Mage - Spheres
Mage - Spheres
WHDFKHUV LQ RXU WUDGLWLRQ :H IHHO WKDW WKH RQO\ ZD\ WR ZLQ WKLV ZDU LV
Avatar WKURXJK ERWK VNLOOHG 0DJLFN XVH DQG VKHHU QXPEHUV 7KHUHIRUH , KDYH
WUDLQHG QLQH RI RXU JUHDWHVW PDJLFLDQV LQ WKH $YDWDU VSKHUH WR WKH
SRLQW ZKHUH WKH\ FDQ $ZDNHQ 6OHHSHUV 7KH\ DUH HDFK JLIWV WR WKH
%\(ULF&KDGGRFN FKDGGRFN#PLQGQHW RWKHU WUDGLWLRQV DQG ZLOO DZDNHQ DQ\ LQGLYLGXDO WKH WUDGLWLRQ OHDGHUV
ZDQW WR WUDLQ 7KH\ ZLOO DOVR WHDFK \RXU VFKRODUV WR XVH WKH $YDWDU
$XWKRU V1RWHV VSKHUH \RXUVHOYHV :H PXVW DOO FRPH WRJHWKHU WR VDYH RXU ZRUOG IURP
HQHPLHV :LWK P\ QHZ $YDWDU VLJKW , QRZ VHH *DLD DV WKH ZHUHZROYHV
+HUH LV KRZ , P SODQQLQJ RQ UXQQLQJ D WHQWK VSKHUH RI 0DJLFN LQ P\ VHH KHU DQG , P QRW DERXW WR OHW KHU GLH 7KLV PD\ VRXQG VXUSULVLQJ
FDPSDLJQ XQWLO :KLWH :ROI FRPHV RXW ZLWK RQH 3/($6( ZULWH FRPLQJ IURP D +ROORZ 2QH EXW WKH QHZ VSKHUH DQG RXU QHZ UROH DV D
FRPPHQWV , G UHDOO\ OLNH WR VHH ZKDW VRPH RI \RX WKLQN WKH WHQWK WUDGLWLRQKDVFKDQJHGXVDOO
VSKHUHVKRXOGEH HVSHFLDOO\WKRVHRI\RXIURP:KLWH:ROI
7KH$YDWDU6SKHUH
,QWURGXFWLRQ
p 6HQVH$YDWDU6HOI(PSRZHUPHQW
$Q H[FHUSW IURP D VSHHFK E\ $ODQ %OXH0RRQ +ROORZ 2QH DW +RUL]RQ p $YDWDU(PSRZHUPHQW6SHDNZLWK$YDWDU
VHYHUDO ZHHNV DIWHU WKH LQGXFWLRQ RI WKH +ROORZ 2QHV LQWR WKH p &UHDWH6PDOO$YDWDU)UDJPHQW$YDWDU
7UDGLWLRQVDVWKHNHHSHUVRIWKHQHZVSKHUHRI$YDWDU p &UHDWH(SLSKDQ\
, DP $ODQ %OXH0RRQ WKH ILUVW GRFXPHQWHG XVHU RI WKH WHQWK VSKHUH RI p 6KDSH3DUDGLJP
0DJLFN RQ (DUWK , KDYH VWXGLHG LW IRU DOPRVW D \HDU QRZ VLQFH , IRXQG
/HYHO6HQVH$YDWDU6HOI(PSRZHUPHQW
LW DQG , UHFHQWO\ JDLQHG PDVWHU\ RI WKH VSKHUH %HFDXVH RI WKLV , KDYH
EHHQ FDOOHG KHUH WR VSHDN RQ WKH VXEMHFW RI WKH XVH RI WKLV VSKHUH LQ WKH
$VFHQVLRQ :DU 7KH VSKHUH RI $YDWDU LV WKH VSKHUH RI WKH $W WKLV OHYHO WKH 0DJH LV DEOH WR VHQVH WKH $YDWDUV DURXQG KHUVHOI DQG
XQGHUVWDQGLQJ RI WKH LQWHUDFWLRQ EHWZHHQ SDUDGLJPV EHWZHHQ WKH OHYHO DW ZKLFK WKH\ VKDSH UHDOLW\ 7KH 0DJH LV DOVR FDSDEOH RI
GLIIHUHQW PLQGV 1RW WR VD\ WKDW DOO PLQGV KDYH $YDWDUV 0DQ\ HPSRZHULQJ KHU RZQ $YDWDU LQFUHDVLQJ LW V VWRUDJH FDSDFLW\ LQ
DUWLILFLDOLQWHOOLJHQFHVFDQWKLQN 4XLQWHVVHQFH
2QO\ QRZ WKURXJK WKH WHQWK VSKHUH FDQ WKH\ HIIHFW WKH IXQFWLRQLQJ RI
/HYHO$YDWDU(PSRZHUPHQW6SHDNZLWK$YDWDU
UHDOLW\ WKURXJK IRUFH RI ZLOO WKURXJK 0DJLFN 2XU VSKHUH DOORZV WKH
DGHSW WR VHQVH DOWHU DQG FUHDWH DYDWDUV DW ZLOO 7KURXJK VHQVLQJ WKHP
ZH FDQ VHH ZKR LV DEOH WR VKDSH UHDOLW\ DQG KRZ ZHOO WKH\ GR LW 7KH 0DJH FDQ QRZ HPSRZHU RWKHU $YDWDUV HYHQ WKRVH ZLWKRXW
7KURXJK DIIHFWLQJ $YDWDUV ZH FDQ VKLIW WKH ORFDO SDUDGLJP WRZDUGV PLQGV 6KH FDQ LQFUHDVH WKH SV\FKLF UHVLGXH RQ DQ REMHFW LQFUHDVH WKH
WKH RQH RI WKH XVHU PDNLQJ YXOJXU PDJLFN FRLQFLGHQWDO :H FDQ DOVR RXWSXW 4XLQWHVVHQFH RI D QRGH HQKDQFH WKH EORRG SRLQW VWRUDJH DQG
XVH LW WR $ZDNHQ WKH 6OHHSHUV DQG JXLGH WKHP LQ WKHLU OHDUQLQJ RI XVH RI D YDPSLUH 7KH 0DJH FDQ DOVR VSHDN IUHHO\ ZLWK KLV $YDWDU
PDJLFN 7KURXJK FUHDWLRQ RI DYDWDUV ZH FDQ PRUH HDVLO\ FUHDWH DOWKRXJK WKLV HIIHFW FDQ DOVR EH GRQH ZLWK 6SLULW 7KH 0DJH QRZ
IHWLVKHVPRUHHDVLO\VKDSHUHDOLW\DQGPRUHHDVLO\JHWULGRISDUDGR[ XQGHUVWDQGV WKH JRDOV RI KLV $YDWDU DQG OHDUQV WR DFFHSW KLV SODFH LQ
7KH WRRO WKDW WKLV VSKHUH LV LV D SRZHUIXO RQH LQGHHG ,I RXU HQHPLHV UHDOLW\ VFLUFOH
ZHUHWRILQGLWRXUWURXEOHVZRXOGVTXDUHLQLQWHQVLW\7KLVLGHDVKRXOG
QRW EH WDNHQ OLJKWO\ 6RPH VD\ WKH WHFKQRFUDWV ZLOO YHU\ VRRQ LI QRW
/HYHO&UHDWH6PDOO$YDWDU)UDJPHQW$YDWDU
QRZ EH DEOH WR KDUQHVV WKH SRZHU RI D *UDQG 8QLILFDWLRQ 7KHRU\ WKDW
WKH\ KDYH EHHQ ZRUNLQJ RQ VLQFH (LQVWHLQ :LWKRXW WKH SRZHU RI WKH 1RZ WKH 0DJH FDQ FUHDWH $YDWDUV RXW RI FKDQQHOHG 4XLQWHVVHQFH ,I
$YDWDU VSKHUH RXU ZDU ZRXOG EH ORVW IRU VXUH %XW LW LV QRW 7KH VSKHUH QRW SXW LQWR D OLYLQJ ERG\ RU PLQG WKH $YDWDU LV MXVW D IUHH URDPLQJ
DOORZV XV WR $ZDNHQ YLUWXDOO\ DQ\ 6OHHSHU ZH ZDQW RQO\ OLPLWHG E\ VSLULW WKDW FDQ EH XVHG LQ 6SLULW PDJLFNV 7KH 0DJH FDQ DOVR NQRFN D
WKH VWDJQDWLRQ RI LWV HVVHQFH 0\ WUDGLWLRQ V QXPEHUV DUH JURZLQJ VR SLHFH RII KHU RZQ $YDWDU WKDW LV $ZDNHQHG DQG KDV VRPH RI KHU
IDVW EHFDXVH RI WKLV WKDW ZH DUH DOPRVW DV ODUJH D WUDGLWLRQ DV DQ\ RI 0DJLFNDODELOLW\ EXWQRWKHUPHPRULHV
\RX 2XU RQO\ SUREOHP LV WXWRUVKLS :H DUH GHVSHUDWHO\ ORZ RQ
$YDWDU
/HYHO&UHDWH(SLSKDQ\ H[DFWO\ KRZ WKLV UDQGRPQHVV ZLOO PDQLIHVW LWVHOI )RU H[DPSOH D 0DJH
EHLQJ FKDVHG RYHU DQ XQVWDEOH ZRRGHQ EULGJH FDQ XVH &KDRV WR DIIHFW
WKH 2SHQ 6\VWHP WKDW LV WKH FKDQFH RI WKH EULGJH FROODSVLQJ %\
7KH 0DJH LV QRZ DEOH WR XVH DQ\ VSKHUH DW OHYHO RQH DQG WUDQVIHU LW V PDQLSXODWLQJ SUREDELOLWLHV RI WKLV KDSSHQLQJ WKH 0DJH FDQ FDXVH WKH
DELOLW\RQWRDQRWKHU$YDWDUDOORZLQJLWWRVHHUHDOLW\DVLWWUXO\LV7KLV EULGJH WR FROODSVH MXVW ZKHQ WKH SHRSOH FKDVLQJ KLP DUH DERXW KDOIZD\
ZLOO XVXDOO\ $ZDNHQ WKH $YDWDU DOWKRXJK VXFFHVV GHSHQGV RQ KRZ DFURVV
VWDWLF WKH $YDWDU KDV EHFRPH 7KLV XVXDOO\ GHSHQGV RQ WKH DJH RI WKH
$Q 2UJDQLVDWLRQ LV D SHFXOLDU V\VWHP LQ WKDW LW FRPELQHV HOHPHQWV RI
SHUVRQ DV D SHUVRQ JHWV PRUH VHW LQ KHU RZQ ZD\V RYHU WLPH 7KH
ERWK &ORVHG DQG 2SHQ 6\VWHPV $Q C2UJDQLVDWLRQ LV KHUH GHILQHG DV D
QHZO\ $ZDNHQHG $YDWDU ZLOO XVXDOO\ KDYH DW OHDVW RQH GRW LQ WKH
FROOHFWLRQRILQGLYLGXDOFRPSRQHQWVWKDWLQWHUDFWLQDFRPSOH[PDQQHU
VSKHUH VKRZQ WR LW GXULQJ HSLSKDQ\ ,Q WKLV ZD\ D 0DJH FDQ FUHDWH D
WKXV %XUHDXFUDFLHV DQG HYHQ 6RFLHW\ DUH 2UJDQLVDWLRQV 7KH\ DUH
QHZPHPEHURIKLVWUDGLWLRQZLWKWKHFRUUHFWVSKHUHIRUWKHWUDGLWLRQ
PHWDRUJDQLVPV FRPSULVLQJ PDQ\ LQGLYLGXDO HQWLWLHV VRPHWLPHV
/HYHO6KDSH3DUDGLJP PLOOLRQV ,Q DOO 2UJDQLVDWLRQV WKHUH LV D ULJLG IUDPHZRUN LQ ZKLFK LW
RSHUDWHV WKH KLHUDUFK\ RI HPSOR\HHV WKH GDLO\ URXWLQH HWF ZKLFK
PDNHV LW D &ORVHG 6\VWHP +RZHYHU DQ\WKLQJ FDQ KDSSHQ ZLWKLQ WKDW
7KH 0DJH FDQ QRZ DIIHFW WKH $YDWDUV RI DOO WKH SHRSOH VSLULWV DQG IUDPHZRUN DV WKH RUJDQLVDWLRQ LQWHUDFWV ZLWK WKH RXWVLGH ZRUOG
REMHFWV DURXQG LW WR DEVRUE WKH SDUDGLJP VKH ZDQWV WR VRPH GHJUHH HPSOR\HHV FDQ DUULYH ODWH RU FDOO LQ VLFN ULYDO FRPSDQLHV FDQ SXW LQ D
DQG IRU D EULHI DPRXQW RI WLPH 7KH WLPH FDQ RI FRXUVH EH H[WHQGHG E\ WDNHRYHU ELG D QHZ FRQWUDFW FDQ EH VLJQHG ZDUV FDQ VWDUW DQG VR RQ
7LPH 0DJLFN 7KH 0DJH FDQ RQO\ DIIHFW RQH 0DJLFNDO RU PDJLFDO ZKLFK PDNHV LW DNLQ WR DQ 2SHQ 6\VWHP $V VXFK 2UJDQLVDWLRQV DUH
HIIHFW DW D WLPH DQG FDQ HLWKHU PDNH LW YXOJDU RU FRLQFLGHQWDO 7KH PRUH GLIILFXOW WR PDJLFNDOO\ DIIHFW EXW RQFH D 0DJH KDV D IRRWKROG
GLIILFXOW\ GHSHQGV RQ KRZ YXOJDU RU FRLQFLGHQWDO WKH 0DJLFN ZDV WR WKHUHZDUGVDQGWKHSRVVLELOLWLHVDUHHQGOHVV
EHJLQ ZLWK 7KLV DELOLW\ LV TXLWH XVHIXO LQ WDOLVPDQ FUHDWLRQ IRU +ROORZ
7KH XOWLPDWH H[SUHVVLRQ RI &KDRV PDJLFN LV &KDRV 7KHRU\ DQG WKH
2QHVEHFDXVHRIWKHLUODFNRIKRUL]RQUHDOPV
DELOLW\ WR UHYHUVH HQWURS\ D 0DJH FDQ PDNH D JDV FORXG GLIIXVH LQ D
FHUWDLQ ZD\ RU QRW GLIIXVH DW DOO RU PDNH LQN GURSV IRUP RXW RI LQN\
ZDWHU DV WKH LQN PROHFXOHV UHDVVHPEOH LQWR D PRUH RUGHUHG VWDWH
Chaos 7KURXJK &KDRV 7KHRU\ WKH 0DJH FDQ FRQWURO HYHQWV LQ WKH IXWXUH
WKURXJKWLQ\PDQLSXODWLRQVRIHYHQWVLQWKHSUHVHQW
,W VKRXOG EH QRWHG WKDW &KDRV FDQQRW EH XVHG WR PDNH PDJLFNV DSSHDU
%\&RQVWDQWLQH7KRPDV FWKRPDV#ODQFDVWHUDFXN
&RLQFLGHQWDO E\ DIIHFWLQJ WKH SUREDELOLW\ WKDW VRPHWKLQJ ZLOO RFFXU
,QWURGXFWLRQ &KDRVDIIHFWVRQO\WKHSUREDELOLWLHVWKDWDPXQGDQHHYHQWFDQRFFXU
&KDRV6SKHUH/HYHO'HVFULSWLRQV
7KH UXOHV SUHVHQWHG EHORZ IRU WKH 6SKHUH RI &KDRV ZHUH RULJLQDOO\
GHVLJQHG IRU P\ RZQ KLJKO\ PRGLILHG YHUVLRQ RI WKH 0DJH UXOHV LI
&KDRV DIIHFWV WKH GHJUHH WKDW UDQGRPQHVV DQG FKDQFH DIIHFW D V\VWHP
\RX ZDQW WR LQFRUSRUDWH WKLV LQWR \RXU V\VWHP ZKLOH UHWDLQLQJ
$V GHVFULEHG DERYH WKHUH DUH WKUHH W\SHV RI SUREDELOLW\ V\VWHPV
6SKHUHV WKHQ , VXJJHVW \RX NHHS WKH 3DWWHUQGHVWUR\LQJ HIIHFWV RI WKH
&ORVHG 2SHQ DQG 2UJDQLVDWLRQDO 6\VWHPV $W WKH KLJKHVW OHYHO
KLJKHU OHYHOV RI (QWURS\ EXW DOVR LQFOXGH WKH &KDRV HIIHFWV DW WKRVH
(QWURS\ LWVHOI FDQ EH UHYHUVHG DOORZLQJ WKH 0DJH WR FRQWURO WKH
OHYHOV WKLV ZRXOG QRW UHTXLUH D PDVVLYH DOWHUDWLRQ WR WKH UHVW RI WKH
GLIIXVLRQ RI JDVHV DQG RWKHU V\VWHPV ZLWK ELOOLRQV RI YDULDEOHV
V\VWHP WKRXJK LW PLJKW PDNH 7KH 6SKHUH RI (QWURS\ D GDPQ VLJKW
1RUPDOO\ D FORXG RI JDV ZRXOG GLIIXVH WKURXJKRXW DQ DUHD ZKHQ
PRUHSRZHUIXO 6R(QWURS\ZRXOGZRUNDVIROORZV
UHOHDVHG UHYHUVLQJ WKH (QWURS\ ZRXOG PDNH LW XQQDWXUDOO\ RUGHUHG
(QWURS\ 3HUFHLYH :HDNQHVV'LVRUGHU (QWURS\ $IIHFW &ORVHG SUHYHQWLQJ LW IURP GLIIXVLQJ ,QFUHDVLQJ WKH DPRXQW RI GLVRUGHU LQ DQ\
6\VWHPV (QWURS\ 'LIIXVH )RUFHV0DWWHU $IIHFW 2SHQ 6\VWHPV SUREDELOLW\ V\VWHP PDNHV LW PRUH UDQGRP DQG XQSUHGLFWDEOH
(QWURS\ :LWKHU /LIH $IIHFW 2UJDQLVDWLRQDO 6\VWHPV (QWURS\ 'HFUHDVLQJ WKH DPRXQW RI GLVRUGHU LQ D V\VWHP PDNHV LW OHVV UDQGRP
,QWHOOHFWXDO(QWURS\5HYHUVH(QWURS\&KDRV7KHRU\ DQG PRUH RUGHUHG LH SUHGLFWDEOH ([DPSOHV RI KRZ WKHVH FDQ
2Q QRZ ILQDOO\ WR WKH &KDRV 6SKHUH 7KHUH DUH QRZ OHYHOV GHYRWHG PDQLIHVWDUHJLYHQEHORZ
WR WKH VWXG\ DQG PDQLSXODWLRQ RI SUREDELOLW\ ,W VKRXOG EH QRWHG WKDW &ORVHG6\VWHPV
WKHVH OHYHOV PD\ DSSHDU WR EH TXLWH SRZHUIXO DQG PD\ WLS WKH EDODQFH
,I GLVRUGHU ZDV LQFUHDVHG LQ D V\VWHP ZKHUH WZR GLFH ZHUH UROOHG
D ELW LQ P\ UXOHV 0DJHV DUH PRUH SRZHUIXO WKDQ LQ WKH PDLQ
WKRXVDQGV RI WLPHV LW LV SRVVLEOH WKDW QR FRQVHFXWLYH UROO ZLOO EH WKH
UXOHERRN 7KH\ UH EDVLFDOO\ MXVW SUHVHQWHG KHUH WR JLYH SHRSOH LGHDV
VDPH6LPLODUO\LIDSDFNRISOD\LQJFDUGV DUUDQJHGLQRUGHURIVXLWDQG
, YH DOVR WULHG WR UHWURILW WKH 6SKHUH RI &KDRV WR WKH VWDQGDUG 0DJH
QXPEHU ZDV WDNHQ DQG VKXIIOHG RQFH LW ZRXOG DSSHDU DV LI LW KDG
UXOHVDVPXFKDVSRVVLEOHWRPDNHLWHDVLHUWRIROORZ
EHHQ VKXIIOHG KXQGUHGV RI WLPHV ,I GLVRUGHU ZDV GHFUHDVHG LQ WKH
'HVFULSWLRQ V\VWHPVGHVFULEHGDERYHUROOLQJWKHWZRGLFHZRXOGDOZD\VUHVXOWHGLQ
WKH VDPH QXPEHU HYHQ LI UROOHG VHYHUDO WKRXVDQG WLPHV ,Q WKH SDFN RI
FDUGV H[DPSOH WKH GHFN FRXOG EH VKXIIOHG D WKRXVDQG WLPHV EXW WKHUH
&KDRV JLYHV WKH 0DJH FRQWURO RYHU WKH DPRXQW RI GLVRUGHU LQ D V\VWHP ZRXOG VWLOO EH RQO\ RQH RU WZR FDUGV GLVSODFHG LI WKH GLVRUGHU ZDV
ZKLFK LQ WXUQ DIIHFWV WKH H[WHQW WKDW UDQGRPQHVV LQIOXHQFHV WKDW GHFUHDVHG
V\VWHP 7KLV LQ WXUQ DOORZV WKH 0DJH WR DIIHFW SUREDELOLW\ LQ 2SHQ
DQG &ORVHG 6\VWHPV $ &ORVHG 6\VWHP LV RQH LQ ZKLFK WKHUH LV D 2SHQ6\VWHPV
GHILQLWH ILQLWH SUREDELOLW\ RI DQ HYHQW RFFXUULQJ DV D UHVXOW RI WKH
LVRODWLRQ RI WKH V\VWHP IURP H[WHUQDO LQIOXHQFHV 7RVVLQJ D FRLQ FUHDWHV
,QFUHDVLQJ GLVRUGHU LQ DQ 2SHQ V\VWHP VXFK DV WKH RSHUDWLRQ RI D
RQH RI WKH PRVW EDVLF &ORVHG 6\VWHPV WKHUH LV D RQH LQ WZR FKDQFH
PDFKLQH FRXOG UHVXOW LQ FRPSXWHU FUDVKHV FLUFXLW EUHDNHUV WULSSLQJ
WKDW WKH FRLQ ZLOO ODQG KHDGV RU WDLOV 2WKHU H[DPSOHV LQFOXGH WKH
IRU QR UHDVRQ ZKLOH RWKHUV IDLO WR WULS ZKHQ WKH\ VKRXOG FDXVLQJ
VKXIIOLQJ RI D SDFN RI FDUGV DQG D JDPH RI 5XVVLDQ 5RXOHWWH LQ WKH
SRZHUVXUJHV FRUUXSWLRQRIFRPSXWHUGDWDDQGVRRQ
ODWWHU WKHUH LV D RQH LQ VL[ FKDQFH WKDW WKH ILULQJ FKDPEHU RI WKH
UHYROYHUZLOOFRQWDLQWKHEXOOHW ZKLFKWKH0DJHFDQDIIHFW 'HFUHDVLQJ GLVRUGHU LQ D PDFKLQH ZRXOG PDNH LW ZRUN PRUH HIILFLHQWO\
DQG PRUH SUHGLFWDEO\ FLUFXLW EUHDNHUV WULS ZKHQ WKH\ VKRXOG EDFN
$Q 2SHQ 6\VWHP LV RQH ZKHUH SUREDELOLW\ LV EHLQJ FRQWLQXDOO\ DIIHFWHG
GRRUV LQWR FRPSXWHU V\VWHPV EHFRPH LQDFFHVVLEOH SKRQH H[FKDQJHV
E\ YDULDEOH RXWVLGH LQIOXHQFHV KRZHYHU WKH 0DJH FDQQRW DIIHFW WKH
URXWHWKHLUFDOOVWRWKHFRUUHFWGHVWLQDWLRQVDQGVRRQ
FKDQFH RI D VSHFLILF HYHQW RFFXUULQJ ,QVWHDG KH FDQ IORRG D V\VWHP
ZLWK &KDRV RU UHGXFH LWV HIIHFW LQ D V\VWHP PDNLQJ LW JHQHUDOO\ PRUH 2UJDQLVDWLRQDO6\VWHPV
RU OHVV UDQGRP LQ LWV RSHUDWLRQ 7KH 0DJH KDV OLWWOH FRQWURO RYHU
&KDRV
,QFUHDVLQJ GLVRUGHU LQ IRU H[DPSOH D EXV\ UHVWDXUDQW FRXOG UHVXOW LQ 2UJDQLVDWLRQDO'LVRUGHU
WDEOHV QHYHU EHLQJ VHUYHG E\ ZDLWHUV FRRNV FDOOLQJ LQ VLFN RQ EXV\
GD\V KHDOWK LQVSHFWRUV DUULYLQJ FXVWRPHUV FRPSODLQLQJ ZDLWHUV
WULSSLQJ XS ZKLOH FDUU\LQJ IRRG HWF 'HFUHDVLQJ GLVRUGHU PD\ UHVXOW LQ $W WKLV OHYHO WKH 0DJH FDQ FRQWURO GLVRUGHU LQ DQ\ RUJDQLVDWLRQ
WDEOHV DOZD\V EHLQJ VHUYHG DV VRRQ DV WKH\ DUH WDNHQ E\ FXVWRPHUV 2UJDQLVDWLRQV FRPELQH HOHPHQWV RI ERWK 2SHQ DQG &ORVHG V\VWHPV
HPSOR\HHV FDOOLQJ LQ RQ WLPH DQG HYHU\WKLQJ JHQHUDOO\ UXQQLQJ OLNH VLQFH WKHLU GDLO\ RSHUDWLRQ LV XQSUHGLFWDEOH QRERG\ NQRZV ZKDW ZLOO
FORFNZRUN KDSSHQ GXULQJ WKH GDLO\ URXWLQH EXW WKH RSHUDWLRQDO IUDPHZRUN LV
LWVHOI IL[HG 2UJDQLVDWLRQV LQFOXGH EXUHDXFUDFLHV EXVLQHVVHV DQG HYHQ
3HUFHLYH3UREDELOLW\ HQWLUH VRFLHWLHV DQG DOVR LQFOXGH FRPSOH[ V\VWHPV WKDW FRQVLVW RI
PDQ\ VXEXQLWV D FODVVLF H[DPSOH EHLQJ D OLYLQJ ERG\ $Q H[DPSOH RI
VXFK D V\VWHP LV D UHVWDXUDQW 8VLQJ &KDRV WKH 0DJH FDQ GHWHUPLQH
7KLV OHYHO DOORZV WKH 0DJH WR DVFHUWDLQ WKH SUREDELOLW\ RI DQ HYHQW
KRZ ZHOO WKH UHVWDXUDQW RSHUDWHV E\ LQFUHDVLQJ WKH GLVRUGHU PRUH
RFFXUULQJ JLYHQ FXUUHQW WUHQGV DQG YDULDEOHV ,W DOVR JLYHV WKH 0DJH
IODZV LQ LWV RSHUDWLRQ ZLOO RFFXU VXFK DV FRRNV FDOOLQJ LQ VLFN KHDOWK
WKH DELOLW\ WR VHQVH ZKHWKHU SUREDELOLWLHV DUH EHLQJ WZHDNHG E\ RWKHU
LQVSHFWRUV YLVLWLQJ RQ D EDG GD\ FXVWRPHUV FRPSODLQLQJ ZDLWHUV
PDJLFNV LQYROYLQJ WKH &KDRV 6SKHUH RU E\ 6OHHSHUV VD\ LI GLH UROOV DUH
WULSSLQJ XS ZLWK IRRG HWF ,I GLVRUGHU LV GHFUHDVHG WKH UHVWDXUDQW ZLOO
EHLQJDIIHFWHGE\PDJQHWVXQGHUD&UDSVWDEOHLQDFDVLQR
RSHUDWHPRUHVPRRWKO\ZLWKYHU\IHZSUREOHPV LIDQ\
7KLV DOVR DOORZV D 0DJH WR VHQVH WKH DPRXQW RI GLVRUGHU LQ D V\VWHP
ZKLFK DOORZV KLP WR VHH ZKLFK SDUWV RI WKH V\VWHP DUH WKH PRVW 5HYHUVH(QWURS\&KDRV7KHRU\
RUGHUHG DQG ZKLFK DUH WKH PRVW GLVRUGHUHG ,Q PRVW FDVHV WKH PRVW
GLVRUGHUHG SDUWV RI D V\VWHP DUH LWV ZHDNHVW SRLQWV 1RWH WKDW WKLV FDQ
8VH RI 5HYHUVH (QWURS\ LV DOZD\V 9XOJDU XQOHVV WKH 0DJH LV YHU\
RQO\ EH XVHG RQ LWV RZQ LQ V\VWHPV FRQWDLQLQJ ODUJH QXPEHUV RI
LPDJLQDWLYH DV LW YLRODWHV RQH RI WKH NH\ ODZV RI SK\VLFV WKH
LQGLYLGXDO YDULDEOHV VXFK DV RUJDQLVDWLRQV DQG QHWZRUNV ILQGLQJ WKH
6HFRQG /DZ RI 7KHUPRG\QDPLFV %\ UHYHUVLQJ HQWURS\ WKH 0DJH LV
ZHDN VSRWV RI D OLYLQJ RU QRQOLYLQJ PDWHULDO ZRXOG UHTXLUH
HIIHFWLYHO\ UHZLQGLQJ DQ HYHQW WKURXJK WLPH DOWKRXJK WLPH LV VWLOO
FRQMXQFWLRQDO PDJLFN LQYROYLQJ &KDRV DQG WKH DSSURSULDWH 6SKHUH DW
SDVVLQJ LQ WKH QRUPDO ZD\ IURP SDVW WR IXWXUH :LWK WKLV D 0DJH
OHYHO 7KXV WR ILQG WKH ZHDNHVW RU WKH VWURQJHVW SRLQW LQ D PHWDO
FDQ FDXVH WKH LQN LQ LQN\ ZDWHU WR UHWXUQ LQWR D GURS RI LQN D JDV
ZDOO ZRXOG UHTXLUH 0DWWHU DQG &KDRV 1RWH WKDW RWKHU 0DJLFNV RU
UHOHDVHG IURP D ER[ WR GLIIXVH EDFN LQWR WKH ER[ RU D VXJDU FXEH WR
VNLOOV PXVW EH XVHG LI WKH 0DJH ZLVKHV WR H[SORLW DQ\ ZHDN SRLQWV
UHIRUP DIWHU EHLQJ GURSSHG LQWR D KRW FRIIHH 7KLV LV GRQH E\ UHYHUVLQJ
&KDRV FDQQRW LWVHOI PDQLSXODWH WKHVH ZHDN SRLQWV LW FDQ RQO\
HQWURS\ ,Q QDWXUH HQWURS\ LV DOZD\V LQFUHDVLQJ HYHQWV DUH DOZD\V
GHWHFWWKHP
JRLQJIURPRUGHUHGWRGLVRUGHUHG ZKHUHWKH\DUHLQHTXLOLEULXPDQGVR
'LVRUGHULQ&ORVHG6\VWHPV DUH VWDEOH LQN GURSSHG LQ ZDWHU LV QRW VWDEOH DV D GURS VR GLIIXVHV WR
FRORXU WKH ZDWHU 5HYHUVLQJ (QWURS\ FDXVHV GLVRUGHU WR HYROYH EDFN
LQWR RUGHU WKXV WKH LQN UHIRUPV WR IRUP D GURS LQ WKH ZDWHU
$W WKLV OHYHO WKH 0DJH FDQ FRQWURO WKH DPRXQW RI GLVRUGHU LQ DQ\ +RZHYHU WKH RUGHUHG VWDWH LV UDUHO\ VWDEOH VR HIIHFWV DW WKLV OHYHO FDQ
&ORVHG 6\VWHP 7KLV LQFOXGHV WRVVLQJ FRLQV UROOLQJ GLFH DQG VKXIIOLQJ RQO\ODVWDVORQJDVWKH0DJHFRQFHQWUDWHV
FDUG GHFNV ,W JLYHV WKH 0DJH H[WUDRUGLQDU\ FRQWURO RYHU DQ\ JDPHV RI
$OVR WKLV OHYHO JLYHV WKH 0DJH FRQWURO RYHU V\VWHPV FRQWDLQLQJ ELOOLRQ
FKDQFH DQG EDVLFDOO\ DOORZV KLP WR GR DV KH SOHDVHV ZLWK WKH
RI YDULDEOHV D JRRG H[DPSOH RI WKLV LV WKH LQIDPRXV %XWWHUIO\ (IIHFW
SUREDELOLWLHV RI WKH V\VWHP +RZHYHU QRWH WKDW UHSHDWHG XVH RI WKLV LQ
,Q &KDRV 7KHRU\ WKH ILQDO RXWFRPH RI DQ HYHQW FDQ EH UDGLFDOO\
WKH VDPH SODFH ZLOO GUDZ WKH LUH RI 6OHHSHUV ZKR ZLOO VXVSHFW WKH
FKDQJHG E\ WKH VOLJKWHVW DOWHUDWLRQ RI LWV VWDUWLQJ FRQGLWLRQV $W WKLV
0DJH RI IRXO SOD\ LI KLV GLFH NHHS UROOLQJ GRXEOHVL[HV RU PD\ HYHQ
OHYHO WKH 0DJH LV DFWXDOO\ DZDUH RI SUHFLVHO\ ZKDW PXVW EH GRQH WR
LQYRNHWKH'RPLQR(IIHFW VHH%R6
JXLGH WKH V\VWHP LQWR WKH GHVLUHG RXWFRPH 7KLV DOORZV KLP IRU
'LVRUGHULQ2SHQ6\VWHPV H[DPSOH WR FRQWURO WKH ZHDWKHU RU DIIHFW HYHQWV LQ WKH IXWXUH E\
PRGLI\LQJWKHLUVWDUWLQJFRQGLWLRQV
$W WKLV OHYHO WKH 0DJH FDQ FRQWURO WKH DPRXQW RI GLVRUGHU LQ DQ 2SHQ &KDRV6SKHUH6XPPDUL]HG
6\VWHP 1RWH WKDW WKLV GRHV QRW DOORZ D 0DJH WR GLUHFWO\ RU
VSHFLILFDOO\ DIIHFW SK\VLFDO REMHFWV UDWKHU LW DIIHFWV WKH UDQGRPQHVV
6SKHUH (IIHFW
ZLWKLQ VXFK V\VWHPV 7KXV D 0DJH FDQ PDNH DQ XQVWDEOH EULGJH
FROODSVH DW D JLYHQ PRPHQW E\ DIIHFWLQJ WKH SUREDELOLW\ WKDW WKLV ZLOO 3UREDELOLW\3HUFHSWLRQ
KDSSHQ EXW FDQQRW DFWXDOO\ GR WKLV E\ GLUHFWO\ DIIHFWLQJ WKH PDWHULDO
RIWKHEULGJHLWVHOIWKDWZRXOGUHTXLUH0DWWHUPDJLFN 'LVRUGHU&RQWURO &ORVHG6\VWHPVRQO\
7KLV FDQ EH XVHG IRU D KXJH YDULHW\ RI XVHV LW FDQ EH XVHG WR DIIHFW 'LVRUGHU&RQWURO 2UJDQLVDWLRQVRQO\
WKH SUREDELOLW\ RI WKH WDUJHW EHLQJ UXQ RYHU E\ D EXV RU KLW E\ D IDOOLQJ 'LVRUGHU&RQWURO 2SHQ6\VWHPVRQO\
EULFN EHQHDWK D EXLOGLQJ VLWH RU HYHQ EHLQJ FOREEHUHG E\ D PHWHRULWH 5HYHUVH(QWURS\&KDRV7KHRU\
+RZHYHU WKH GLIILFXOW\ RI D &KDRV HIIHFW LV GLUHFWO\ OLQNHG WR WKH
SUREDELOLW\ RI VXFK DQ HYHQW RFFXULQJ EHLQJ KLW E\ D PHWHRULWH LV
LQFUHGLEO\ XQOLNHO\ DQG ZLOO SUREDEO\ RQO\ ZRUN RQ D GLIILFXOW\ RI
DERXW PHDQLQJ FRSLRXV DPRXQW RI 4XLQW KDYH WR EH EXUQHG
The Comedy Sphere
ZKLOH EHLQJ WUDPSOHG XQGHUIRRW LQ D ULRW ZRXOG RQO\ EH D GLIILFXOW\ RI
RU %\ LWV YHU\ QDWXUH &KDRV PDJLFN LV DOZD\V FRLQFLGHQWDO LW
FDQQRW EH XVHG WR PDNH VRPHWKLQJ KDSSHQ WKDW LV QRW SRVVLEOH LH D %\6FRWW+LOOPDQ V\PPHV#VIVXHGX
EULFN FDQQRW MXVW IO\ RXW RI D ZDOO WKDW LW LV FHPHQWHG LQ DQG KLW WKH '\LQJWKDW VHDV\&RPHG\WKDW VKDUGROGVD\LQJ
WDUJHW RQ WKH KHDG +RZHYHU D EULFN PD\ IDOO RII D SLOH RI EULFNV RQ WKH
WK IORRU RI D EXLOGLQJ VLWH LI VXFK D SLOH H[LVWV 7KH FLUFXPVWDQFHV PXVW 'HVFULSWLRQ
DOORZ WKH HIIHFW WR RFFXU DQG QRW WKH RWKHU ZD\ URXQG 6R LQ WKH SUHYLRXV
H[DPSOH WKH EULGJH PXVW EH XQVWDEOH DQG OLNHO\ WR FROODSVH LI WKH )LUVW GLVFRYHUHG ZKHQ LQ %& 8UJ DFFLGHQWDOO\ GURSSHG D WUHH
0DJH LV WR DFWXDOO\ PDNH WKLV KDSSHQ DW DQ RSSRUWXQH PRPHQW 7KLV WUXQN RQ %RUN V IRRW WKH DQFLHQW DQG UHVSHFWHG VSKHUH RI FRPHG\ KDV
SXWV D KHDY\ RQXV RQ WKH 6WRU\WHOOHU ZKR LV UHVSRQVLEOH IRU DFFXUDWHO\ ORQJ EHHQ VWXGLHG LQ DWWHPSWV WR ZLQ IULHQGV LQIOXHQFH SHRSOH DWWUDFW
GHVFULELQJWKHHQYLURQPHQWWRWKH&KDRVXVLQJ0DJH PHPEHUV RI WKH RSSRVLWHVDPHZKDWHYHU VH[ IRU URPDQWLF SXUSRVHV
DQGLQJHQHUDOIRUWKHKHOORILW
7KH&RPHG\6SKHUH
+RZHYHU LW ZDVQ W XQWLO WKH WKLUWHHQ KXQGUHGV WKDW WKH PDJLFDO MRNH ZLOO RQO\ ZRUN IRU &DWKROLF &KRULVWHUV DQG <LGGLVK KXPRU ZLOO
LPSOLFDWLRQV DQG SRZHU RI KXPRU ZDV GLVFRYHUHG HYHQ WKRXJK LW LV RQO\ :RUN IRU -HZV ,W LV QRW QHFHVVDU\ IRU WKH VXEMHFW RI WKH VSHOO WR EH
WKRXJKW WKDW HDUOLHU DQG XQVWXGLHG JURXSV RI 2USKDQ PDJLFLDQV KDG RI WKH VDPH UHOLJLRXV EDFNJURXQG EXW LW KHOSV 5HDVRQLQJ *RG JUDQWV
GHYHORSHG SURILFLHQF\ LQ WKLV VSKHUH ,Q SDUWLFXODU LW LV EHOLHYHG WKDW XVRXUSRZHUVWKXVWRLQYRNHLWZHPXVWHYRNHKLPLQRXUEOHVVLQJV
XVH RI WKLV PDJLF ZDV UHVSRQVLEOH IRU WKH VWUDQJH P\VWHULRXV SLH WKDW &XOW RI (FVWDV\ 3LH 7R XVH WKLV VSKHUH WKH &XOWLVW PXVW LQ VRPH ZD\
KLW+DQQLEDOLQWKHIDFHDWWKHEDWWOHRI=XPDKHOSLQJKLVGHIHDW LQYROYH SLH RU SLH UHODWHG SURGXFWV &RFRQXW FUHDP SLH LV JHQHUDOO\
7KH HDUOLHVW NQRZQ DWWHPSW WR VWXG\ DQG FODVVLI\ WKLV VSKHUH ZDV SUHIHUUHG EXW DQ\ SLH ZLOO GR 5HDVRQLQJ &RPH RQ 3LH LW ZRUNV
DWWHPSWHG LQ WKLV WKLUWHHQWK FHQWXU\ E\ D JURXS RI KLJKO\ ZDUSHG RQVRPDQ\OHYHOV
9HUEHQDZKRZHUHWU\LQJWRXQGHUVWDQGZK\GXULQJKXPDQVVDFULILFHV 'UHDPVSHDNHUV )HDWKHU 7WKLV KDV WR EH WKH 'UHDPVSHDNHU V PDJLF
WKH\ LQYDULDEO\ VWDUWHG ODXJKLQJ XQFRQWUROODEO\ 7KH\ ZHUH WKH ILUVW IHDWKHU XVHG LQ WLFNOLQJ GXVWLQJ ZDYLQJ LQ D KXPRURXV PDQQHU HWF
RQHV WR EULQJ WKLV VSKHUH RI PDJLF RI WR WKH DWWHQWLRQ RI WKH PDJH 5HDVRQLQJ +XPRU KDV PDQ\ XVHV P\ VRQ EXW LW FRPHV IURP WKH
FRPPXQLW\ PDJLF SDWKZD\V RI WKH FRVPRV VR WR XVH LW XVH PXVW LQYRNH WKH PDJLF
:KDW WKH\ GLVFRYHUHG ZRXOG VXUSULVH PDQ\ SHRSOH &RPHG\ LV QRW RIWKHXPEUD
VLPSO\ +DUSR KLWWLQJ =HSSR ZLWK D UXEEHU FKLFNHQ EXW D P\VWLFDO (XWKDQDWRV 'HDG %DELHV 7R XVH WKLV VSKHUH WKH (XWKDQDWRV PXVW
IRUFH WKDW FDQ EH PHDVXUHG DQG FRQWUROOHG 7KH\ GLVFRYHUHG WKDW WKH EULQJ RXW D GHDG EDE\ DQG JHQHUDOO\ PDNH IXQ RI LW FKXFNOH DW LW RU
+XPRU IRUFH 2U DV WKH +HUPHWLF PDJHV FDOO LW <8&.6 <RXULFN V RWKHUZLVH VHHP DPXVHG E\ LW QRWH (XWKDQDWRV DUH QRW NQRZQ IRU
8QLILHG &RPHGLDO .LQHWLF 6RXUFH LV D KLJKO\ VSHFLDOL]HG IRUP RI WDVV WKHLU VHQVH RI KXPRU 5HDVRQLQJ 'HDWK LV WKH JUHDWHVW MRNH RI DOO ZHOO
EXW LQ D IRUP WKDW LV XQOLNH RWKHU IRUPV RI TXLQWHVVHQFH ,W FDQ GLUHFWO\ WKH VHFRQG JUHDWHVW 7KH 0LVV $PHULFD SDJHDQW LV RI FRXUVH WKH
ZDUS WKH SK\VLFDO ZRUOG WKURXJK KLJK HQRXJK SRZHU OHYHOV E\ LWVHOI JUHDWHVWMRNHRIDOO
,W IROORZV D VWUDQJH VHW RI UXOHV WKDW GLFWDWH ZKDW LW FDQ DQG FDQ W
2UGHU RI +HUPHV ([SODQDWLRQ 7R XVH WKLV VSKHUH WKH +HUPHWLF VDJH
HIIHFW DQG KRZ LW FDQ HIIHFW WKHP EDVHG RQ WKH FRQFHSW RI ZKDW LV
PXVW ILUVW H[SODLQ RXW ORXG WR QR RQH LQ SDUWLFXODU WKH FRPSOHWH DQG
IXQQ\ 7KHVH UXOHV FDQ FKDQJH TXLFNO\ DQG RQFH FKDQJHG DUH
XWWHU PHDQLQJ RI WKH KXPRURXV HIIHFW WR ZKRPHYHU LV OLVWHQLQJ /DWLQ
DSSOLFDEOH QRW RQO\ WR WKH PDJH EXW WR DOO WKRVH HYHQ SHULSKHUDOO\
LV SUHIHUUHG 5HDVRQLQJ 7R FRQWURO WKH <8&.6 \RX PXVW
HIIHFWHG7KXVWKHPDJHFDQXVHLWWRDOPRVWLQILQLWHSRZHUEXWRQO\LI
XQGHUVWDQGWKH<8&.6
WKH UHVXOW FDQ EH FODVVLILHG DV IXQQ\ $Q\ DWWHPSWV WR XVH WKLV VSKHUH
IRU QRQKXPRURXV UHVXOWV VLPSO\ IDLO VR D VHQVH RI KXPRU LV YLWDO LQ LWV 6RQV RI (WKHU ([SORGLQJ REMHFWV 7R XVH WKLV VSKHUH WKH 0DJH PXVW
XVH ILUVW PDNH DQ LWHP WKDW ZLOO VRPHKRZ H[SORGH LQ D QRQKDUPIXO DQG
KRSHIXOO\ XQH[SHFWHG ZD\ *LIW ER[HV DUH SUHIHUUHG 5HDVRQLQJ <RX
0DJHV KDYH GLYLGHG LW IXUWKHU LQWR ILHOGV RI *UHDWHU DQG /HVVHU
PXVW XQGHUVWDQG IUHXOLHQ WKH UHOHDVH RI HQHUJ\ LQ H[SORGLQJ REMHFWV
&RPHG\ /HVVHU FRPHG\ RU DV LW LV FDOOHG -RNLQJ LV FRPHG\ WKDW FDQ
FDQFDXVHDVKRUWWHUPHSLOHSWLFPRWLRQLQDKXPDQVIDFLDODUHD7KLVLV
RQO\ HIIHFW WKH XVHU RQ PHQWDOO\ DQG WKHQ RQO\ EULHIO\ HYHQ WKRXJK
FROORTXLDOO\FDOOHGODXJKLQJ
VRPH ZKLVSHU DW PXFK PRUH SRZHUIXO MRNHV EHLQJ SRVVLEOH ,W FDQQRW
DIIHFW WKH SK\VLFDO SODQH *UHDWHU FRPHG\ RU KXPRU LV PXFK PRUH 9HUEHQD &KLFNHQV 7R XVH WKLV PDJLFN WKH 9HUEHQD PXVW ILUVW LQYRNH
SRZHUIXO LW FDQ HIIHFW WKH SK\VLFDO ZRUOG LQ VWUDQJH DQG P\VWHULRXV WKH +XPRU SRWHQWLDO RI WKH FKLFNHQ DQG GR VRPH W\SH RI KXPRURXV
ZD\V EHQGLQJ WKH ODZV RI SK\VLFV DQG RI PDWWHU HQHUJ\ WLPH DQG HIIHFW ZLWK LW 5HDVRQLQJ :K\HWK GRHVWK WKH FKLFNHQ FURVVHWK WKH
VSDFHWRPDNHVWKLQJVZHOOIXQQ\ URDG" 7R *HWLWK WR WKH RWKHU VLGH :H PXVW IROORZ WKH ZD\V RI WKH
FKLFNHQ
6RPH KDYH WKHRUL]HG WKDW FRPHG\ FRPHV IURP D GLPHQVLRQ VLPLODU WR
WKH GHHS XPEUD VHSDUDWHG E\ LWV RZQ VHQVH RI KXPRU JDXQWOHW WKDW 9LUWXDO $GHSWV &RPSXWHU 6KRUWKDQG 7R XVH WKLV VSKHUH WKH DGHSW
ZDV SXW LQ SODFH LQ DQ XQNQRZQ PDQQHU 6RPH KDYH WKHRUL]HG WKDW PXVW VRPH KRZ >W\SLFDOO\ WKURXJK D FRPSXWHU@ PDNH FRPPRQ
1HSKDQGL DUH UHVSRQVLEOH IRU WKLV JDXQWOHW DV +XPRU FDQ JLYH SHRSOH LQWHUQHW VKRUW KDQG VXFK DV UROI HWF HWF 7KLV PXVW EH ZULWWHQ
UHVSLWH IURP WKLHU SUREOHPV 7KH WUXH SRZHU RI FRPHG\ ZLWKRXW WKLV DQGFDQQRWEHRUDOO\XVHG5HDVRQLQJ2QWKHLQWHUQHWLWLVGLIILFXOWWR
EDUULHU LV XQNQRZQ 7KH\ VD\ ZKHQ PDJHV FUDIW WKHLU KXPRURXV FRPPXQLFDWH HPRWLRQV WKHUHIRUH LW LV QHFHVVDU\ WR FUHDWH D V\VWHP WR
UHVXOWV DQG ZKHQ SHRSOH ODXJK DW WKHP WKH JDXQWOHW LV ZHDNHQHG FRPPXQLFDWHWKHVHIRUXVH7KLVV\VWHPZRUNVZRQGHUIXOO\
OHWWLQJ FRPHG\ HQHUJ\ LQWR WKH ZRUOG 6RPH KDYH IXUWKHU WKHRUL]HG
WKDW FRPHG\ LV WKH IRUFH RI SXUH DVFHQVLRQ WKDW OHDNV WKURXJK WR 'HWHFW+XPRUV
XQLYHUVHDQGWRDVFHQGWKHPDJHPXVWILUVWJHWWKHMRNH
7KLV VSKHUH KDV DOZD\V EHHQ SRSXODU ZLWK RUSKDQV DQG VRPH KDYH $W WKLV OHYHO RI &RPHG\ WKH 0DJH FDQ GHWHFW KXPRU LQ DQ\ IRUP
HYHQ DGYDQFHG WR RUDFOH VWDJHV 6RPH RI WKHVH EHLQJV VWLOO UHPDLQ RQ ZKHWKHU LQ D MRNH ZLWWLFLVP RU DQ\ DFWLRQ WKDW LV GHVLJQHG WR EH
WKH SK\VLFDO SODQH EXW VWD\ DORRI WHQGLQJ WR ZRUN LQ PDMRU PRWLRQ KXPRURXV E\ DQ\ RQH ,W LV LPSRUWDQW WR QRWH WKDW %\ PDNLQJ D
SLFWXUHV RU WDON VKRZ H[WUDV 6RPH GHOYH LQWR WKH XPEUD ZKHUH WKH\ SHUFHSWLRQ UROO ZLWK D GLIILFXOW\ RI WKH SHUVRQ V GRLQJ WKH DFWLRQ ZLWV
GLVFXVVIDFLDOFRQWRUWLRQVZLWK-HUU\/HZLV WKH PDJH FDQ VHQVH ZKHWKHU DQ\ DFWLRQ LQFOXGLQJ DQ\ XVH RI PDJLFN
7KLV VSKHUH LV RSHQ WR DQ\ PDJH RI HLWKHU WHFKQRFUDWLF WUDGLWLRQDO RU SHUIRUPHG ZDV GHVLJQHG IRU FRPHGLF HIIHFW 7KH RQO\ WLPH RU VSDFH
0DUDXGHU SHUVXDVLRQ 1HSKDQGL KDYH VR IDU EHHQ XQDEOH WR KDUQHVV LWV OLPLWDWLRQ LV WKDW WKH PDJH PXVW KDYH D FOHDU NQRZOHGJH RI WKH HYHQW
HIIHFW 6WUDQJHO\ WKLV VSKHUH LV PRVW SRSXODU ZLWK WKH 7HFKQRFUDF\ VR IRU H[DPSOH LI D PDJH NQRZV WKDW LQ VRPH RQH WKUHZ D SLH LQ
ZKR VHH LW DV D ZD\ RI FRQWUROOLQJ WKH PDVVHV 7UDGLWLRQDO PDJHV KDYH VXFK DQG VXFK IDFH LQ =LPEDEZH WKH PDJH ZRXOG NQRZ DERXW LW
EHHQ VORZ WR XQGHUVWDQG LW EXW LW LV VWURQJO\ EHOLHYH WKDW VRRQ WKH XQOLNH DV FRPPRQO\ WKRXJKW MRNHV QHYHU GLH 2Q D VXFFHVV WKH PDJH
$VFHQVLRQZDUZLOOEHIRXJKWXVLQJWKHIRUFHRIFRPHG\ GHWHUPLQHV ZKHWKHU WKH DWWHPSW ZDV LQWHQGHG WR EH KXPRURXV RU QRW
2Q PXOWLSOH VXFFHVVHV WKH PDJH FDQ JUDVS VRPH RI WKH MRNHV
)RFL LQWULFDFLHV 2Q D ERWFKHG UROO WKH PDJH ILQGV LW VR IXQQ\ ZKHWKHU LW
ZDV GHVLJQHG WR EH RU QRW WKDW KH FDQ QRW WDNH DQ\ DFWLRQV IRU WKUHH
URXQGV RWKHU WKDQ ODXJK DW WKH MRNH 1RWH WKDW DOO XVHV RI FRPHG\
(DFKPDJHJURXSKDVWKHLURZQIRFLIRUWKHVSKHUH PDJLFFRXQWDVKXPRUIRUSXUSRVHVRIWKLVHYHQIDLOHGRQHV
$NDVKLF EURWKHUKRRG 6TXLUWLQJ IORZHUV 7R XVH WKH VSKHUH WKH PDJH
PXVW ILUVW VRPHKRZ GRXVH WKH VXEMHFW ZLWK VRPH DPRXQW RI ZDWHU RU &RQWURO-RNH
DQRWKHU IOXLG 7KH VTXLUWLQJ IORZHU LV RQO\ WKH PRVW REYLRXV RI WKHVH
5HDVRQLQJ 7R XVH 0DJLFN \RX PXVW SXULI\ JUDVVKRSSHU %XW KXPRU $W WKLV SRLQW WKH PDJH FDQ XVH KLV SRZHU WR DIIHFW WKH VLPSOHVW NLQG RI
FRPHV IURP WKH XQH[SHFWHG &HOHVWLDO &KRUXV 5HOLJLRXV MRNH 7R KXPRU MRNHV $Q\ DWWHPSW XVLQJ KXPRU LQ ZULWWHQ VRPDWLF RU
XVH WKH VSKHUH WKH PDJH PXVW ILUVW LQ VRPH ZD\ DWWHPSW WR WHOO VRPH JHVWXUHG FRPPXQLFDWLRQ LQFUHDVHV WKH FKDQFHV RI VXFFHVV RU IDLOXUH
IRUP RI YHUEDO ZLWWLFLVP KDYLQJ WR GR ZLWK D UHOLJLRXV PDWWHU ,W KDV WR 7KH PDJH FDQ PDNH D &RPHG\ :LWV UROO DQG DQ\ VXFFHVV DOORZV WKH
EH RI WKH VDPH UHOLJLRXV EDFNJURXQG RI WKH VDPH PDJH VR WHOOLQJ D QXQ PDJH WR HLWKHU DGG RU VXEWUDFW IURP WKH QXPEHU RI VXFFHVVHV RI WKH
7KH&RPHG\6SKHUH
UROO 1RWH WKH PDJH FDQQRW XVH WKLV XSRQ KLV RZQ DWWHPSWV WR FUHDWH ZD\ ZLOO KDUP \RX DQG DQ\ JRRG HIIHFW ZLOO KHOS WKH SHUVRQ ZKR LW
MRNHV $OVR QRWH WKDW ZKLOH WKH\ FDQ KDYH PHQWDO DQG VRFLDO HIIHFWV ZLOO OHDVW GHVLURXV WR \RX WR KHOS 7KLV LV DIIHFWHG E\ SDUDGR[ DQG
WKLVXVDJHRIPDJLFFDQQHYHUKDYHGLUHFWSK\VLFDOHIIHFWV WHQGV WR EH UXWKOHVVO\ HIIHFWLYH EXW FDQ EH KLGGHQ E\ FRLQFLGHQWDO
1RWH WKLV LV DFFRPSOLVKHG FRLQFLGHQWDOO\ E\ VFRZOLQJ ODXJKLQJ HIIHFWV *HH LVQ W OXFN\ WKH\ ZHUH FDUU\LQJ D SLDQR RYHU WKDW +,7
DSSURSULDWHO\ RU LQDSSURSULDWHO\ RU PDNLQJ WKH VXEMHFW UHPHPEHU WKDW 0DUN
KHDOUHDG\KDVKHDUGWKDWRQH
2UDFOHSRZHUV
&UHDWH-RNH
+DYH D EODVW ZLWK WKLV RQH SHUKDSV TXLWH OLWHUDOO\ 7KH PRVW EDVLF
$W WKLV OHYHO RI &RPHG\ WKH PDJH KDV ILQDOO\ KDYH HQRXJK FRQWURO RI SRZHU ZRXOG EH WR ZDUS 6HQVH RI +XPRU OHWWLQJ \RX FKDQJH ZKDW
WKH <8&.6 IORZ LQWR WKH ZRUOG WR DFWXDOO\ 0DNH D MRNH 1RZ D SHRSOH WKLQN LV IXQQ\ 7KLV FRXOG SRVVLEO\ EH WKH PRVW SRZHUIXO IRUFH
MRNH DUH D SRZHUIXO WKLQJ %\ WHOOLQJ RQH \RX FDQ KDYH PXOWLSOH HIIHFWV LQ WKH NQRZQ XQLYHUVH ZKLFK LV SHUKDSV ZK\ LQ PDQ\ FXOWXUHV VKRUW
VRPH JRRG DQG VRPH PLQGERJJOLQJO\ HYLO +HUH DUH VRPH VDPSOH SHRSOHDUHFRQVLGHUHGIXQQ\
HIIHFWV )HHO IUHH WR PDNH XS \RXU RZQ $OO RI WKH UROOV DUH
ZLWVFRPHG\
,PSUHVV GLII <RX FDQ VXEWUDFW DV PDQ\ VXFFHVVHV DV \RX JHW RQ
Information
DQ\ PDQLSXODWLRQ RU VHGXFWLRQ SROLWLFDO RU (WLTXHWWH GLIILFXOW\ OHYHOV
7KLVLVDFFRPSOLVKHGE\DZLWW\OLQHMRNHVDQGRWKHUJXIIDZV
%\&RQVWDQWLQH7KRPDV FWKRPDV#ODQFDVWHUDFXN
5ROO RQ WKH )ORRU /DXJKLQJ GLII 7KH QXPEHUV RI VXFFHVVHV \RX
JHW RQ WKLV UROO DUH WKH QXPEHU RI WXUQV \RXU RSSRQHQW LV LQFDSDFLWDWHG ,QWURGXFWLRQ
E\ ODXJKWHU DQG FDQ GR QRWKLQJ EXW ODXJK VTXHDO DQG EH RI JHQHUDOO\
QR XVH WR DQ\RQH 1RWH WKDW E\ PDNLQJ D ZLOOSRZHU UROO KH FDQ
FRXQWHU WKLV HIIHFW EXW HYHQ LI KH GRHV VR KH LV VWLOO DW PLQXV WKUHH IRU 7KH 6SKHUH RI ,QIRUPDWLRQ JRYHUQV WKH GHILQLWLRQ RI 3DWWHUQV DQG
WKH GXUDWLRQ RI WKH HIIHFW 1RWH WKDW WKLV LQVWDQWO\ HQGV LI KH LV 3DUDGLJPV ZLWKLQ 5HDOLW\ $W WKH ORZHVW OHYHOV LW FDQ RQO\ DIIHFW
DWWDFNHG LQ DQ\ ZD\ .QRFN .QRFN GLII %\ DFKLHYLQJ D PXFK LQIRUPDWLRQ ZLWKLQ 6XEMHFWLYH 5HDOLW\ ZKLOH DW KLJKHU OHYHOV
DOORZ DQ\WKLQJ LQ WKH XQLYHUVH $ VLQJOH VXFFHVV RQ WKLV UROO \RX FDQ LQIRUPDWLRQ FDQ EH PDQLSXODWHG LQ 2EMHFWLYH 5HDOLW\ LQFUHDVLQJ RU
FDXVH WKH SHUVRQ \RXU HIIHFWLQJ WR VWRS DQG VFUDWFK KHU KHDG IRU GHFUHDVLQJWKHVWDELOLW\RIWKHWDUJHWZLWKLQ5HDOLW\
KHU RZQ ZLWV URXQGV $V ZLWK DOO RI HIIHFWV RI WKLV SRZHU LI WKH YLFWLP 7KH 6SKHUH RI ,QIRUPDWLRQ FDQ EH LQFRUSRUDWHG LQWR WKH VWDQGDUG
LV DWWDFNHG VKH FDQ LQVWDQWO\ JHW RXW WKH HIIHFW :RNND :RNND GLII 0DJH V\VWHP LQ RQH RI WZR ZD\V LW FDQ HLWKHU EH LQWURGXFHG DV WKH
YDU 7KH PDJH DW WKLV OHYHO FDQ IRU D EULHI SHULRG PDNH KLPVHOI IDEOHG WK 6SKHUH RI WKH 9LUWXDO $GHSWV DOVR NQRZQ DV 3DUDGLJP
LPPXQH WR DWWDFNV XQOHVV WKH DWWDFNHU ZLQV D 0DQLSXODWLRQ FKDOOHQJH RU LW FDQ EH LQFRUSRUDWHG DV D VXEVHW RI WKH 6SKHUH RI 3ULPH LI D
ZLWK WKH PDJH 'XULQJ WKLV WLPH WKH PDJH FDQ GR QR KRVWLOH DFWLYLW\ RI 6SKHUH V\VWHP LV SUHIHUUHG ,Q WKH ODWWHU FDVH WKH FDSDELOLWLHV RI WKH
DQ\ NLQG 7KLV LV LQ IDFW VLPSO\ EHFDXVH HYHU\ RQH ZDQWV WKH PDJH WR 6SKHUHRI3ULPHZRXOGEHDVIROORZV
ILQLVK WKH MRNH 7KLV ODVWV D QXPEHU RI WXUQV WKH PDJH VHW WKH GLIILFXOW\
6SKHUH (IIHFW
DW7KLVFDQRQO\EHXVHGRQFHHYHU\VFHQH
3HUFHLYH4XLQWHVVHQFH'HWHFW/LQN
1RWH WKDW WKH VHFRQG OHYHO RI SRZHU RI FRQWURO KXPRU ZRUNV RQ DQ\ RI
WKHVH UROOV ,I WKLV OHDGV WR D ERWFK WKH PDJH LV WR UHGXFHG WR UROO )XHO3DWWHUQ,QIRUPDWLRQ$QDO\VLV
ODXJKLQJ K\VWHULFDOO\ IRU RQH GLFH UXOH QXPEHU RI WXUQV ,I LW UHVXOWV LQ $IIHFW)UHH4XLQWHVVHQFH0DQLSXODWH,QIRUPDWLRQ
QHJDWLYH UHVXOWV WKH SHUVRQ ZKR LW ZRXOG KXUW WKH PDJH PRVW JHW $IIHFW5DZ4XLQWHVVHQFH0DQLSXODWH5HDOLW\
EHQHILWRIWKHHIIHFW&RPHG\LVIXQQ\WKDWZD\
$IIHFW5DZ4XLQWHVVHQFH)ORZ'HILQH5HDOLW\
&RQWURO+XPRU ,QIRUPDWLRQ WHOOV UHDOLW\ ZKDW DQ REMHFW LV LW GHILQHV DQ REMHFW ,I DQ
REMHFW H[LVWV EXW QR LQIRUPDWLRQ LV NQRZQ DERXW LW LW LV IX]]\ LQ WKH
VXEMHFWLYH UHDOLW\ RI 0DJH LWV SDUDPHWHUV FDQ EH GHILQHG E\ REVHUYHUV
$W WKLV OHYHO WKH PDJH FDQ VLPSO\ HIIHFW DQ\ DFWLRQ LQ WKH ZRUOG WR
E\ FUHDWLQJ WKH LQIRUPDWLRQ WKDW GHILQHV LWV SURSHUWLHV +HQFH
PDNH LW PRUH RU OHVV IXQQ\ 7KLV LV GRQH LQ WZR PDLQ ZD\V +H FDQ
,QIRUPDWLRQ LV FORVHO\ OLQNHG WR 3ULPH DQG VR LV RIWHQ FRQVLGHUHG D
DIIHFW DFWLRQV WKDW LV GHVLJQHG WR EH DQ\ ZD\ VKDSH RU IRUP IXQQ\
VXEVHW RI WKH 3ULPH 6SKHUH ,QIRUPDWLRQ LV UDWKHU XQXVXDO LQ WKDW LW
VLPLODUWRWKHHIIHFWVRI&RQWURO-RNHV
FDQ DIIHFW ERWK 6XEMHFWLYH DQG 2EMHFWLYH 5HDOLW\ $W ORZHU OHYHOV
7KHVHFRQGDQGPRUHSRZHUIXOZD\LVWROLWHUDOO\PDNHDQDFWLRQPRUH ,QIRUPDWLRQ HIIHFWV RQO\ DOORZ WKH 0DJH WR REVHUYH DQG SURFHVV
IXQQ\ E\ PDNLQJ D &RPHG\ZLWV UROO EHIRUH DQ\ DFWLRQ SODFH DW LQIRUPDWLRQ ,QIRUPDWLRQ DOORZV WKH 0DJH WR DFWLYHO\ PDQLSXODWH
ZKDWHYHU GLIILFXOW\ WKH VWRU\WHOOHU DVVLJQV QRWH WKH PRUH IXQQ\ WKH LQIRUPDWLRQ ZLWKLQ 6XEMHFWLYH 5HDOLW\ KH FDQ UHPRYH RU DGG
HIIHFW WKH HDVLHU LW VKRXOG EH 7KH QHZ DFWLRQ LV GHFLGHG QRUPDOO\ LQIRUPDWLRQ WR V\VWHPV DQG VR PDNH KLP HDVLHU RU KDUGHU WR WUDFN 7KH
ZLWK HYHU\ QRUPDO FKDOOHQJH DQG DW WKH H[DFW VDPH GLIILFXOW\ UROO )RU $GHSWVDQG0DVWHUVRI,QIRUPDWLRQEUHDNEH\RQG6XEMHFWLYH5HDOLW\WR
H[DPSOH LI LW ZRXOG EH PRUH IXQQ\ IRU D JXQ WR KLW D ZDWHU PDLQ DIIHFW WKH XQGHUO\LQJ 7UXH 5HDOLW\ WKH\ FDQ DGG RU UHPRYH
LQVWHDG RI D FKDUDFWHU JHWWLQJ HYHU\RQH ZHW DV RSSRVHG WR VLPSO\ ,QIRUPDWLRQ IURP UHDOLW\ LWVHOI WKXV PDNLQJ DQ REMHFW PRUH RU OHVV
NLOOLQJ KHU VKH FDQ XVH WKLV HIIHFW WR GR VR %H FUHDWLYH %XW UHPHPEHU UHDO E\ DIIHFWLQJ WKHLU GHILQLWLRQ )X]]\ REMHFWV DUH WKRVH DERXW ZKLFK
SDUDGR[ VWULNHV WKLV RQH UXWKOHVVO\ VR \RX EHWWHU FRPH XS ZLWK D JRRG 7UXH 5HDOLW\ KDV QR LQIRUPDWLRQ WKHVH YLUWXDO REMHFWV DUH H[WUHPHO\
UHDVRQIRUWKLV YXOQHUDEOH WR GHVWUXFWLRQ RU IXUWKHU GHILQLWLRQ H[LVWLQJ DV WKH\ GR LQ D
UHDOP RI PD\EH 7KH 7HFKQRFUDF\ DUH H[SHUWV RI ,QIRUPDWLRQ XVLQJ LW
&UHDWH+XPRU WR GHILQH WKHLU QHZ WKHRULHV DQG VR DOVR GHILQH UHDOLW\ WKH 9RLG
(QJLQHHUV DUH WKH PDVWHUV RI ,QIRUPDWLRQ +RZHYHU WKH 7UDGLWLRQV
7KH XOWLPDWH SRZHU 6LPSO\ SXW \RX FDQ FUHDWH DQ\ HIIHFW DV ORQJ DV LW KDYH WKHLU RZQ &KDPSLRQV RI ,QIRUPDWLRQ WKH 9LUWXDO $GHSWV ZKR
RQO\ DIIHFWV WKH UHDO ZRUOG LH QRW XVHG ZLWK VSLULW RU PLQG DQG FDQ UHIHU WR LW DV 3DUDGLJP WKRXJK WKH\ WHQG WR ILJKW RQ GLIIHUHQW
EH GHILQHG DV KXPRURXV IRU WKH ORFDOH LW ZDV SHUIRUPHG LQ E\ WKH EDWWOHILHOGV
VWRU\WHOOHU ,W VLPSO\ WDNHV D ZLWV &RPHG\ UROO WR GR DJDLQVW ZKDW HYHU
GLIILFXOW\ LV DVVLJQHG E\ WKH VWRU\WHOOHU EDVHG RQ KRZ IXQQ\ LW LV WKH 'HWHFW/LQN
IXQQLHU WKH HDVLHU ,I \RX ERWFK WKH UROO LW LV VLPSO\ QRW IXQQ\ DQG
GRHV QRW KDSSHQ DQG LI \RX JHW OHVV WKHQ RQH UROO ZKLFK LV SRVVLEOH 7KLVILQGVWKHFRQQHFWLRQVEHWZHHQWKLQJVDQGDOORZVWKH0DJHWRVHH
ZLWK FRQWURO +XPRU 7KHQ ZHOO DQ\ HIIHFW WKDW FDQ KDUP \RX LQ DQ\ ZKDW LV FRQQHFWHG WR WKH WDUJHW )RU H[DPSOH D FXGGO\ WR\ LV
,QIRUPDWLRQ
FRQQHFWHG WR D SDUWLFXODU FKLOG RU D SDFNHW RI GUXJV LV FRQQHFWHG WR ,QIRUPDWLRQ LV WKH REMHFWLYH PDQLSXODWLRQ RI LQIRUPDWLRQ &KDQJLQJ
ERWK D ORFDO GHDOHU WKH VXSSOLHU DQG D VWUHHW UDW WKH EX\HU 1RWH LQIRUPDWLRQ DW WKLV OHYHO GLUHFWO\ FKDQJHV LWV FRQQHFWLRQ ZLWK 5HDOLW\
WKDW WKLV GRHV QRW DOORZ WKH 0DJH WR GHWHUPLQH KRZ WKH WKLQJV DUH LWVHOI 7KXV WDUJHWV FDQ EH PDGH IX]]\ OLYLQJ WDUJHWV DUH IRUJRWWHQ
FRQQHFWHGLWRQO\DOORZVKLPWRVHQVHWKHFRQQHFWLRQLWVHOI E\ WKHLU IULHQGV DVVRFLDWHV DQG XOWLPDWHO\ 5HDOLW\ 7KH\ DQG
7KH DELOLW\ WR GHWHFW OLQNV LV GHWHUPLQHG E\ WKH QXPEHU RI VXFFHVVHV HYHU\WKLQJ GLUHFWO\ FRQQHFWHG WR WKHP ZLOO VORZO\ GLVDSSHDU IURP
UROOHG IRU WKH HIIHFW WKLV LV VKRZQ RQ WKH WDEOH EHORZ 7KXV WR H[LVWHQFH FRPSOHWHO\ LI WKH HIIHFW LV VXVWDLQHG IRU ORQJ HQRXJK $
HVWDEOLVK WKH FRQQHFWLRQV WR D JXQ DQ REMHFW UHTXLUHV WKUHH VXFFHVVHV 0DJH V$UFDQH5DWLQJLVDZHDNFRQWUROODEOHIRUPRIWKLVHIIHFW
,Q DGGLWLRQ PRUH VXFFHVVHV WKDQ WKH QXPEHU UHTXLUHG JOHDQV PRUH $V DERYH WKH SUHFLVH HIIHFWV DUH OHIW WR WKH 6WRU\WHOOHU V GLVFUHWLRQ
DFFXUDWH LQIRUPDWLRQ >WKH QXPEHU RI H[WUD VXFFHVVHV UROOHG GRHV QRW WKRXJK DW OHDVW VXFFHVVHV DUH UHTXLUHG WR UHQGHU D WDUJHW FRPSOHWHO\
SURGXFH UHVXOWV DFFRUGLQJ WR WKH WDEOH EHORZ UDWKHU WKH\ SURGXFH IX]]\
UHVXOWV EDVHG RQ WKH 6WRU\WHOOHU V GLVFUHWLRQ@ ,Q WKLV H[DPSOH WKUHH
VXFFHVVHV ZLOO UHYHDO ZKR RZQV WKH JXQ IRXU PD\ UHYHDO ZKR KDV EHHQ 'HILQH5HDOLW\
VKRWZLWKLWDQGILYHPD\UHYHDOIURPZKRPWKHJXQZDVSXUFKDVHG
6XFFHVVHV5HTXLUHG (IIHFW $W WKLV OHYHO WKH 0DJH FDQ DFWXDOO\ GHILQH IX]]\ 5HDOLW\ 7KLV LV GRQH
%RWFK 7RWDOO\LQDFFXUDWHLQIRUPDWLRQUHYHDOHG ERWK E\ WKH SRZHU RI KLV RZQ :LOO DQG DOVR E\ PDQLSXODWLQJ
LQIRUPDWLRQ WKURXJK WKH 0DVVHV VR WKDW WKH\ XQGHUVWDQG DQG DFFHSW
1RLQIRUPDWLRQUHYHDOHG WKH QHZ 5HDOLW\ 7KH 7HFKQRFUDF\ HVSHFLDOO\ WKH 1:2 DQG 9RLG
6HQVHFRQQHFWLRQWR0DJHRQO\ (QJLQHHUV KDYH PDVWHUHG WKLV WR D ILQH DUW IXUWKHU HQIRUFLQJ WKHLU
6HQVHFRQQHFWLRQWR0DJH VIULHQGV 3DUDGLJP $ FRPPRQ H[DPSOH LV ZKHQ VRPHWKLQJ LV QHZO\
GLVFRYHUHG DW WKDW VWDJH DOO WKDW LV NQRZQ LV WKDW WKH REMHFW H[LVWV
6HQVHFRQQHFWLRQWRREMHFW
LW LV IX]]\ $SSOLFDWLRQ RI ,QIRUPDWLRQ WR WKH IX]]\ REMHFW DOORZV D
6HQVHFRQQHFWLRQWRWRWDOVWUDQJHU 0DJH WR GHILQH LWV SK\VLFDO SDUDPHWHUV SURSHUWLHV DQG DQ\WKLQJ HOVH
6HQVHFRQQHFWLRQWRFRQFHSW HJORYHKDWH WKH 0DJH GHVLUHV ,QIRUPDWLRQ DOVR DOORZV WKH 0DJH WR PDQLSXODWH
WKH ORFDO 3DUDGLJP LQ DQ DPELJXRXV VLWXDWLRQ IRU H[DPSOH D
,QIRUPDWLRQ$QDO\VLV 6DQFWXP FDQ KDYH LWV 3DUDGLJP UHLQIRUFHG E\ LQWHUFRQQHFWLQJ
HYHU\WKLQJ ZLWKLQ LW YLD D ZHE RI LQIOXHQFHV HIIHFWLYHO\ RXWVLGH
LQIOXHQFHV FDQ EH UHPRYHG FRPSOHWHO\ ,W LV UHFRPPHQGHG WKDW
7KLV H[DPLQHV WKH FRQQHFWLRQV EHWZHHQ WKLQJV DOORZLQJ WKH 0DJH WR
VXFFHVVHV DUH UHTXLUHG LI D IX]]\ REMHFW LV WR EH FRPSOHWHO\ GHILQHG
VHH DOO WKH SRVVLEOH RXWFRPHV RI DQ HYHQW RU DOO WKH SRVVLEOH LQIOXHQFHV
/HVV VXFFHVVHV RQO\ DOORZ OLPLWHG GHILQLWLRQ RU WKH FRPSOHWH GHILQLWLRQ
RQ WKH WDUJHW :KLOH REYLRXVO\ JLYLQJ KLP FRPSOHWH PDVWHU\ RYHU DOO
RI VSHFLILF DVSHFWV RI WKH WDUJHW )RU 3DUDGLJP 'HILQLWLRQ WKH DPRXQW
FORVHG WDFWLFDO VLWXDWLRQV HJ &KHVV LW DOVR HQDEOHV KLP WR DQDO\VH
RI VXFFHVVHV UROOHG GHWHUPLQHV KRZ PXFK PRUH DWWXQHG WR WKH 0DJH V
FRPSOH[ LQWHUDFWLRQV )RU H[DPSOH D 0DJH XVLQJ ,QIRUPDWLRQ RQ D
GHVLUHVWKH3DUDGLJPKDVEHFRPH
SROLWLFLDQPD\GHWHUPLQHDOOWKHJURXSVWKDWLQIOXHQFHKLVRSLQLRQ7KH
H[DFWH[WHQWRIWKHHIIHFWLVGHWHUPLQHGXVLQJWKHWDEOHIRU,QIRUPDWLRQ 6XPPDU\RI6SKHUH(IIHFWV
$V ZLWK ,QIRUPDWLRQ WKH WDEOH VKRZV WKH QXPEHU RI VXFFHVVHV
UHTXLUHG WR DQDO\VH WKH FRQQHFWLRQ WR D WDUJHW LW GRHV QRW LQGLFDWH WKH
DPRXQW RI LQIRUPDWLRQ JOHDQHG IURP VXFK DQDO\VLV ZKLFK LV LQVWHDG 6SKHUH (IIHFW
OHIWWRWKH6WRU\WHOOHU VGLVFUHWLRQ 'HWHFW/LQN
0DQLSXODWH,QIRUPDWLRQ ,QIRUPDWLRQ$QDO\VLV
0DQLSXODWH,QIRUPDWLRQ
7KLV DOORZV WKH 0DJH WR DIIHFW DOUHDG\ H[LVWLQJ LQIRUPDWLRQ DQG LV 0DQLSXODWH5HDOLW\
ODUJHO\ XVHG WR DIIHFW UHFRUGV DQG ILOHV 7KH 0DJH FDQ DGG FKDQJH RU 'HILQH5HDOLW\
GHOHWH LQIRUPDWLRQ VWRUHG RQ DQ\ PHGLXP WKLV LV XVHG IRU PDQ\
SXUSRVHV $ 0DJH FDQ GHOHWH GDWD DERXW KLP LQ JRYHUQPHQW
FRPSXWHUV WKXV HIIHFWLYHO\ =HURLQJ KLP +H FDQ FKDQJH WKH DPRXQW
RI PRQH\ KH KDV LQ KLV EDQN DFFRXQW E\ DOWHULQJ KLV FUHGLW UDWLQJ 1RWH
Macrocosm
KRZHYHU WKDW WKLV PDQLSXODWLRQ RI LQIRUPDWLRQ LV VXEMHFWLYH GDWD PD\
EH DOWHUHG EXW 5HDOLW\ UHPDLQV LQWDFW 7KXV WKH 0DJH FDQ UHPRYH DOO
%\'HUHN0DUFRX[ \JJGUDVLO#SLFLQHW
WKH UHFRUGV RI D SHUVRQ V H[LVWHQFH EXW WKH SHUVRQ KLPVHOI GRHV QRW
EHFRPH IX]]\ WKLV ZRXOG RQO\ EH SRVVLEOH XVLQJ ,QIRUPDWLRQ ,W (PEUDFHWKH$YDWDU
VKRXOG EH QRWHG KRZHYHU WKDW ,QIRUPDWLRQ PDQLSXODWHG XVLQJ
,QIRUPDWLRQ LV DIIHFWHG QR PDWWHU ZKHUH LW LV VWRUHG UDZ GDWD LV
EHLQJ DOWHUHG QRW MXVW VLJQDOV LQ D FRPSXWHU 7KXV D 0DJH PD\ =HUR 8SRQ NQRZOHGJH RI 0DFURFRVP WKH PDJH DQG KLV $YDWDU HPEUDFH
KLPVHOI FRPSOHWHO\ IURP HYHU\ GDWDEDVH LQ WKH ZRUOG LI KH VFRUHV VKDULQJVHFUHWVSUHYLRXVO\KHOGEDFN
HQRXJKVXFFHVVHV 6\VWHP 7KH PDJH JDLQV RQH GRW LQ KLV $UHWH VFRUH DQG KLV
1R WDEOH LV JLYHQ IRU ,QIRUPDWLRQ WKH H[DFW UHVXOWV DUH OHIW WR WKH 4XLQWHVVHQFHSRROGRXEOHV
6WRU\WHOOHU V GLVFUHWLRQ ,W LV VXJJHVWHG WKDW WKH DOWHUDWLRQ RI VPDOO
DVSHFWV RI LQIRUPDWLRQ HJ DSSHDUDQFH EDQN FUHGLW UDWLQJ HWF VKRXOG
-RXUQH\WRWKHWHPSOHRIWKH*RGKHDG
UHTXLUH RQO\ RQH RU WZR VXFFHVVHV :LGHU DQG PRUH JOREDO FKDQJHV
VKRXOG UHTXLUH PDQ\ PRUH VXFFHVVHV DW OHDVW VKRXOG EH UHTXLUHG IRU $IWHU PHGLWDWLQJ ZKLFK WDNHV WXUQV WKH PDJH PD\ QRZ VWHS LQWR
FRPSOHWHO\ =HURLQJ DQ LQGLYLGXDO IURP HYHU\ GDWDEDVH RQ (DUWK DQG WKH8PEUDDQGEHJLQVKLVVSLULWMRXUQH\V
WKLV VKRXOG QHFHVVLWDWH D FRPSOH[ DQG OHQJWK\ ULWXDO SUREDEO\ 6\VWHP5ROODUHWHGLIIJDXQWOHW7KHPDJHDUULYHVDWKLVWHPSOHLQWKH
LQYROYLQJ D ORW RI FRPSXWHU KDFNLQJ DQG QHJRWLDWLRQ ZLWK 1HW6SLGHUV $VWUDOSODQHDQGPD\MRXUQH\WRWKH+LJK0LGGOHDQG'DUN8PEUDH
ZKHUHDSSOLFDEOH
0LFURFRVP
0DQLSXODWH5HDOLW\
7KHPDJHXQGHUVWDQGVWKDWKLVERG\LVWRWDOO\XQGHUKLVFRQWURO
,I ,QIRUPDWLRQ LV WKH VXEMHFWLYH PDQLSXODWLRQ RI LQIRUPDWLRQ WKHQ
6\VWHP 7KLV OHYHO DFWV MXVW OLNH WKH VSKHUH RI OLIH EXW RQO\ WR \RXUVHOI
0DFURFRVP
FDQQRWDIIHFWRWKHUV 'DUNQHVV GHQL]HQV VLPSO\ EHFDXVH KHVKH LV D PDJH EXW VWLOO QRW ORVH
DQ\ H[SHULHQFH IRU IODZHG UROHSOD\LQJ GHVSLWH WKH FKDUDFWHU V QDWXUH
.QRZOHGJHDQG&RQYHUVDWLRQRIWKH+RO\ $OWKRXJK WKLV GRHVQ W VHHP OLNH D FRRO SRZHU IRU WKUHH GRWV RI WKH
*XDUGLDQ$QJHO 6SKHUH E\ WKH WLPH WKH SOD\HU KDV JRWWHQ WR WKLV OHYHO KHVKH EHFDXVH
RI WKH XVHV RI WKH SUHYLRXV OHYHOV SUREDEO\ KDV D ORW WR EH DUURJDQW
DERXW
7KHZLOOZRUNHUFDQQRZSHUFHLYHWKHGLIIHUHQWDVSHFWVRIUHDOLW\
6\VWHP 7KH PDJH QRZ NQRZV WKH ILUVW OHYHO LQ DOO VSKHUHV SOXV KH 6WHDP5ROO
FDQQRZWDONGLUHFWO\ZLWKKLV$YDWDUDWDQ\WLPH
5HWXUQWRWKH2QH 7KH SOD\HU JDLQV WKH DELOLW\ WR DUJXH DQ\ GHWDLO QR PDWWHU KRZ
LQVLJQLILFDQW ZLWK RWKHU SOD\HUV DQG WKH 6WRU\WHOOHU DQG FDQ UHZHDYH
UHDOLW\ WR PDNH LW VHHP WKDW WKH\ DUH DEVROXWHO\ FRUUHFW 7KH PHPEHUV
2QFH WKH ZLOOZRUNHU DFKHLYHV WKLV OHYHO RI PDVWHU\ KH UHDOL]HV WKDW DOO RIWKHWURXSHDUHFRPSOHWHO\WDNHQZLWKWKLVDQGWKHGXUDWLRQODVWVIRU
VSKHUHV RI PDJLF DUH MXVW IUDJHPHQWV RI WKH ZKROH -XVW DV KXPDQ VRXOV [ PLQXWHV GHSHQGLQJ RQ WKH QXPEHU RI VXFFHVVHV PXOWLSOLHG E\ WKH
DUH IUDJHPHQWV RI WKH 2QH :LWK WKLV NQRZOHGJH KH FDQ QRZ DIIHFW QXPEHURIVRXUFHERRNVUHDGE\WKHPDJHSOD\HU
DQ\DVSHFWRIUHDOLW\
([DPSOH 7ZR ZHUHZROYHV 3KLORGR[ DQG 7KHXUJH DUH WDONLQJ ZLWK D
6\VWHP 7KH 0DVWHU RI 0DFURFRVP KDV DFFHVV WR WKH ILUVW WZR OHYHOV PDJH DQG EHJLQ WR GLVFXVV *DURX VRFLHW\ DQG SROLWLFV 7KH *DURX
LQDOOVSKHUHVZKLFKKHFDQUDLVHZLWKH[SHULHQFH PHQWLRQ D PLQRU 5LWH WKH\ SUDFWLFH WKHQ JR RQ WR WDON DERXW 5LWHV RI
3XQLVKPHQW DW ZKLFK SRLQW WKH PDJH EULQJV XS WKH 5LWH RI *DLD V
9HQJHIXO 7HHWK /HYHO )LYH 5LWH LQ ZKLFK D ZHUHZROI ZKR KDV
Mage Player EHWUD\HG D VHSW RU FDHUQ WR WKH :\UP LV NLOOHG LQ WKDW HYHU\WKLQJ KH
WRXFKHV WXUQV WR UD]RUVKDUS VKDUGV RI VLOYHU 2QH RI WKH *DURX SOD\HUV
WHOOV WKH 6WRU\WHOOHU WKDW WKH PDJH ZRXOGQ W NQRZ RI D 5LWH WKDW PDQ\
%\7RELDV%HHFKHU *DURX GRQ W HYHQ KHDU DERXW 7KH PDJH SOD\HU DUJXHV WKDW KHVKH V
GHDOW ZLWK ZHUHZROYHV LQ WKH SDVW EHLQJ D PDJH PDNHV KLP OLNH D
'HVFULSWLRQ 7KHXUJH LQ WKHLU H\HV DQG WKH YHU\ IDFW WKDW KHVKH V D PDJH
$UURJDQFH PDNHV KLP RI WKH KLJKHVW 5DQN DPRQJ *DURX VR KHVKH G
NQRZ HYHU\WKLQJ DERXW 5LWHV 7KH SOD\HU UROOV ILYH VXFFHVV DQG KDV
7KLV QHZO\ GLVFRYHUHG 6SKHUH LV RQH RI WKH PRVW ZLGHO\ SUDFWLFHG DQG
UHDG QHDUO\ VRXUFHERRNV VR WKH RWKHU SOD\HUV DQG 6WRU\WHOOHU EHOLHYH
LV VR HDV\ WR OHDUQ WKDW 7UDGLWLRQ 7HFKQRFUDF\ 1HSKDQGL DQG
KLP IRU WKH QH[W WZRDQGDKDOI KRXUV PLQXWHV 0DJH 3OD\HU
0DUDXGHU PDJHV DOO KDYH DFFHVV WR LW 2QFH D PDJH JHWV WKH ILUVW OHYHO
0LQG(IIHFW
KHVKH PD\ LQFUHDVH LW DW DQ\ WLPH ZLWKRXW DQ\ H[SHQGLWXUH RI
H[SHULHQFH RU IUHHELH SRLQWV WKH UDWLQJ RI 0DJH 3OD\HU DXWRPDWLFDOO\ 6WRU\WHOOHU V%DQH
JRHV XS EDVHG RQ KRZ PDQ\ VRXUFH ERRNV WKH SOD\HU UHDGV LQ EHWZHHQ
RUHYHQGXULQJ JDPHVHVVLRQV
7KH SOD\HU FDQ EHFDXVH KHVKH WKLQNV WKH 6WRU\WHOOHU LV LQFRPSHWHQW
6HQVH:HDNQHVV $UURJDQFH WDNH RYHU WKH VWRU\ DQG UHZHDYH UHDOLW\ WR PDNH WKH
SOD\HUVWKLQNLW VIRUWKHEHWWHU
7KH SOD\HU FDQ VHQVH ZKHQ RWKHUV LQ WKH WURXSH NQRZ OHVV WKDQ ([DPSOH 7KH FKDUDFWHUV DUH ILJKWLQJ WKH 7HFKQRFUDF\ DW RQH RI WKHLU
KLPKHU DQG FDQ FDSLWDOL]H RQ WKDW 7KLV SRZHU LV D ORW OLNH XVLQJ WKH IDFLOLWLHV EXW WKH PDJH SOD\HU NQRZV WKH 6WRU\WHOOHU KDVQ W UHDG DQ\ RI
DELOLW\:KLWH:ROI/RUHEXW\RXGRQ WKDYHWRUROO WKH 7HFK VRXUFH ERRNV 6HQVH :HDNQHVV DQG WKLQNV KHVKH FRXOG GR
D EHWWHU MRE RI WHOOLQJ ZKDW WKH\ VHH ZKRP WKH\ EDWWOH DQG WKH SRZHU
([DPSOH $ PDJH LV KDQJLQJ RXW ZLWK D JURXS RI *DURX ZKHQ WKH\
OHYHO RI ZKRP WKH\ EDWWOH 7KH PDJH SOD\HU ILUVW XVHV 6WHDP 5ROO WR
HQFRXQWHU D IRPRUL LQ D QHDUO\ LPSHQHWUDEOH GLVJXLVH 6HQVLQJ WKDW WKH
ZLQ WKH UHVW RI WKH SOD\HUV RYHU WR KLVKHU VLGH WKHQ VORZO\ EHJLQV WR
ZHUHZROI SOD\HUV KDYHQ W UHDG )UHDN /HJLRQ WKH PDJH JRHV DIWHU WKH
WDNH RYHU WKH WHOOLQJ $W WKLV SRLQW WKH 6WRU\WHOOHU RU DQ\ RWKHU SOD\HU
LQQRFHQW E\VWDQGHU ZLWKRXW LQIRUPLQJ KLV IULHQGV WKHQ ZKHQ WKH
PD\ UROO :LOOSRZHU WR RYHUFRPH WKH HIIHFWV RI 6WHDP 5ROO EXW D
6WRU\WHOOHU FDOOV KLP RQ LW VD\V KH MXVW KDG D EDG IHHOLQJ DERXW WKH
PLQLPXP RI WKUHH VXFFHVVHV DW GLIILFXOW\ DUH QHHGHG 7KHQ WKH PDJH
13& 0DJH 3OD\HU 0LQG (IIHFW UHYHDOLQJ WKH QDWXUH RI WKH
SOD\HU EHJLQV PDNLQJ WKH GHFLVLRQV RI WKH JDPH DQG WHOOLQJ WKH SOD\HUV
FUHDWXUH
ZKDW WR UROO $V D ODVWGLWFK DWWHPSW WKH RULJLQDO 6WRU\WHOOHU PD\ UROO
2XW'R ,QWHOOLJHQFH /HDGHUVKLS DW GLIILFXOW\ SOXV RQH SRLQW IRU HYHU\ WHQ
ERRNV UHDG E\ WKH PDJH SOD\HU ZLWK ILYH VXFFHVVHV QHHGHG 0DJH
3OD\HU0LQG(IIHFW
7KH FKDUDFWHU D PDJH ZKR ZRUNV WKH IDEULF RI UHDOLW\ ZKHQ EHLQJ
SOD\HG E\ VRPHRQH ZKR MXVW ZDQWV WR GR WKH FRROHVW WKLQJV SRVVLEOH
ZLWK PDJLFN KDV WKH SRZHU WR SXW WKH UHVW RI WKH SOD\HUV DW D ORVV
WDNLQJ FDUH RI WKLQJV LQ D ZLQN RI DQ H\H 8QIRUWXQDWHO\ WKLV FKHDWV
Narrative
WKH RWKHU SOD\HUV *DURX GRQ W JHW 5HQRZQ 9DPSLUHV GRQ W JHW
H[SHULHQFH &KDQJHOLQJV PLJKW ORVH RSSRUWXQLWLHV WR JHW *ODPRXU DQG
%\$OHMDQGUR0HOFKRU DOHMDQGURP#PDLOSURHVDFRPP[
HYHU\RQH ORVHV RXW RQ WKH UROHSOD\LQJ :KHQ XVHG LQ FRQMXQFWLRQ ZLWK
WKHILUVWOHYHOWKLVSRZHUKDVIULJKWHQLQJSRVVLELOLWLHV /XFN\LVDFKDUDFWHUIRUKHFDQODXJKDWGHDWKNQRZLQJKHZLOOQHYHUGLH
/XLJL3LUDQGHOOR6L[&KDUDFWHUVLQ6HDUFKRIDQ$XWKRU
([DPSOH 7KUHH YDPSLUHV DQG D PDJH UXQ LQWR D FKDQJHOLQJ 13& ZKR
GHFLGHV WR DWWDFN WKHP :KLOH WKH XQGHDG DUH VWLOO GRGJLQJ DQG JHWWLQJ
UHDG\ WR EH FOHYHU RU XVH WKHLU 'LVFLSOLQHV WKH PDJH KDV DOUHDG\
ERPEDUGHG WKH )DH ZLWK %DQDOLW\ VHQW LW LQWR WKH IDU6KDGRZODQGV
DQG PDGH ILIWHHQ VDQGZLFKHV 0DJH 3OD\HU 3ULPH 6SLULW (IIHFW
&RUUHVSRQGHQFH0DWWHU(IIHFWIRUWKHVDQGZLFKHV
$UURJDQFH
7KH SOD\HU PD\ QRZ IHHO IUHH WR ORRN GRZQ XSRQ WKH RWKHU :RUOG RI
1DUUDWLYH
'HVFULSWLRQ
Paradigm
:KHQ D 0DJH EHJLQV OHDUQLQJ WKH 6SKHUH RI 1DUUDWLYH ,PSHUDWLYLW\ KH
EHJLQV WR XQGHUVWDQG KH V MXVW D FKDUDFWHU LQ D UROHSOD\LQJ JDPH RU D %\=DFK$UFKHU EHKHPRWK#JULQQHW
VWRU\ EHLQJ ZULWWHQ LQWHUDFWLYHO\ E\ D JURXS RI VDGLVWLF DXWKRUV NQRZQ
DV SOD\HUV DQG 6WRU\WHOOHUV ZKHQ WKLV GDZQV RQ KLP KH OHDUQV WKDW DOO ,QWURGXFWLRQ
WKDW KDSSHQV DURXQG KLP LV MXVW ILFWLRQ LW FDQ EH YHU\ GHYDVWDWLQJ IRU
ZHDN PLQGV DQG ELJ HJRV EXW WKH 0DJH WKDW JHWV SDVW WKH LQLWLDO VKRFN
FDQDFKLHYHWUHPHQGRXVSRZHU ,Q RQH RI P\ 0DJH VWRULHV , WRRN P\ WURXSH VL[W\IRXU \HDUV LQWR WKH
IXWXUH DQG FKDOOHQJHG WKHP ZLWK D JULP ZRUOG GHYRLG RI VSLULW ZKHUH
6HQVH3ORW WKH 7HFKQRFUDF\ KDG FRQTXHUHG KDOI WKH JOREH FDOOLQJ WKHLU SURYLQFH
7HFKQRFULD 7KH RWKHU KDOI ZDV 1HSKDQGLD ZKLFK IRUWXQDWHO\ ZH
GLGQ W H[SHULHQFH 7HFKQRFULD ZDV D FURVV EHWZHHQ DOO WKH ZRUVW SDUWV
%\ XVH RI WKLV OHYHO RI WKH 6SKHUH WKH $SSUHQWLFH FDQ GLVFHUQ WKH VWRU\ RI )DUHQKHLW DQG $ :ULQNOH ,Q 7LPH (YHU\WKLQJ ZDV GULYHQ
VWDWXV RI DQ\WKLQJ KH HQFRXQWHUV KH FDQ NQRZ ZKHWKHU WKH ROG ODG\ E\ D SXOVH ZKLFK HPLQDWHG IURP HQRUPRXV WRZHUV 7KLV SXOVH ZDV WKH
KH V WDONLQJ WR LV D SORW SRLQW RU MXVW EDFNJURXQG KH DOVR OHDUQV WR UK\WKP SHRSOH XVHG ZKHQ WKH\ ZDONHG RU GURYH D FDU RU GLG
UHFRJQL]H 3&V IURP 13&V DQG WKHLU LPSRUWDQFH WR WKH &KURQLFOH KH V DQ\WKLQJ ,W HYHQ VSUHDG LQWR QDWXUH RFHDQ ZDYHV FUDVKHG RQ WKH VDQG
LQ :LWK D FRQMXQFWLRQDO 0LQG HIIHFW KH FDQ DOVR GHWHUPLQH ZKHWKHU ZLWKWKHVDPHVWHDG\UK\WKP
WKH EDGGLH KLV &DEDO LV ILJKWLQJ LV WKH PDLQ YLOODLQ RI WKH VWRU\ RU MXVW D
KHQFKPDQ :LWK 0DWWHU RU (QWURS\ KH FDQ LGHQWLI\ LI DQ REMHFW LV D 0\ WURXSH GLVFRYHUHG RGG WKLQJV DIRRW ZKHQ LW FDPH WLPH WR XVH
0F*XIILQRUMXVWDSUL]HJLYHQE\DEHQHYROHQW6WRU\WHOOHU PDJLF 1R RQH UHFHLYHG 3DUDGR[ ZKHQ XVLQJ YXOJDU PDJLF ,QVWHDG DQ\
PDJLF WKDW ZDV XVHG FRXOG EH VHQVHG E\ 7HFKQRFULD V RYHUORUGV DQG
6HQVH6WRU\)ORZ$IIHFW0LQRU3ORW WKH\ FRXOG WKHQ LPPHGLDWHO\ GLVSDWFK SROLFLQJ XQLWV $QG WKH
SDUDGLJP LWVHOI ZRUNHG LQ VRPH RGG ZD\V 0HWDO ZRXOG QRW DIIHFW
PHWDO $ SDLU RI ZLUH FXWWHUV FRXOGQ W FXW D EDUEHGZLUH IHQFH WKH\
:LWK WKLV OHYHO WKH 0DJH FDQ WU\ WR GLYLQH WKH GLUHFWLRQ WKH VWRU\ LV MXVW VOLG ULJKW RII $QG ZKHQ RQH FDU VODPPHG LQWR DQRWKHU WKH FDU
WDNLQJ WKLV LV GLIIHUHQW IURP 7LPH EDVHG GLYLQDWLRQV LQ WKH PDQQHU ERGLHVGLGQRWHYHQGHQW
WKDW LQVWHDG RI NQRZLQJ IXWXUH HYHQWV LQ WKH WLPHOLQH LQVLGH WKH VWRU\
KH FDQ JHW D JOLPSVH RI ZKDW KLV SOD\HU RU KLV SOD\HU V 6WRU\WHOOHU KDV LQ 0\ JURXS ILQDOO\ IRXQG D UHQHJDGH PDJH FRORQ\ DQG , VWDUWHG UHYHDOLQJ
PLQG IRU WKH GLUHFWLRQ WKH VWRU\ LV WDNLQJ WUDSV DQG DPEXVKHV FDQ EH ZKDW ZDV JRLQJ RQ , FDPH XS ZLWK WKH LGHD RI WKH 3DUDGLJP VSKHUH RQ
DYRLGHGRUMXVWUHFRJQL]HGDVD0DMRU3ORW3RLQWDQGWKXVXQDYRLGDEOH WKH VSXU RI WKH PRPHQW 3DUDGLJP ZDV WKHRUL]HG E\ WKH 7HFKQRFUDWV
LQ DQG SHUIHFWHG LQ 7KH 7HFKLHV UHPDLQHG WKH XQGLVSXWHG
%\ $IIHFWLQJ 0LQRU 3ORW 3RLQWV WKH 0DJH FDQ VKLIW IRU D EULHI WLPH WKH PDVWHUV RI WKH VSKHUH DQG VHFXUHG D JUHDW FKXQN RI WKH ZRUOG IRU
IRFXV RI WKH &KURQLFOH JUDQWLQJ KLP PRUH OHHZD\ WR FUHDWH VXESORWV WKHPVHOYHV 2SSRVLWH WKHP ZDV D QHRWUDGLWLRQ NQRZQ DV WKH
WKDW LQYROYH KLP RU WKH SHUVRQV FORVHVW WR KLP RU JDUQHULQJ PRUH &KDPSLRQV RI /LEHUW\ VRPH RI WKHP KDYH DSSHDUHG LQ VRPH RI P\
VXFFHVVHVWRDFWLRQVWKDWFKDQJHDPLQRUSORW RWKHU VWRULHV ZKR DGRSWHG 3DUDGLJP DV WKHLU SHW VSKHUH 7KH
&KDPSLRQV ZDQWHG WR VKDSH WKH ZRUOG VR WKDW DOO SDUDGLJPV ZRXOG EH
$IIHFW&RQWLQXLW\
YDOLG DQG QR PDJHV ZRXOG HYHU KDYH WR IHDU 3DUDGR[ DJDLQ DV ORQJ DV
WKH\UHPDLQHGWUXHWRWKHLULQQHUEHOLHIV$OORIWKH&KDPSLRQVZDQWHG
:LWK WKH WKLUG OHYHO RI WKH 1DUUDWLYH 6SKHUH WKH 0DJH OHDUQV KRZ WR WR NHHS WHFKQRPDJLF YDOLG EXW PDQ\ GLIIHUHQW SROLWLFDO VSOLQWHUV RI WKH
WZLVW DQG EHQG WKH VWRU\ V IORZ WR KLV DGYDQWDJH FUHDWLQJ JURXS KDG FRQIOLFWLQJ YLHZV RQ KRZ WR KDQGOH WKH 7HFKQRFUDWV DQG
LQFRQJUXHQFLHV LQ FRQWLQXLW\ VXFK DV KDYLQJ KLV JXQ LQ KLV SRFNHW WKHWUDGLWLRQFROODSVHGGXHWRLQILJKWLQJ
ZKHQ KH UHDOO\ OHIW LW DW KRPH RU WDNLQJ D ORW OHVV WLPH WR JHW , UHDOO\ KXUW P\ OLWWOH KHDG ZKHQ , ZDV WU\LQJ WR GHWHUPLQH SRZHU
VRPHZKHUHHOVHDQGZHDULQJGLIIHUHQWFORWKLQJRQDUULYDO OHYHOV IRU WKLV VSKHUH LW V GLIILFXOW WR WKLQN DERXW , KRSH \RX ILQG WKH
IUXLWVRIP\KHDGDFKHXVHIXO2QZLWKWKH3DUDGLJP
&UHDWH3ORW3RLQW$IIHFW0DMRU3ORW
*DPHQRWH
7KH $GHSWV RI WKH 1DUUDWLYH 6SKHUH FDQ LQ D IDVKLRQ GLFWDWH WKH
GLUHFWLRQ WKH RYHUDOO VWRU\ WDNHV ZLWK &UHDWH 3ORW 3RLQW KH FDQ FDXVH D <HV WKLV VSKHUH LV ZD\ WRR SRZHUIXO 7KDW V ZK\ LW FRPHV ZLWK D
JLYHQ RFXUUHQFH WR WDNH VXFK LPSRUWDQFH DV WR EHFRPH D PLOHVWRQH LQ FDWFK DQ\ 3DUDGR[ DFFXPXODWHG IURP PDJLFDO HIIHFWV LQYROYLQJ WKH
WKH &KURQLFOH VKRRWLQJ WKH SORW LQ D SUHYLRXVO\ XQIRUHVHHQ GLUHFWLRQ 3DUDGLJP VSKHUH LV VSHFLDO )RU WKH PRVW SDUW LW VKRXOG EH WUHDWHG WKH
%\ $IIHFWLQJ 0DMRU 3ORWV KH FDQ DOVR IRUFH KLPVHOI LQWR WKH OLPHOLJKW VDPH DV QRUPDO 3DUDGR[ DQG DOO WKH QRUPDO UXOHV DSSO\ +RZHYHU IRU
EHFRPLQJ WKH PDLQ SURWDJRQLVW UHJDUGOHVV RI WKH 'HVWLQ\ UDWLQJ RI HDFK SRLQW RI VSHFLDO 3DUDGLJP 3DUDGR[ WKDW WKH SOD\HU KDV
RWKHUFKDUDFWHUV DFFXPXODWHG DOO WKH GLIILFXOWLHV IRU PDJLFDO HIIHFWV WKDW SHUVRQ FDVWV
DUH LQFUHDVHG E\ RQH 7KLV FDQ EH FDQFHOOHG IRU RQH WXUQ DW D WLPH E\
1DUUDWLYH,PSHUDWLYLW\
VSHQGLQJ HLWKHU TXLQWHVVHQFH RU ZLOOSRZHU SRLQWV EXW WKH RQO\ ZD\ WR
WUXO\ JHW ULG RI WKLV FXUVH LV WR EOHHG RII WKH 3DUDGR[ 5HDOLW\ GRHV QRW
0DVWHUV RI WKH 1DUUDWLYH 6SKHUH FDQ FRPH XS ZLWK DQ\ RFFXUUHQFH DQG WDNHOLJKWO\WREHLQJPXQJHG
PDNH LW KDSSHQ MXVWLI\LQJ DV EHLQJ JRRG IRU WKH VWRU\ ZLOG
FRLQFLGHQFHV EHFRPH SRVVLEOH ZLWKRXW WKH QHHG WR OHDUQ WKH RWKHU 7DSHVWU\QRWH
6SKHUHVDQGWKHHIIHFWVFUHDWHGDUHDOZD\V&RLQFLGHQWLDOZLWKHQRXJK
VXFFHVVHVV D UDLOURDGHG ,QWHUJDODJWLF 7UDLQ FDQ FUXVK WKH DGYDQFLQJ 5HDOLW\ WHQGV WR VPRRWK SDUDGLJP VKLIWV RYHU DV DOO JRRG PDJHV NQRZ
+,70DUNVDQGOHDYHLPPHGLDWHO\,W VHDV\IRUQDUUDWLYH0DVWHUVWRJR :KDWWKH\GRQ WQHFHVVDULO\UHDOL]HLVWKDWWKHVWURQJHUSDUDGLJPZLQV
0DUDXGHU 7KLV LV ZK\ D SRDFKHU FDQ VKRRW D .XQJ 6XQ LQ WKH $IULFDQ GHVHUW DQG
WKH .XQJ ZLOO IHHO SDLQ DOWKRXJK WKH .XQJ V SDUDGLJP GRHV QRW
2UDFOHPDJLFNV
DFFHSW JXQV 7KH VWURQJHU SDUDGLJP DFFHSWV JXQV DV OHJLWLPDWH DQG
WKHUHIRUHFRQTXHUV
,W V UXPRUHG WKDW 2UDFOHV RI 1DUUDWLYH $VFHQG EH\RQG WKH UHDOP RI WKH
JDPH WR EHFRPH SOD\HUV DQG 6WRU\WHOOHUV EXW DV DQ\WKLQJ UHODWLQJ WR
2UDFOHVLW VRQO\DUXPRU
3DUDGLJP
$QDO\]H3DUDGLJP'LVUXSWLRQ6HQVH 6WXG\ RI WKH 3ULPH HQDEOHV WKH 0DJH WR DIIHFW WKH IORZ RI
4XLQWHVVHQFH WKURXJK DQG DURXQG KLPVHOI RU DQ\ RWKHU 3DWWHUQ
DOWKRXJK LW VKRXOG EH QRWHG WKDW 3ULPH FDQQRW DIIHFW WKH 6SKHUH RI
-XVW OLNH WKH 3ULPH 6SLULW HIIHFW $QDO\]H 3DUDGLJP WHOOV WKH PDJH 0LQG :KLOH 3ULPH LV QRW HVVHQWLDO WR 0DJHV LW LV D YHU\ XVHIXO $UW
ZKDWUHDOLW\ZLOODQGZLOOQRWDFFHSWDWSUHVHQW DQG PRVW 0DJHV XQGHUVWDQG LW DW LWV PRVW EDVLF OHYHOV 7KHUH DUH WZR
'LVUXSWLRQ 6HQVH PRQLWRUV UHDOLW\ YLRODWLRQV VKLIWV LQ WKH SDUDGLJP W\SHV RI 4XLQWHVVHQFH 5DZ DQG )UHH 5DZ 4XLQWHVVHQFH LV WKH EDVLF
DQGRWKHUGLVFRQWLQXLWLHV 4XLQWHVVHQFH WKDW DOORZV 3DWWHUQV WR H[LVW ,W LV OLWHUDOO\ WKH HQHUJ\ RI
VRPHWKLQJ V H[LVWHQFH ZLWKRXW WKLV HQHUJ\ WKH REMHFW FDQQRW H[LVW
&DOFLI\7DSHVWU\6SUHDG3DUDGLJP )UHH 4XLQWHVVHQFH LV QRW WLHG GRZQ WR DQ\ 3DWWHUQV EXW LQVWHDG IORZV
IUHHO\ DURXQG WKH 8QLYHUVH 2FFDVLRQDOO\ )UHH 4XLQWHVVHQFH
&DOFLI\ 7DSHVWU\ LQFUHDVHV WKH VWUHQJWK RI WKH FXUUHQW SDUDGLJP VR DV FRQFHQWUDWHV LQ SODFHV FDOOHG 1RGHV DQG WKH H[LVWHQFH RI WKHVH LV YLWDO
WR DPSOLI\ WKH 3DUDGR[ EDFNODVK DQG PD\EH HYHQ QHJDWH DQ\ RSSRVLQJ WR 0DJHV 0DJHV JDLQ DFFHVV WR WKH XQLYHUVDO SRRO RI )UHH 4XLQWHVVHQFH
PDJLFDOHIIHFWV DW WKH ORZHU OHYHOV RI 3ULPH 7KH DELOLW\ WR DIIHFW 5DZ 4XLQWHVVHQFH LV
QRW DYDLODEOH XQWLO KLJKHU OHYHOV RI 3ULPH DQG ZLWK LW FRPHV JUHDW
6SUHDG 3DUDGLJP LV MXVW OLNH VSUHDGLQJ SHDQXW EXWWHU \RX FDQ GUDJ SRZHUDVWKH0DJHEHFRPHVDEOHWRVQXIIVRPHWKLQJRXWRIH[LVWHQFH
\RXUSDUDGLJPDORQJZLWK\RXDQGKDYHLWDIIHFWWKHVXUURXQGLQJDUHD
7KH$YDWDU3DFNDJH
$OWHU3URFHVV
(YHU\RQH SRVVHVVHV $YDWDUV HYHQ 6OHHSHUV +RZHYHU 0DJHV SRVVHVV
&RPELQHG ZLWK RWKHU VSKHUHV WKLV OHWV \RX DOWHU WKH LGHDV WKDW PDNH PXFK VWURQJHU $YDWDUV WKDW DOORZ WKHP WR SHUIRUP 7UXH 0DJLFN (YHQ
UHDOLW\ ZRUN :LWK 0DWWHU VFUHZV DQG QDLOV ZLOO FHDVH WR ZRUN DQG LI D 0DJH KDV QR $YDWDU 5DWLQJ RQ SDSHU LW LV VWLOO VWURQJHU WKDQ D
IDOO RXW RI WKH WKLQJV WKH\ UH KROGLQJ WRJHWKHU :LWK 0LQG 3ULPH 6OHHSHU V RWKHUZLVH KH ZLOO QRW EH DEOH WR SHUIRUP PDJLFN KRZHYHU
)RUFHV H[SORVLRQV FDQ EH JHQHUDWHG E\ YLVXDOL]LQJ WKHP LQ \RXU KHGRHVKDYHFHUWDLQGLVDGYDQWDJHV
PLQGRUWKLQNLQJVHFUHWZRUGV
:KDW LV FRPPRQO\ UHIHUUHG WR DV DQ $YDWDU LV DFWXDOO\ PDGH XS RI
0HPHWLF7UXWK6ODFNHQ7DSHVWU\ WZR SDUWV WKH )ORZ DQG WKH $YDWDU 3DWWHUQ RU 8QLTXH &RQILJXUDWLRQ
7KH )ORZ LV WKH 5DZ 4XLQWHVVHQFH IORZLQJ WKURXJK WKH /LYLQJ
3DWWHUQ ZKLOH WKH 8QLTXH &RQILJXUDWLRQ LV WKH PHGLXP WKURXJK
0HPHWLF 7UXWK LV MXVW OLNH $OWHU )XQFWLRQ H[FHSW WKDW 0HPHWLF 7UXWK ZKLFK WKH )ORZ WUDYHOV 7KH 8QLTXH &RQILJXUDWLRQ GHWHUPLQHV KRZ
FDXVHV WKH LGHD WR VSUHDG RQFH LW LV LQLWLDWHG DQG JUDGXDOO\ HQFRPSDVV WKH )ORZ SDVVHV WKURXJK WKH /LYLQJ 3DWWHUQ DV ZHOO DV LWV PDJQLWXGH
WKH JOREH 7KLV HIIHFW FDQ EH FDQFHOOHG ZLWK XQEHOLHI RU ZLWK &DOFLI\ WKXVWKH)ORZDQGWKH8QLTXH&RQILJXUDWLRQDUHVWURQJO\LQWHUOLQNHG
7DSHVWU\
7R FDVW PDJLFNV RQH PXVW KDYH D ODUJH )ORZ EXW RQH V 8QLTXH
6ODFNHQ 7DSHVWU\ LV WKH RSSRVLWH RI &DOFLI\ 7DSHVWU\ LW DOORZV WKH &RQILJXUDWLRQ PXVW DOVR EH VWUXFWXUHG LQ VXFK D ZD\ DV WR DOORZ WKLV
WDSHVWU\WREHPRUHDWWKHPHUF\RIPDJLFDOHIIHFWV<D\ 7KXV 6OHHSHUV KDYH D UHODWLYHO\ VPDOO )ORZ FHUWDLQO\ LW LV HQRXJK WR
VXVWDLQ WKHLU H[LVWHQFH EXW YHU\ UDUHO\ HQRXJK WR DOORZ WKHP WR DIIHFW
:HOG3DUDGLJP$OWHU,QQHU3DUDGLJPV
WKHLU VXUURXQGLQJV 0DJHV RQ WKH RWKHU KDQG KDYH PXFK PRUH
SRZHUIXO )ORZV IDU LQ H[FHVV RI WKH DPRXQW UHTXLUHG WR PHUHO\
:HOG 3DUDGLJP FDXVHV WKH SDUDGLJP WR VKLIW VR WKDW HYHU\RQH HYHQ PDLQWDLQ WKHLU H[LVWHQFHV DQG 8QLTXH &RQILJXUDWLRQV WKDW DOORZ VXFK
PDJHV ZLOO EH DZDUH RI KRZ UHDOLW\ ZRUNV LQ WKDW JLYHQ DUHD DQG ZLOO D SRZHUIXO )ORZ WR SDVV WKURXJK WKHLU /LYLQJ 3DWWHUQV 6XFK D VWURQJ
QRW WKLQN WR TXHVWLRQ UHDOLW\ V HVWDEOLVKHG UXOHV ,I WKH SDUDGLJP LQ DQ )ORZ DOORZV WKH 0DJH WR FDVW PDJLFNV DQG LV DQ LQKHUHQW SDUW RI KLV
,WHUDWLRQ ; FRQVWUXFW LV :HOGHG DQ $NDVKLF %URWKHU ZLOO QRW HYHQ $YDWDU
WKLQN WR XVH KLV 7UDGLWLRQ V VW\OH RI PDJLF 7KH WKRXJKW ZLOO VLPSO\ $ 0DJH FDQ XVH KLV $YDWDU UDWLQJ WR UHJDLQ 4XLQWHVVHQFH E\
QRW RFFXU &RQYHUVHO\ D +,70DUN HQWHULQJ D :HOGHG GRMR ZLOO QRW PHGLWDWLQJ LQ D 1RGH IRU DW OHDVW DQ KRXU 3HUFHSWLRQ 0HGLWDWLRQ
UHPHPEHU KLV ODVHU FDQQRQV 7KLV FDQ EH GHWHFWHG ZLWK $QDO\]H GLIILFXOW\ 7KH QXPEHU RI VXFFHVVHV JDLQHG GHWHUPLQHV KRZ PXFK
3DUDGLJPDWZKLFKSRLQWWKH:HOGLVFDQFHOHGIRUWKDWSHUVRQ 4XLQWHVVHQFH WKH 0DJH WDSV IURP WKH 1RGH EXW WKH 0DJH FDQ RQO\
0DJHV DQG VOHHSHUV DOLNH KDYH WKHLU RZQ SHUVRQDO V\VWHPV RI EHOLHI KROG DV PXFK 4XLQWHVVHQFH DV KLV $YDWDU 5DWLQJ 7KXV D 0DJH ZLWK
WKDW WKH\ FDUU\ DURXQG $OWHU ,QQHU 3DUDGLJP DOORZV WKHVH WR EH $YDWDU ZKR UROOV VXFFHVVHV RQ KLV PHGLWDWLRQ UROO FDQ VWLOO RQO\ KROG
FKDQJHG VXEWO\ VR WKDW WKH YLFWLP GRHV QRW QRWLFH H[FHSW E\ XVH RI XS WR IRXU SRLQWV RI 4XLQW LQ KLV SDWWHUQ LQ WRWR $ 0DJH FDQQRW JDLQ
$QDO\]H3DUDGLJP PRUH 4XLQWHVVHQFH WKDQ WKH UDWLQJ RI WKH 1RGH DV D UHVXOW RI RQH
PHGLWDWLRQ UROO LQ RWKHU ZRUGV D 1RGH FDQ RQO\ SURYLGH DV PXFK
(UDGLFDWH3DUDGR[*OREDOL]H&RQVFLRXVQHVV 4XLQWHVVHQFH DV LWV 1RGH UDWLQJ RYHU WKH FRXUVH RI RQH KRXU ,Q
VLWXDWLRQV ZKHUH WKH 0DJH V $YDWDU UDWLQJ LV JUHDWHU WKDQ WKH 1RGH
7KHVH DUH WKHRUHWLFDO OHYHOV DQG KDYH \HW WR EH GHYHORSHG 7W LV UDWLQJ WKH 0DJH ZRXOG KDYH WR PDNH DQ H[WHQGHG UROO LQ RUGHU WR JDLQ
EHOLHYHG WKDW ZKRHYHU FRPSUHKHQGV WKLV OHYHO RI WKH VSKHUH ZLOO PRUH 4XLQWHVVHQFH SRLQWV IURP WKH 1RGH WKDQ DOORZHG E\ LWV UDWLQJ
FRQWUROWKH7HOOXULDQ 7KLV PHDQV KH ZRXOG KDYH WR PHGLWDWH LQ WKH 1RGH IRU PRUH WKDQ RQH
KRXU VORZO\ UHFKDUJLQJ KLV 4XLQWHVVHQFH 7KH 1RGH UDWLQJ WKHUHIRUH
LQGLFDWHV WKH OHDNDJH RI 4XLQWHVVHQFH 3RLQWV IURP WKH 1RGH SHU KRXU
Prime Revised DQG GRHV QRW QHFHVVDULO\ LQGLFDWH WKH DFWXDO VWUHQJWK RI WKH 1RGH
7KXV D SRZHUIXO 1RGH KROGLQJ ODUJH DPRXQWV RI )UHH 4XLQWHVVHQFH
PD\ VWLOO RQO\ EH FODVVHG DV 1RGH LI LWV OHDNDJH UDWH LV YHU\ ORZ ,Q
WKLV H[DPSOH WKH 0DJH ZLOO KDYH WR PDNH ILYH FRQWLQXRXV 3HUFHSWLRQ
%\&RQVWDQWLQH7KRPDV FWKRPDV#ODQFDVWHUDFXN
0HGLWDWLRQ UROOV JDLQLQJ DW OHDVW RQH VXFFHVV RQ HDFK RI WKHP LQ
RUGHU WR WDS D WRWDO RI ILYH SRLQWV RI 4XLQWHVVHQFH IURP WKH 1RGH RQH
3ULPHDQG4XLQWHVVHQFH SHU WXUQ ,I KH IDLOV DQ\ RI WKHVH UROOV WKHQ DOO WKH 4XLQWHVVHQFH KH
JDLQHG LQ WKH HIIRUW JRHV EDFN LQWR WKH 1RGH $ %RWFK PHDQV WKH VDPH
7KH 6SKHUH RI 3ULPH LV WKH PRVW LPSRUWDQW RI DOO WKH $UWV LW LV QRWKLQJ DV D IDLOXUH EXW KH DOVR ZLOO EH XQDEOH WR WDS 4XLQWHVVHQFH IURP WKDW
OHVV WKDQ WKH VWXG\ RI PDJLFN LWVHOI DQG WKH IORZ RI 4XLQWHVVHQFH 1RGHIRUDIHZGD\VDWOHDVW
1RWH WKDW 3ULPH FDQQRW EH XVHG WR GLUHFWO\ DIIHFW WKH 0LQG LQ DQ\ 7KH $YDWDU UDWLQJ GRHV QRW DOORZ WKH PDJH WR UHFKDUJH KLPVHOI ZLWK
ZD\ LW FDQ RQO\ EH XVHG WR DIIHFW PDJLFN LWVHOI RU WKH 3K\VLFDO )RUPV 4XLQWHVVHQFH RXWVLGH D 1RGH RQO\ 3ULPH DOORZV WKLV $ 0DJH VWDUWV
)RUFHV/LIH0DWWHU WKH JDPH ZLWK DV PDQ\ 4XLQWHVVHQFH 3RLQWV DV KH KDV LQ $YDWDU UDWLQJ
3ULPH5HYLVHG
IRU IUHH +H FDQQRW VWDUW ZLWK PRUH XQOHVV KH KDV 3ULPH WR VWDUW ZLWK ,I WKH 0DJH KDV QR $YDWDU 5DWLQJ EXW DW OHDVW KDV 3ULPH KH FDQ XVH
WKHVH PXVW EH ERXJKW ZLWK )UHHELH 3RLQWV 7KH DPRXQW RI KLV 3ULPH 5DWLQJ DV DQ HTXLYDOHQW WR $YDWDU WKXV D 0DJH SRVVHVVLQJ D
4XLQWHVVHQFH WKDW FDQ EH VSHQW LQ RQH WXUQ WR UHGXFH WKH GLIILFXOW\ RI UDWLQJ RI 3ULPH RU 3ULPH EXW QR $YDWDU 5DWLQJ FDQ VWLOO KROG )UHH
D PDJLFNDO HIIHFW LV HTXDO WR WKH KLJKHU RI HLWKHU WKH 0DJH V $YDWDU 4XLQWHVVHQFH DQG JDLQV LW XVLQJ 3ULPH 0DJLFN DV GHVFULEHG KHUH +LV
UDWLQJ RU KLV DELOLW\ LQ 3ULPH 7KXV LI D 0DJH SRVVHVVHV QHLWKHU 3ULPH 3ULPH 5DWLQJ DFWV DV WKH FHLOLQJ IRU KLV 4XLQWHVVHQFH 3RRO LQ WKH VDPH
QRU$YDWDUKHFDQQRWVSHQG4XLQWHVVHQFHRQKLVPDJLFNDOHIIHFWV ZD\ WKDW $YDWDU ZRXOG 1RWH WKDW DW 3ULPH KH FDQ EUHDN WKURXJK
WKLVFHLOLQJDQGKROGDVPDQ\4XLQWHVVHQFH3RLQWVDVKHKDVURRPIRU
5DZDQG)UHH4XLQWHVVHQFH
,Q DGGLWLRQ DW 3ULPH WKH 0DJH FDQ XVH 7DVV E\ FRQYHUWLQJ LW GLUHFWO\
WR )UHH 4XLQWHVVHQFH WR ORZHU WKH GLIILFXOWLHV RI D PDJLFNDO HIIHFW
)UHH 4XLQWHVVHQFH LV HVVHQWLDOO\ WKH H[FHVV HQHUJ\ FRQWDLQHG ZLWKLQ +RZHYHU ZLWKRXW 3ULPH KH VWLOO FDQQRW FKDQQHO WKH 4XLQWHVVHQFH
3DWWHUQV LI RQH NQRZV KRZ WR JHW LW WKHQ RQH FDQ HDVLO\ DEVRUE LW IURP WKH 7DVV LQWR KLV RZQ 3DWWHUQ DW 3ULPH KH MXVW XVHV LW WR SRZHU
5DZ 4XLQWHVVHQFH LV RQ WKH RWKHU KDQG ORFNHG LQWR DOO 3DWWHUQV WKXV KLVPDJLFNDOHIIHFWV
DOORZLQJ WKHP WR SK\VLFDOO\ H[LVW DQG LQ WKH FDVH RI /LIH 3DWWHUQV DOVR
IORZV WKURXJK WKHVH DQG VXVWDLQV WKHLU OLYLQJ H[LVWHQFH ,W LV UDZ )XHO3DWWHUQ
4XLQWHVVHQFH WKDW LV XVHG DW 3ULPH ZKHQ D 0DJH FUHDWHV D QHZ
3DWWHUQ QRW )UHH 4XLQWHVVHQFH ZLWKRXW 5DZ 4XLQWHVVHQFH WKH QHZ :KHQ D 0DJH FUHDWHV DQ\WKLQJ XVLQJ WKH 3K\VLFDO )RUPV LH )RUFHV
3DWWHUQ ZLOO QRW H[LVW +RZHYHU QHZO\ FUHDWHG 3DWWHUQV GR QRW DSSHDU /LIH RU 0DWWHU KH GRHV VR E\ FUHDWLQJ D 3DWWHUQ IXHOOHG E\ 5DZ
WR FRQWDLQ )UHH 4XLQWHVVHQFH DOWKRXJK LI OHIW DORQH IRU D ZKLOH WKH\ 4XLQWHVVHQFH ,Q WKH FDVH RI )RUFHV DQG 0DWWHU D IUDPHZRUN WKH
ZLOO SUREDEO\ DEVRUE LW QDWXUDOO\ IURP WKH HQYLURQPHQW OLNH 3DWWHUQ LWVHOI LV FUHDWHG ZKLFK LV WKHQ PDGH UHDO E\ 5DZ
HYHU\WKLQJHOVHGRHVSUHVXPDEO\ 4XLQWHVVHQFH 7KH 3DWWHUQ FDQ WKHUHIRUH EH WKRXJKW RI DV D VNHOHWRQ
7KH )ORZ LQ DQ $YDWDU GHVFULEHG HDUOLHU UHSUHVHQWV WKH 5DZ DURXQG ZKLFK LV SODFHG WKH IOHVK DQG EORRG 4XLQWHVVHQFH WKDW PDNHV
4XLQWHVVHQFH IORZLQJ WKURXJK WKH 0DJH V 3DWWHUQ VHH EHORZ 7KLV LQ WKH REMHFW UHDO ,Q WKH FDVH RI /LIH 3DWWHUQV ERWK D 5DZ 4XLQWHVVHQFH
WXUQ DIIHFWV KRZ PXFK IUHH 4XLQWHVVHQFH LH WKH QXPEHU RI GRWV RQ IUDPHZRUN DQG D )ORZ RI 5DZ 4XLQWHVVHQFH DUH FUHDWHG WR DOORZ WKH
WKH4XLQWHVVHQFHFLUFOHRQWKHFKDUDFWHUVKHHW WKH0DJHFDQKROG 3DWWHUQ WR H[LVW $OO /LIH0DWWHU)RUFHV HIIHFWV XVHG WR FRQVWUXFW QHZ
3DWWHUQV DUH WKHUHIRUH &RQMXQFWLRQDO UHTXLULQJ WKDW 6SKHUH D 3ULPH
/LYLQJ3DWWHUQV 5HTXLVLWH +RZHYHU 0LQG HIIHFWV GR QRW UHTXLUH 3ULPH UHTXLVLWHV
1RWH WKDW KHDOLQJ RU UHSDLULQJ 3DWWHUQV PDJLFNDOO\ GRHV QRW UHTXLUH
7KH 5DZ 4XLQWHVVHQFH PDNHXS RI D OLYLQJ 3DWWHUQ LV WZRIROG /LNH 3ULPH VLQFH WKLV LV DFFRPSOLVKHG E\ UHSDLULQJ WKH 3DWWHUQ GLUHFWO\
0DWWHU DQG )RUFHV 3DWWHUQV D /LIH 3DWWHUQ FRQWDLQV D IL[HG DPRXQW RI ZLWKWKH3DWWHUQ6SKHUHV
5DZ 4XLQWHVVHQFH WKDW LV DOZD\V ORFNHG LQWR WKH 3DWWHUQ +RZHYHU ,W VKRXOG EH QRWHG WKDW 3ULPH DV GHVFULEHG KHUH RQO\ DOORZV WKH 0DJH
WKHUH LV DQRWKHU FRPSRQHQW XQLTXH WR DOO /LYLQJ 3DWWHUQV WKDW WRVHWXSWKH5DZ4XLQWHVVHQFHIUDPHZRUNRU)ORZWRIXHOWKH3DWWHUQ
FRPSRQHQW ZKLFK PDNHV WKHP DOLYH 7KLV LV D IORZ RI 5DZ QRZKHUH GRHV LW VD\ LQ WKH 3ULPH GHVFULSWLRQ WKDW WKH 0DJH FDQ
4XLQWHVVHQFH RULJLQDWLQJ IURP WKH XQLYHUVDO SRRO RI 5DZ DOWHU WKH IORZ RI 5DZ 4XLQWHVVHQFH LQWR D 3DWWHUQ 7KXV WKH 5XEELQJ
4XLQWHVVHQFH DQG UHWXUQLQJ EDFN WR WKLV 3RRO YLD WKH /LIH 3DWWHUQ 2I 7KH %RQHV 3ULPH HIIHFW RQ 3DJH RI WKH 0DJH UXOHERRN LV RXW
:KLOH WKH 3DWWHUQ LV DOLYH WKLV )ORZ SDVVHV WKURXJK LW SHUSHWXDOO\ RISODFHWKLVLVQRZD3ULPHHIIHFW
:LWKRXW WKLV WKH /LIH 3DWWHUQ LV GHDG LQDQLPDWH PDWWHU WKH )ORZ QR (QFKDQWLQJ ,WHPV 0DJH LQWURGXFHV UXOHV RQ SDJH IRU
ORQJHU H[LVWV RQFH WKH 3DWWHUQ GLHV WKH $YDWDU 3DWWHUQ8QLTXH (QFKDQWLQJ LWHPV XVLQJ 3ULPH )RU FRQVLVWHQF\ ZLWKLQ WKHVH +RXVH
&RQILJXUDWLRQ LV UHF\FOHG DQG DOO WKDW UHPDLQV LV D GHDG ERG\ 5XOHV (QFKDQWLQJ LWHPV ZKLFK LQYROYHV DQ LQFUHDVH LQ WKH DPRXQW RI
FRQWDLQLQJ ORFNHG LQ 5DZ 4XLQWHVVHQFH ZKLFK LV LWVHOI HYHQWXDOO\ 5DZ 4XLQWHVVHQFH KHOG ZLWKLQ WKH REMHFW RU FUHDWLQJ (QFKDQWHG
UHF\FOHGLQWRWKH8QLYHUVDO3RROWKURXJKERGLO\GHFD\ LWHPVLVQRZRQO\SRVVLEOHDW3ULPH
7DVV $IIHFW)UHH4XLQWHVVHQFH
7DVV LV EDVLFDOO\ SK\VLFDO VROLG )UHH 4XLQWHVVHQFH $V VXFK LW FDQ EH $W WKLV OHYHO WKH 0DJH LV DEOH WR WDS UHVHUYRLUV RI )UHH 4XLQWHVVHQFH
FDUULHG DURXQG E\ 0DJHV DQG FDQ EH WDSSHG DW 3ULPH WR SRZHU LH 1RGHV DQG 7DVV DQG LV DEOH WR HLWKHU FKDQQHO WKLV 4XLQWHVVHQFH
HIIHFWV6HHEHORZIRUGHWDLOV LQWR DQRWKHU 3DWWHUQ RU 5HDOP RU VWRUH LW ZLWKLQ KLV RZQ 7KLV
PHDQV WKDW KH FDQ QRZ ILOO WKDW H[WUD VSDFH FUHDWHG LQ KLV $YDWDU
6SKHUH(IIHFWV ZLWK 3ULPH KH FDQ QRZ JDLQ PRUH 4XLQWHVVHQFH WKDQ LV DOORZHG E\
KLV $YDWDU 5DWLQJ 3ULPH DOVR DOORZV WKH 0DJH WR WUDQVIHU )UHH
4XLQWHVVHQFH WR REMHFWV WKXV DOORZLQJ KLP WR FUHDWH 7DOLVPDQV
3HUFHLYH6WRUH4XLQWHVVHQFH
0DJHV ZLWK 3ULPH FDQ DOVR GHVWUR\ PDJLFNDO HIIHFWV NQRZQ DV
8QZHDYLQJ DQG KDUP PDQLIHVWHG 'HPRQV VLQFH WKHVH H[LVW GXH WR
$W WKLV OHYHO WKH 0DJH FDQ SHUFHLYH 4XLQWHVVHQFH )ORZV 7KLV DOORZV )UHH 4XLQWHVVHQFH 'HPRQLF ERGLHV DUH PDJLFNDO WKH\ DUH QRW
KLP WR VHH 1RGHV $ZDNHQHG &UHDWXUHV DQG ZKHWKHU DQ\ FUHDWHG IURP 0DWWHU EXW DUH LQVWHDG FUDIWHG E\ WKH 'HPRQ LWVHOI IURP
4XLQWHVVHQFH LV EHLQJ GLYHUWHG WR IXHO PDJLFNDO HIIHFWV LQ WKH DUHD )UHH 4XLQWHVVHQFH ZKHQ LW DUULYHV RQ (DUWK $OVR WKH 0DJH LV DEOH WR
3ULPH DOVR DOORZV WKH 0DJH WR VWRUH PRUH 4XLQWHVVHQFH WKDQ KLV FKDQJH PDJLFNV FDVW E\ KLPVHOI RU RWKHU 0DJHV VLQFH WKHVH DIIHFW )UHH
$YDWDU 5DWLQJ DOORZV LQ HIIHFW LW IUHHV XS PRUH URRP ZLWKLQ WKH 4XLQWHVVHQFH )RU H[DPSOH WKH 0DJH FDQ FKDQJH 7DVV IURP RQH IRUP
0DJH V 8QLTXH &RQILJXUDWLRQ LQ ZKLFK WR KROG H[WUD )UHH WR DQRWKHU RU FRPELQH KLV DELOLW\ ZLWK RWKHU 0DJHV WR FDVW SRZHUIXO
4XLQWHVVHQFH +RZHYHU KH VWLOO FDQQRW DFWXDOO\ FKDQQHO )UHH 5LWXDOV
4XLQWHVVHQFH IURP WKH HQYLURQPHQW LQWR KLV 3DWWHUQ KLPVHOI WKLV
UHTXLUHV 3ULPH (IIHFWLYHO\ 3ULPH RQO\ JLYHV WKH 0DJH WKH SRWHQWLDO
WRVWRUHPRUH4XLQWHVVHQFH
+RZHYHU 3ULPH GRHV DOORZ WKH 0DJH WR FROOHFW 4XLQWHVVHQFH XS WR
WKH OLPLW RI KLV $YDWDU 5DWLQJ ZLWKRXW UHFRXUVH WR PHGLWDWLRQ LQ D
1RGH +H GRHV WKLV E\ XVLQJ 3ULPH PDJLFN WR GLUHFWO\ WDS WKH SRRO RI
)UHH 4XLQWHVVHQFH WKDW SHUPHDWHV WKH HQYLURQPHQW KRZHYHU WKLV LV
XVXDOO\ D 9XOJDU PDJLFNDO HIIHFW VLQFH )UHH 4XLQWHVVHQFH LV EHLQJ
WDNHQIURPWKHHQYLURQPHQWLQDQXQQDWXUDOPDQQHU
3ULPH5HYLVHG
$IIHFW5DZ4XLQWHVVHQFH VWUHDP RI 5DZ 4XLQWHVVHQFH IORZV FRQWLQXRXVO\ WKURXJK WKHLU
3DWWHUQV 2QO\ WKRVH ZLWK VWURQJ HQRXJK $YDWDUV LH 0DJHV DQG
$ZDNHQHG &UHDWXUHV DUH FDSDEOH RI VWRULQJ VRPH RI WKLV IORZ ZLWKLQ
$W WKLV OHYHO WKH 0DJH ILQDOO\ OHDUQV KRZ WR DIIHFW WKH 5DZ WKHLU3DWWHUQV
4XLQWHVVHQFH WKDW LV ZLWKLQ DOO 3DWWHUQV %\ H[WUDFWLQJ LW WKH 0DJH
5HGXFLQJ WKH )ORZ RI 5DZ 4XLQWHVVHQFH WKURXJK D 3DWWHUQ FDQ JLYH D
FDQ DIIHFW D 3DWWHUQ V LQFDUQDWLRQ LQ WKLV UHDOLW\ $GHSWV RI 3ULPH FDQ
0DVWHU JUHDW FRQWURO RYHU WKH PDJLFNDO DELOLWLHV RI RWKHU 0DJHV 7KH
H[SHO WKH 5DZ 4XLQWHVVHQFH IURP DQ\ 3DWWHUQ UHF\FOLQJ LW LQWR WKH
0DVWHU FDQ UHGXFH WKH )ORZ WKURXJK D WDUJHW V 3DWWHUQ VR WKDW WKH
FRVPLF SRRO RI 5DZ 4XLQWHVVHQFH :LWKRXW WKLV 4XLQWHVVHQFH WKH
)ORZ LV WRR ZHDN WR DOORZ LW WR ZLHOG 0DJLFN WKH WDUJHW HVVHQWLDOO\
3DWWHUQ EH LW 0DWWHU RU (QHUJ\ VLPSO\ FHDVHV WR H[LVW $OVR QRWH WKDW
EHFRPHV D 6OHHSHU DOEHLW D PDJLFNDOO\ DZDUH RQH ZKR GRHV QRW FRXQW
3DWWHUQV RI /LIH FDQQRW EH DIIHFWHG DW WKLV OHYHO VLQFH WKH\ DUH
DV D :LWQHVV IRU 9XOJDU PDJLFNV 'HFUHDVLQJ WKH )ORZ IXUWKHU UHTXLUHV
VXVWDLQHGE\D)ORZRI5DZ4XLQWHVVHQFH
PRUH VXFFHVVHV EXW LW FDQ EH UHGXFHG WR VXFK DQ H[WHQW WKDW LW LV
(QFKDQWHG ,WHPV 7KH 0DJH FDQ DOVR DGG 5DZ 4XLQWHVVHQFH WR D H[WLQJXLVKHG FRPSOHWHO\ WKXV NLOOLQJ WKH WDUJHW KRZHYHU WKH WDUJHW V
3DWWHUQ DERYH LWV QDWXUDO VWDWH DW 3ULPH WKLV LV NQRZQ DV HQFKDQWLQJ 8QLTXH &RQILJXUDWLRQ ZLOO VWLOO EH UHF\FOHG XQKDUPHG %\ LQFUHDVLQJ
DQ REMHFW DQG PDNHV LW PRUH UHDO DQG JHQHUDOO\ PRUH UHVLVWDQW WR WKH )ORZ RI 5DZ 4XLQWHVVHQFH WKURXJK KLV 8QLTXH &RQILJXUDWLRQ WKH
0DJLFN1RWHWKDWRQO\0DWWHU DQGWKHRFFDVLRQDO)RUFHV3DWWHUQ FDQ 0DVWHU HIIHFWLYHO\ LQFUHDVHV KLV $YDWDU 5DWLQJ WKLV DOORZV KLP WR VSHQG
EH(QFKDQWHG/LYLQJ3DWWHUQVFDQQRW PRUH 4XLQWHVVHQFH RQ KLV PDJLFNDO HIIHFWV WKLV UHSODFHV 5HFKDUJH
&UHDWLQJ (QFKDQWHG ,WHPV (QFKDQWHG LWHPV DUH QRW 7DOLVPDQV WKH\ *LIW ZKLFK DV XVLQJ WKHVH UXOHV LV QRZ D 3ULPH HIIHFW ,Q DGGLWLRQ
JDLQ QR H[WUD PDJLFNDO HIIHFWV 7KH\ FDQ EH XVHG E\ DQ\RQH WKRXJK KHFDQXVHWKLVWRLQFUHDVHWKHPD[LPXPDPRXQWRI)UHH4XLQWHVVHQFH
HYHQ 6OHHSHUV (QFKDQWLQJ DQ LWHP UHTXLUHV 3ULPH DQG DW OHDVW RQH WKDW KH FDQ VWRUH LQ KLV 3DWWHUQ KRZHYHU WKLV KDV WKH HIIHFW RI
OHYHO LQ WKH 6SKHUH FRUUHVSRQGLQJ WR WKH LWHP EHLQJ (QFKDQWHG LH VXSHUFKDUJLQJ WKH 0DJH PDQLIHVWLQJ DV DQ DXUD RI XQEULGOHG SRZHU
0DWWHU LI WKH LWHP LV D NQLIH RU )RUFHV LI WKH (QFKDQWPHQW LV EHLQJ 2EMHFWV PHUHO\ WRXFKLQJ WKH 0DJH PD\ KXUWOH DZD\ DW KLJK VSHHGV
DSSOLHG WR D )RUFHV 3DWWHUQ ,WHPV FDQ EH FUHDWHG LQ DQ DOUHDG\ DQG GHYLFHV PD\ VSRQWDQHRXVO\ H[SORGH LQ KLV SUHVHQFH ,Q DGGLWLRQ
(QFKDQWHG VWDWH EXW WKLV UHTXLUHV 3ULPH DQG WKH DSSURSULDWH 3DWWHUQ 3DUDGR[ PD\ EH GUDZQ WR VXFK D ODUJH FROOHFWLRQ RI )UHH 4XLQWHVVHQFH
6SKHUH VR WR FUHDWH DQ (QFKDQWHG 6LOYHU .QLIH ZRXOG UHTXLUH 3ULPH DQGPD\DWWHPSWWRDWWDFNWKH0DJH
DQG 0DWWHU WKLV LV HVSHFLDOO\ XVHIXO IRU FUHDWLQJ (QFKDQWHG )RUFHV ,W VKRXOG EH QRWHG WKDW DWWHPSWLQJ WKH *LOJXO LV EH\RQG WKH DELOLW\ RI
3DWWHUQV UHTXLULQJ3ULPHDQG)RUFHVRU PHUH 0DVWHUV RI 3ULPH 3ULPH DIIHFWV RQO\ WKH )ORZ RI 5DZ
7KH GXUDWLRQ RI WKH 3ULPH HIIHFW GHWHUPLQHV KRZ ORQJ WKH 4XLQWHVVHQFH WKURXJK D WDUJHW V /LYLQJ 3DWWHUQ *LOJXO KRZHYHU LV WKH
(QFKDQWPHQW ODVWV DQ H[WHQGHG DQG FRPSOLFDWHG ULWXDO PXVW XVXDOO\ FRPSOHWHGHVWUXFWLRQRIWKH8QLTXH&RQILJXUDWLRQLWVHOIVXFKWKDWLWLV
EH HQDFWHG LI WKH LWHP LV WR EH SHUPDQHQWO\ HQFKDQWHG (YHQ LI DQ LWHP ORVW IRUHYHU WR WKH &\FOH RI /LIH DQG 'HDWK 1% $OO 5HVLGXH ZLWKLQ WKH
LV FUHDWHG LQ DQ (QFKDQWHG VWDWH WKH H[FHVV 5DZ 4XLQWHVVHQFH 8QLTXH &RQILJXUDWLRQ LV DOVR GHVWUR\HG 0DVWHUV DUH FRPSOHWHO\
FRQWDLQHG ZLWKLQ LW VWLOO UHWXUQV WR WKH 8QLYHUVDO 3RRO VXFK LQFDSDEOH RI DIIHFWLQJ WKH 8QLTXH &RQILJXUDWLRQ RI OLYLQJ FUHDWXUHV
RYHUFKDUJHG LWHPV DUH QRW XVXDOO\ VWDEOH LQ WKDW VWDWH DQG VHHN WR WKRXJK WKH\ DUH DZDUH RI LWV H[LVWHQFH DW WKLV OHYHO WKH *LOJXO FDQ RQO\
UHWXUQ WR WKH VWDQGDUG PRGH 7KH (QFKDQWPHQWV SRZHULQJ VXFK LWHPV EH DWWHPSWHG E\ 2UDFOHV RI 3ULPH 7KH 8QLTXH &RQILJXUDWLRQ FDQ
FDQ EH XQGRQH E\ XVLQJ 3ULPH WR 8QZHDYH WKH HIIHFW 3ULPH LV QHYHU EH DIIHFWHG E\ DQ\ 3ULPH PDJLFN DQG VKRXOG GHDWK UHVXOW LW
QHFHVVDU\EHFDXVH5DZ4XLQWHVVHQFHLVLQYROYHGKHUH ZLOODOZD\VUHF\FOHFRPSOHWHO\XQDIIHFWHGE\QRQ2UDFXODUPDJLFNV
(IIHFWV RI (QFKDQWHG LWHPV (QFKDQWHG ZHDSRQV ZLOO LQIOLFW $OVR 0DVWHUV RI 3ULPH EHFRPH DZDUH RI D FRQQHFWLRQ EHWZHHQ
$JJUDYDWHG 'DPDJH WR DOO WDUJHWV EH WKH\ $ZDNHQHG 0DJLFNDO 3DUDGR[ DQG 4XLQWHVVHQFH VLPLODU WR WKDW EHWZHHQ SRVLWLYH DQG
6SLULWXDO RU 6OHHSHU HYHQ LI WKH\ DUH QRW PDQLIHVWHG LQ WKH 1HDU QHJDWLYH IRUFHV 0DVWHUV RI 3ULPH FDQ XVH WKLV WR FKDQQHO )UHH
8PEUD RU 6KDGRZODQGV 7KXV D :UDLWK LQ WKH 6KDGRZODQGV FDQ VWLOO 4XLQWHVVHQFH LQ VXFK D ZD\ WKDW LW FDQFHOV RXW 3DUDGR[ HQHUJLHV WKDW
EH GDPDJHG E\ DQ (QFKDQWHG NQLIH HYHQ LI WKH ZLHOGHU LV LQ WKH KDYHQRW\HWFRDOHVFHGZLWKLQD3DWWHUQLHUHPRYHLQFRPLQJ3DUDGR[
6NLQODQGV (QFKDQWHG ZHDSRQV ZRUN E\ QRW RQO\ DIIHFWLQJ WKH 3RLQWV IURP DQ HIIHFW EHIRUH WKH 0DJH JDLQV WKHP +RZHYHU
SK\VLFDO 3DWWHUQ RI WKH WDUJHW EXW E\ DOVR GLUHFWO\ DIIHFWLQJ LWV 5DZ FKDQQHOLQJ DQG IRFXVLQJ RI 3DUDGR[ LQWR RWKHU 3DWWHUQV LV QRW SRVVLEOH
4XLQWHVVHQFH IUDPHZRUN 7KLV LV ZK\ GDPDJH LQIOLFWHG E\ VXFK LWHPV XQWLO2UDFXODUOHYHOVRI3ULPH
LV DOZD\V $JJUDYDWHG QR PDWWHU ZKDW WKH QDWXUH RI WKH WDUJHW LV
(QFKDQWHG LWHPV RWKHUZLVH DUH PRUH UHDO WKDQ WKHLU XQHQFKDQWHG 6XPPDU\RI3ULPH(IIHFWV
FRXQWHUSDUWV ZKLFK FDQ KDYH D YDULHW\ RI HIIHFWV 6XFK LWHPV DUH
XVXDOO\ D ORW PRUH VROLG WRXJKHU DQG PRUH RSDTXH WR PDJLFNDO DWWDFNV
6SKHUH (IIHFW
WKDQ XQHQFKDQWHG RQHV 7KXV WKH HQFKDQWHG GHQLP MDFNHW GHVFULEHG
LQ WKH H[DPSOH LQ 0DJH ZLOO FHUWDLQO\ RIIHU LWV ZHDUHU D QXPEHU RI 3HUFHLYH4XLQWHVVHQFH
IUHH &RXQWHUPDJLFN GLFH RU VRPH PDJLFNDO 6RDN GLFH $Q (QFKDQWHG )XHO3DWWHUQ
KHOPHW ZRXOG DFW WR EORFN LQFRPLQJ DQG RXWJRLQJ 0LQG HIIHFWV $IIHFW)UHH4XLQWHVVHQFH
+RZHYHU VXFK LWHPV ZRXOG QRW SURYLGH DQ\ H[WUD SURWHFWLRQ DJDLQVW
$IIHFW5DZ4XLQWHVVHQFH
PXQGDQH QRQPDJLFNDO DWWDFNV WKH GHQLP MDFNHW ZRXOG QRW EH
EXOOHWSURRI XQOHVVVSHFLILFDOO\PDGHWKDWZD\E\0DWWHUPDJLFNV $IIHFW5DZ4XLQWHVVHQFH)ORZ
:UDLWKV ,W VKRXOG EH QRWHG KHUH WKDW :UDLWKV DUH XVXDOO\ RQO\
DIIHFWHG E\ FRQMXQFWLRQDO 0LQG6SLULW PDJLFNV VLQFH WKH\ DUH HQWLWLHV $IWHUZRUG
FRPSRVHG RI SXUH PHQWDO ZLOO 6XFK PDJLFNV DIIHFW WKH :UDLWK DV LI
WKH\ ZHUH /LIH (IIHFWV FDVW RQ OLYLQJ WDUJHWV +RZHYHU HYHQ :UDLWKV 2I FRXUVH WKH $YDWDU LV D ORW PRUH WKDQ MXVW D IORZ RI 5DZ
KDYH VRPH HOHPHQW RI 3ULPH DOVR VXVWDLQLQJ WKHLU H[LVWHQFH WKRXJK QR 4XLQWHVVHQFH ,W LV WKH JXLGLQJ IRUFH ZLWKLQ WKH 0DJH '\QDPLF
)ORZ VXVWDLQV WKHP 3ULPH LV WKHUHIRUH DOO WKDW LV UHTXLUHG WR GLUHFWO\ 3DWWHUQ 3ULPRUGLDO RU 4XHVWLQJ 7KHUH LV D VSLULWXDO DVSHFW KHUH DV ZHOO
DIIHFW D :UDLWK WKRXJK WKLV ZLOO DIIHFW LQ WKH VDPH ZD\ WKDW 3ULPH DV D PHWDSK\VLFDOPHFKDQLFDO RQH WKDW FDQQRW EH GHILQHG E\ DQ\
ZRXOGDIIHFWDOLYLQJWDUJHW *DPH RU +RXVH UXOHV $QG ZK\ VKRXOG WKH $YDWDU EH FRQVLGHUHG DV DQ
HQWLW\ JXLGLQJ WKH 0DJH" ,W FDQ DSSHDU LQ DQ\ PDQQHU WR WKH 0DJH
$IIHFW5DZ4XLQWHVVHQFH)ORZ DV D YDVW H[SDQVH RI ODQG WKDW WKH 0DJH PXVW H[SORUH JDLQLQJ
HQOLJKWHQPHQW RQ KLV RZQ LQWHUQDO VSLULWXDO MRXUQH\ RU DV DQ LQILQLWH
7KH 0DVWHU RI 3ULPH LV QRZ FDSDEOH RI DIIHFWLQJ WKH PDJQLWXGH RI WKH EODFN RFHDQ WKDW IORRGV RYHU WKH 0DJH DQG SHUPHDWHV KLV FRUH IORRGLQJ
)ORZ RI 5DZ 4XLQWHVVHQFH WKURXJK /LYLQJ 3DWWHUQV E\ GLYHUWLQJ PRUH KLP ZLWK LQVLJKW PHPRULHV DQG HYHQ SRVVLEO\ WRUPHQW :K\ VWRS DW D
5DZ 4XLQWHVVHQFH IURP WKH XQLYHUVDO SRRO LQWR WKHP 0RVW OLYLQJ SHUVRQDOLVDWLRQ"
EHLQJV GR QRW VWRUH 4XLQWHVVHQFH ZLWKLQ WKHLU SDWWHUQV LQVWHDG D
3ULPH5HYLVHG
EHJLQ WR FRXQWHUDFW LWVHOI 7LGDO IRUFHV FDQ ULS DSDUW REMHFWV KHDW
Qlippothic Spheres FRQFHQWUDWHLWVHOIDQGPRYLQJYHKLFOHVVWDUWWRWXPEOHFKDRWLFDOO\
'HVWUR\ *UHDWHU )RUFHV 7KH PDJH FDQ QRZ UHPRYH JUDYLW\
RU GUDLQ KHDW ,Q SULQFLSOH KH FDQ UHPRYH DOO IRUFHV IURP VRPHWKLQJ
%\$QGHUV6DQGEHUJ QYDVD#QDGDNWKVH PDNLQJLWGLVVROYHLQWRGHDGPDWWHU
,QWURGXFWLRQ /LIH
4OLSSRWKLF PDJLFN GHDOV ZLWK WKH GDUN VLGHV RI WKH VSKHUHV RU UDWKHU 8QOLNH QRUPDO OLIH 4OLSSRWKLF OLIH FDQQRW VXVWDLQ LWVHOI ,W QHHGV
WKH IRUFHV QRUPDO PDJHV GR WKHLU EHVW WR DYRLG 7KH\ DUH QRWRULRXVO\ VRPHWKLQJ WR IHHG RQ EH LW WKH TXLQWHVVHQFH IORZ WKH PDJH LQYRNHV RU
YXOJDU DQG GDQJHURXV EXW DW WKH VDPH WLPH TXLWH SRZHUIXO $ RWKHU NLQGV RI OLIH $Q\ OLIH DIIHFWHG E\ 4OLSSRWKLF PDJLFN EHFRPHV
4OLSSRWKLF PDJH FDQ XVH DOO QRUPDO VSKHULF PDJLFN DOWKRXJK ZLWK D VOLJKWO\ SDUDVLWLF WKH FHOOV IHHG RI WKHLU QHLJKERUV SODQWV VXFN RXW DOO
GHILQLWH TOLSSRWKLF VODQW EXW DOVR RWKHU HIIHFWV QRUPDOO\ QRW SRVVLEOH WKH QRXULVKPHQW LQ WKH VRLO DQG DQLPDOV DUH ILOOHG ZLWK D UDJLQJ KXQJHU
LQ PRUH EDODQFHG SDUDGLJPV 7KH 1HSKDQGL DUH WKH PRVW ZHOO NQRZQ WR VDWH WKH XQOLIH ZLWKLQ WKHP :LWKRXW D FRQVWDQW VXSSO\ RI H[WHUQDO
4OLSSRWKLF PDJHV EXW WKHUH DUH RWKHU PDJHV ZKR KDYH EHHQ GUDZQ WR HQHUJ\ LW ZLOO GLH DOWKRXJK 4OLSSRWKLF OLIH KDV D QDVW\ WHQGHQF\ WR
WKH XQEDODQFHG E\ PDGQHVV OXVW IRU SRZHU RU FXULRVLW\ +RZHYHU WDNHDORQJWLPHWRGLHFRPSOHWHO\
RQFH\RXVWDUWWRXVHTOLSSRWKLFPDJLFNLWEHFRPHVKDUGWRVWRS
'HWHFW 'LVHDVH 7KH PDJH LV DEOH WR ILQG DOO ZHDN SRLQWV SRWHQWLDO
&RUUHVSRQGHQFH GLVHDVHVDQGZRXQGVZLWKLQDQRWKHUOLYLQJEHLQJ
:DUS 6LPSOH /LIH 7KH PDJH FDQ ZDUS VLPSOH OLIH OLNH EOLJKWLQJ
SODQWV RU IRUFLQJ LQVHFWV WR JURZ :DUSHG OLIH LV DOZD\V VOLJKWO\ VLFNO\
8QOLNH LQ WKH WUDGLWLRQDO SDUDGLJP 1HSKDQGL GR QRW VHH HYHU\WKLQJ DV
DQGGHIRUPHG
D SDUW RI DQ LQGLYLVLEOH XQLW\ (YHU\WKLQJ FDQ EH WDNHQ DSDUW HYHQ WKH
&RUUHVSRQGHQFH 3RLQW 7KLV PDNHV 4OLSSRWKLF &RUUHVSRQGHQFH :DUS &RPSOH[ /LIH 7KH PDJH FDQ FKDQJH KLPVHOI WKLV ZLOO RI
GDQJHURXVERWKIRULWVXVHUVDQGLWVYLFWLPV FRXUVH ELQG KLP VWURQJHU WR WKH 4OLSSRWK VLQFH KH ZLOO QHHG WKH
HQHUJLHV RI WKH VSKHUH HYHQ PRUH LQ WKH IXWXUH +H FDQ DOVR FUHDWH
'HWHFW :DUSLQJ 7KH 0DJH FDQ QRWLFH HUURUV DQG LOOXVLRQV RI VSDFH
VLPSOH SVHXGROLYLQJ EHLQJV QRW DEOH WR VXUYLYH RQ WKHLU RZQ EXW
RU SHUVSHFWLYH 7KHVH ZHDN SRLQWV RI VSDFH H[LVW HYHU\ZKHUH DQG
XVXDOO\TXLWHWHQDFLRXV
FRQQHFWDOOSODFHVWKURXJKVHFUHWOLQNVEHQHDWKUHDOLW\
:DUS 3HUVRQ 7KH PDJH FDQ ZDUS DOO IRUPV RI OLIH LQFOXGLQJ
:DWFK WKURXJK WKH &UDFNV RI 5HDOLW\ 7KH PDJH FDQ ORRN
RWKHUSHRSOH
WKURXJKWKHZHDNSRLQWVRIVSDFHLQWRRWKHUSODFHV
7UDQVPXWH )OHVK 7KH PDJH FDQ WXUQ OLYLQJ EHLQJV LQWR WUXH
0RYH WKURXJK WKH &UDFNV 7KH PDJH KDV WKH SRZHU WR VOLS
XQOLIH OLNH KXPDQV LQWR YDPSLUHV 7KLV XQOLIH LV TXLWH SRWHQW DV ORQJ
WKURXJKWKHZHDNSRLQWVDQGHPHUJHHOVHZKHUH+RZHYHUKHKDVWREH
DV LW FDQ IHHG RQ WKH TXLQWHVVHQFH RI RWKHU OLIH DQG VWURQJO\ WLHG WR WKH
YHU\ FDUHIXO WR KROG KLPVHOI WRJHWKHU VR WKDW WKH GLIIHUHQW SDUWV RI KLP
4OLSSRWKRIOLIH
GR QRW EUHDN DSDUW +H FDQ DOVR VHQG RXW KLV PLQG WKURXJK WKH FUDFNV
WRILQGVRPHWKLQJDQ\ZKHUHLQWKHZRUOGRUEHQHDWK 0DWWHU
7DNH 2WKHUV WKURXJK WKH &UDFNV $W KLJKHU OHYHOV WKH PDJH
FDQ PRYH RWKHU REMHFWV WKURXJK VSDFH DV D ZKROH RU WDNH WKHP DSDUW
4OLSSRWKLF PDWWHU LV WKH VSKHUH RI UXLQLQJ REMHFWV DQG UHPRYLQJ WKH
+H FDQ DOVR FUHDWH QHZ FUDFNV DQG SDWFK WKHP WRJHWKHU WKLV FUHDWHV
SURSHUWLHVRIPDWWHU
FUHDVHVDQGVWUDQJHRYHUODSVLQVSDFH
'HWHFW)ODZVDQG,PSXULWLHV
:DUS 6SDFH 7KH 0DJH LV QRZ DEOH WR WDNH DSDUW DQG UHDUUDQJH
VSDFH LWVHOI HYHQ FKDQJLQJ WKH QXPEHU RI GLPHQVLRQV 6XFK &UHDWH 4OLSSRWKLF 0DWWHU 4OLSSRWKLF PDWWHU LV QRWRULRXVO\ LQHUW
UHDUUDQJHPHQWV WHQG WR EH UDWKHU XQVWDEOH DQG YHU\ GHVWUXFWLYH IRU DQG XVHOHVV LW LV QRW DIIHFWHG E\ PRVW IRUFHV FDQQRW VXVWDLQ OLIH RU EH
DQ\WKLQJFDXJKWLQWKHP XVHG IRU DQ\WKLQJ ,W LV DOVR YHU\ KDUG WR GHVWUR\ RU JHW ULG RI DQG MXVW
DFFXPXODWHVDVGLUWRUJDUEDJH
(QWURS\ 5HPRYH 3URSHUWLHV RI 0DWWHU 7KH PDJH FDQ UHPRYH SURSHUWLHV
VXFKDVFRKHVLRQFRORUVWUHQJWKRUQRXULVKPHQW
7KLVLVGHDOWZLWKLQWKH%RRNRI0DGQHVV 7UDQVPXWH0DWWHULQWR4OLSSRWKLF0DWWHU
&UHDWH 3XUH 4OLSSRWKLF 0DWWHU 3XUH 4OLSSRWKLF PDWWHU LV
)RUFHV
YHU\ KDUG WR DIIHFW E\ DQ\ IRUP RI PDJLFN DQG DOPRVW LQGHVWUXFWLEOH
,WMXVWWLHVXS4XLQWHVVHQFHVRWKDWLWFDQQRWEHXVHG
4OLSSRWKLF PDJLF GRHV QRW GHDO ZLWK WKH EDODQFHG IORZV RI HQHUJ\ WKH
7UDGLWLRQV DQG 7HFKQRFUDF\ XVHV ,QVWHDG LW FUHDWHV DQG FRQWUROV 0LQG
XQEDODQFHG GHVWUXFWLYH IRUFHV RU WKH ODFN RI HQHUJ\ 7KH IRUFHV D
TOLSSRWKLF PDJH ZLHOG DUH XVXDOO\ YLROHQW RU VRPHKRZ FRUUXSWLQJ 4OLSSRWKLF0LQGGHDOVZLWKGLVRULHQWDWLRQLPEDODQFHDQGLQVDQLW\
HOHFWULFLW\LVILOOHGZLWKVSLNHVJUDYLW\WXJVLQGLIIHUHQWZD\VDWRQFH
:DUSHG0LQG2QHRIWKHILUVWWKLQJVDVWXGHQWRIWKHVSKHUHOHDUQV
'HWHFW 3RWHQWLDOV 7KH PDJH FDQ GHWHFW SRWHQWLDOV ZKHUH HQHUJLHV LV WR JDLQ LQVLJKW IURP PDGQHVV KRZ WR WZLVW KLV RZQ WKRXJKWV
DWWUDFW RU UHSHO HDFK RWKHU $W VXFK SRLQWV WKH VOLJKWHVW FKDQJH FRXOG DURXQG DQG JDWKHU SRZHU IURP WKH GDUN UHFHVVHV RI WKH PLQG +H
EUHDNWKHHTXLOLEULXPDQGFDXVHGLVUXSWLRQ EHFRPH LV FDSDEOH RI MXPS RI LQVLJKW DQG YLVLRQ DW WKH PHUH SULFH RI
'LVUXSW /HVVHU )RUFHV 1RUPDOO\ RUGHUHG IRUFHV VXFK DV OLJKW RU VDQLW\
HOHFWULFLW\ FDQ EH GLVUXSWHG ORVLQJ WKHLU XVDELOLW\ DQG EHFRPLQJ (PRWLRQDO ,QVHFXULW\ 7KH PDJH FDQ DIIHFW WKH HPRWLRQV DQG
LUULWDWLQJ RU GHVWUXFWLYH (OHFWURQLF GHYLFHV EUHDN GRZQ RU DUH GULYHV RI DQRWKHU SHUVRQ WXUQLQJ WKHP DJDLQVW KLP RU DJDLQVW HDFK
GHVWUR\HG OLJKW EHFRPHV JULWW\ DQG VWUDQJHO\ XQDEOH WR KHOS RWKHU /RYH FDQ WXUQ LQWR REVHVVLRQ VHOIFRQILGHQFH FDQ EUHDN GRZQ
SHUFHSWLRQV LQWRGRXEWVDQGKLGGHQIHDUVEURXJKWWROLIH1HXURVHVFDQEHFUHDWHG
'HVWUR\ /HVVHU )RUFHV 7KH PDJH FDQ QRW RQO\ FUHDWH IRUFHV KH 'LVRULHQWDWLRQ &RQVFLRXVQHVV DQG WKRXJKW DUH TXLWH XQVWDEOH
FDQ DOVR GHVWUR\ WKHP /LJKW FDQ EH WXUQHG LQWR GDUNQHVV HOHFWULFLW\ HQWLWLHV DQG FDQ HDVLO\ EH EURNHQ +H FDQ GHUDLO WUDLQV RI WKRXJKW
GUDLQHGDQGVRXQGGDPSHQHG LQGXFHKDOOXFLQDWLRQVIRUFHDYLFWLPLQWRDFRPDRUSV\FKRVLV
'LVUXSW *UHDWHU )RUFHV 1RZ WKH PDJH FDQ PDNH DQ\ IRUFH %UHDN WKH 0LQG 7KH PLQG RI D YLFWLP FDQ EH SHUPDQHQWO\
4OLSSRWKLF6SKHUHV
ZDUSHGLQWRXQUHFRJQL]DEOHSDWWHUQV 'HDG WLPH 7KH PDJH FDQ PDNH WLPH PRUH RU OHVV XVHOHVV
6KDWWHU WKH 0LQG $W WKLV OHYHO WKH PDJH QRW RQO\ FDQ EUHDN 1RWKLQJ LPSRUWDQW FDQ KDSSHQ RU LW MXVW IOLHV DZD\ EHIRUH DQ\WKLQJ
DZD\ PLQGV IURP WKHLU ERGLHV EXW DOVR SDUWV RI WKH PLQGV 0HPRU\ XVHIXOJHWVGRQH
FRJQLWLRQ RU WKRXJKW FDQ EH UHPRYHG RU VHQW DZD\ WR RWKHU SODFHV 8QOLQN 7LPH 7KH PDJH FDQ UHPRYH WKLQJV IURP WKH
7KLQJVIURPWKH$VWUDOSODQHFDQEHEURXJKWLQWRUHDOLW\ WLPHVWUHDP SDUWLDOO\ RU DV D ZKROH ,I DQ REMHFW LV RQO\ SDUWLDOO\
UHPRYHG RQH SDUW ZLOO DJH LQGHILQLWHO\ ZKLOH WKH RWKHU LV SUHVHUYHG RU
3ULPH YLFHYHUVD7KH\FDQDOVREHWKURZQLQWRDWLPHOHVVOLPER
'HVWUR\ 7LPH 7KH PDJH LV DEOH WR EUHDN WKH IORZ RI WLPH DQG
4OLSSRWKLF 3ULPH PDJLFN LV DPRQJ WKH PRVW XQKRO\ DUWV RI PDJLFN LQ FDXVDOLW\ HYHQWV GR QRW KDYH HIIHFWV RU WLPH MXVW SDVVHV ZLWKRXW
H[LVWHQFH ,W FRUUXSWV DQG WUDQVPXWHV 3ULPH LQWR QRQH[LVWHQFH DQ\WKLQJ KDSSHQLQJ 7LPH FDQ DOVR EH EURNHQ DSDUW DQG SXW WRJHWKHU
UHPRYLQJ LW IURP UHDOLW\ RU FXUGOLQJ LW LQWR D XVHOHVV HQWURSLF VWDWH IRUPLQJHQGOHVVFDXVDOORRSV
4XLQWHVVHQFH IHG LQWR SDWWHUQV ZLOO KDYH D 4OLSSRWKLF UHVRQDQFH
ZKLFK ZLOO DIIHFW WKHP LQ VXEWOH ZD\V 7KH\ ZLOO EHFRPH PRUH
XQVWDEOHOHVVHIILFLHQWDQGRIWHQVSUHDGWKHLUFRUUXSWLRQIXUWKHU Reality
'HWHFW 3DUDGR[ 7KH PDJH FDQ GHWHFW SDUDGR[ DQG RWKHU VWUDLQV LQ
UHDOLW\ZHDNSRLQWVZKHUHLWFDQXQUDYHOIXUWKHU
'UDLQ 4XLQWHVVHQFH 7KH PDJH FDQ OHDN RXW 4XLQWHVVHQFH IURP D %\$QGUH:HLW]PDQ DBZHLW]#DOFRUFRQFRUGLDFD
PDJLFNDO SDWWHUQ ZHDNHQLQJ LW 1RUPDO SDWWHUQV DUH XVXDOO\ WRR
VWURQJWRDIIHFWEXWWKH\FDQEHVOLJKWO\GHVWDELOL]HG
,QWURGXFWLRQ
'DUN 7DOLVPDQV 7DOLVPDQV FUHDWHG E\ 4OLSSRWKLF PDJLFN DUH
ERWK GDQJHURXV DQG QDVW\ 7KHLU HIIHFWV DUH VWURQJO\ 4OLSSRWKLF DQG $PRQJ P\VWLFNV 0DUDXGHUV DUH ERWK IHDUHG DQG HQYLHG )RU DOO WKH
WKH\ DOVR WHQG WR DWWUDFW SDUDGR[ +RZHYHU WKHLU QDWXUH DOVR PDNHV WHUURU WKHLU PDGQHVV EULQJV D JRRG PDQ\ PDJHV ZRXOG NLOO IRU WKHLU
WKHP YHU\ JRRG DW GHVWUR\LQJ FRUUXSWLQJ DQG ZDUSLQJ WKLQJV LQ DELOLW\ WR LJQRUH WKH UDYDJHV RI 3DUDGR[ 2YHU PDQ\ \HDUV D IHZ EUDYH
XQSOHDVDQWZD\VHYHQLIWKH\ZHUHQRWLQWHQGHGIRULW DQG IRROKDUG\ ZLOOZRUNHUV ULVNHG WKHLU OLYHV LQ LQYHVWLJDWLQJ WKH
VRXUFHRIWKHLUSRZHU
'UDLQ %\ GUDLQLQJ DZD\ WKH TXLQWHVVHQFH RI D SDWWHUQ LW FDQ EH
XQGRQH DQG LWV H[LVWHQFH LV FRQYHUWHG LQWR 4OLSSRWKLF TXLQWHVVHQFH ,W 7KHVH LQYHVWLJDWLRQV SRLQW WR D KLWKHUWR XQNQRZQ 6SKHUH RI
LV RI FRXUVH SRVVLEOH WR MXVW XQGR VRPH SDUWV RI D SDWWHUQ OHDYLQJ WKH NQRZOHGJHSRVVLEO\ WKH HOXVLYH 7HQWK 6SKHUH WKDW WKH 7UDGLWLRQV
UHVWXQVWDEOHDQGGHFD\LQJ KDYHVRXJKWIRUFHQWXULHV7KHFRVWRIOHDUQLQJLWWKRXJKLQGLFDWHWKDW
LWPD\EHVWEHOHIWXQSXUVXHG
'HVWUR\ 4XLQWHVVHQFH 7KLV DSSDUHQWO\ UHPRYHV WKH
4XLQWHVVHQFHIURPUHDOLW\DOWRJHWKHUWXUQLQJEHLQJLQWRXQEHLQJ 6HQVH3DUDGR[
6SLULW
$SSUHQWLFHV RI WKLV 6SKHUH DUH FDSDEOH RI VHQVLQJ WKH PDQLIHVWDWLRQV RI
3DUDGR[ LQ WKHLU SUHVFHQFH 7KURXJK FDUHIXO VWXG\ WKH\ FDQ GLVFRYHU
4OLSSRWKLF VSLULW LV TXLWH VLPLODU WR QRUPDO 6SLULW PDJLFN DOWKRXJK LW
WKH QDWXUH DQG RULJLQ RI D SDUWLFXODU RFFXUUHQFH RI 3DUDGR[ 7KH
GHDOVZLWKWKHPRUHPDOHYROHQWDVSHFWVRIWKH8PEUD
GXUDWLRQ RI 3DUDGR[ )ODZV FDQ EH GHWHUPLQHG DQG UHVROYLQJ 4XLHWV
)LQG %UHDFK 4OLSSRWKLF PDJHV RIWHQ VHHN RXW ZHDN SRLQWV LQ WKH EHFRPHV HDVLHU 7KH DSSUHQWLFH FDQ HYHQ EDQLVK KREJREOLQV WKDW KDYH
JDXQWOHWWRZLGHQWKHPIXUWKHUJUDGXDOO\XQGHUPLQLQJLW EHFRPHUHDO
6HH WKH 1HWKHU 5HDOPV 4OLSSRWKLF PDJHV DUH DEOH WR SHUFHLYH WKH 8QIRUWXQDWHO\ WKH RQVHW RI 0DUDXGHU LQVDQLW\ EHJLQV 7KH UHDOL]DWLRQ
4OLSSRWKLFUHDOPVEHQHDWKUHDOLW\DQGVXPPRQEHLQJVIURPWKHP WKDW DOO SDUDGLJPV DUH IXQGDPHQWDOO\ LQYDOLG FDXVHV WKH PDJH V PLQG
%UHDFK WKH JDXQWOHW 7KH PDJH FDQ QRZ SDVV WKURXJK IODZV LQ WR EHFRPH XQVWDEOH 2EVHVVLRQ GHOXVLRQV RI JUDQGHXU DQG IOLJKWV RI
WKH JDXQWOHW LQWR WKH XSSHUPRVW QHWKHU UHDOPV DQG SHUFHLYH WKH $E\VV IDQWDV\SODJXHWKHPDJH
EHORZ
5HVLVW3DUDGR[
'HVWUR\ WKH *DXQWOHW 7KH PDJH FDQ GLVUXSW WKH SURWHFWLYH
VKHOO RI WKH JDXQWOHW RSHQLQJ WKH ZD\ IRU WKH GDUNQHVV EHORZ +H FDQ
DOVR ELQG DQG ZDUS VSLULWV IRUFLQJ WKHP WR EHFRPH 4OLSSRWKLF HQWLWLHV $GYDQFHG DSSUHQWLFHV OHDUQ KRZ WR VLGHVWHS WKH HIIHFWV RI 3DUDGR[
WKHPVHOYHV :KHQ DQ\ 3DUDGR[ LV LQFXUUHG WKH WROO LV QHYHU FRXQWHG DJDLQVW WKH
PDJH LQVWHDG LW LV EOHG RII LQWR WKH VXUURXQGLQJ HQYLURQPHQW 3DUDGR[
(QWHU WKH $E\VV 7KH PDJH LV DEOH WR HQWHU WKH VSLULWXDO DE\VV
)ODZV DIIOLFW RWKHUV HYHQ 6OHHSHUV QRUPDO PDJHV VXIIHU DWWDFNV RI
EHORZUHDOLW\XQKDUPHGDQGWRFRQWDFWLWVGHQL]HQV
4XLHW RU WKH GHSUHGDWLRQV RI 3DUDGR[ 6SLULWV H[LVWLQJ KREJREOLQV
7LPH LPPHGLDWHO\EHFRPHUHDO
7KLV VNLOO LV LWV RZQ SXQLVKPHQW 7KH 5HDOLW\ 0DJH LV QRZ D VHULRXV
WKUHDW WR KHU IHOORZ KXPDQV 2QO\ UHWUHDWLQJ LQWR LVRODWLRQ FDQ WKH
-XVW DV VSDFH FDQ EH WDNHQ DSDUW RU FUDFNHG WKH FKDLQV RI FDXVDOLW\ FDQ
VDIHW\ RI RWKHUV EH DVVXUHGVXFK DV HVFDSLQJ WR WKH 8PEUD 6RPH DUH
EH PDQLSXODWHG E\ D 4OLSSRWKLF PDJH ,W LVQ W SRVVLEOH WR JHW DQ\WKLQJ
IRUFHG WR OHDYH ZKLOH RWKHUV VOLS DZD\ RI WKHLU RZQ DFFRUG $V ZHOO
XVHIXO GRQH GXULQJ 4OLSSRWKLF WLPH DQG LW VHHPV WR VWUHWFK RQ IRU D
WKHPDGQHVVZLWKLQWKHDSSUHQWLFH VPLQGUHDFKHVQHZKHLJKWV
JUH\HWHUQLW\RUVSHHGXSMXVWZKHQLWVKRXOGQ W
)LQG WKH $QJOHV RI 7LPH 4OLSSRWKLF PDJHV KDYH DQ VWUDQJH &RQWURO5HDOLW\
WHQGHQF\ WR ILQG WKH H[DFWO\ ZURQJ PRPHQWV WR GR VRPHWKLQJ WKH
UHVXOWV DUH XQSUHGLFWDEOH DQG RIWHQ GDQJHURXV 7KH\ FDQ ILQG WKH
$ 'LVFLSOH RI WKH 7HQWK 6SKHUH UHDOL]HV WKDW WKH RWKHU QLQH 6SKHUHV DUH
ZULQNOHV DQG DQJOHV RI WLPH DQG XVH WKHP WR PDNH FKDLQV RI HYHQWV WR
VLPSO\ IDFHWV RI 5HDOLW\ &DUHIXO PDQLSXODWLRQ RI WKH 7HQWK 6SKHUH
JRZURQJ
FDQGXSOLFDWHWKHHIIHFWVRIDQ\RWKHU7KHPDJHPD\FUHDWHWKHHIIHFWV
3HHU WKURXJK WKH :ULQNOHV $OO WKH DQJOHV DQG IODZV LQ WKH RI DQ\ QRUPDO 6SKHUH XS WR WKH OHYHO RI KHU $UHWHZLWKRXW KDYLQJ WR
WLPHVWUHDP DUH OLQNHG WRJHWKHU DQG 4OLSSRWKLF PDJHV KDYH D IDQWDVWLF VWXG\WKH6SKHUHLQYROYHG
DELOLW\WRSUHGLFWEDGQHZVRUGLVFHUQSDVWHYHQWVEHWWHUOHIWEXULHG
,QVDQLW\ GHHSHQV RIWHQ UHVXOWLQJ LQ VKRUW SHULRGV RI 4XLHW 5HDOLW\
0DJHV RI WKLV UDQN ILQG LW GLIILFXOW WR SXUVXH LQWHOOHFWXDO PDWWHUV ZLWK
DQ\ GHJUHH RI VXFFHVV 7KH H[SHULHQFH SRLQW FRVW RI DGGLQJ DQRWKHU GRW
5HDOLW\
WR 5HDOLW\ RU DQ\ RWKHU 6SKHUH LV FXUUHQW UDWLQJ 9HU\ IHZ 6XPPRQ0\WKLFDO&UHDWXUHV
0DUDXGHUVDUHDEOHWR$VFHQGSDVWWKLVUDQN
6XEYHUW5HDOLW\ 7KH 6XPPRQHU LV QRZ DEOH WR 6XPPRQ P\WKLFDO FUHDWXUHV IURP WKH
8PEUD DQG IURP RWKHU UHDOPV 7KH 6XPPRQHU PD\ RQO\ NHHS WKHVH
FUHDWXUHVLQWKLVUHDOPIRUDQXPEHURIGD\VHTXDOWRKLVVXFFHVVHV
$GHSWV RI 5HDOLW\ PD\ DIIHFW VWDWLF UHDOLW\ LWVHOI ZLWKLQ WKHLU
LPPHGLDWH DUHD :LWKLQ WKLV UDQJH WKH 6SKHUH UDQNLQJV RI WKH 5HDOP 6XPPRQ8QGHDG
WKH PDJH LV LQ PD\ EH DOWHUHG DW ZKLP 2WKHU 0DJHV ILQG QRUPDO
6SKHULF PDJLFN HDVLHU RU KDUGHU GHSHQGLQJ RQ KRZ WKH 5HDOLW\ 0DJH
KDV FKDQJHG WKH FRQVHQVXDO SDUDGLJP 7KLV DSSOLHV HYHQ WR WKH PDJH $W WKH KLJKHVW UDQN D 6XPPRQHU PD\ DWWDLQ WKH GHDG DUH QRZ DW KLV
KHUVHOI 3DUDGR[ LV JHQHUDWHG EDVHG RQ WKH QHZ UDWLQJV +RZHYHU WKLV FRPPDQG 7KH 6XPPRQHU PD\ VXPPRQ VSLULWV IURP EH\RQG RU
RSSRUWXQLW\ WR UHGXFH WKH FKDRV VKH JHQHUDWHV LV XVXDOO\ VTXDQGHUHG FRPPDQG FRUSVHV WR DULVH DQG VHUYH KLP 7KH XQGHDG PD\ RQO\
EHFDXVHWKH$GHSWFKRRVHVWRYLRODWHWKHQHZSDUDGLJPDQ\ZD\ UHPDLQ LQ WKLV UHDOP IRU D QXPEHU RI GD\V HTXDO WR WKH 6XPPRQHUV
VXFFHVVHVEHIRUHWKH\UHWXUQWRWKHLURZQUHDOPV
6XEVXPH5HDOLW\ 7KH SULFH D 6XPPRQHU SD\V IRU 6XPPRQLQJ D P\WKLFDO RU XQGHDG
FUHDWXUH RQO\ UHYHDOV LWVHOI ZKHQ WKH 6XPPRQHU IDLOV LQ KLV
$ 0DVWHU RI 5HDOLW\ FDQ FUHDWH D SVHXGR5HDOP ZLWKLQ WKH 8PEUD ,Q VXPPRQLQJ7KLVSULFHWDNHVWKHIRUPRI3DUDGR[
QDWXUH LW UHVHPEOHV D &KLPHUD WKH UHDOLW\ ZLWKLQ WKLV UHDOP LV
GHWHUPLQHG E\ WKH GHUDQJHG PLQG RI WKH PDJH 8QOLNH D 'UHDP
5HDOP LW SHUVLVWV DV ORQJ DV WKH 0DVWHU GRHV $Q RXWVLGHU DWWHPSWLQJ Void
WR JDLQ DFFHVV ZLWKRXW WKH PDJH V SHUPLVVLRQ PXVW EUHDN WKURXJK D
EDUULHUVLPLODUWRWKH(DUWK V+RUL]RQ
,I VKH HQWHUV D UHDO 5HDOP WKH 0DVWHU PXVW VSHQG D SRLQW RI %\-DD#DROFRP
:LOOSRZHU HYHU\ KRXU 1RW GRLQJ VR FDXVHV WKH 5HDOP WR UHMHFW WKH
5HDOLW\ 0DJH OLNH D KXPDQ ERG\ UHIXVLQJ WR DFFHSW D WUDQVSODQWHG
,QWURGXFWLRQ
RUJDQ WKH 0DJH LV LPPHGLDWHO\ WRVVHG RXW LQWR WKH 'HHS 8PEUD 7KH
VDPH SURFHGXUH PXVW EH SHUIRUPHG E\ HQWLWLHV IURP RWKHU 5HDOPV 7KH VSKHUH 9RLG ZDV WKRXJKW WR EH WKH ODVW VSKHUH WR DZDNHQ 7KHUH V
ZKHQWKH\HQWHUKHUSVHXGR5HDOP RQHSUREOHPZLWKLW,WDOOLW V3UDFWLWLRQHUVDQGWKHYHU\NQRZOHGJHRI
LW V H[LVWHQFH KDV GLVDSSHDU IURP WKH HDUWK 7KH XQLYHUVH RIILFLDOO\
1RWHVRQ2UDFOHVRI5HDOLW\ IRUJRW DERXW WKH VSKHUH RI 9RLG , P VWLOO ZRUNLQJ RQ WKH WUDGLWRQ
+HUDOGV RI 2EOLYLDQ ZKLFK ZLOO GHWDLO WKH UHDVRQV RI LWV GLVDSSHDULQJ
7KH IHZ 0DUDXGHUV FRKHUHQW HQRXJK WR FRPPXQLFDWH WKHLU WKHRULHV DFW
RQ WKH VXEMHFW KROG YDU\LQJ YLHZV 6RPH EHOLHYH WKH 2UDFOHV DUH LQ IDFW 9RLG LV WKH SRZHU WR PDQLSXODWH HPSWLQHVVDQG DQG HYHQ FUHDWH LW ,W LV
SURWR&HOHVWLQHV 2WKHUV WKLQN WKHUH DUH QR 2UDFOHV ,QVWHDG 0DVWHUV QRW OLNH (QWURS\ ZKLFK LV GHFD\ DQG GHVWUXFWLRQ 9RLG FUHDWHV VSDFH
RI 5HDOLW\ VORZO\ LQWHJUDWH ZLWK WKH 5HDOPV WKH\ FUHDWH 7KHLU VHQVH RI DQG HUDVHV WKLQJV 9RLG LV WKH RSSRVLWH RI 0DWWHU 7KLV VSKHUH KDV D
LGHQWLW\ IDGHV DZD\ UHSODFHG E\ WKH SDUDGLJP RI WKHLU 5HDOP 7KH VWURQJHFRQHFWLRQWRWKH2EOLYLRQ
SURFFHVV FRPSOHWHV LWVHOI ZLWK WKH FUHDWLRQ RI DQ HQWLUHO\ QHZ 5HDOP , PXVW ZDUQ \RX WKRXJK ZKHQ \RX XVH KLJK OHYHOV RI WKLV VSKHUH \RX
ZLWKLQ WKH 8PEUD 7KH VXSSRUWHUV RI WKLV WKHRU\ VD\ *DLD KHUVHOI PD\ ZLOOVXFNSDUDGR[ H[SODLQGLVLQWHJUDWLQJVRPHRQHDVFRLQFLGHQWDO
RQFHKDYHEHHQDQ$ZDNHQHGEHLQJZKRFRPSOHWHGLQWHJUDWLRQ
6SDWLDO$ZDUHQHVV
Summoning $W WKLV OHYHO WKH PDJH EHFRPHV DZDUH RI WKH VSDFH DURXQG KLP ,W LV
WKH EHJLQQLQJ RI OHDUQLQJ WR PDQLSXODWH WKH HPSWLQHVV ,W OHWV WKH
PDJH VHQVH VSDFHV DQG JLYH KLP DQ LGHD RI KRZ ELJ D URRP LV DQG
%\6KDZQ$UEXFNOH VD[#PDLOFLW\FRP IRUWKH6XPPRQHUV ZKDW V LQ LW ,W FDQ DOVR GHWHFW PRYHPHQW LQ WKH DIIHFWHG DUHD 7KH
QXPEHU RI VXFFHVVHV GHWHUPLQHV KRZ VSHFLILF WKH UHDGLQJ RI WKH VSDFH
6HQVH&UHDWXUHV
ZDV HJ VXFFHVV <D WKDW WUHH V KROORZ VRPH ZKHUH LQ WKHUH
VXFFHVV 7KHUH LV D RQH E\ IRXU IRRW KROH LQ WKH WUHH FRQWDLQLQJ WZR
7KH 6XPPRQHU EHJLQV KLV WUDLQLQJ E\ OHDUQLQJ WR VHQVH FUHDWXUHV VPDOO PRYLQJ FUHDWXUHV DQG WZHQW\WKUHH VPDOOHU REMHFWV 7KH
DURXQGKLPFUHDWXUHVWKDWFDQEHVXPPRQHG HQWUDQFH ,W DOVR DOORZV D PDJH WR GHWHFW WKH PDQLSXODWLRQ RI
HPSWLQHVV
6XPPRQ6LPSOH&UHDWXUHV
6SDWLDO0DQLSXODWLRQ
6XPPRQLQJ EHJLQV ZLWK WKH VLPSOHVW RI FUHDWXUHV $ 6XPPRQHU FDQ
VXPPRQVZDUPVRILQVHFWVWRDQQR\DQGFRQIXVHKLVHQHPLHV 7KLVDOORZVDPDJHWRSOD\ZLWKVRPHRQH VSHUFHSWLRQ$PDJHFDQXVH
7KH 6XPPRQHU DOVR EHJLQV WRR XQGHUVWDQG WKH PRUH FRPSOH[ WKLV WR PDQLSXODWH WKH VL]H RI D VSDFH RU FDQ PDNH LW DSSHDU WKDW DQ
FUHDWXUHVDQGWKHPHDQZLWKZKLFKWRRVXPPRQWKHP REMHFW KDV VKUXQN 7KLV KDV QR HIIHFW RQ D REMHFW V PDVV ZHLJKW HWF ,W
LV RIWHQ XVHG WR LQFUHDVH GLVWDQFHV WKRXJK WKLV GRHVQ W UHDOO\ KDSSHQ
6XPPRQ&RPSOH[&UHDWXUHV WKHVXEFRQVFLRXVPLQGRIWKHYLFWRPVORZVWKHERG\GRZQ
9RLG
9RLGRI7KRXJKW(PRWLRQ
(PSW\0DWWHU0DJLFN
2EOLYLDWH/LIH6RXO
9RLG
Index
.QRZOHGJHDQG&RQYHUVDWLRQRIWKH+RO\*XDUGLDQ
Index $QJHO
5HWXUQWRWKH2QH
Mage Player............................................................................7
Avatar........................................................................................1 'HVFULSWLRQ
$XWKRU V1RWHV 6HQVH:HDNQHVV
,QWURGXFWLRQ 2XW'R
7KH$YDWDU6SKHUH $UURJDQFH
/HYHO6HQVH$YDWDU6HOI(PSRZHUPHQW 6WHDP5ROO
/HYHO$YDWDU(PSRZHUPHQW6SHDNZLWK$YDWDU 6WRU\WHOOHU V%DQH
/HYHO&UHDWH6PDOO$YDWDU)UDJPHQW$YDWDU Narrative..................................................................................7
/HYHO&UHDWH(SLSKDQ\ 'HVFULSWLRQ
/HYHO6KDSH3DUDGLJP 6HQVH3ORW
Chaos.......................................................................................2 6HQVH6WRU\)ORZ$IIHFW0LQRU3ORW
,QWURGXFWLRQ $IIHFW&RQWLQXLW\
'HVFULSWLRQ &UHDWH3ORW3RLQW$IIHFW0DMRU3ORW
&KDRV6SKHUH/HYHO'HVFULSWLRQV 1DUUDWLYH,PSHUDWLYLW\
2SHQ6\VWHPV 2UDFOHPDJLFNV
3HUFHLYH3UREDELOLW\ Paradigm..................................................................................8
'LVRUGHULQ&ORVHG6\VWHPV ,QWURGXFWLRQ
'LVRUGHULQ2SHQ6\VWHPV *DPHQRWH
2UJDQLVDWLRQDO'LVRUGHU 7DSHVWU\QRWH
5HYHUVH(QWURS\&KDRV7KHRU\ $QDO\]H3DUDGLJP'LVUXSWLRQ6HQVH
&KDRV6SKHUH6XPPDUL]HG &DOFLI\7DSHVWU\6SUHDG3DUDGLJP
The Comedy Sphere..............................................................3 $OWHU3URFHVV
'HVFULSWLRQ 0HPHWLF7UXWK6ODFNHQ7DSHVWU\
)RFL :HOG3DUDGLJP$OWHU,QQHU3DUDGLJPV
'HWHFW+XPRUV (UDGLFDWH3DUDGR[*OREDOL]H&RQVFLRXVQHVV
&RQWURO-RNH Prime Revised..........................................................................9
&UHDWH-RNH
3ULPHDQG4XLQWHVVHQFH
&RQWURO+XPRU
7KH$YDWDU3DFNDJH
&UHDWH+XPRU
5DZDQG)UHH4XLQWHVVHQFH
2UDFOHSRZHUV
/LYLQJ3DWWHUQV
Information..............................................................................5 7DVV
,QWURGXFWLRQ 6SKHUH(IIHFWV
'HWHFW/LQN 3HUFHLYH6WRUH4XLQWHVVHQFH
,QIRUPDWLRQ$QDO\VLV )XHO3DWWHUQ
0DQLSXODWH,QIRUPDWLRQ $IIHFW)UHH4XLQWHVVHQFH
0DQLSXODWH5HDOLW\ $IIHFW5DZ4XLQWHVVHQFH
'HILQH5HDOLW\ $IIHFW5DZ4XLQWHVVHQFH)ORZ
6XPPDU\RI6SKHUH(IIHFWV 6XPPDU\RI3ULPH(IIHFWV
Macrocosm.............................................................................6 $IWHUZRUG
(PEUDFHWKH$YDWDU Qlippothic Spheres...............................................................12
-RXUQH\WRWKHWHPSOHRIWKH*RGKHDG ,QWURGXFWLRQ
0LFURFRVP
,QGH[
&RUUHVSRQGHQFH
(QWURS\
)RUFHV
/LIH
0DWWHU
0LQG
3ULPH
6SLULW
7LPH
Reality.....................................................................................13
,QWURGXFWLRQ
6HQVH3DUDGR[
5HVLVW3DUDGR[
&RQWURO5HDOLW\
6XEYHUW5HDOLW\
6XEVXPH5HDOLW\
1RWHVRQ2UDFOHVRI5HDOLW\
Summoning...........................................................................14
6HQVH&UHDWXUHV
6XPPRQ6LPSOH&UHDWXUHV
6XPPRQ&RPSOH[&UHDWXUHV
6XPPRQ0\WKLFDO&UHDWXUHV
6XPPRQ8QGHDG
Void........................................................................................14
,QWURGXFWLRQ
6SDWLDO$ZDUHQHVV
6SDWLDO0DQLSXODWLRQ
9RLGRI7KRXJKW(PRWLRQ
(PSW\0DWWHU0DJLFN
2EOLYLDWH/LIH6RXO
,QGH[