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Tuesday, August 25, 2020
Nazism Essays - Adolf Hitler, Nazi Germany, The Holocaust In Germany
Nazism The National Socialist German Workers' Party nearly passed on one morning in 1919. It numbered just two or three dozen complainers' it had no association what's more, no political thoughts. Be that as it may, numerous among the working class appreciated the Nazis' solid resistance to the Social Democrats. What's more, the Nazis topics of enthusiasm and militarism drew exceptionally enthusiastic reactions from individuals who proved unable disregard Germany's prewar magnificent loftiness. In the national appointment of September 1930, the Nazis accumulated almost 6.5 million votes and turned out to be second just to the Social Democrats as the most famous gathering in Germany. In Northeim, where in 1928 Nazi up-and-comers had gotten 123 votes, they presently surveyed 1,742, a good 28 percent of the aggregate. The across the country achievement drew considerably quicker... in only three years, party participation would ascend from around 100,000 to just about a million, and the quantity of neighborhood offices would increment ten times. The new individuals included regular workers individuals, ranchers, and white collar class experts. They were both better instructed and more youthful at that point the Old Fighters, who hosted been the foundation of the gathering during its first decade. The Nazis currently introduced themselves as the gathering of the youthful, the solid, and the unadulterated, contrary to a foundation populated by the old, the feeble, and the lewd. Hitler was conceived in an unassuming community in Austria in 1889. As a little fellow, he demonstrated little aspiration. Subsequent to dropping out of secondary school, he moved to Vienna to contemplate craftsmanship, however he was denied the opportunity to join Vienna foundation of expressive arts. When WWI broke out, Hitler joined Kaiser Wilhelmer's military as a Corporal. He was not an individual critical. He was an animal of a Germany made by WWI, and his conduct was formed by that war and its results. He had risen up out of Austria with numerous preferences, counting an amazing partiality against Jews. Once more, he was a result of his occasions... for some Austrians and Germans were biased against the Jews. For Hitler's situation the preference had become deranged it was a predominant power in his private and political characters. Against Semitism was most certainly not an approach for Adolf Hitler- - it was religion. What's more, in the Germany of the 1920s, shocked by rout, and the desolates of the Versailles settlement, it was not difficult for a pioneer to persuade millions that one component of the country's general public was answerable for the vast majority of the shades of malice piled upon it. The truth of the matter is that Hitler's enemy of Semitism was self-exacted snag to his political achievement. The Jews, as different Germans, were stunned by the disclosure that the war had not been battled to a halt, as they were persuaded in November 1918, however that Germany had , actually, been crushed and was to be treated as a vanquished nation. Had Hitler not left on his approach of disestablishing the Jews as Germans, and later of eradicating them in Europe, he could have relied on their dependability. There is no motivation to think whatever else. On the night of November 8, 1923, Wyuke Vavaruab State Cinnussuiber Gustav Rutter von Kahr was giving a political discourse in Munich's rambling B?rgerbr?ukeller, somewhere in the range of 600 Nazis and traditional supporters encircled the brew corridor. Hitler burst into the structure and jumped onto a table, displaying a pistol and discharging a shot into the roof. ?The National Revolution,? he cried, ?has started!? By then, educated that battling had broken out in another piece of the city, Hitler hurried to that scene. His detainees were permitted to leave, and they discussed arranging resistances against the Nazi overthrow. Hitler was obviously enraged. Also, he was a long way from wrapped up. At about 11 o'clock on the morning of November 9- - the commemoration of the establishing of the German Republic in 1919- - 3,000 Hitler partisans again accumulated outside the B?rgerbr?ukeller. Right up 'til today, nobody realizes who discharged the principal shot. Be that as it may, a shot rang out, and it was trailed by fusillades from the two sides. Hermann G?ring fell injured in the thigh and the two legs. Hitler straightened himself against the asphalt; he was safe. General Ludenorff proceeded to walk indifferently toward the police line, which separated to allow him to pass through (he was later captured, attempted and vindicated). Behind him, 16 Nazis
Saturday, August 22, 2020
Research Paper on Cyber Bullying Essay Example
Research Paper on Cyber Bullying Essay Digital harassing is the procedure, during which the Internet is utilized to damage and misuse individuals. Digital tormenting is truly turning out to be increasingly more well known particularly among adolescents, youngsters, who utilize the Internet advances to hurt their companions or colleagues. In is commonly realized that almost every kid who learns at school and has a record in informal communities is a survivor of digital harassing and gets moment rubs which contain dangers and impolite substance. Frequently the messages are not perilous, on the grounds that it is for the most part a joke of youngsters who engage themselves in such a peculiar way, however numerous objectives of digital tormenting are exceptionally delicate and treat each message truly. Subsequently numerous young people, particularly the ones, who have low confidence are pushed, alarmed and even discouraged. On the off chance that one gets messages all the time, he may get issues with mystics. So as to shield youngsters from digital tormenting guardians and instructors should control the time spent before the PC and if the messages and messages are intense â⬠ought to approach the police for help. Very soon digital tormenting will be viewed as like a genuine wrongdoing so as to control the circumstance and shield individuals from the superfluous negative feelings in the web. We will compose a custom exposition test on Research Paper on Cyber Bullying explicitly for you for just $16.38 $13.9/page Request now We will compose a custom exposition test on Research Paper on Cyber Bullying explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Research Paper on Cyber Bullying explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Today digital harassing is the most loved diversion of youngsters, that is the reason the circumstance with this issue is straining. An ever increasing number of individuals experience the ill effects of digital tormenting and the administration, including the police put forth a valiant effort to stop this procedure or if nothing else diminish it. Understudies who study humanism and brain science frequently decide to expound on digital tormenting, in light of the fact that they have new thoughts planned to take care of the issue once for all. An understudy composing the exploration is relied upon to introduce the foundation of the issue, its circumstances and logical results perspectives, sorts of digital tormenting, what classes of individuals are the objectives and with what ways individuals are mishandled in the Internet. Additionally, every understudy should introduce shrewd arrangements of the difficult which will be new and powerful. Like each task, look into paper composing is a troublesome activity for a youngster. One needs to peruse a ton about the issue under research and improve his insight on the point. Moreover, it is prescribed to peruse free example look into papers on digital tormenting data in the web. Free papers are frequently finished by proficient authors who are the specialists in the themes they examine and expound on. Then again, regardless of what the nature of the example is, it will be a decent assistance for each understudy. Each free model research paper on digital harassing stories will show an understudy to compose a paper effectively. Alert! Free research paper tests and research proposition models on Cyber Bullying are 100% counterfeited!!! At EssayLib.com custom composing administration you can purchase a custom research paper on Cyber Bullying subjects. Your examination paper will be composed without any preparation. We employ top of the line Ph.D. also, Masterââ¬â¢s authors just to give understudies proficient research paper help at reasonable rates. Every client will get a non-copied paper with auspicious conveyance. Simply visit our site and take care of in the request structure with all paper subtleties: Make the most of our expert research paper composing administration!
Sunday, August 2, 2020
What pretty hair
What pretty hair⦠So, in my dorm, there seems to be this really close, almost familial relationship between three floorsConner 2, Conner 3, and Conner 5. I think of Conner 5 as a nice blonde older sister who just finished getting her masters degree but still lives nearby, so she bakes you fresh cookies every once in a while. Conner 2 is the adorable youngest daughter, outfitted in a blue dress, with ribbons tied around her pigtails and definitely the parents favorite child. Then Conner 3 is like is the red-headed middle boy, a little frustrated by being the only boy and by being the proverbial middle child and by having red hair, so he compensates by acting out a little, not really in a dangerous way or anything, but just by being somewhat more outgoing than a boy his age might typically be, and he thereby becomes quite popular at school. Being a deskworker is the single greatest job you can get at MIT; you get paid $9 an hour to play Snood, press the door unlock button, and manage the rental movie collection. Pretty much 80% of Burton-Conner deskworkers are from Conner 3, so you can usually find them hanging out behind desk in large groups. Tonight, they were coloring Levis hair behind desk. So, when I walked into the dorm, the first thing I saw was this: Now, really, this isnt that unusual for Conner 3 so normally Id just say hi and continue on my merry way, but the moment she saw me, Erica 07 (on the right) exclaimed, Sam! You should blog this! Well, I cant argue with that. Luckily, I had my camera phone ready. Kendall 07, Gemma 06 and Erica 07 were giving Levi 06 what I assume were red highlights. I didnt stick around long enough to get an after picture, but Levi did seem to be pretty excited about it. Another thing Conner 3 did this summer was make a homemade papier-mache pinata for Phil 05 on the night before he left for his graduate studies in chemistry at UIUC. Since they couldnt find a blindfold, they used their MIT engineering ingenuity and wrapped his head in toilet paper. Im sure they also did a lot of stuff thats more fun than on-the-job hair dying and pinata making, but I wasnt there. Until Ben sets up http://conner3.mitblogs.com, youll have to use your imagination. One time at MIT I fell asleep on a kitchen table and woke up to find my entire body wrapped in four rolls of toilet paper. In other news, my one month of vegetarianism ended in a bowl of suan la chow show at Mary Chungs this evening. It was kind of anticlimactic, actually, and I dont feel nauseous or anything either. Darn. Ill try to have a more detailed entry up tomorrow featuring the recipes I used to keep myself sane over the past month and lots of meat-free pictures. CULINARY NOTE: Mary Chungs makes an utterly delightful and inexpensive scallion pie appetizer. Its not on the menu except for at dim sum, but if you make a request, sometimes theyll serve it at dinnertime too, especially on the weekends. Since Joe mentioned Les Mis in his comment for my last entry, I thought Id take this rare opportunity to famewhore a little and mention that I myself was in my high school production of Les Miserables my senior year. I was Javert, the stern, authoritarian singing policeman. See, I can prove it: This is about 30 seconds before I commit suicide. I think the exact line is and the stars are black and cold, if memory serves me correctly. I never set foot in a research lab in high school, but I gave up to 40 hours a week to the musical every winter and 30 hours to the marching band every fall, and then I did regular chorus and band on top of that. Yeah, sure, I did quiz bowl and science olympiad too, but they were listed third and fourth on my application. MORAL OF THE ENTRY: Dont worry about doing a ton of science-oriented extracurricular activites just to get into MIT! Actually, not very many people Ive met here had research experience in high school. Just do what youre really passionate about and keep on truckin. Bet you didnt expect that conclusion to an entry about hair dye. Post Tagged #Burton-Conner House
Saturday, May 23, 2020
Blood Diamond - Film Essay - 924 Words
I agree with this view because key ideas are an important part of a film to make it more interesting for the audience. In the film Blood Diamond directed by Edward Zwick some of the key ideas are: What is valuable and important, the devastation of war and exploitation of people and resources. These key ideas in the film help viewers to understand the film better. The key idea of what is valuable is an important one in the film. The three main characters Maddy, Danny and Solomon all have something different that is valuable to them. Maddy is a journalist who travels around the world in search of a good story. She ends up in Sierra Leone to get a story about what is going on with the civil war over the diamonds but when she gets there sheâ⬠¦show more contentâ⬠¦Another example is the way the rebels force children to become soldiers. They steal the children away from their families and make them shoot people. They make them say the chant ââ¬Å"shed their bloodâ⬠which is forcing the children to kill. There is devastation when the rebels burst into the city and and start blowing it up and catching it on fire and shooting people in the street who have no defense against the rampage. The army try to fight back but they are outnumbered and have no chance against the Rebels. Everyone is scared of the rebels and the survivors go into hidi ng. A camera shot is used to show how scared the civilians are and how powerful the Rebels are is when Danny looks through a the hole in the fence and the camera shows what the scene is outside the fence through the hole from Dannyââ¬â¢s point of view. The scene on the other side of the fence is of some army guys getting shot at by Rebels. ââ¬Å"People back home wouldnââ¬â¢t buy rings if they knew it cost someone else their hands.â⬠Maddy This shows the devastation of war. My final key idea is the exploitation of people and resources. The film shows us that children were exploited to become soldiers by the rebels. There are scenes in the film showing the Rebels bursting into villages and snatching children from their families and taken to the rebel camps. In the text A Long Way Gone children are also expiated to be soldiers for the Rebels. Ishmael was found by the Rebels and taken to a camp and forced to be a soldierShow MoreRelatedA Character Analysis of the Film: Blood Diamond (2006) Essay2549 Words à |à 11 Pagescharacters in the film: Blood Diamond (2006) by director Edward Zwick. By understanding the moral and ethical dilemma of illegal ââ¬Å"conflict diamondsâ⬠being stolen and smuggled by Danny Archer (Leonardo DiCaprio) there is an unethical and immoral business dilemma he must deal with through other characters he encounters during the Sierra Leone Civil War of 1999. Another character, Solomon Vandy (Djimon Hounsou), is a native of th e region that has been captured and forced into slavery as a diamond miner/laborerRead MoreAnalysis Of The Movie Child Soldiers 934 Words à |à 4 PagesAvery French Professor Melissa Yedinak English 101 9 September 2015 Essay 2: ââ¬Å"Child Soldiersâ⬠The film Blood Diamond, portrays the life of a child soldier accurately as all someone needs to do is discover Ishmeal Beahââ¬â¢s autobiographical composition ââ¬Å"The Making and Unmaking of a Child Soldierâ⬠to identify that the events are based on a firsthand account of the operation. From 1991ââ¬â2002, the Revolutionary United Front (RUF) carried out an insurgence that annihilated the small West AfricanRead MoreEssay on Ethical Movie Review: Blood Diamond3530 Words à |à 15 PagesEthical movie review Title: Blood Diamond Year: 2006 Studio: Virtual Studios Producer: Warner Bros. Director: Edward Zwick Country: United States of America 0.1 Introduction The following essay will examine ethical issues addressed through the movie ââ¬Å"Blood Diamondâ⬠. The two main issues identified and discussed are; child soldiers and conflict diamonds. My main lens of ethical theories will consist of the four western theories, this includes, egoism, utilitarianism, ethics of duties andRead More A Comparison of the Power of Will in Heart of Darkness and Apocalypse Now1893 Words à |à 8 PagesThe Power of Will in Heart of Darkness and Apocalypse Now à à à à à The story of Heart of Darkness was adapted to film after many failed attempts. (Hearts of Darkness, Coppala E.). Finally, director Francis Coppala collaborated with his friend John Milius on writing a screen play for Conrads masterpiece. The two came up with Apocalypse Now, utilizing a more modern setting than the original story which was based in imperialistic Europe. The modern setting was that of the Vietnam war. ApocalypseRead MoreBond Movies: Tracing the Cinematic Changes from Doctor No to Quantum of Solace2374 Words à |à 10 PagesBond Movies: Tracing the cinematic changes from Doctor No to Quantum of Solace Bond, James Bond. was voted as the #22 movie quote by the American Film Institute and as #51 of ââ¬Å"The 100 Greatest Movie Linesâ⬠by Premiere. And he is the only literary character who is known to everyone, shallow or not, his popularity is known to each one. Before we go any further lets divide the Bond Movies in four significant patterns. First wave of Bond movies shall belong to time period of Sean Connery. The secondRead MoreIs Cancer A Human Body?3657 Words à |à 15 Pagescame from movies of the past. One is the Fantastic Voyage. Jonas(2014) in his article titled ââ¬Å"Nanobots Can Now Enter Human Cell With The Help Of Sound Waves, Offering New Hope For Guided Missile Attacks On Cancerâ⬠states that referring to a 1960ââ¬â¢s film, Fantastic Voyage, where doctors are miniaturized and shot into a patientââ¬â¢s bloodstream to save his life, Mollouk said, one dream application of ours is Fantastic Voyage-style medicine, where nanomotors would cruise around inside the body, communicatingRead MoreEssay about Clear Liquid Thought: The Photographs of Jim Dine4339 Words à |à 18 Pagesavant analyse, Photographie et inconscient (31-35). In this study, Soulage primarily deals with the beginnings of photography and with its paradoxical uses in psychiatry (the photographs of Duchenne de Boulogne, in France, and those of Hugh Welch Diamond, in England, are dealt with in the context of their institutional destiny and their consequent aesthetic status). Unlike documentary, informative, or testimonial photography, art photography -- which has enjoyed much less attention in the academiaRead MoreEssay on Like water for chocolate6961 Words à |à 28 PagesLike Water for Chocolate ~Laura Esquivel~ Ms. Diamond Name_________________________________ Magical Realism At about the middle of the 19th century (when scientific objectivity became ââ¬Å"vogueâ⬠), the influence of many social forces caused aesthetic taste to change from romantic idealism to realism. Many writers felt that romanticsââ¬âwith their focus on the spiritual, the abstract, and the idealââ¬âwere being dishonest about life as it really was. The realists felt they had an ethical responsibilityRead MoreMasculinity in the Philippines12625 Words à |à 51 Pagesofficers of good character, made ideal colonial forces. PHILIPPINE STUDIES From the outset, the American commander in the islands, General Elwell S. Otis, felt, like most Americans of his day, that elite Filipinos were unfit for command. In an essay for a U.S. military journal in 1900, one American officer dismissed the typical officer in General Emilio Aguinaldos revolutionary army as a half-breed, a small dealer, a hanger-on of the Spaniards. Thus, when the US Army formed its colonial forces
Monday, May 11, 2020
Health Awareness Of Autism By Deron Williams - 1486 Words
Within the world we live in today many different disorders and disabilities are up rising more and more. Out of many of these disorders and disabilities, communication disorder is one area that is not always understood but is becoming more visible. Communication disorder can be an impairment with speech, language and/or hearing ability. This impairment affects the way humans receive, send, process and comprehend verbal, nonverbal and graphic symbols from other humans or other sources. Particularly, a communication disorder that is becoming more aware in society is autism. Just like any disorder or disability, if one person has autism several other people, including that person, are influenced and affected by the disorder. These peopleâ⬠¦show more contentâ⬠¦Behavioral, social interaction and communication difficulties are all things that lead to the diagnosis of autism. Characteristics of behavioral difficulties include unusually focused interests, repetitive body movements, insistence on sticking to routines, unusual sensory interest, sensory sensitivities and intellectual impairment or learning difficulties. Someone with autism also shows social interaction difficulties. These manifest with limited use and understanding of non-verbal communication, difficulties forming friendships, lack of seeking to share enjoyment, interests and activities with others and difficulties with social and emotional responsiveness. Lastly, people with autism have difficulty communication in one form or another. This impairment delays language developments, difficulties initiating and sustaining conversations as well as stereotypes and repetitive use of language. After Deron Williams learned exactly what autism is and sees how his son is affected by autism he states, ââ¬Å"It was tough because you start thinking. Is he going to have a normal life? Is he ever going to get married? Is he going to be able to play sports? It was sad, tough on us for a while. It s been
Wednesday, May 6, 2020
Discuss issues of reliability and validity associated Free Essays
Discuss issues of reliability and validity associated with the classification and diagnosis of phobic disorders. ( 8+16) A phobia Is an irrational fear which Interferes with daily life. For a phobia to be diagnosed It must meet the criterion set by the diagnostic and statistical manual of mental disorders. We will write a custom essay sample on Discuss issues of reliability and validity associated or any similar topic only for you Order Now Reliability and validity are two Important factors when considering classification of mental disorders; they must be present for an accurate classification to be made. Rellablllty and valldlty are linked because a diagnosis that Is not reliable Is not valid. Rellablllty refers to the consistency, such as questionnaires or scales to assess how fearful a person Is about something. Reliability of questionnaires or scales can be measured In terms of whether the test items are consistent, which Is called test-retest reliability. Another way of assessing reliability is whether two independent assessors give similar scores, which is called interrater reliability. Test re-test refers to how consistent results are when the specific interview/questionnaire is repeated. Brown et al (2001) conducted study which involved interviewing 1400 patients twice, the second interview occurred within 2 weeks of the first one. The interviews were based on criteria for various disorders in DSM -IV. Brown found that reliability in inter-rater agreement was excellent for specific phobia, social phobia and panic disorder wit agoraphobia. Reliability could have been higher for the various phobias than for other mental disorders because all phobias are associated with clear behavioural symptoms (avoidance of feared stimulus) which makes them easy to diagnose. This suggests hat diagnosis of phobic disorders according to the DSM is reliable however largely because phobic disorders are easy to diagnose . Brown et al also examined factors associated with disagreement between 2 interviewers. He found that inter-rater unreliability was caused by interviewers disagreeing whether the fear was causing sufficient distress/interference to a personââ¬â¢s life to warrant a phobia diagnosis. It was also caused by patientââ¬â¢s reports of symptoms changing between interviews which could have been genuine. Another cause of difference between the two interviewers as that they made errors, as the same symptoms were presented to interviewers however different diagnosis given however this could be because they missed Important information. Skyre et al (1991) also found high Inter-rater reliability, 3 cllnlclans assessed 54 patients using SCID-I. He found +72 Inter-rater agreement which shows that phobia diagnosis Is reliable. Diagnosis of phobic disorders ld also reliable as Hiller et al (1990) found satisfactory ââ¬â excellent diagnostic agreement In a test- retest study using MDC. Valldlty Is the extent to which a classification system easures what It claims to measure. We can assess the valldlty associated with phobic disorders by looking at content valldlty. Content validity means how much the diagnostic system addresses all of the symptoms In a given disorder. Seml structured interviews have high content validity because they were made to the classification system is vaild is to look at criterion validity. This looks into if individual receiving a diagnosis e. g. social phobia are any different to the people who have not been given the diagnosis in predictable way . How to cite Discuss issues of reliability and validity associated, Papers
Thursday, April 30, 2020
Investment Analysis Portfolio Management Essay Example
Investment Analysis Portfolio Management Paper August 08, 2010 Mr. Saif Rahman Faculty School of Business North South University Dhaka Subject: Letter of transmittal Dear Mr. Saif Rahman Here is the term paper on investment analysis portfolio management from 31st may to 1st august. Now you will see that we have collected stock information and calculate relative things to evaluate our performance. We think that if anybody want to invest in the DSE , this term paper can help them to make decision whether or not they will invest or not and what strategy should they follow. Finally, we are also very much satisfied to have the scope of doing this investment which gave us the practical flavor like working in a real workplace. We really hope that you will enjoy reading our term paper as much as we had enjoyed doing it. Thank you very much, for giving us such an opportunity to complete such an interesting term paper. Sincerely yours Mohammad Saifujjaman073 442 030_____________________ M. Ashikur Rahman081 076 530_____________________ Wael Ahmed081 256 030_____________________ M. Shafayet Hassan081 305 030_____________________ Acknowledgement We would like to thank all the authors of the journals, books and articles that are secondary sources from where we have collected necessary information regarding our term paper. Also we would like to thank the fellow classmates who helped us when we faced any problem. Our report was the endeavor of a great experience on both the practical and the theoretical field of portfolio investment simulation. The completion of the project was much owing to our instructor Saif Rahman. It is through his viewpoint that a prolonged part of the report could be completed. We will write a custom essay sample on Investment Analysis Portfolio Management specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Investment Analysis Portfolio Management specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Investment Analysis Portfolio Management specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We give our utmost gratitude and respect to our honorable instructor for giving us his prolonged time behind teaching us every step in developing this report. Without his support and advices this report could not have been completed so successfully, timely and completed with accuracy as we predict. All of our team members have put their greatest efforts to the finishing of the project with such devotion, target, energy and their participation that is possible. This report was thus a combined effort and therefore all the credit of our accomplishment spreads to all the helping hand of the participants. Introduction This paper constitutes the maintenance of an efficient portfolio of stocks, dedicated to investors who are willing to invest in the Dhaka Stock Exchange (DSE). The duration of the portfolio was for two months starting from 31st May 2010 till 1st August 2010. The initial investment consisted of 10, 00,000 BDT with a preset condition of maximum limit of 1, 00,000 BDT on a particular stock. That is, a maximum of 10% of the total investment could be allocated on any stock to ensure proper diversification of the portfolio, presenting a risk free investment for the investors. After the initial investment which was the first phase, there were another two phase. At the first phase, statistical analysis of the stocks in the portfolio, for instance correlation and covariance, presented some investment drawbacks which resulted in the investment on some new stocks by generating cash from the sale of some existing stocks for the initial portfolio. Although the stocks generated a return of 4. 52% but the positive correlation among the stocks were alarming indicators of improper diversification. The new portfolio continued through the second phase till the end. The second portfolio was continued to third portfolio without any change because of the current market situation and different trading strategies insist us to do this. In the second phase other than some few stocks like BATBC and DBH all other stocks generated very little capital gain and even some had negative return. Therefore it was necessary for the stocks to reach its full potential of and by the end of the third phase the portfolio generated 16. 2% return before tax against an expected return of 6%. This shows that in amidst all the fluctuations of economic variables and market situations the portfolio was well managed. Objectives In this term paper our objective is: o The primary objective of this project is to evaluate our performance as investment managers o To impose theoretical knowledge into practical life o To become acquainted to corporate activities o How To select stocks to buy o How to make a portfoli o with minimum risk by diversification. o Using strategy of trading To improve skills in analyzing investment opportunities as well as become experienced in making term paper o To develop our skill in using analytical tools and techniques for analyzing portfolio management problem Methodology We tried our level best to follow the instruction or this term paper. Collecting primary data was really difficult and troublesome; we used all secondary data for this topic. For this project, we first planned and decided where to go and how to go. I prepared a schedule accordingly. Collecting secondary data was not that easy also. At first we went to Dhaka Stock exchange (DSE), and collect the trade information from the library of DSE. We also collect the current price of share at the end of the every trading day. For calculating the rate of return, utility, beta, co-relation among stocks we use different formula and Microsoft office excel. By applying subjective judgment some data are assumed that are not given in the case. Limitations ? A lot of information regarding industry, economy, and company are required. ? We have put our optimum effort to formulize the available information ? At last, the time was not enough for this analysis. If I got more time for that I could have prepare a better ratio analysis. ? Many analytical techniques and tools are needed to apply to get appropriate result but due to our lack of practical knowledge our analysis may not be a highly efficient one. Asset Allocation Asset allocation is the strategy used in choosing between the various kinds of possible investments, in other words, the strategy used in choosing in what asset classes such as stocks and bonds one wants to invest. As, in this term paper we allocate our asset only in the stocks. We used the bottom up approach to select the stocks. We also measure the P/E ratio to choose the stocks. We also take in to consideration return on the stocks. In the first portfolio we didnââ¬â¢t do deep research. To ensure the diversification we allocate our first 10, 00,000 BDT in 10 different industry and 13 different company. You will get the details allocation from the appendix. In the second portfolio, by calculating correlation we add another industry that means 11 industries and maintain 13 companies to make the portfolio more diversified. For the market position we carry on the same portfolio in the 3rd phase. All of this invested portfolios details is available in the appendix. Macroeconomic Industry Scene Presently, Bangladesh is witnessing a sustained growth rate in the region with increasing foreign investments in the country and a shift from agricultural based economy to industry based economy. The macroeconomic policies being undertaken and the political stability has been a driving force in this recent phenomenon. Thatââ¬â¢s why so many companies are enlisting their self in DSE. For investment we measure some macro economic factors like interest rate, demand, supply, tax rate, inflation etc. which were pretty much in favor for investment. I. Inflation: Inquiry has proved that there is a negative relation between inflation and stock prices. We assume similarly: an increase in the rate of inflation is likely to lead to economic tightening policies, which in turn increases the nominal risk-free rate and hence raises the discount rate in the valuation model. The effect of a higher discount rate would not necessarily be neutralized by an increase in cash flows resulting from inflation. II. Money Supply: Bangladeshââ¬â¢s Economy the relationship between money supply and stock returns can be simply hypothesized that the growth rate of money supply would affect the aggregate economy and hence the expected stock returns. III. Interest Rate: Interest rates can influence the level of corporate profits which in turn influence the price that investors are willing to pay for the stock through expectations of higher future dividends payment. Most companies in DSE finance their capital equipments and inventories through borrowings. A reduction in interest rates reduces the costs of borrowing and thus serves as an incentive for expansion. This will have a positive effect on future expected returns for the firm. IV. Exchange Rate: We theorize a positive relation between the exchange rate and stock prices. A depreciation of the Bangladesh TAKA (BDT) will lead to an increase in demand for Bangladeshââ¬â¢s exports and thereby increasing cash flows to the country, assuming that the demand for exports is sufficiently elastic. Alternatively, if the BDT is expected to appreciate, the market will attract investments. Industry Scene: We invested eleven different industries in total in our three phases. Those industries were Fuel Power, Cement, Bank, Financial Institution, and Food allied, Tannery Industries, Textile, Insurance, Engineering, and Pharmaceuticals Chemicals. The reason behind investing in this type of industries is on that time the for this industries companies shares demand was relatively low than others as a result price was low, and this industries are not dependent each otherââ¬â¢s market position though which helps us to make a more diversified portfolio. Trading Strategies The main tool used in the trading of stocks in all the phases is the Price-earnings ratio. Stocks that had a P/E ratio of less
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