Friday, March 16, 2018

EVS Call to Germany

Castle Altdöbern
At the place  „Schlosspark Altdöbern“, in the south of the German state Brandenburg, the organization “international Jugendgemeinschaftsdienste” carries on the EVS together with a partner organization “Brandenburgische Schlösser gGmbH “. The volunteering service concentrates on cultural heritage preservation, especially on historical gardens. The program that runs the project is called the "Internationale Jugendbauhütte Gartendenkmalpflege". The park of Altdöbern belongs to the municipality, who supports the project and hosts the European Volunteers friendly and always helpfully. The four EVS volunteers are living and working together with four other young volunteers from Germany. The volunteers commit to restore and take care of an historical Park. Main matter of the project is that young people from several countries work and live together, take actively part to the life in the village and commit for the development of this rural area.

Accommodation, food and transport arrangements:

All the volunteers live together in a house in Altöbern and organize their everyday life autonomously. Every volunteer get a furnished room and shares kitchen and bathroom. Living and working together in an international group bring them to face the question of diversity in terms of origins, nations, religions and cultures. The young people can develop the following competences: communicating, conflict management, working in team, autonomy, organization and empathy. Of course, language skills and intercultural competences can be deepened.

Training during the project:

Tuesday, March 6, 2018

While the world is focused on testing ballistic missiles in North Korea

© AP Photo / Anjum Naveed
Shaheen-III Pakistani nuclear caring rocket   
While the world is focused on testing ballistic missiles in North Korea, another potential conflict raises more and more fears. In July, 11 people were killed and 18 injured in the shootings between Indian and Pakistani soldiers in Jammu and Kashmir, and four thousand people were forced to leave their homes.

On Sunday, the former Minister of Information and Broadcasting of India, Wenckai Naidu, whom the National Democratic Alliance nominates as vice president of the country, said that Pakistan must remember the end of the clash in 1971, when Pakistan suffered a defeat during the third Indo-Pakistani war, and Bangladesh gained independence.
Former Indian defense minister and oppositionist Mulayam Singh Yadav said last week that China is using Pakistan to attack the country and is preparing Pakistani nuclear warheads to attack India.
Warheads and Doctrines
In the spring of this year, The New York Times reported that India is thinking about changes in the interpretation of its nuclear doctrine that prohibits the use of nuclear weapons first. Previously, India prescribed only a massive retaliatory strike, which implied strikes against enemy cities.

Purpose of Life

Jacque Fresco (March 13, 1916 – May 18, 2017) was an American futurist and self-described social engineer. Self-taught, he worked in a variety of positions related to industrial design.
Fresco wrote and lectured his views on sustainable cities, energy efficiency, natural resource management, cybernetic technology, automation, and the role of science in society. He directed the Venus Project and advocated global implementation of a socioeconomic system which he referred to as a "resource-based economy".

Sunday, January 14, 2018

Portfolio optimization Markowitz Method

To demonstrate  Markowitz Method we will assign some tasks and answer them step by step, morover you can find an excel file with formulas and all calculations at the bottom of this article.

Collect daily data for your stocks from Free Data tab.

Assignment 1. (5 points)

Collect data for last four years (ending in 2013). Identify risk free rate.
Calculate monthly returns for each of the stocks in the portfolio.
Calculate the mean monthly return for each stock.

ROE and Residual income analysis for a bank (Old line Bancshares, Inc.)

Bank Name: Old line Bancshares, Inc.

Question 1.

Table 1. Necessary information1 to calculate decomposed ROE for Old line Bancshares bank

for last 3 years, as of and for the Year Ended December 31.




Average assets




Average stockholders’




Net income







Sales are taken as a sum of Interest income and other income, that is to say, total income *.

Other needed information is taken from Income statement and balance sheet of the bank and

the source is represented by a link on the bottom of the page.

Table 2. Components of decomposed ROE
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