activities to enhance the knowledge of prospective and existing customers, so that they feel more comfortable while investing in the stock market. The awareness of equity market is not up to marks among the people for which people is not attracting in t his market. But the future is bright of the equity market in the coming future .If we do more and more activities regarding equity market and mutual funds then we can add more and more customers for company. ACKNOWLEDGMENT It gives me great pleasure to present the project report entitled à ¢Ã¢â€š ¬Ã…“Online trading of sharesà ¢Ã¢â€š ¬Ã‚ . Preservation, inspiration and motivation have always played a key role in the success of any venture. In the present world of competition and success, training is like a bridge between theoretical and practical working; willingly I prepared this particular Project. I would like to thank my onsite mentor Mr. Tejas Shah and Royal Technosoft for constantly guiding, motivating and encouraging me. I also thank my project Guide for giving me their valuable inputs for the project. Last but definitely not the least my gratitude goes to Prof. P M Jat (Project Coordinator, M.Sc.IT-2015) and Prof. Maitrayee Mukerji (Project Coordinator, M.Sc.IT-2015) for their valuable support for traineeà ¢Ã¢â€š ¬Ã¢â€ž ¢s professional. REFERENCES HTTP://WWW.CAPITALINE.COM HTTP://WWW.SHAREKHAN LTD.COM . HTTP://WWW.HDFCSECURITY.COM HTTP://WWW.KARVY.COM WWW.CDSL.COM HTTP://WWW.BSEINDIA.COM HTTP://WWW.INDIAINFOLINE.COM/ WWW.INDIABULLS.COM WWW.SCRIBD.COM

Should Marijuana Be Legalized Essay - 2099 Words

300 seizures a week. For over five years a little girl named Charlotte underwent constant seizures. They began when she was about 3 months old and averaged about 300 a week for five years. Charlotte had seizures so frequently it slowed her mental development and put her in a catatonic state. Nothing could help her. But after five years her parents finally tried marijuana. Now Charlotte has less than one seizure a week and has become a normal child. What if her parents were too afraid to try it? Marijuana can help people and our country in many ways. So, Recreational marijuana should be legalized because it poses numerous benefits which outweigh the minor downsides. Marijuana is safer than alcohol. Alcohol is toxic to healthy cells and organs, a side effect that results directly in about 35,000 deaths in the United States every year from illnesses such as cirrhosis of the liver, ulcers, cancer and heart disease. Heavy alcohol consumption can depress the central nervous system. Inducing unconsciousness, coma and death. It is strongly associated with increased risks of injury. According to US Centers for Disease Control, alcohol plays a role in about 41,000 fatal accidents a year and about 1 million violent crimes a year. Worldwide, the statistics are even worse. Alcohol consumption causes a staggering 4 percent of all deaths worldwide, more than AIDS, tuberculosis or violence. By contrast, the active compounds in marijuana, known as cannabinoids, are relatively nontoxic toShow MoreRelatedShould Marijuana Be Legalized?849 Words   |  4 Pageswhether marijuana should be legalized. Around 23 states have legalized marijuana for medical and recreati onal use. In the state of Illinois, medicinal use of marijuana has been passed on April 17, 2013. Since January 2014, patients are able to obtain marijuana with a doctor s recommendation. The new debate is whether marijuana should be legalized for the general public as a recreational drug. Although some believe that marijuana is harmless, and that it has beneficial medicinal uses, marijuana shouldRead MoreShould Marijuana Be Legalized?1715 Words   |  7 PagesMarijuana in Society Cannabis, formally known as marijuana is a drug obtained from the tops, stems and leaves of the hemp plant cannabis. The drug is one of the most commonly used drugs in the world. Only substances like caffeine, nicotine and alcohol are used more (â€Å"Marijuana† 1). In the U. S. where some use it to feel â€Å"high† or get an escape from reality. The drug is referred to in many ways; weed, grass, pot, and or reefer are some common names used to describe the drug (â€Å"Marijuana† 1). Like mostRead MoreShould Marijuana Be Legalized?1489 Words   |  6 Pagescannabis plant or marijuana is intended for use of a psychoactive drug or medicine. It is used for recreational or medical uses. In some religions, marijuana is predominantly used for spiritual purposes. Cannabis is indigenous to central and south Asia. Cannabis has been scientifically proven that you can not die from smoking marijuana. Marijuana should be legalized to help people with medical benefits, econo mic benefits, and criminal benefits. In eight states, marijuana was legalized for recreationalRead MoreShould Marijuana Be Legalized?1245 Words   |  5 PagesMarijuana is a highly debatable topic that is rapidly gaining attention in society today.   Legalizing marijuana can benefit the economy of this nation through the creation of jobs, increased tax revenue, and a decrease in taxpayer money spent on law enforcement.   Ã‚  Many people would outlaw alcohol, cigarettes, fast food, gambling, and tanning beds because of the harmful effects they have on members of a society, but this is the United States of America; the land of the free and we should give peopleRead MoreShould Marijuana Be Legalized?1010 Words   |  5 PagesThe legalization of marijuana became a heated political subject in the last few years. Twenty-one states in America have legalized medical marijuana. Colorado and Washington are the only states where marijuana can be purchased recreationally. Marijuana is the high THC level part of the cannabis plant, which gives users the â€Å"high† feeling. There is ample evidence that supports the argument that marijuana is beneficial. The government should legalize marijuana recreationally for three main reasonsRead MoreShould Marijuana Be Legalized?1350 Words   |  6 Pagespolitics in the past decade would have to be the legalization of marijuana. The sale and production of marijuana have been legalized for medicinal uses in over twenty states and has been legalized for recreational uses in seven states. Despite the ongoing support for marijuana, it has yet to be fully legalized in the federal level due to cultural bias against â€Å"pot† smoking and the focus over its negative effects. However, legalizing marijuana has been proven to decrease the rate of incrimination in AmericaRead MoreShould Marijuana Be Legalized?1231 Words   |  5 Pagesshows the positive benefits of marijuana, it remains illegal under federal law. In recent years, numerous states have defied federal law and legalized marijuana for both recreational and medicinal use. Arizona has legalized marijuana for medical use, but it still remains illegal to use recreationally. This is absurd, as the evidence gathered over the last few decades strongly supports the notion that it is safer than alcohol, a widely available substance. Marijuana being listed as a Schedule I drugRead MoreShould Marijuana Be Legalized? Essay1457 Words   |  6 PagesSHOULD MARIJUANA BE LEGALIZED? Marijuana is a drug that has sparked much controversy over the past decade as to whether or not it should be legalized. People once thought of marijuana as a bad, mind-altering drug which changes a person’s personality which can lead to crime and violence through selling and buying it. In the past, the majority of citizens believed that marijuana is a harmful drug that should be kept off the market and out of the hands of the public. However, a recent study conductedRead MoreShould Marijuana Be Legalized?1596 Words   |  7 Pages But what needs to be known before a user can safely and completely make the decision if trying Marijuana is a good idea? Many do not want the drug to be legalized because they claim that Cannabis is a â€Å"gateway drug†, meaning it will cause people to try harder drugs once their body builds up a resistance to Marijuana, because a stronger drug will be needed to reach a high state. This argument is often falsely related to the medical si de of the debate over legalization. It is claimed that this wouldRead MoreShould Marijuana Be Legalized?985 Words   |  4 PagesLegalize Marijuana Despite what people believe about marijuana, it hasn’t once proved to be the cause of any real issue. It makes you wonder what the reason as to why there is a war on drugs. Why is marijuana the main concern? Since the time that alcohol and tobacco became legal, people wonder why marijuana isn’t legal yet. The fact that marijuana is illegal is mainly caused by the amount of money, jobs, and pride invested in the drug war. Once the government starts anything, they stick to it. At

Introduction Descriptive Statistics - 1341 Words

TOPIC 1 INTRODUCTION DESCRIPTIVE STATISTICS BASIC CONCEPTS Situation: A journalist is preparing a program segment on what appears to be the relatively disadvantaged financial position of women and the incidence of female poverty in Australia. Several questions may arise, for example: †¢ What is the pattern of female incomes? †¢ How severe is the problem of female poverty and what proportion fall below the ‘poverty line’? †¢ Has their general level of income improved over the last ten years? †¢ Are single working mothers especially disadvantaged? †¢ Working mothers often need to put their children into day-care. What should the capacity of the local centre be? †¢ How does their income compare with their†¦show more content†¦Eg. TABLES GRAPHICAL DATA REPRESENTATION Nominal Data Example: The marital status of 15 people is as follows: M D S M W S M M D S M D W M S M= Married S = Single D=Divorced W = Widowed Frequency Table |Status |Frequency |Relative Frequency| |S |4 |.27 | |M |6 |.40 | |D |3 |.20 | |W |2 |.13 | Bar Chart [pic] Pie Chart [pic] The only meaningful measure of spread or variation is the observed variety of values: Single, Married, Divorced, Widowed Ranked Data Ranked data can also be represented using the same methods as for nominal data, but the order is important. Also its ‘centre’ can often be meaningfully represented by the Median and the variation can sometimes be measured by the Range or the Inter Quartile Range. Interval Data Example: The heights of 16 people (to nearest cm.) 147. 156 156 157 162 167 169 172 172 173 175 176 180 181 183 192 Stem and Leaf Display Stem Leaf 14 7 15 667 16 279 17 22356 18 013 19 2 Frequency Table |Group |Frequency |Relative |Cumulative Rel. Freq. | | | |Frequency | | |145.5-155.5 |1Show MoreRelatedIntroduction. Descriptive Statistics Organize And Describe1201 Words   |  5 PagesIntroduction Descriptive statistics organize and describe the characteristics of a data set. Researchers are interested in two types of descriptive statistics: central tendency and variability. Measures of central tendency describe the center of a distribution of scores. Common measures of central tendency are the mean, median, and mode. Variability describes the dispersion or spread of scores in a data set. The three commonly reported measures of variability are standard deviation, range, and varianceRead MoreUse of Statistics at Kaiser Permanente1275 Words   |  5 PagesUSE OF STATISTICS AT KAISER PERMANENTE8 USE OF STATISTICS AT KAISER PERMANENTE 8 Use of Statistics at Kaiser Permanente Abstract The preceding paper analyzes how descriptive statistics is used in Kaiser Permanente. In addition to that it also highlights the use of inferential statistics in the organization. Apart from that the paper evaluates the use of four levels of measurement in the organization. In addition to that the role of proper interpretation of statistical information in efficientRead More1. What Are Descriptive Statistics and How Do They Differ from Inferential Statistics?1000 Words   |  4 Pagesare descriptive statistics and how do they differ from inferential statistics? INTRODUCTION Statistical procedures can be divided into two major categories: descriptive statistics and inferential statistics. Typically, in most research conducted on groups of people, you will use both descriptive and inferential statistics to analyse your results and draw conclusions. So what are descriptive and inferential statistics? And what are their differences?We have seen that descriptive statistics provideRead MoreBUS 308 Week 5 Final Paper1141 Words   |  5 Pagesï » ¿RUNNING HEAD: Statistics Overview Statistics Overview Jennifer Shanley BUS 308-Statistics for Managers Professor Wells November 1, 2014 Statistics Overview Statistics provides us with very useful tools and techniques that aide us in dealing with real world scenarios. I have been able to learn several useful concepts by studying statistics that can aide me in making rational and informed decisions that are supported by the analysis results. Statistics as a discipline is the applicationRead MoreDescriptive Statistics And Its Impact On The Visualization Of The Collective Information878 Words   |  4 PagesIntroduction Statistics, the cornerstone of any empirical study, are the foundation for analyses. In this instance, descriptive statistics, which are data points that describe the distinct qualities of a population, will be explored. Descriptive statistics, the first step of analyzing data, allow for the values to be represented, summarized, and interpreted in a meaningful, but simple, way. Exploring descriptive statistics may provide for the appearance of a pattern or aid in the visualization ofRead MoreDescriptive Statistics : An Definition Of Statistics Essay934 Words   |  4 PagesIntroduction to descriptive statistics help: Definition of Statistics: In simple terms, statistics is termed as a branch of mathematics which basically deals with collection of data and its subsequent analysis and interpretation both qualitatively and quantitatively. In most of the cases the data is numerical, but there are also cases when the data is non-numerical such as relationship between objects. Without statistics, it would be difficult to maintain anything numerical in nature and extremelyRead MoreEssay about Statistics in Sports1073 Words   |  5 PagesStatistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities. Statistics are also used for making informed decisions Ââ€" and misused for other reasons Ââ€" in all areas of business and government. Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. InRead MoreApplication Of Statistical Knowledge For Business1532 Words   |  7 PagesApplication of Statistics in Business Introduction In making important decisions for the business, the collection and accurate analysis of data is one of the most imperative processes. The analysis helps in determining the preferences of the consumers, the quality that the consumers want, the level of competition in the market and the financial ability of the business among others. This makes it imperative for the people running the business to have the knowledge and the necessary skills in statistics forRead MoreThe Essentials of Studying Statistics Essay1236 Words   |  5 PagesThe Essentials of Studying Statistics Introduction Making effective business decisions are always based on cost, time and prospect. Calculating money cost, time cost and forecast of return, all are based on marketing research, data mining, information analysis and findings. The way of the finding the answer is statistics. Statistics – The Method of Organizing Data Broadly, statistics is a set of disciplines for study quantitative information. Implied that several methods used to collectRead MoreThe Effect Of Pay Level On Job Performance Of Call Center Employees Essay858 Words   |  4 Pagesresearch comprises six different sections. These include the introduction, literature review, analysis approach, results, discussion, and conclusion. It is important that these sections are well knit to ensure a logical flow of ideas and clarity in the presentation of the research report. The following section shows the research outline. Topic: The Effect of Pay Level on Job Performance of Call Center Employees I Introduction The introduction describes the problem under investigation and its importance

Mahayana Buddhism Essay Sample free essay sample

Buddhism is an Asiatic faith. founded in North East India. and followed by over three-hundred million people worldwide. Buddhism is the 4th largest faith in the universe. Buddhism was founded by Indian Prince Siddhartha Gautama. known as the Buddha. The faith was founded in 520 BCE. Some may state Buddhism is non a faith. but a doctrine. because Buddhists do non believe in idolizing a Godhead God. Buddhism is chiefly followed in China. Japan. Korea. and most of Southeast Asia. Siddhartha Gautama was born in the 6th century B. C. He was born in Lumbini. the state of modern twenty-four hours Nepal. He was the boy of Suddhodana. who was the swayer of the Sakya people. Siddhartha lived a royal life as the prince. Siddhartha’s father forced him to populate a life of privacy. and wanted him to be treated as the best. At 16 Siddhartha married a immature adult females named Yasodhara. Siddhartha was ordered neer to go forth his land. but he ventured off into the universe. When he was faced with the inevitable agony of the universe. he left his land and newborn boy in order to alleviate the incredible agony of the universe. From so on. he encouraged people to follow a way of balance instead than extremism. He called this The Middle Way. At the age of 35 Siddhartha achieved enlightenment. and earned the name Buddha. – The Buddhist World. The Buddha has taught that there are 12 links in the concatenation of Dependent Arising. The Dependent Arising are the instructions of Buddha on how things came to be. how things are. and how things cease to be. Nothing lives independent of other existences. – O’Brien. Barbara. The 12 links are 1. Ignorance. 2. Karmic formations. 3. Consciousness. 4. Name and signifier. 5. Six senses. 6. Contact. 7. Feeling. 8. Craving. 9. Grasping. 10. Becoming. 11. Birth. and 12. Aging and decease. – Buddhism Fast Fact s There are three major divisions of Buddhism. The three major divisions are Theravada. Mahayana. and Vajrayana. Theravada is the Teaching of the Elders. or the Ancient Teaching. Theravada Buddhists strive to go Arhats. or perfected saints who have attained enlightenment and enlightenment. This is considered to merely be possible for monastics and nuns. who devote their full lives to the undertaking. The construct of a supreme Creator God is rejected or at least considered irrelevant to Theravada Buddhism. Buddha is revered above all. but non viewed as God. He is viewed as a supreme sage. or a theoretical account of a to the full enlightened individual. Theravada is the oldest known Buddhist school. founded in India. Mahayana was besides originated in India. and is the largest of the three schools. Mahayana means the â€Å"Great Vehicle. † Mahayana Buddhism is the primary signifier of Buddhism in North Asia and the Far East. including China. Japan. Korea. Tibet and Mongolia. It is besides known as Northern Buddhism. Mahayana Buddhists hope to go bodhisatvas. Bodhisatvas are people who are able to make enlightenments but hold making so out of compassion in order to salvage suffering existences. Mahayana Buddhists teach that enlightenment can be attained in a individual life-time. and this can be accomplished even by a layman. – Mahayana Buddhism. A layman is a individual who is a non-expert in a given field of cognition. Vajrayana is besides known as Tantrik Buddhism. Tantrayana. Mantrayana. Secret Mantra. Esoteric Buddhism and the Diamond Vehicle. Vajrayana Buddhism developed in India and adjacent states. particularly Tibet. Some consider it to be a subdivision of Mahayana Buddhism. but with the add-on of extra stuff. Others view it as a 3rd distinguishable Buddhist vehicle or way. in add-on to Mahayana and Theravada Buddhism. Vajrayana Buddhism has over ten-million followings. and is split into two chief sub-schools. They are Tibetan Buddhism. and Shingon Buddhism. Tibetan is by and large practiced in Bhutan. Southwestern China. Mongolia. Nepal. Northern India. Russia. and Tibet. Shingon Buddhism is by and large practiced in Japan. – Vajrayana Buddhism There are many Torahs of Buddhism. The Three Jewels of Buddhism are the three cardinal constructs in Buddhism. They are the Buddha. the Dharma. and the Sangha. Buddha being the Godhead. the Dharma being the instructions. and the Sangha being the monastics and/or nuns. There are besides the three psychotic beliefs of Buddhism. The three psychotic beliefs are Contemplation of Emptiness. Contemplation of Falsehood. and Contemplation of the Mean. Contemplation of Emptiness is to interrupt the Delusion on positions and ideas in order to achieve Sarvajna. Sarvajna is the Wisdom of Omniscience or the Wisdom of All Things. Contemplation of Falsehood is to interrupt the Delusion of ‘Chen-sha’ in order to achieve the Wisdom of the Seeds of Way or the Wisdom of the Path. The Contemplation of the mean is to interrupt the Delusion of Ignorance in order to achieve the Wisdom of the Seeds of Omniscience or the Cosmopolitan Wisdom. – Buddhism in a Nutshell. Equally good as Jewels and Delusions. there is besides the Three Trainings of Buddhism. Buddhism follows three preparation or patterns. These three preparations or patterns. consists of the Sila. which include virtuousness. good behavior. morality. There are besides four Baronial Truths. The Buddha’s first discourse after his Enlightenment centered on the Four Noble Truths. which are the foundation of Buddhism. The four Baronial Truths are Life means enduring. The beginning of agony is attachment. The surcease of agony is come-at-able. and The way to the surcease of enduring. There are five principles of Buddhism. which are the regulations and guidelines of Buddhists lives. The principles are do non kill. make non steal. make non prosecute in sexual misconduct. do non lie. and do non util ize alcohols.