text:
VX15 Immuno-Oncology
VX15 Neurology
VX15 Autoimmune
NKT Vaccine
ActivMAb®
Vaccinia Display
Target Identification
Pepinemab
Research & Development Programs
Physicians & Researchers
ActivMAb ®
Vaccinia
Antibody Discovery
Antigen Virus
Protein Optimization
Antigen Discovery
Antibody Optimization
ActivMAb ® Contact
Science in the service of medicine
Pepinemab Neurology
Pepinemab Immuno-Oncology
Vaccinex Announces First Patient Dosed with Anti-CCR8 Antibody Licensed to Surface Oncology
Surface Oncology initiates clinical trial with antibody discovered using Vaccinex's ActivMAb® Antibody Discovery Platform
ROCHESTER, N.Y., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Vaccinex, Inc. (Nasdaq: VCNX), a clinical-stage biotechnology company pioneering a differentiated approach to treating cancer and neurodegenerative disease through the inhibition of SEMA4D, today announced that its licensee, Surface Oncology (NASDAQ: SURF, "Surface") dosed the first patient in its Phase 1/2 clinical study investigating SRF114, an antibody discovered using Vaccinex's ActivMAb® antibody discovery platform and licensed to Surface Oncology in 2021.
"We are very pleased that Surface has progressed SRF114 into a Phase 1/2 clinical study. Advancing this promising drug candidate into the clinic provides positive validation of our proprietary ActivMAb® antibody discovery platform," said Ernest Smith, PhD, Chief Scientific Officer of Vaccinex. "ActivMAb® is particularly focused on antibody targets like CCR8, a complex GPCR protein. We are gratified that we were able to provide Surface Oncology with a potential best-in-class anti-CCR8 antibody and look forward to continued progress for the SRF114 program."
SRF114 is a potential best-in-class, fully human monoclonal antibody targeting, CCR8. SRF114 was designed to selectively deplete immuno-suppressive tumor T regulatory cells (Tregs) while sparing peripheral Tregs. The highly specific binding properties of the antibody are believed to position SRF114 as a potential best-in-class anti-CCR8 antibody as a monotherapy for the treatment of advanced solid tumors. Under the terms of the antibody discovery agreement, Vaccinex has the potential to receive progress-related clinical milestone payments and royalties on sales.
About ActivMAb®
Vaccinex has developed a proprietary mammalian cell-based antibody discovery platform with unique multi-pass membrane target capabilities. The ActivMAb technology now has four main applications: complex membrane antigen presentation, antibody or antigen discovery, and protein optimization. Vaccinex has an antibody license agreement with Surface Oncology (Cambridge, MA) and the company is engaged in multiple other biopharmaceutical collaborations employing this enabling technology for drug discovery.
About Vaccinex, Inc.
Vaccinex, Inc. is pioneering a differentiated approach to treating cancer and slowly progressive neurodegenerative diseases through the inhibition of semaphorin 4D (SEMA4D). The Company's lead drug candidate, pepinemab, blocks SEMA4D, a potent biological effector that it believes prevents immune infiltration into tumors and triggers inflammation in chronic diseases of the brain. Pepinemab is being evaluated in combination with KEYTRUDA® in a Phase 1b/2 study in recurrent or metastatic head and neck cancer (R/M HNSCC) and as a monotherapy in a Phase 1/2a study in Alzheimer's Disease, with ongoing exploration of potential Phase 3 development in Huntington's disease. The Company has also developed a proprietary drug discovery platform, ActivMAb®, that it is leveraging thru strategic collaborations, particularly by applying its unique capability to select high value antibodies against important multi-pass membrane receptors.
To the extent that statements contained in this presentation are not descriptions of historical facts regarding Vaccinex, Inc. ("Vaccinex," "we," "us," or "our"), they are forward-looking statements reflecting management's current beliefs and expectations. Such statements include, but are not limited to, statements about the Company's plans, expectations and objectives with respect to the results and timing of clinical trials of antibodies derived from ActivMAb or pepinemab in various indications, the use and potential benefits of pepinemab in Head and Neck cancer, Huntington's and Alzheimer's disease and other indications, and other statements identified by words such as "may," "will," "appears," "expect," "planned," "anticipate," "estimate," "intend," "hypothesis," "potential," "advance," and similar expressions or their negatives (as well as other words and expressions referencing future events, conditions, or circumstances). Forward-looking statements involve substantial risks and uncertainties that could cause the outcome of the Company's research and pre-clinical development programs, clinical development programs, future results, performance, or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, uncertainties inherent in the execution, cost and completion of preclinical and clinical trials, uncertainties related to regulatory approval, the risks related to the Company's dependence on its lead product candidate pepinemab, the ability to leverage its ActivMAb® platform, the impact of the COVID-19 pandemic, and other matters that could affect the Company's development plans or the commercial potential of its product candidates. Except as required by law, the Company assumes no obligation to update these forward-looking statements. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, see the section titled "Risk Factors" in the Company's periodic reports filed with the Securities and Exchange Commission ("SEC") and the other risks and uncertainties described in the Company's most recent year end Annual Report on Form 10-K and subsequent filings with the SEC.
John Mullaly
jmullaly@lifesciadvisors.com
Source: Vaccinex, Inc.
Vaccinex Inc.
1895 Mount Hope Avenue, Rochester, NY 14620
info@vaccinex.com
© 2023 Vaccinex. All rights reserved
Site by Minerva


What would you expect when a national award winning director brings back a cast known for their acting chops and a superstar who is the toast of the town coming together for a franchise that had a reputation for being one of a kind?
A threadbare plot that fails to intrigue or even interest the slightest, Saheb Biwi Aur Gangster 3 is a snoozefest at its best and a tragic film at its worst. To its credit the movie gets the concept of sequel right and starts right where the Saheb Biwi Aur Gangster Returns ended. Aditya Pratap Singh is in jail, Madhavi Devi has become a shrewd politician taking his political party forward and Ranjana finds herself at the bottom of the bottle.
On the other hand there is Sanjay Dutt with a glimpse of a back story which acutely fails to give us an insight into why he is a royal from Rajasthan running a shady club in London where people play Russian Roulette with him and die and he behaves like a mafia don.
There is also a Chitrangada Singh who is modern day courtesan of sorts whose character is so unimportant to the plot that your heart goes out to the actress who is capable of so much more.
In fact the worst part about the film is the fact that it brings together a stellar cast and gives them a shoddily written character to play with. Also, we love Sanjay Dutt a lot, but someone please tell him that he is a little too late for cooing Aye Huzur while dancing in the sand dunes of Rajasthan with Chitrangada because it ain't pretty anymore.
Coming to the director Tigmangshu Dhulia, it is difficult to believe that this is the same director who made films like Haasil and Paan Singh Tomar. Here Dhulia is stretching a story unnecessarily that had already run its course in the second installment. There was hardly any need to make this film, to begin with. But even keeping that aside, it is hard to watch such a stellar cast almost hamming their way in the entire film.
The only good thing about the film is perhaps a superbly dependable Mahie Gill and Jimmy Shergill and it is their scenes that is the only watchable aspect of the film. In fact Mahie Gill, who has the lion's share of the screen time is the only person that shines really bright in this film which is crashing and burning real bad. One of the worst things about the film is the fact that is massively dated. It is a film where people do not talk but delivers dialogue every five minutes and thundering ones at that which sounds like taken from an 80s Bollywood potboiler.
In conclusion, this is a film that you can surely miss and we would love it even more if the director gave missed making in the first place.


Export Import Data Aarti Trading, is a premier company that exports and imports goods from countries including Netherlands, and host of other countries.
Aarti Trading, is a premier company that exports and imports goods from countries including Netherlands, and host of other countries.
Aarti Trading is a leading exporter of 100% COTTON KNITTED T-SHIRTS, 100% COTTON KNITTED T-SHIRTS, 100% COTTON KNITTED T-SHIRTS, 100% COTTON KNITTED T-SHIRTS, having HS Codes 61051020. The company has its head office at .
The company primarily exports products to Netherlands and ships its consignments mainly to Willemstad.


text:
Q: How to parse Java properties which contains variables? I'm loading a file of Java properties which looks like:
transfer_detail = Transfer {0} from {1} to {2} on {3}

After parsing that property I should have String that looks like:
Transfer 200.30 from Debit Account to Credit Account on 2011/01/26

I implemented my self a parser which looks like:
// simplified for brevity
private static String translate(String string, String... replacements){
    String result = string;
    for(int i = 0; i < replacements.length; i++){
        result = result.replace("{"+i+"}", replacements[i]);
    }
    return result;
}
// and I use it this way:
String result = translate("transaction", "200.30", "Debit Account", etc...);

What I've been wondering is if there's something to do so in the J2SE API. Even for simple things like this I don't like to reinvent the wheel. Do you know any other easier or cleaner way to achieve this?

A: You want to use the MessageFormat class for filling in the placeholders with actual values.

A: Don't do that... it's yucky. :)
Use MessageFormat instead.
MessageFormat form = new MessageFormat("Transfer {0} from {1} to {2} on {3}");

System.out.println(form.format(new String[] {
        "200.30",
        "Debit Account",
        "Credit Account",
        "2011/01/26"
}));

A: API MessageFormat doesn't work with messages containing quotes.
You have to manually do the job by using regex for example.

redpajama_set_name: RedPajamaStackExchange


Teacher nameplates for the classroom are an easy way to stay organized in style.
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Add a colorful touch to notes, lists, labels, and more with notepads for students and teachers.
The School Tools shaped notepad features a friendly highlighter character with the message "A Note From." Filled with 50 sheets of lined paper, this notepad measures 5.75" x 6.25"—the perfect size for notes and labels.
Notepads are an essential for every classroom, and Carson-Dellosa's stationery selection is ideal for all sorts of projects. With a variety of colors, themes, shapes, and designs, our acid-free and lignin-free notepads provide a fun way to write notes, play games, and create to-do lists. Make sure to view Carson-Dellosa's other School Tools products to create a fun classroom theme.
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Mini bulletin board sets are perfect for adding a visual component to small areas such as doors, learning centers, and windows. Designed for versatility, these sets are perfect to use for creating decorative, motivational, or classroom management displays. Make sure to view Carson-Dellosa's other School Tools products to create a colorful classroom theme.


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text:
The Porn Crisis
DR. GAIL DINES
"The world's leading anti-pornography scholar and activist" — The Guardian
READ ABOUT DR. DINES
renowned anti-pornography scholar, feminist activist, and speaker
DR. DINES' WRITING
AT THE FOREFRONT OF FEMINIST ANTI-PORNOGRAPHY ACTIVISM
BOOK DR. GAIL DINES
About Dr. Gail Dines
Dr. Gail Dines has been researching and writing about the porn industry and sexual violence for more than 30 years. Her book Pornland: How Porn Has Hijacked Our Sexuality has been translated into four languages. Dines is professor emerita of sociology and women's studies at Wheelock College in Boston.
Dr. Gail Dines has spoken before esteemed audiences around the globe, including in Iceland, Norway, Poland, Brazil, Ireland, and Scotland, and in forums that include the U.S. Centers on Disease Control and Prevention, the American Academy of Pediatrics, Swedish Parliament, and the United Nations.
She is a widely published author and scholar. "Gender, Race and Class in Media" is one of Sage Publications' top-selling books. She has published articles in The New York Times, The Boston Globe, The Washington Post, Salon, Huffington Post, The Guardian, The Conversation, Counterpunch, and numerous other media outlets. Dines appears regularly in the media, including ABC, MSNBC, CNN, BBC, CBC, and National Public Radio.
Inquire about a presentation, workshop or consultation
with Dr. Gail Dines
CULTURE REFRAMED
Dr. Gail Dines is the founder, president, and CEO of Culture Reframed, which is the first organization to recognize and address hypersexualized media and pornography as "the public health crisis of the digital age."
BOOKING DR. GAIL DINES
Get in touch to inquire about a presentation, workshop, or consultation.
THE QUOTABLE DR. GAIL DINES
"The reality is that most teenagers will inevitably be exposed to porn — and parents must talk to them about it."
© 2019 Dr. Gail Dines. All Rights Reserved | Images by Mim Adkins Photography

redpajama_set_name: RedPajamaCommonCrawl


New York State requires that we collect sales tax on any order that ships within the NEW York State Region. The current rate is 8.875% of the total order including shipping.
Orders shipped to any other state are not subject to this tax. Purchases made in our retail store are subject to NY sales tax even if you live in another state or foreign country.
Government agencies, schools and charitable organizations that have a tax exempt status can call us to set up a special account which will allow you to log in and place your tax exempt orders online.


Dixon's Darling Dynamos: Happy Mother's Day!
This year we were a little low on supplies and a little low on time - but Mother's Day was coming! What to do, what to do? Bingo! We may be short on some things - but creativity isn't one of them! Check out our super-cute puzzles with messages to our moms! Hope they love them because my students put their whole hearts into creating them!


Circuit Breaker, red 10A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Fuse circuit breaker to replace automotive blade fuses where a trip circuit is required. These type of circuit breaker have the standard sized blade to suit standard (high topped) automotive blade fuse boxes. Popular with race and competition vehicles, the breaker allows reset of a fused circuit. Resetting a fused position should never take the place of diagnosis, especially if repeated.
Circuit Breaker, green 6A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Circuit Breaker, tan 8A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Circuit Breaker, blue 15A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Circuit Breaker, yellow 20A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Circuit Breaker, pearl 25A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
Circuit Breaker, green 30A, for 12-24V DC systems, will replace standard blade fuses in many fuse-holders and boxes.
circuit breaker, rated at 6A, for 12-24V DC systems, with manual re-set and manual trip, will replace some standard blade fuses.
Circuit breaker, rated at 8A, for 12-24V DC systems, with manual re-set and manual trip, will replace some standard blade fuses.
Circuit breaker, rated at 10A, for 12-24V DC systems, with manual re-set and manual trip, will replace some standard blade fuses.
Circuit breaker, rated at 15A, for 12-24V DC systems, with manual re-set and manual trip, will replace some standard blade fuses.
Circuit breaker, rated at 20A, for 12-24V DC systems, with manual re-set and manual trip, will replace some standard blade fuses.


text:
Sri Lanka's Hayleys executive for Fortune's women's mentorship program
Wednesday April 3, 2019 17:11
ECONOMYNEXT – Manohari Abeyesekera, Head of Strategic Business Development at Sri Lankan conglomerate Hayleys PLC, has been chosen to take part in the Fortune-U.S. Department of State Global Women's Mentoring Partnership in the United States this week.
She joins 18 women leaders from 15 countries who will spend a month working with executives from the Fortune Most Powerful Women community to enhance their business and leadership skills, a U.S. embassy statement said.
"When women have opportunities to lead in business, we all benefit – companies, communities, and economies," said U.S. Ambassador to Sri Lanka Alaina B. Teplitz.
"Ms. Abeyesekera's selection for this prestigious program reflects her demonstrated ability to deliver results, and will empower her to serve as a mentor to rising talent."
Abeyesekera has carried out more than 200 million US dollars in acquisitions at Hayleys, where she is also involved in restructuring businesses and investor relations.
The Fortune-U.S. Department of State Global Women's Mentoring Partnership is a public-private partnership between the U.S. Department of State, Fortune's Most Powerful Women, and Vital Voices Global Partnership.
The partnership leverages the expertise of American leaders in the public and private sectors to support and advance women's economic empowerment.
Upon completion of the program, mentees will return home with business and leadership skills to accelerate positive change in their communities, the statement said.
This year's class of emerging leader mentees includes women from Bosnia and Herzegovina, Colombia, Egypt, Fiji, Ghana, India, Kenya, North Macedonia, Malaysia, Nepal, Nigeria, Poland, Russia, South Africa, and Sri Lanka.
Over 320 alumnae of this program have worked with mentors from prestigious U.S. companies, such as Goldman Sachs, Johnson & Johnson, Guardian Life, and Accenture.
Tags : Sri Lanka


We'll explore tools for listening & thinking well--even under stress--reducing family conflict, helping kids handle big feelings, and supporting YOU!
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to learn more about the Cold War : the vietnam proxy war Back to the Cold War summary page. Activities Take a ten question quiz about this page. Listen to a recorded reading of this page: Your browser does not support the audio element.they helped Ngo Dinh Diem get elected in the South. However, the United States did not want the country to become communist.january 30, march 8, the US begins a bombing campaign of Northern Vietnam called the vietnam proxy war Operation Rolling Thunder. 1968 - North Vietnam launches the Tet Offensive attacking around 100 cities in Southern Vietnam. 1965 - The first official US combat troops arrive in Vietnam.
army. II the Japanese took control of the area. Vietnam Source: U.S. Combat Operations at La Drang Valley, war. II Vietnam had been a colony of the French. Before the War Prior to World War. During World.especially on the local area. In particular, proxy wars can have a huge impact, the bombing campaign Operation Rolling Thunder destroyed significant amounts of infrastructure, a proxy war with significant effects occurred between the United States and the USSR the vietnam proxy war during the Vietnam War.ho Chi Minh died during the the vietnam proxy war war in 1969. Ngo Dinh Diem, was not a good leader. The US chosen president of the South Vietnam, the city of Saigon was later renamed to Ho Chi Minh City in his honor.
Vietnam War for Kids Parents and Teachers : Support Ducksters by following us on or. Dates: November 1, 1955 - April 30, 1975. The Vietnam War was fought between communist North Vietnam and the government of Southern Vietnam. The North was supported by communist countries.
The vietnam proxy war in USA and United Kingdom!
the Vietnam War had become so unpopular in the U.S. Public opinions had affected the vietnam proxy war proxy war policy. For the first time in the Cold War, that Richard Nixon managed to get elected with the promise that he could end the war in Vietnam honorably.cold War Although the vietnam proxy war the first recorded proxy war happened as early as in 1529, during the Cold War, it was not common until the Cold War set off by the ideological and political differences between the two victors of the World. War II.when Ho began to the vietnam proxy war have success against the French, but they didn't want Ho to succeed as they were worried about communism spreading throughout Southeast Asia. Ho tried to get US help, the US became more concerned.
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the bombing campaign turned out to be ineffective the vietnam proxy war due to some restrictions imposed on the U.S. However, vietnam under President Johnson who escalated the war further to North Vietnam with a massive air bombardment. Troops were dispatched to.a Difficult the vietnam proxy war War Not only were the US troops limited in what they could do strategically by President Johnson, the US had no chance to win. By putting limits on the troops and not allowing them to attack Northern Vietnam from 1965 to 1969,the Vietnam War Team May 8, author: CrashCourse Views: A New History John Lewis Gaddis a history of the vietnam war a cold war era the vietnam proxy war proxy war on m. The Cold War in general and the Vietnam War in particular still inform a history of the vietnam war a cold war era proxy war U.S.
and the Republic of Vietnam, the Vietnam War unlimited vpn com the vietnam proxy war occurred from 1959 until April 30, also known as North Vietnam, 1975. The war was fought between the communist Democratic Republic of Vietnam,vietnam began the same way as most proxy wars do with U.S. Soviet Union and, american involvement in. China. To a large extent, vietnam War Vietnam War is a typical proxy war during the Cold War under the influence of the U.S., vietnam.has involved are those where only assistance was provided as in Greece and Afghanistan as opposed to direct involvement on the ground as in Korea and Vietnam. Although the political situation has changed, reluctance the vietnam proxy war to send troops to Syria in during its Civil War started since 2011. The most successful proxy wars that the U.S. In fact, it is important for U.S. This is illustrated by the U.S.
although the Soviet Union and the United States did not directly go to the vietnam proxy war war, a Proxy War The Vietnam War can be considered a proxy war in the Cold War.on January 27, he first began removing troops from Vietnam in July of 1969. 1973 the vietnam proxy war a peace fire was negotiated. The US Exits the War When Richard Nixon became president he decided to end US involvement in the war.(IPVanish the best/fastest zero-log VPN the vietnam proxy war proxy service for QBittorrent users)).,. -.
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Breathe was Prodigy's bestselling album in the UK despite the fact that radio play was restricted to the evening shows and although it would be hard to make any link with the song lyrics and market events.
Breathe was Prodigy's bestselling album in the UK despite the fact that radio play was restricted to the evening shows and although it would be hard to make any link with the song lyrics and market events (or indeed any event!), the song title song does help describe market actions overnight.
While still under a positive tone, US and European equity markets took a breather overnight following the gains triggered by Friday's better than expected non-farm payrolls report. Oil prices got a boost on the back of an OPEC announcement that it plans to hold informal talks in September with expectations of a potential oil production freeze helping other commodity prices and commodity linked currencies outperform. Core global yields ended the day little changed, but notably 10y Spanish Bonos traded sub 1% for the first time ever, boosted by the hunt for higher yield against an improved global growth outlook.
While European equity indices managed to end the day marginally in positive territory, US equity indices have closed with small loses with the rebound in energy and other commodity related sectors offset by declines in health-care shares.
The better tone in commodity prices has helped commodity linked currencies outperform with the AUD at the top of the G10 leader board. The AUDUSD has gained 0.45% over the past 24hrs and is currently trading at 0.7650 after reaching an overnight high of 0.7672. The market has clearly moved on from the RBA rate cut last week with the AUD now trading 1.3 cents above the lows reached last Tuesday. Meanwhile and ahead of the RBNZ on Thursday, the NZD is little changed (currently trading at 0.7137) and JPY is at the bottom of the leader board losing 0.61% against the USD with USD/JPY drifting to ¥102.46 from ¥102.
So although the USD was weaker against commodity linked currencies, the greenback still managed to outperform on a broad base. The DXY index climbed 0.17% overnight marking the fourth consecutive day of gains. So far higher rates and a stronger USD have not been an impediment for stronger equities and commodities with stronger data and prospect of further central bank easing outweighing any concerns of a stronger USD.
In other news, Donald Trump gave an economic-policy speech last night in an attempt to refocus his campaign on the economy. Trump called for called for aggressive sanctions against US trading partners, a reversal of environmental regulations and large tax cuts for individuals and businesses. Hillary Clinton will deliver her on economic speech on Thursday.
New Zealand's electronic card transactions for July kick off a busy day of data releases and our BNZ colleagues have pencilled in a 0.3% gain for the month slightly higher than the consensus forecast of 0.1%. Then in Australia we get the weekly consumer confidence reading at 9:30 am followed by the July NAB survey at 11:30 (all AEST).
In June the NAB survey was carried out during the uncertainty around the Brexit referendum and ahead of the Australian federal election. Nevertheless, the survey showed improvements in both Business confidence (from +3 to +6) and conditions (from +10 to +12). Overall the results from the survey pointed to further improvements in the non-mining economy in Q2 with growth potentially becoming more broad-based – albeit with mixed evidence. As such it will be interesting to see to what extent, if any, this narrative has changed at all in July.
Also at 11:30 this morning, China releases its CPI and PPI figures for July (yoy). The consensus forecast is for the CPI to slip down to 1.8% from 1.9% in June mainly driven by the ongoing easing in food prices since the beginning of the year. Meanwhile PPI for July is expected to print at -2% from -2.6% in the previous month.
Later this afternoon (16:00 AEST), Japan's machine orders for June should be worth a look. The market is expecting a small rebound of 3.3%sa in June, following soft prints in the previous two months.
The UK industrial and manufacturing June productions figures are the highlights in Europe and both are expected to print close to flat. Meanwhile the US releases its NFIB survey (Jul), Productivity and Unit Labor Costs (Q2) and Wholesale Inventories (Jun). None of the US data releases are expected to be market moving, but for choice it would be interesting to see if the NFIB index continues to signal more weakness than the ISM data.
On global stock markets, the S&P 500 was -0.09%. Bond markets saw US 10-years +0.35bp to 1.59%. In commodities, Brent crude oil +1.73% to $45.19, gold-0.1% to $1,334, iron ore +1.4% to $61.56. AUD is at 0.7656 and the range since yesterday 5pm Sydney time is 0.7612 to 0.767.


text:
Pressure calibrators come in a wide variety. A pressure calibrator is a high-precision pressure measuring device capable of verifying (or calibrating) the pressure reading of another pressure measuring instrument. These instruments are also called pressure standards. The pressure calibrator must be more accurate than the instrument being calibrated. Traditionally, the calibration ratio is 4:1. This means that the pressure calibrator is 4 times more accurate than the device it is calibrating.
A pressure calibrator can also have additional features simplifying the calibration. A pressure calibrator, for instance, that can measure the output of a test item. It might also have an internal pump that can generate pressures used in the calibration, or it could have a precision regulator that can control a supply pressure and maintain a precise pressure output. Pressure calibrator is a widely used term that can mean a lot of different things to a lot of different people.
Form, fit and function of the pressure calibrator
Pressure calibrators can come in different configurations to fulfil specific requirements. For pressure calibration on-site, which requires portability and functions that may include voltage, current or digital signal monitoring/recording from the instrument being calibrated, hand-held multi-function calibrators are the tool of choice. In a laboratory environment where a higher accuracy may be required and precise control of pressure is needed, a pressure calibrator / pressure controller would be a better choice.
Dead-weight testers come in a wide range of accuracies and pressure ranges and have been utilised for years in the field and in laboratories. Dead-weight testers generate pressure using the definition of pressure (pressure = force/area). The measurement uncertainty or accuracy associated with dead-weight testers is specified as a percentage of the measured value as opposed to a percentage of full scale. They require no power to operate. For these and other reasons they are sometimes seen as a superior choice, but they are also bulky and require a skilled operator. High-end dead-weight testers are still considered the gold standard for pressure calibration at its highest level in laboratories around the world, but more and more hand-helds and pressure controllers are replacing dead-weight testers in the field and in process applications.
Pressure Controlling Calibrators
Deadweight Testers
Field and Laboratory Calibrators
Hand-Held Calibrators
Portable Multi Function Calibrators
Videos WIKA - Portable Pressure Calibrator CPH7650
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WIKA, DH-Budenberg and Mensor pressure calibrators
WIKA pressure calibrators in general may be described as portable process calibrators, or multi-function pressure calibrators because they have additional features beyond just pressure calibration. An example of these is the CPH7000 portable pressure calibrator.
DH-Budenberg has a variety of dead-weight testers that can be used as pressure calibrators. Mensor pressure calibrators are available as sensors, indicators and controllers. Each of these could be used as a pressure standard, or pressure calibrator.
A sensor by Mensor will require a regulated pressure source and a way to read the output signal from the sensor. An indicator will require a regulated pressure source. A Mensor pressure-controlling calibrator can control pressure to a precise set point and measure the pressure with high-accuracy internal sensors. Mensor pressure-controlling calibrators can have multiple channels and multiple sensors to expand their range and accuracy. With these pressure calibrators, pressure calibration is possible in ranges from -15 … +70,000 psi.
What is a working standard?
A standard routinely used for calibrating or testing material measures, measuring instruments or reference materials.
- a working standard is usually calibrated by means of a reference standard
- a working standard usually used for guaranteeing that m ... more


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The Les Miserables Trailer Is Here--and You've Never Seen (Or Heard!) Anne Hathaway Like This
Anna M and I both teared up while watching this trailer for the upcoming blockbuster version of Les Miserables--and you'll see why.
Megan Angelo
There's not exactly a lot of hearing-the-people-sing triumphant moments in this preview--it's super, super sad and dark, and backed entirely by Anne Hathaway's vocals on "I Dreamed a Dream."
In fact, Anne, in all her Fantine anti-glory, is pretty much the star of the trailer. And it's breathtaking how different she looks. We get to see exactly how she got that short hair:
Here, watch for yourself.
Video: 'Les Miserables' movie teaser
Time for another dual confession from myself and Anna: We both launched into our own renditions of "I Dreamed a Dream" as soon as we cleared away our sniffles. We're expecting calls from Broadway any moment now.
Also: Did you catch the glimpse of Samantha Barks, the newcomer who beat out a bunch of A-listers for the part of Eponine?
What do you think of the trailer? Are you as psyched for Les Mis as we are?
More on movies we love...
What's the Talk of Cannes Today? Oh, Just Zac Efron in His Underwear in the Controversial Film The Paperboy
Robert Pattinson In Catching Fire? Here's Why If This Casting News Is True, It's the Worst Idea Ever!
Drop Everything and Watch The Great Gatsby Trailer (Everyone Else at Your Work Is!)
Topicsanne hathawayles miserablesmoviesSamantha Barks
The New Charlie's Angels Trailer Is Here, Thank God
The Cats Trailer Is Here, and People Have Thoughts
The First Trailer for Disney's Live-Action Mulan Is Here


In 1685 a rebellion was expected in southern Scotland so the authorities decided to send the hundreds of Covenanters held in Edinburgh jails north to be held at Dunnottar to prevent them being sprung free. The Covenanters were marched north in dreadful conditions and held in a vault of the castle, later known as the Whig's Vault. A total of 167 Covenanters were held in the single apartment, 122 men and 47 women, which had little access to fresh air and no facilities. A number died, and an attempt at breaking out resulted in some dying. A few Covenanters who died here are buried in nearby Dunnottar churchyard. After a period of confinement, most of the Covenanters were banished to the Americas as slaves.


text:
Q: While I hove on image hover effect are not showing. Also I can use overlay on image

.team_list h4,
 .team_list p {
   visibility: hidden;
 }
 .team_list img:hover .team_list h4,
 .team_list img:hover .team_list p {
   visibility: visible;
}

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

How to add a hover effect on the image? I tried so many ways please see the code.
For Code- https://github.com/iamtheasad/Bino-l-p
For Live Website- https://iamtheasad.github.io/Bino-l-p/
Codepend: https://codepen.io/aasaadzaman5/pen/PowxrVp

A: Change the styles on hover like shown below
.team_list img:hover {
  opacity: 0.5;
}
.team_list img:hover ~ h4,
.team_list img:hover ~ p {
   visibility: visible;
}

/**************************************
     Our Team Section Start
***************************************/
.our_team_bg {
   background-image: url(https://cdn.pixabay.com/photo/2020/01/14/11/00/nubian-ibex-4764738_960_720.jpg);
   overflow: hidden;
   height: 744px;
  background-repeat: no-repeat;
  width: 100%;
}

.our_team_bg:after {
   content: '';
   position: absolute;
   background-color: #202020;
   width: 100%;
   height: 100%;
   top: 0%;
   left: 0%;
   opacity: .75;
   z-index: -1;
}

.our_team_top h2,
.our_team_top p {
   color: #fff;
}

.our_team_transparent_bg {
   background-image: url(https://cdn.pixabay.com/photo/2020/01/07/00/34/heron-4746555_960_720.jpg);
   position: absolute;
   bottom: -7%;
   left: 0%;
   width: 100%;
   height: 100%;
   background-repeat: no-repeat;
   background-position: center;
}

.team_list img {
   border-radius: 50%;
   border: 4px solid #e74c3c;
   z-index: 1;
  width: 100px;
  height: 100px;
}

.team_list {
   max-width: 1170px;
   margin: 0 auto;
   text-align: center;
}

.team_list span:nth-child(1) {
   position: absolute;
   top: 57%;
   left: 12%;
}

.team_list span:nth-child(2) {
   position: absolute;
   top: 51%;
   right: 64%;
}

.team_list span:nth-child(2) h4:after {
   top: 52%;
}

.team_list span:nth-child(3) {
   position: absolute;
   top: 52%;
   left: 48%;
}

.team_list span:nth-child(4) {
   position: absolute;
   top: 57%;
   left: 65%;
}

.team_list span:nth-child(5) {
   position: absolute;
   top: 53%;
   right: 7%;
}

.team_list h4:after {
   position: absolute;
   background: #675b5b;
   width: 50px;
   height: 1px;
   display: block;
   content: '';
   transform: rotate(90deg);
   top: 44%;
   left: 28%;
}

.team_list h4 {
   font-size: 24px;
   margin-top: 80px;
   color: #e74c3c;
   font-weight: 600;
   font-family: 'Open Sans', sans-serif;
}

.team_list p {
   font-family: 'Open Sans', sans-serif;
   font-weight: 500;
}

.team_list h4,
.team_list p {
   visibility: hidden;
}

.team_list img:hover {
  opacity: 0.5;
}
.team_list img:hover ~ h4,
.team_list img:hover ~ p {
   visibility: visible;
}

/**************************************
     Our Team Section End
***************************************/
<meta charset="UTF-8">
   <meta name="viewport" content="width=device-width, initial-scale=1.0">
   <meta http-equiv="X-UA-Compatible" content="ie=edge">

   <link rel="icon" href="favicon-32x32.png" type="image/gif">

   <title>The Ham Landing Page</title>

   <link rel="stylesheet" href="assets/css/all.min.css">
   <link rel="stylesheet" href="assets/css/owl.carousel.min.css">
   <link rel="stylesheet" href="assets/css/owl.theme.default.min.css">
   <link rel="stylesheet" href="https://stackpath.bootstrapcdn.com/bootstrap/4.3.1/css/bootstrap.min.css" integrity="sha384-ggOyR0iXCbMQv3Xipma34MD+dH/1fQ784/j6cY/iJTQUOhcWr7x9JvoRxT2MZw1T" crossorigin="anonymous">
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OUR TEAM

                     Meet the craziest team. Share your thoughts with them.

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

Kazi Erfan

UI/UX Designer

A: Changed this code -
.team_list h4,
.team_list p {
   opacity: 0;
   transition: .2s;
}

.team_list img:hover ~ h4,
.team_list img:hover ~ p {
   opacity: 1;
}


Just some brief background about myself.
I started in Australia working as an Actuarial Analyst and moved to Hong Kong just before the Financial Crisis. My first job at an Investment Bank was at a Bulge Bracket doing Data Management for their Equities Research Department.
Eventually, I got an Equities Research position and covered Banks and Insurance for about 10 years in total. After that, I also worked at a Startup Hedge Fund as a Buy Side Analyst and a Credit Rating Agency.I am now focused on building Online Educational Programs in Finance and Personal Development as I found this is my true passion.
I am currently doing some research for what to focus on so this is part of the reason I am doing this post. I am looking to share my experiences and love to get your opinion as young professionals on the things you would like to know.
Forgive me if this is an ignorant question, since I've never worked in equity research, but when doing equity research, what was the role of developing a macro view? Did it filter into your write-ups in an explicit way frequently? Also, given that you were covering companies in Asia especially, what role did your understanding of national/regional politics play in developing your view on equities?
Most research departments usually have an economics team, some might belong to equities and some fixed income.
They would publish certain forecasts on economic variables like GDP, interest rates, loan growth and for example, since I used to cover banks, our forecasts for individual banks would be based on their economic forecasts.
So in principal, the sector analysts are not supposed to have macro views as such.
Understanding of politics was important for us, as we covered banks, which is macro and policy driven. In fact, a lot of investors questions were on politics, senior management changes because some banks management are actually appointed by the governments or they could leave for government roles. So for example, to understand their career history and objectives would give one a better understanding of how they would run a bank.
Hey thanks for this. It seems that moving from actuarial analysis to data management is a reasonable transition, but how did you position yourself to make the move into research coverage? Did it look like more networking or did you have prior industry experience within banking and insurance that you could sell as a story? Thanks again and I'm glad to hear you've found your passion in what sounds like a really interesting space.
Thanks for the courteous note.
As my grades in actuarial was quite average, there would have been no way I would make it to an IB quant team - first, I couldn't get pass the screening and second, I couldn't have survived with the technicality anyway.
So I was lucky in a way that the data management role was an experienced hire and was more like an operational role without so much technicality but just knowledge of their existing systems.
There are 2 points on research coverage. Firstly, you have to move into the actual equity research sector teams, ie, the teams that actually write the research. Secondly, from there you have to work your way into getting actual stock coverage for yourself.
For me, both points were luck and not planned but that's just life I think, you have to at least get yourself into a position where luck can apply to you.
Looking back, I think I got into the research role because most importantly, the market was expanding and getting into a bull market so there were not enough experienced people out there so they had to branch out and looked for people with similar experience. So for me, that data management research experience helped. To be honest, I don't even think my boss back then knew what I did but he was probably like ok, this guy was at least in a research department before. When I started I didn't even know how to calculate yoy and qoq figures for example. All these things you just have to learn on the job and find a position/boss that will accommodate that.
I actually got the position from a headhunter, which was introduced from a network so yes, networking is vital. You have to get yourself into that community. I would say that is more important than any of my "story". Its all about developing warm leads and working the numbers game, ie, network with as many people as possible and at least 1 would like you and actually hiring.
Hope this helps and let me know if you might have any more questions.
I don't understand much of the industry as a whole, but an I've heard from ex analysts that the industry as a whole is shrinking, and equities research isn't as highly valued as before, wanted to get your take, maybe it's different in Asia?
To add my friend was in Equity Research at a BB about 20 years ago (before dot com) and said that Equity research used to go to pitches with IB, but now there's a strong wall between banking/research.
Yes I agree. I think our work was much more valued before.
I think the industry is subject to a major change.
Research reports in PDF formats, calling clients over the phone and leaving voicemails, these are really old ways of doing things.
There will need to be more usage of social media, more interactive models, automation.
For example, there is increasing usage of social media for the analysts, which need to be compliant with regulations on information distribution.
The basis of analysis have also changed. Most of us are trained under fundamental analysis so analysing financial statements but now there maybe more focus on again analysing social media and media newsfeed as they have more impact on share prices especially short term and the investment horizons are getting increasingly short term as well.
Yes, 20 years ago was probably the best time to do Equity Research in its current form. The good old way of talking to management, investors, stakeholders and coming up research with mosaic theory. There were less news back then so share prices were less sensitive to random events and you can genuinely identify value.
To your point, a senior used to tell me there wasn't much difference between a financial journalist and an analyst except the analyst gets to go to pitches and do IPOs, which meant he earned a lot more. So with this wall, independence and tighter regulations, the analyst job has got more difficult and harder to justify the comp.
But still, they get paid a lot, which is why everyone is still trying to hang on.
Thanks for taking questions, did you move sectors during your career or stay focused on financials throughout?
I stayed focus on Financials but I did cover a range including banks, insurance and diversified financials like asset managers and brokers. Each of them could be considered an independent sector and covered as such.
I do see analysts move across sectors from time to time due to different reasons. But given the nature of the job, it is really stepping out of your comfort zone to cover another sector as you have to build relationships and knowledge again from scratch pretty much. Some people would do it because it's a new and upcoming sector, where there maybe a lot of deals, or they are moving to a sector with bigger market cap so implying more commissions, while some could be involuntary such as the juniors.
I would say it is more common on the buy side as it helps to have looked at multiple sectors before becoming a PM but in the sell side, the career path is different and it is more common to be a specialist.
I just started out covering as a junior covering financials on the sell side so was curious. Since you spent quit a bit of time in the industry, looking back is there anything you wish you done differently? whether that was in the sell-side or buy side?
Have you seen anyone in their mid-30s come into research because they are extremely passionate about a specific industry? Assuming no specific research experience before, but extensive finance experience on the macro side.
Yes, we do have that for experienced hires and I have seen successes especially when you are extremely passionate.
You would be bringing in knowledge that is currently not covered by most in the industry but where there is a lot of client interest.
The person I knew that got in this way started out presenting at our conferences and client events. And he became so good that our team head hired him.
He was also quite naturally gifted in serving investors, which is the other skill you have to learn quick to survive once you are in.
Very interesting. I too began my career as an actuary and did a few middle office roles leveraging my quantitative undergraduate education.
Question for you: 1. how do I extract most amount of USEFUL knowledge from a job where short-termism and precision thinking plague quality thinking? 2. how were you able to transition from sell-side to hedge fund analyst?
There are a few of us in the business but not that many. Actually I never qualified. There was only so much I could push myself to I guess.
1. Great question. I am trying to figure out myself. But I think this has more to do with the industry and the world we are heading towards so is a big picture thing given the information world we live in.
I talked to an ex-colleague the other day and he mentioned he wanted to find a role that he can have fun, build and make money.
I felt I was doing that when I first started but much less so in the last few years and in all 3 respect as well.
I also felt I plateaued in those last few years so I opted out. I am trying to see if I can find an answer doing startup now.
2. It was through a friend. Looking back, a lot of opportunities came through networks. My 2c worth is that if you have been in the industry for awhile and you aren't getting calls from time to time from people asking for your service, you have to start question what you are doing. You mentioned short-termism and precision thinking - those are highly valuable attributes in the hedge fund industry.
I want to understand your point on the value of short-termism and precision thinking in hedge fund. I have interned at a hedge fund where we don't play the quarterly game (I had a great time working there), so I have zero interest in working at funds such as P72, Surveyor, or BAM, Is there a chance to build relationship working on the sell side with long-term focused mutual fund and hedge funds? Frankly, I don't really want to serve people (internally and externally) who call me 2 seconds after the earnings press release hits, literally.
Great thread. Thanks for doing this.
I'm a PM at a $bn equity HF. I have historically limited my interaction with the sellside as a matter of personal preference, despite the fact that my firm has pretty good relationships with most of the banks across the Street. I'm looking to change that since I believe that the sellside can be a tremendous asset for me.
Curious to get your thoughts on how I can get the most out of my relationship with a sellside analyst? I suppose this is another way of asking what you think the sellside is particularly good at.
On the flip side, given that you know how the sausage is made, what do you think are the biggest weaknesses in sellside research if you were to be brutally honest? The reason that I ask is because understanding the structural limitations that a sellside analyst has to deal with can really help someone like me poke holes more easily in the sellside research that I read.
I would say you could start by going to the sales you know well at the banks, ask them for who are the top 2-3 analysts that they think you should meet at their firm.
That should be a natural filter in itself, given the size of your fund, the sales should diligently refer analysts that have helped him/her make money for clients or at least have a good reputation.
For this part, you would also need your sales to be senior otherwise, you may not get a proper referral (as in if the analyst has bargaining power, he/she could just ignore the sales) or the sales may just refer his/her best friend to you.
Best to arrange a meeting with the analysts at your office so you get a feel of that person as this is the subjective part and you may meet a wide range of personalities.
For me, the analysts with the most value add are the ones with best access to management, you could tell through whether they have done any roadshows with management, or have personal relationships with them.
Some guys would bluff a bit here and it is your skill to find out who is the real deal. Anyway, the result will tell sooner or later. Once you worked that out, you will have to track quite closely what that analyst say about that company in his/her reports. Are there any subtle changes in tone such as if he/she are usually very explicitly bullish in reports but suddenly turn more mild. They could still maintain Buy throughout to keep the corporate relationship.
Another value add from this analyst is that, if he/she is the real deal, he/she would have a lot of followers including the guys that actively trade the stock. You could then get much better colour from him/her than just some random analyst on the street.
Personally, those were the key value add to me because I was covering a sector I knew quite well just that on the buy side, I was not as close to the management and other investors anymore.
So it also depends on your knowledge of the sector and how close you are with management yourself.
There are analysts that diligently do modelling, data and reports and some investors value that as well.
As you can see, it can be quite a lot of extra time and effort if you are not doing it already so I am not sure if this is actually the best use of your time.
The biggest weakness is stock calls as they don't have skin in the game at all from both a personal perspective (ie, they don't own the stocks themselves) and professional (ie, their performance is dependent on you giving them a vote hence share of commission and not the actual calls they make).
I used to smile when I hear other buy side ask the sell side analyst if they would buy the stock now or not. People are not stupid and it could just become another counselling session if you know what I mean. I have also seen heated debates stemming from this question, I mean I could see a reason for it but it's just not necessary and there are more important things to do.
Also, I wouldn't ask questions like are investors overweight or underweight the sector. I mean, the answer is already in the fecking price. Asking that question is just asking for a verbal diarrhoea and I have seen it so many times.
To sum up, the sell side is useful if you know what you are doing, what your weakness is, where you are limited and exactly what help you need and you know whether they have the ability and willingness to provide it.
To be honest, if the sell side knows more about a stock than you, you ought to think whether it is wise for you to trade in that stock anyway.
Thank you. I appreciate your very thoughtful response! I hope you stick around and continue to contribute to this thread.
Hi, I have just started an RA position in APAC (not HK).
I would one day like to make the move to HK if possible due to the larger variety of exit opportunities I believe are on offer there.
It seems however, that to do ER in HK these days, knowing Chinese is a must - a trait I sadly do not have. I do speak another Asian language as a native.
I have spoken to a few analysts that were not Chinese but worked in HK and covered a wide range of Asian nations - all spoke Chinese.
1) Assuming that you did not speak Chinese initially (given the background provided), how did you deal with the language barrier in covering stocks?
2) Have you seen any experienced hires from other locations lateraling in to HK?
I am not sure where you are working now but I would generally agree with your comments on HK. Singapore is another one especially if you have interest in Hedge Fund, Private Banking.
As you mentioned about the other analysts that were not Chinese, I would angle to be primarily a regional person overseeing some China if you are really interested in China as such.
It helps to learn some Chinese but my opinion is that it is basically impossible to get an edge as a China specialist if you are not a native (The language is a medium only. It is a whole package of the culture, growing up there, your parents living there and having high school and university friends there) so your angle must be regional with China one of the countries you have in your portfolio albeit it probably be the largest one for most sectors.
There are cases of people from other regions transferring to HK but it maybe less common for sector analysts like it probably doesn't make a lot of sense to say, transfer someone from Thailand covering banks to cover banks in China simply because of the cultural and language barrier as discussed. I see more of these happening in economics, strategy or quant.
Is it possible to move from a buy side ER role in AM division of a large Asian bank to a sell side ER role in a BB in Asia?
Sorry not sure if this is your real name or reference to the show but if it is, I am a fan too.
It is unconventional to move from the buy to sell side and I can only recall a handful of cases.
For your current buy side role, I imagine you may have a sector focus but maybe across countries. For sell side, you may need to narrow it down to one country and as discussed above, one that you would have a natural edge in.
Not sure of your seniority as well but I imagine it maybe relatively easier if you are more junior just because there are relatively more openings. I have seen senior switches as well but it is more specific so for example, a strategist/macro position.
I would say you can start by engaging more with your sell side counterparts especially the more senior analysts, get to know them and express interests appropriately. You could also talk to your sales and do the same. Also, not sure if your bank has a sell side division, which you maybe able to angle a switch there too.
I am guessing you are aware already but the job nature is very different buy and sell side. One is more performance/return focus and the other more client focus.
Any tips for a junior analyst initiating on his first couple of stocks or his first sector? With MIFID now somewhat in place, I feel it's even more important for new analysts to hit the ground running and really impress clients. Otherwise they wouldn't even bother giving you any of their attention. If you could go back to your first initiations, what would you do again and what would you do differently?
Yes I understand and as you mentioned with MIFID, the pressure is high.
I would say, before you initiate, try to talk to as many people (investors, sales, IR, companies management along the value chain or if they are difficult, research colleagues - other sectors/regions, the product manager) as you can about the stocks and sector.
Basically, your objective is to know the inside out of the stocks before even initiating. Do as much research as possible online reading the reports out there, what the media is saying, what the management is saying in the media, what other analysts are saying.
Hopefully, that gives you the foundation you need to write a decent report. Don't be too hard on yourself. There are not many superstars that just click on day 1 and those guys did a lot of work before hand in any case.
Also, I don't think you need to try too hard to have a "contrarian" idea. Again, if it is a good one, it's great but if not, people will just think you are pretentious and won't give you much credit.
So just get the report out, that's the most important part. After that, go really really hard again, marketing, talking to investors, try to get client referrals from sales. They may ignore you or even put you down but that's part of the game.
It's all numbers. If you talk to enough people, you will convert. The top analyst may convert 30%+ of clients, you may convert 5% but if you talk to twice as many clients, you are basically 10%. Also you will find your client niche - its a personality plus mindset match initially.
If you do this aggressively for a couple of months, you will basically become an expert of your stocks and people would want to talk more to you. It's a compounding effect.
Those are the things I learned.
One more thing I would say is, and I learned this from a senior, when markets are good, spend most of your time externally, ie, building client relationships but when markets are tough then spend more time internally, ie, your bosses. That's the thing I probably would have done differently.
What's your take on the theory that in the very forthcoming years ER as an entire function will turn obsolete because of increasing Quantitative Research prowess on both the buy-side and the sell-side?
Even if ER, in its traditional sense being conducted by humans, remains on the sell-side, do you see any exit opportunities available for people in ER since the hedge funds are increasingly turning towards greater quantitative skills?
Citadel founder Ken Griffin recently said in an interview that his firm still makes most of its money from good old stock picking. Do you believe this guy?
Hey, these are great questions.
I think there could be some major changes to how sell side is done like should they still be calling clients and leaving voicemails, spending time building Excel models. I don't have an answer but I believe there is still value in understanding the dynamics of the fundamental business model, client relationships. I think the change is more how this knowledge is communicated rather than being replaced completely.
Exit opportunities are not limited to buy side especially hedge funds. It requires a whole different skill set. I see people joining companies as CFO, IR, moving to the credit side, sales. Some continue to move up the ranks within the bank. Opportunities will come along and you will get to know what you enjoy doing over time so I wouldn't worry too much about exit for now given you are young. If you believe you would enjoy it, go give it your best shot. You can see and plan your step 70 much better when you are already at step 69 rather than step 0.
I think you have to put what he is saying into context. As discussed above, there is still a lot of value in understanding the dynamics of a business as such and that part won't go away. It is about how you would execute in the markets if you believe a stock has an intrinsic value of $15 but is trading at $10 now. The quant tools are there to help to say the stock could go to $8 first so we could wait now but you still need the human to tell the tool this stock should be worth $15. So what's happening is human using tools, which is like we use Excel to build a model, just now, there is a more advanced one.
1) Relationship management - I think people coming into the job don't realise most of the time but sell side is just a broker afterall so it's all about relationships, sales. You can skip that initially on the buy side but over time if you are looking to make it big, networking is still key. The artist with the best art don't sell the most, the artist with the most network does. That's just life. 2) Writing - you will write a lot. Communication is key. 3) Excel, Bloomberg - these are basic things you need to know to do the analysis but as you become more senior they are less important.
Wise words. Thank you so much for doing this.
Thank you for the AMA.
My question is: I am currently in an MS Finance program at a good/top university. I have had more than a dozen interviews so far for banking, PE, corporate finance positions, but no offers yet. I did a 5-month ER internship in the renewable energy sector with a top analyst in that sector.
What companies/how should I position myself for ER FT recruiting? I find it hard to see any open ER positions and having interned in an ER department I know there are very few positions. Thx.
It feels like you are trying out a few things. I suggest maybe narrow it down a bit.
Try imagine if you do get the position, is that the type of work you would enjoy? In the end, you are spending a lot of your time there so it helps if you enjoy the work or at least envision yourself to be like your boss one day.
Try networking and talk to the people in the fields so you get a better sense.
It will show when you are interviewing if you seem like you are not entirely sure you want to be in that particular job or commit at least a couple of years there.
If ER is your thing then you are already well ahead of most given your internship.
I would continue to network with ex-colleagues, your peers, the senior analysts, anyone from the management team, the sales, even the secretaries, get the word out in an appropriate manner that you enjoyed your experience there and are very much looking to continue to develop your career in this field.
Even if they don't have anything now, they may have friends that do or something could open up later. You want to make sure you are on their minds when it happens.
If you can show you are a genuinely good candidate/person, people will want to help you because it helps build up their reputation too.
They are your best leverage and warm intro plus a good reference takes you a long way.
You can always try job sites or headhunters but to them you are just one of the thousands CVs they get each day. You might get lucky so it is still worth trying if there is something of interest but this is more like cold calling.
Chinese healthcare seems to be getting pretty hyped up over the past few months, from Seeking Alpha to Goldman Sachs. Which accept of Chinese healthcare do you believe have the potential for growth with a 5, 10 or even 20 year outlook (Pharma, health services, or equipment manufacturers)?
I don't have a strong view on Chinese healthcare.
My sharing here is more about framework and mindshare. I think once you worked out those for yourself, you will have your own process and then find out what market is the best to apply that. Everyone is different and have something they are comfortable with.
For example, I realised I am not a day trader, I don't like to look at the screen or news all day. So my job in investing is to identify a 6-12 month trend then time and size my entry and eventual exit accordingly. I also like to identify stocks that could 10x or even 100x hopefully but the problem with that is I realise I am most likely wrong 9 out of 10 times and mentally I am still learning how to deal with the fact that 9 of my 10 investments could go to 0, while one returns 10x or more so I still make money in the end.
What I would say though on your subject is don't focus too much on hype or noise, they are just there to grab your attention, which is a valuable commodity. I have been on the sell side so I know what people do to grab attention. As we used to call it, we need to capture mindshare, which is market influence and directly affects our pay back then.
What I learned from my time at the hedge fund was the price tells you everything. Looking back, I didn't respect the price enough as I came from the sell side and focused too much on the hype and analysis. When the price tells you, you are wrong, you are wrong, doesn't matter how much analysis you did and the hype goes away once the price tells it something else.
Thank you for your reply! Could you explain what you mean by, "When the price tells you, you are wrong, you are wrong, doesn't matter how much analysis you did and the hype goes away once the price tells it something else."? I think that it means that equities will go up or down, regarding all the analysis you can do, and whatever happens with the price is key. Is that accurate?
Also, is most of Asia's finance talent coming from within the specific countries, or is it mostly American and European transfers?
Thank you for doing this, it is very informative!
It will has to be biotech & pharma, maybe also diagnostics.
China's HC system is very different from that of the States, i.e. primarily state provision & financing vs. primarily private provision & financing, so private China HC service co. will need to combat the dominate public hospital while at the same time face strong policy head-wind.
On device, bar outbound opportunities, most Chinese device companies are still focusing on low quality consumables, and thereby difficult to justify high valuation / market cap.
Just my 2 cents and hope you find it helpful.
Thank you for doing this! You are a tremendous resource for folks like myself who are exploring the industry.
In some of your responses, you seem to suggest that the skillset for a sellside analyst and buyside analyst are different. I understand that a sellside analyst is focused on marketing while a buyside analyst focuses his time on stock picking.
However, if you can humor me for a second, let's put aside marketing for a second. Doesn't a sellside analyst essentially do the same thing as a buyside analyst? I feel like I'm missing something and am hoping that you would be able to help share some of your insights.
For example, a sellside analyst needs to know a company inside out just a like a buyside analyst would if that buyside analyst were researching that stock, the sellside analyst builds models just as a buyside analyst would, the sellside analyst does his best to value a stock just as a buyside analyst would, and then the sellside analyst makes a recommendation based on what he thinks just like a buyside analyst would.
Can you help me understand what is different on the sellside vs. buyside when it comes to making a stock recommendation for clients vs. actually picking a stock?
Thank you for the courteous comment and great question.
Not sure if I have already mentioned in a past post but the key difference is how performance is measured.
Sell side is by client votes, which is how investors perceive your value in their investment process. This means, you don't necessarily have to be right in your calls, that's the buy side job. You just have to tell them something they don't already know. You are trying to help them put the pieces together in a jigsaw. Part of that maybe getting your calls right all the time or it could be knowing company management better than anyone else so whatever you say, people know carry some weight.
The buy side is a completely different game. It doesn't matter your analysis, who you know, the ultimate measure is whether you are generating the returns in your portfolio.
To be precise, remember sell side is paid on commission and buy side on investment performance. It is basically a broker/client relationship.
To answer your questions in the example, I would say the buy side actually needs to know more about the stock/company than the sell side because the buy side is the one with skin in the game. Sell side has no skin because they are just telling you to buy a stock, it doesn't impact them if it falls after, they collected the commissions already.
The modelling part is somewhat similar but again, the buy side should have a more comprehensive view.
Therefore, how sell side value stocks and make recommendations are not completely investment performance driven so the process is different. Also, recall on the sell side you have to maintain relationships with corporate management as well as there are deals. It is difficult to have a negative view if the relationship is strong. Most investors understand that.
Good sell side analysts don't necessarily turn into good buy side and they know it.
This is a great response and helps me a lot. Thanks again!
Yes, I completely apprehend as my experience has been similar.
I have heard of firms that encourage juniors to talk to clients and sales but that's not really a norm as in the end, you are competing for attention away from the analyst, which usually doesn't bode well unless you have a really good boss.
I think the key is to work for a more senior analyst or a growing sector. If you work for someone more senior, they would spend most of their time with the senior clients. If they are good, they would allow you to talk to the more junior clients or clients they don't have time for.
Also, with a growing sector, there is just too much to do so you get to grow with the sector.
How do you rate Sanford Bernstein (i.e. sell-side research) in Asia? Thanks in advance.
I am not going to comment on specific names.
What I would say though is I think the industry is not getting any easier with things like more competition from Chinese backed firms, Mifid, lower fees, stricter compliance, technology, free content online etc. So it is ever more important for the firms to identify their own niche and edge especially the non bulge brackets.
From what I can gather, I think there are some firms that do this better than the others naturally.
Final thing I would add is different firms have different career paths for their employees and you will need to take that into account when you consider working for them.
Hello...how about the idea of generating equity research independently churning data from bloomberg and trying to sell it? Im in London trying to get in equity research and investment banking. Which company or sector i should start doing equity reseqrch on? Any tip?
Thank you for this great post! I am curious, how would you say ER differs in Asia between other places? I'm currently based in Europa but my long run goal is to move to Singapore and I was thinking that it would be imporant to get some emerging markets coverage.
In addition to that, how competitive is HK/Singapore compared to other places? Are people who only speak english at a disadvantage compared to locals?
And last, what advice would you give someone who wants to work in Aisa in general and what should "we" keep in mind?


text:
The 2019 WBSC Premier12 was an international baseball championship featuring the 12 highest-ranked national teams in the world, held by the World Baseball Softball Confederation (WBSC). It was the second WBSC Premier12 event. The championship was held from November 2 to 17, 2019, in Mexico, South Korea, Taiwan, and Japan.

The tournament served as a qualifier for baseball at the 2020 Summer Olympics. Two quota spots were allocated, with Team Mexico as the top finisher from the Americas earning one spot, and Team South Korea as the top-finishing team from the Asia/Oceania region (excluding Team Japan, which already qualified as host) earning the other.

Japan defeated South Korea in the championship game, and the bronze medal game was won by Mexico over Team USA.

Teams

The 12 highest-ranked national teams qualified to participate in the 2019 WBSC Premier 12, based on the then-most-recent WBSC World Rankings, which were as of December 17, 2018.

Format

Opening Round
The tournament began with three groups of four teams each playing in the 12-team Opening Round. Each team played three games, in a round robin format against the other three teams in its group.

Super Round
The top two teams from each group then advanced to the six-team Super Round, which was hosted at ZOZO Marine Stadium and the Tokyo Dome in Japan.

In the Super Round, the top two teams that advanced from each of the three groups competed in a round robin format against the top two teams that advanced from the other two groups, for a total of four games played per team.

Finals
Following the conclusion of the Super Round, four teams advanced to the Finals. The four teams were selected based on a combination of the results of the Opening Round game contested between the two teams in the same group that qualified for the Super Round (1 game), plus the teams' results in the Super Round (4 games).

The 3rd- and 4th-place teams competed in a Bronze Medal Game, while the 1st- and 2nd-place teams faced each other in the Championship Final at the Tokyo Dome.

Venues
Six stadiums were used during the tournament:

Opening round

Group A

|}

Group B

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Group C

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Super Round

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Finals

Bronze medal game

|}

Championship final

|}

Final standings

Awards
Following the conclusion of the tournament, the WBSC announced the Premier12 All-World Team. WBSC also announced the individual awards winners.

Prize money
The WBSC gave $5.2 million in prize money to participants, distributed as follows, with a minimum of half of a team's prize money to be distributed equally among its players:

Winner: US$1,500,000 (Japan)
2nd Place: US$750,000 (South Korea)
3rd Place: US$500,000 (Mexico)
4th Place: US$350,000 (United States)
5th Place: US$300,000 (Chinese Taipei)
6th Place: US$250,000 (Australia)
7–12th Place: US$180,000 each
Each win in Opening Round: US$10,000
Each win in Super Round: US$20,000
1st Place in Opening Round: US$20,000

Controversies
The super-round game between South Korea and the United States played on November 11, which South Korea won 5–1, became a topic of debate due to an alleged misjudgment by an umpire, Tetsuya Shibata, against South Korea in the third inning. Baserunner Kim Ha-seong slid back to home plate before catcher Eric Kratz in the eyes of some was able to tag him out, but Tetsuya ruled it as an out instead. Team Korea's coach, Kim Kyung-moon immediately requested a VAR check, but was refused. Slowed-down television footage was available online, and some criticized the call claiming it was wrong and that South Korea lost a run due to the call. The Korea Baseball Organization held a meeting after the match with the tournament's technical directors and filed an appeal, additionally stating that Kratz physically obstructed Kim's path to home plate in violation of WBSC playing regulations. WBSC responded by saying that they respected Team Korea's perspective and would seek to make improvements in the future. The Japanese media initially kept this incident quiet on the news, and many ridiculed the controversy in Japan.

See also
 List of sporting events in Taiwan

References

External links
Premier12 WBSC 2019 homepage

2019 in baseball
International baseball competitions hosted by Japan
International baseball competitions hosted by South Korea
International baseball competitions hosted by Taiwan
International baseball competitions hosted by Mexico
2019
2019 in Japanese sport
2019 in South Korean sport
2019 in Taiwanese sport
2019 in Mexican sports
November 2019 sports events in Asia
November 2019 sports events in Japan
November 2019 sports events in South Korea
November 2019 sports events in Mexico
Baseball qualification for the 2020 Summer Olympics

redpajama_set_name: RedPajamaWikipedia


text:
Q: Object variable not set error? I'm primarily a C++/C# programmer and very unfamiliar with VBA, so I'm not too certain what exactly the problem is with this code.  It's throwing the following error:

"Run-time error '91': Object variable or With block variable not set."

That error is being thrown on the line in the FOR loop.  The right side of the statement seems to be throwing the error.  What exactly is the problem with that line, and how would I go about fixing it?
Here's the code snippet:
Option Explicit

Private gEmployees() As Employee

Const gLastNameStartingCell = "A4"
Const gNamesCountCell = "A1"

Const gNamesTab = "NamesTab"

Function BuildEmployeeNameArray()

    ' Declare all variables
    Dim iNameCount As Integer
    Dim wksActive As Object

    ' Counter
    Dim i As Integer

    ' Select the sheet with all the names
    Set wksActive = Sheets(gNamesTab)

    ' Get the number of names on the sheet
    iNameCount = wksActive.Range(gNamesCountCell)

    ' Resize the Array as appropriate
    ReDim gEmployees(0 To iNameCount - 1)

    ' Fill out the employee list
    For i = 0 To iNameCount - 1
        gEmployees(i).mLastName = wksActive.Range(gLastNameStartingCell).Offset(i, 0).Value
    Next i

End Function

Employee is a Class Module.  Here's the relevant information from that file.
Option Explicit
Public mLastName As String

Private Sub Class_Initialize()

    ' Initialize variables
    mLastName = ""

End Sub

A: You are missing the creation of the actual employee to add to the array.
Dim e as Employee
' Fill out the employee list
For i = 0 To iNameCount - 1
    'Create a new employee each time through the loop
    set e = new employee
    gEmployees(i)=e

    'set the last name appropriately
    gEmployees(i).mLastName = wksActive.Range(gLastNameStartingCell).Offset(i, 0).Value
Next i

This will fix your problem.
The array never sets the type, either, the way you are doing this, so I'm not sure how you would have gotten any similar syntax to work in C++/C#.

A: ReDim gEmployees(0 To iNameCount - 1)

just creates an empty array with iNameCount slots - you have not populated each of those slots with an Employee object, so you can't set the mLastName property if the object isn't there.


As business owners, far too many of us miss the fact that our customers buy with their hearts, not their heads. All too often, I see businesses promoting a bullet-point list of benefits which they're convinced will woo the pants off of any customer. Except that boring bullet point lists never woo'd anyone.


text:
War of the Rebellion: Serial 033 Page 0791 Chapter XXXIV. CORRESPONDENCE, ETC.-CONFEDERATE.
HDQRS. DEPARTMENT OF THE INDIAN TERRITORY,
Fort Smith, Ark., February 27, 1863.
Colonel J. C. MONROE, Commanding First Arkansas Cavalry:
COLONEL: You will proceed with force and scout in such direction on the north side of the Arkansas River as circumstances and your discretion may suggest. Should you make any captures of the militia understood to have been called into service of the United States, the prisoners being persons (citizens of the Confederate States) within the conscript age, or deserters from the army, you will, if practicable, bring them with you. In all cases of soldiers regularly enlisted in the service of the United States, and of persons over the conscript age, you will cause them to subscribe the accompanying oath,* affixing to their name the date and place of capture, and giving to the prisoners thus paroled a memorandum of the act. All citizens who have exhibited an active opposition to the Government of the Confederate States, and have been instrumental in causing persons to desert the C. S. Army and to join the Federal forces, will, if practicable, be brought to this place. Should you capture any officers of the U. S. Army, they will be held in accordance with the proclamation of the President of the Confederate States. All further matter of detail will be left to your discretion.
By command of Brigadier-General Steele:
J. F. CROSBY,
Assistant Adjutant-General.
SPECIAL ORDERS,
HDQRS. DEPT. OF MISS. AND EAST LA., Numbers 58.
Jackson, Miss., February 27, 1863.
V. At his own request, sanctioned by the War Department at Richmond, Va., Major General Sterling Price, Provisional Army of the Confederate States, is relieved from duty in this department, and will report to Lieutenant General E. Kirby Smith, Provisional Army of the Confederate States, for duty in the Trans-Mississippi Department.
VI. In compliance with the desire of the Secretary of War, as expressed by letter, as soon as the troops now composing Major-General Price's division can be replaced by a corresponding number from the Trans-Mississippi Department, they will be ordered to report to General Price for duty. Should, however, the troops referred to from the Trans-Mississippi Department not be able those of Major-General Price's division, the Missouri troops, forming a part of said division, will be sent to join General Price in the Trans-Mississippi Department as soon as the exigencies of the service will admit of it.
VII. Major General Sterling Price will take with him as an escort Captain Collins' company, Missouri cavalry, now acting as body guard.
By order of Lieutenant-General Pemberton:
J. R. WADDY,
CRITTENDEN COUNTY, February 28, 1863.
Major General T. C. HINDMAN:
DEAR SIR: Since we came to this county we have succeeded in sinking six coal barges, which we boarded with skiffs, worth, at least, to
*Omitted.


text:
Dogecoin [DOGE] What do you know about this cryptocurrency?
Dogecoin [DOGE] is a decentralized virtual currency, which was created on December 6, 2013 by software programmers and cryptocurrency enthusiasts Jackson Palmer and Billy Marcus.
Jackson and Billy were interested in cryptocurrencies, but they were not yet fully familiar with the sector.
After Palmer acquired the domain dogecoin.com, he contacted Marcus, who was already developing his own currency.
On December 8, 2013 the dogecoin project was presented at the bitcointalk forum.
The base of Dogecoin was the Luckycoin cryptocurrency, which is a variation of Litecoin.
The project network was intended to produce 100 billion Dogecoins, but it was later announced that the network would have no production limit.
In the creation of this cryptocurrency one of the bases was humor. Its creators used as a project image the dog breed "Shiba Inu", which was well known for being part of a meme on the internet.
But regardless of this touch of humor that its creators wanted to give it, the project immediately attracted the interest of the crypto community and has earned a place in the TOP cryptocurrencies.
Dogecoin [DOGE] Wallets
On the official website of the project, different wallets are available depending on the device and the operating system used. The platforms supported at the moment are:
Desktop Wallet
These wallets have the light version (where it is not necessary to download the blockchain of the project), and the full version in both 32 and 64 bits.
Each of them includes a quick wallet installation guide to help users with less knowledge.
Dogecoin mining
As in the mining of the rest of cryptocurrencies, users can opt for solo mining or group mining through the pools.
If you want more information about this process, you can see our guide where we talk about these group mining pools.
"In terms of hardware efficiency, AMD graphics cards are better than Nvidia graphics cards, and both are much better than CPU mining."
If you want to start with dogecoin mining, we recommend this step-by-step tutorial where they explain the entire process.
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GUIminer: Although the page indicates that it is for Litecoin, by sharing the same algorithm this software is fully compatible with Dogecoin.
Dogecoin [DOGE] stands out for the speed of its transactions and its low commissions, in addition, it is also a project that has no scalability problems as it happens with other much more recognized.
Fully decentralized and listed in a multitude of exchanges is a cryptocurrency that should not be lost sight of.
Block generation time: 1 minute
Max Supply: Unlimited
Genesis: December 8, 2013
Web: https://dogecoin.com/
Twitter: https://twitter.com/dogecoin
Block Explorer: https://dogechain.info/
The post Dogecoin [DOGE] What do you know about this cryptocurrency? appeared first on Crypto Economy.


text:
By the 6th century, fifty states had emerged as the political and cultural heirs of the Meroitic Kingdom. Nobatia in the north, also known as Ballanah, had its capital at Faras, in what is now Egypt; the central kingdom, Muqurra (Makuria), was centred at Dunqulah, about 13 kilometres (10 miles) south of modern Dunqulah; and Alawa (Alodia), in the heartland of old Meroe, which had its capital at Sawba (now a suburb of modern-day Khartoum). In all three kingdoms, warrior aristocracies ruled Meroitic populations from royal courts where functionaries bore Greek titles in emulation of the Byzantine court. A missionary sent by Byzantine empressTheodora arrived in Nobatia and started preaching Christianity about 540 AD. The Nubian kings becameMonophysite Christians. However, Makuria was of the Melkite Christian faith, unlike Nobatia and Alodia.
After many attempts at military conquest failed, the Arab commander in Egypt concluded the first in a series of regularly renewed treaties known asAlbaqut al-sharim (pactum) with the Nubians that governed relations between the two peoples for more than 678 years. Islam progressed in the area over a long period of time through intermarriage and contacts with Arab merchants and settlers, particularly the Sufi nobles of Arabia. Additionally, exemption from taxation in regions under Muslim rule were also a powerful incentive for conversion.[25] In 1093, a Muslim prince of Nubian royal blood ascended the throne of Dunqulah as king. The two most important Arab tribes to emerge in Nubia were the Jaali and the Juhayna. Today's northern Sudanese culture often combines Nubian and Arabic elements.
During the 16th century, a people called the Funj, under a leader named Amara Dunqus, appeared in southern Nubia and supplanted the remnants of the old Christian kingdom of Alwa, establishing As-Saltana az-Zarqa (the Blue Sultanate), also called the Sultanate of Sennar. The Blue Sultanate eventually became the keystone of the Funj Empire. By the mid-16th century, Sennar controlled Al Jazirah and commanded the allegiance of vassal states and tribal districts north to the Third Cataract and south to the rainforests. The government was substantially weakened by a series of succession arguments and coups within the royal family. In 1820, Muhammad Ali of Egypt sent 4,000 troops to invade Sudan. His forces accepted Sennar's surrender from the last Funj sultan, Badi VII.
One thought on "d) Christianity and Islam"
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