The Red Convertible by Louise Erdrich Essay -- Papers Vietnam War Red

The Red Convertible by Louise Erdrich In the Red Convertible by Louise Erdrich, the main character Henry loses his hold on reality. The story takes place in North Dakota on an Indian Reservation where Henry lives with his brother Lyman. Henry and Lyman buy a Red Convertible that later in the story illustrates Henry’s lack of ability to stay sane. The brothers take a summer trip across the United States in the car. When they return, Henry is called to join the army, which turns out to be the transitional point in Henry and Lyman’s personal life. The Vietnam War changed Henry’s appearance, psyche, and his feelings about the Red Convertible. Before the Vietnam War, Henry’s appearance was cheerful and energetic. Henry enjoyed the time he had with Lyman, working on the Red Convertible, and traveling across the U.S. during the summer. They went from Little Knife River to Alaska without a worry in the world. Henry was talkative and friendly to even strangers. For example, when they pass a woman on the side of the road Henry says, â€Å"Hop on in†, indicating his friendliness and confidence (975). Henry’s appearance before war suggests that his life was complete. However, after war, Henry’s appearance was one of depression and dishevelment. When Henry returned Lyman said â€Å"[he] was very different, and I’ll say this: the change was no good (977).† Henry was 180 different than he was before the war. â€Å"He was quiet, so quiet†¦,† said Lyman, not talkative and cheerful like he was before (977). Henry and Lyman had went on a long trip in the Red Convertible before the war, but now Henry is â€Å"never comfortable sitting still anywhere (977).† They used to sit around the whole afternoon before, but now Henry is always ... ...y’s feelings soon changed. Henry one day comes home and says, â€Å"the red car looks like *censored*†(978). This one point in the story where Henry’s past actions before war were still there after war, completely surprise Lyman. As the Red Convertible progresses Henry’s appearance, mental state, and feelings about his once cherished car change because of the Vietnam War. The war had extreme effects on Henry and his brother throughout the story. 57,000 men and women died in Vietnam, and the soldiers that survived suffered the same post-war feelings that Henry did. Seeing death causes every person to change in some way, but when it is as gruesome and seen as repeatedly as some soldiers did, it changed their lives forever. Work Cited Erdrich, Louise. "The Red Convertible." The Story and Its Writer. 5th ed. Ed. Ann Charters. Boston: Bedford/St. Martin's, 1999.

Annualised Risk and Return

FM Assignment Q) Obtain daily, weekly and monthly closing prices of the stock given to you. Get adjusted closing prices. Daily and weekly prices should be for one financial year. Monthly prices should be for 2 years. E. g. FY 2011-2012 and FY 2010-11. Compute annualized return and risk. DATA| ANNUALIZED RETURN| ANNUALIZED RISK| Weekly| -16. 952| 36. 449| Daily| -16. 241| 39. 347| Monthly| -11. 21| 30. 209| Comparing this with a suitable peer company, Company| Annualized return| Annualized risk| JSP| -11. 2154| 30. 209| TATA STEEL| -4. 0020| 47. 202| OBSERVATIONAs can be seen from the observations above, the stock which gives the maximum return also comes with the maximum risk (TATA STEEL). So when it comes to selecting the stock, the following two cases can be considered: a) Maximum return :- If you are a person who values maximum return and is willing to take the risk for the same, go for TATA STEEL b) Minimum Risk :- If you are a risk averse person, go for JSP as the risk associate d with it is less compared to TATA STEEL In either case, whether TATA STEEL or JSP, the annualized return is negative. Q) Construct 10 different portfolios with another company (Correl < 0. 0) and compute return and risk for each portfolio. Identify the best portfolio. Construct the minimum variance portfolio. Company| Correl| JSP AND TATA STEEL| 0. 89| JSP AND CUMMINS| 0. 65| Initially we compared JSP and TATA STEEL. We found the Correl = 0. 89 which was greater than 0. 70. Next we compared JSP and Cummins and found the Correl to be 0. 65. So we will choose Cummins for making the portfolio. Portfolio| Return(%)| Return(%)| | | Percentage ofJSP| | Percentage of CUMMINS| | Portfolio Return| | JSP| CUMMINS| | | | | | | | 1| -11. 21| 14. 83| | | 10%| | 90%| | 12. 2233| 2| -11. 21| 14. 3| | | 20%| | 80%| | 9. 6196| 3| -11. 21| 14. 83| | | 30%| | 70%| | 7. 0159| 4| -11. 21| 14. 83| | | 40%| | 60%| | 4. 4122| 5| -11. 21| 14. 83| | | 45%| | 55%| | 3. 11035| 6| -11. 21| 14. 83| | | 50%| | 5 0%| | 1. 8085| 7| -11. 21| 14. 83| | | 60%| | 40%| | -0. 7952| 8| -11. 21| 14. 83| | | 70%| | 30%| | -3. 3989| 9| -11. 21| 14. 83| | | 80%| | 20%| | -6. 0026| 10| -11. 21| 14. 83| | | 90%| | 10%| | -8. 6063| Min Variance| -11. 21| 14. 83| | | 36%| | 64%| | 5. 45368| Portfolio| Risk(%)| Risk(%)| | Percentage ofJSP| | Percentage of CUMMINS| Covariance| Portfolio Risk| | JSP| CUMMINS| | | | | | | | 30. 21| 27. 36| | 10%| | 90%| 543. 6637905| 6. 99497971| 2| 30. 21| 27. 36| | 20%| | 80%| 543. 6637905| 9. 326639613| 3| 30. 21| 27. 36| | 30%| | 70%| 543. 6637905| 10. 685008| 4| 30. 21| 27. 36| | 40%| | 60%| 543. 6637905| 11. 42275403| 5| 30. 21| 27. 36| | 45%| | 55%| 543. 6637905| 11. 59986156| 6| 30. 21| 27. 36| | 50%| | 50%| 543. 6637905| 11. 65829952| 7| 30. 21| 27. 36| | 60%| | 40%| 543. 6637905| 11. 42275403| 8| 30. 21| 27. 36| | 70%| | 30%| 543. 6637905| 10. 685008| 9| 30. 21| 27. 36| | 80%| | 20%| 543. 6637905| 9. 326639613| 10| 30. 21| 27. 36| | 90%| | 10%| 543. 637905| 6. 9949797 1| Min Variance| 30. 21| 27. 36| | 36%| | 64%| 543. 6637905| 11. 19196754| From the above observation, for decision regarding the best portfolio the following cases can be considered:- a) Maximum Return :- If one wants to maximize the return, one should have a portfolio mix consisting of 10% JSP and 90% Cummins b) Minimize Risk :- A risk averse person should go for a portfolio mix consisting of 10% JSP and 90% Cummins c) Minimum Variance: – Ideally, as per the minimum variance rule, one should have 36% of JSP and 64% of Cummins as their portfolio mix.But in this case, it does not give the maximum return nor the least risk. Since maximum return as well as minimum risk is observed for a portfolio mix of 90% Cummins and 10% JSP, one should opt for that. Learning’s * For studying the valuation of assets or securities, knowledge about the concepts of Risks and Returns are essential * Variance or standard deviation is the measure of the risk of returns * Combination of multi ple securities are called portfolio’s * Portfolio risk is not a weighted average risk as the securities included in the portfolio are associated with each other.Hence, portfolio risk also accounts for the covariance between the returns of securities * Covariance is the product of standard deviation of individual securities and their correlation coefficient * The magnitude of the portfolio risk will depend on the correlation between the securities.The portfolio risk will be equal to the weighted risk of individual securities if the correlation coefficient is +1. 0. If correlation coefficient < 1, the portfolio risk will be less than the weighted average risk. When the correlation coefficient = -1. 0, the portfolio risk becomes 0. Submitted By Group C14 Vaibhav Bhasin 2012182 Vinay Harinarayanan 2012184

Essay on The Aging Population of the Last Century - 967 Words

In the beginning of last century, the world population was 1.65 billion while the current population reached 7 billion in 2012 (United Nations, Web). Among this 7 billion people, 810 million are older person. According to the United Nations, person of the age 60 is considered as older person, but many developed countries categorize person of the age 65 as older person. In The Study of Population published in 1959 by Philip Hauser and Otis Dudley Duncan, â€Å"aging population† was not appeared in it. At that time, the world did not pay much attention to the aging issue as the world population was still young. But it is a big issue to the world as the number of older person exceed the number of younger person now. The aging population has†¦show more content†¦The immigrants, besides filling up the emply spot causes by shortage of labor in the market, they bring the new life in Canadian trading sector. The birth rate keeps declining after the baby boom period reach the end of early 1960s and the prolonged life expectancy have caused the shortage of labor force in our market today. Many people who were borned during the baby boom period has reached the retiring age, this could create a gap in the labor market as there are not enough supply of labor force locally. This could slow dow the economy activity. Life expectancy in certain selected countries has an average rise of 9 years from 1965 to 2005, however, many western courtries set the retirement age to 65. However, when the birth rate between those years keep falling and this causes the steady supply of manpower to the market. Some suggest to raise the retirement age and â€Å"various countries such as France, Ireland, Greece, and the United Kingdom have recently raised the normal legal retirement age† (Bloom, Boersch-Supan, McGee, Seike). 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