Good day fellow investors. Yes, when stocks go down, it's a good day for value investors. Now the question is, is there enough blood in the streets, especially in emerging markets, to buy in? For that, to answer that question, I want to discuss my investment strategy when it comes to emerging markets. How do I deal with volatility? What is my entry points? How many entry points do I have? And I'll also explain how emerging markets really work, so you'll have a better perspective on how to approach. And then the question will be answered, whether to buy or not. Now, tomorrow I'll make a video more on the fundamentals. What do I look at? And how do I approach analyzing a stock before I invest in an emerging market? What are the fundamentals? What are the earnings? What is the business? What is the idea that I look at? I had great winners last year. Some of you enjoyed them with UPAI, YY. So how do I get to those stocks? What is my risk reward analysis? And how do I get that? More about that tomorrow. Let's dig into the strategy to invest in emerging markets today. If we look at the emerging market chart, this is iShares, China, ETF. So look at first the long-term perspective. Everybody looks at today's change, last week's change. But look at the long-term perspective. Year to date, we are down only 8%. On top of that, if you look at a long-term perspective, since the January 2016 low, till the top that was reached somewhere in January of this year, it was up. The index, ETF for China is up 100%. 100% and now 8% down. So it's not that big. 15%, 20% down if you look at from the peak in late January. But still, we are still relatively high. The 5-year change is 35%. The 3-year change, 2-year change is almost what? 50%, 60%. So good returns. We are still in very, very positive territory. How big is the downside? Look at this. 2014, it was below 50%. The ETF, now it's at 60%. So it's not that far. When there was the fear about China crisis January 2016, it went below 40%. So that's still what? 40%, 40% downside possibility. That depends a lot of on sentiment. And that is exactly why emerging markets and especially individual emerging market stocks are extremely volatile. Because it is so much about sentiment. And when people get scared, people get scared about the risks as now is going on with Turkey, Argentina, emerging market risk, they immediately sell emerging markets and everybody has a domestic bias and runs into what they know best and that's domestic stocks, domestic treasuries. That's why the dollar is strengthening. Everybody has always used the dollar as a safe haven and now everybody is rushing towards the dollar and sell whatever you can in those emerging markets. And as those ETFs are being sold, those ETFs have to sell their respective positions and there is no buyer because when everybody is panicking simply the markets are shallow, there is no buyer, there is no institutional buyer, perhaps even no market makers and simply the stock then drops, drops, drops. And if you know that there is no buyer, then the short sellers start selling if they can and then really it's a downward spiral, extremely fast and you see a lot of the red happening that you're probably seeing on your emerging market screener. Now the question is, okay, there is a lot of red, nobody's buying, is it now time to do the opposite what everybody else is doing and buy? There are two things to watch there. One is, okay, the fundamentals, more about that tomorrow. And the second thing is it's all about the strategy. When approaching investing market it is almost as important as to pick the right stocks to have a right strategy because you might pick the right stock, you might be right about the fundamentals, the business, everything, but you might not be right about the market and that's something you have to implement in your strategy. For example, everybody's panicking about China, but the yuan has lost only 9% since what? Since April. And if you look at from last winter fall it is down just 4% against the US dollar. Everybody is panicking, all hell is breaking loose, but the currency is really, really stable. Nevertheless, the stocks are extremely volatile, but the businesses are stable and this is what I do, this is my strategy. So I first, I always look at the business, okay, what would I be happy owning that business and what is the intrinsic value of the business, no matter what happens to the currency, economy, long-term, trade war, who cares about, I don't know, it was Korea last year, everybody was panicking about Korea. So when I can find a business and I can find its long-term earnings power, long-term strength, fundamental strength, no matter what happens, always markets, economists will always be volatile, then I have the intrinsic value. I discount it for all the risks, currency devaluation, China government implementation, whatever. And then I have an intrinsic price, which is extremely low. I require a return of 15% on my analysis, but given the volatility of those emerging markets have, those target prices are here and there reached. And then I don't buy with everything I have, then I have my first entry point, then lower than that is the second, third and fourth entry point on each intrinsic value with a bigger margin of safety. Why do I have four entry points? Because I never know what will be the sentiment, what will be the decline in the next five, six months, because this can continue to bleed as it can go up and shoot up. Nobody knows whether it will go up or down. I just know that in the long-term it's always about fundamentals and those fundamentals give me the certainty to buy more, even if others are selling, selling and selling. So as I have said in the previous videos about my portfolio, I'm pretty heavy into cash. Even in the model portfolio on the research platform, heavy in cash. We are waiting for opportunities. We are analyzing companies. A lot of those companies are here demonstrated on YouTube. You have seen the latest video about Junk Zoo Expressway. So there will be more and more stock analysis, intrinsic values. And when the price is below the intrinsic value, then we start slowly buying, accumulating. When it comes back, we sell part of the portfolio. So it's really one thing is stockpicking. The other is portfolio management so that you don't get caught up in the red in days like this. I'm very happy today. I just hope those stocks on my screen go a little bit lower and some of them touch the buying ranges. Some of them are really close but not yet so I didn't buy anything today. If you really want to see in depth what am I doing, what am I buying, my portfolio, check my stock market research platform. The link is in the description below. There is even a 30-day money back guarantee. So you can just check it if you're not happy. It's not for you. You get your money back. Subscribe to the YouTube channel as there will be plenty more stock analysis, stock analysis, stock market investing ideas where I share a bit what I do as I do so many research that only a few get onto my coverage buying list. Thank you for watching. Looking forward to your comments. Hope it is a good day for you and I'll see you in the next video.


Soldiers and non-commissioned officers from the 73rd troop command competed in its best warrior competition at Camp James A. Garfield Joint Military Training Center in Ravenna, Ohio, November 4th and 5th, 2022. The competition promotes esprit de corps and recognizes Ohio National Guard soldiers who demonstrate commitment to the Army values and embody the warrior ethos. The best warrior competition is important because it helps find the best of the best and the reason you want to find the best of the best because it gives you something to strive for.  The best warrior to me, they look like all-around great soldier. They have to be able to take direction. They have to be able to give direction. They have to be able to physically be able to provide the task at hand as well as mentally have the knowledge to share and to be willing to learn more as well. Readiness is important because our ultimate mission is to defend the country and we have to be ready at all times. If we're doing a deployment and even being in a National Guard we have missions that we do statesides. They're not even just to fight the Army's wars but if there's ever a disaster, we're the first line of the fence. So for morale recognition and readiness, the best warrior contest really shows soldiers that are tactically and technically proficient in their crafts. There's a lot of competitions out here and they're just basically all soldier tasks that makes your unit ready for deployment and any possible state active duties that may come up in the future. There's a very physical competition. They're going to be moving a lot of heavy weight and having to put these rounds down. When their heart rate gets going, your hands start shaking. It shows who is proficient and who's practiced and who's taking things they learned from their NCOs and others around them to be the best shooter, the best warrior under a stress environment.


So, we talk about how databases work on the web. This module will cover about 3 chapters from the textbook and the purpose of this module is to give you an idea about what material will be covered in those 3 chapters. So, collectively those 3 chapters constitute about 30 pages. Of course, that is not possible to cover those 30 pages in this module. So, this module will give you an idea what is there on those 30 pages in those 3 chapters. So, this is about the story so far about what is the story? The story is that over the period of time the processing power has increased for the computers. The cost of the computers has gone down. The cost of telecommunication has gone down. The bandwidth has gone up. There is a lot of requirement of applications which cost a lot of money for customized development. And there is a requirement of having access. The interface issues are there. So, all of these things have been fueling what the web-based database applications. And the trend change has been from the old dump terminals connected to the main frames. Then came the PC revolution. Then came the operating systems. And then of course, the worldwide web. So, that was the story so far. Now, dump terminals and main frame, the issue with these aspects was that the application had to take care of many things. And the application was running on the main frame.  So, that terminal was the client's interface with the web server, with the application server or the main server. So, to say, that was several decades ago. Then came the operating system. And came the structured programming. The benefit of operating system from the application point of view was that the programmers didn't had to write the commands in the applications which were running on the server. Those operations that power their commands were within present in the operating system. And then with the availability of the structured programming, there was the additional benefit of the reusability of the code. So, these things were fueling what we are discussing today. And then came the personal computers. With the personal computers, the cost of the machine went down. The operating system was available within the personal computer. And we had that client server architecture. So, processing was done at the client end, which was the PC. And the main processing was of course done at the main server, which was the server over there. And then came the internet. Now, the thing is that the internet was around in 1960s, since 1960s. But it became popular widespread when it went out of the research organizations. When it went out of the ARPA, which was the department which developed the internet, and it became very widespread. And it was using TCP IP. Now, these protocols were not meant for e-commerce. These protocols were inherently not secure, not strong enough to ensure authentication, to ensure validation, to ensure privacy. And of course, the data was available on the net when it was being exchanged. It means that the prospects of integrity or the issues with the person with very little skill was there for maligned intentions. So, that is why things have to be catered for. Now, this is the second chapter, internet service providers and database service providers. Now, try to understand that if I have my mobile phone and I am accessing the net, we are not talking about it. We are talking about a database application which is connected to the internet, right? The connected to the internet, my mobile phone is the client. I am using it to browse the web, to make use of the web application. The big difference. So, when I have a web application, that application is on my PC, is on my server. So, do I have to connect this to the internet? For that, I need an ISP, internet service provider, or I need a database service provider. The database service provider where my application is running. There can be many modes. I will briefly go through all of them. Of course, the details are in the main chapters. And then is the database software. So, the database software falls into three categories. One is the database software that was developed for desktop applications. For example, access, for example, X base. Now, over the period of time, their multitasking versions and their online versions, or the network versions became available. Then there is the second category that was object-oriented databases. For example, we have that DBase next version. And we have other, Visual Fox Pro also. Object-oriented developed in Java. And then we have the high-end databases. For example, for the enterprises like Oracle, like DB2, like SQL Server. So, these are the databases. And then we have what is called as the CGI scripts and Perl. Common gateway interface. These scripts can be written in Perl. They are platform-independent. And using these scripts, one can connect your MyCury to the web. Over the web, it goes to the web server. And from there, it draws the results for which I have submitted the query. So, I can write CGI script in C. I can write in C++ also. And of course, we can use Perl for that purpose. So, CGI script, another purpose served by CGI script is that it is the glue which ties together all the components of a web-based application, which is a database application. And then is the transitions. As I have said before, in the older client server models, of course, I'll talk about the second tier and third tier models also. The people are used to using those models. They are used to using those models. They may be very inefficient as per the current trends and as per the current requirements. But people are comfortable with it.  At this point, some very interesting quotation comes to my mind, which is that change comes with pain. And if you are in not enough pain, then you are not ready for change. I go to the next chapter now. This module covers about three chapters. Choosing your internet service provider. Now, the internet service provider, do I need a service provider for mail, to send mail, to receive mail, to perform file transfer FTP, to do what? Or I need for the database services. So how many do I need? How do I get started? Which is the starting point? Remember that using my phone, I browse the web. I run the application, which is on the server. I am talking about connecting my application, which is running on my web server, on my data server. And I need to connect it to the internet. For that, I need a web server. And I need an internet connectivity. So talking about the domain names. Now, domain names are important. Domain names are important, the reason being over here, that this domain name carries my identity, which I discussed earlier, module also. Now, using this domain name, if this domain name lies within the name of the ISP and I move my application, then I have to change it with the ISP. That is very inconvenient. So I need a domain name, which is gestured with me and changes with me and moves with me. Now sending mail and receiving email over here. Remember that on the internet, there is no check that I may be sending an email from an address, which is not my address. So for this, I need to cover it. And then of course, these are different types of connections. Dial-up connection is I connect my web server, my database server with the internet service provider over a dial-up line and the IP address is dynamic. Then of course, the next is the dial-up connection with static IP. I get a fixed IP. With static IP, my IP is changing and people will have difficulty locating me over the internet. With the static IP, it doesn't changes. Of course, there are advantages, there are disadvantages and there are other issues and considerations also. Then I have a non-switched connection. This non-switched connection is based upon a frame relay, is based upon ISDN, is based upon Lee's line and then is the co-location. Co-location and database hosting, all of these things and of course e-commerce and other services are also provided by the ISP. Details when we come to those modules.


The paper proposes a new method for detecting chronic obstructive pulmonary disease, COPD, which uses fractional-order dynamics deep learning models to analyze physiological signals such as thoracic breathing effort, respiratory rate, and oxygen saturation. These models were trained using data collected from 54 patients in the Westrow COPD dataset, and 534 patients in the Westrow Porty COPD dataset. The results showed that the fractional-order dynamics deep learning model achieved a COPD prediction accuracy of 98.66%, demonstrating its potential as a reliable alternative to spirometry. Additionally, the model was able to accurately classify COPD stages from stage 0, healthy, to stage 4, very severe. This study suggests that the proposed fractional-order dynamics deep learning model may provide a more accurate and reliable way to diagnose COPD than current methods. This article was authored by Chen Zhongyin, Mihaya Drescu, Gorev Gupta, and others. We are article.tv, links in the description below.


G'day, I'm 840 here. So I was listening to Richard Spencer's latest interview yesterday and he was talking about how nationalism is a ship magnet. That was the title of Jim Goad's autobiography and I don't buy it. I don't believe that nationalism inherently appeals to the worst in people. Now, there are certain types of nationalism that operate as a ship magnet. So, Richard Spencer, I want to face that he has been a ship magnet. Jim Goad wrote his autobiography calling himself Shit Magnet. So maybe that is Richard Spencer's lived experience. But it's not inherent in nationalism. Nationalism simply means that you love your people.  For some people, nationalism may bring out some nasty characteristics.  But there's absolutely nothing inherent in nationalism that makes it a ship magnet. Nationalism is just as likely to attract the best in people as it is to attract the worst in people. That means you want to protect your family. Yeah, exactly. Is Zionism a ship magnet? Well, there are some really lousy people who attract to Zionism. But there's nothing inherent in nationalism that attracts bad people. So I don't buy it when Richard Spencer says nationalism is a ship magnet. Yeah, the type of nationalism that he espoused perhaps worked as a ship magnet. When you look at other types of nationalism, English nationalism, French nationalism, German nationalism, Japanese nationalism, Chinese nationalism, Australian nationalism, Jewish nationalism, black nationalism, Mexican nationalism. It doesn't inherently attract the worst people, the dregs of society. Now, white nationalism in the United States has tended to attract the worst in people. Because white nationalism is considered weird by American standards. American nationalism is alive and well. Yeah, so it was kind of interesting to hear Richard Spencer talk in this recent interview about how he is opposed to white nationalism. He's not a white nationalist. Then what is he and what's he been doing for the past 15 years? I mean, has he changed? And if so, how? How is he not a white nationalist? And how has he not been pushing that?  And yeah, is Richard now turning into a racist liberal? So I'd just like to hear him elucidate more on that. So in certain times and contexts, nationalism, I don't like using profanity, but I don't think it's avoidable here. So in certain times and places, nationalism can be a ship magnet. In certain circumstances, given the way incentives are functioning, then certain types of nationalism can absolutely bring out the worst in people.  Your people is just your extended family. You love your own. The nation is simply the largest group of people that you consider part of you and inherent part of you. And nationalism rose in the 19th century. It's been the most powerful political animating force in the past 220 years. Like decrying nationalism to me, it's like decrying the sex drive.  Well, it can. Like sexual arousal can lead people to say and do really horrible things. But like, do we do we really want to condemn the sexual impulse because some people misuse it? Do we want to condemn fire? Fire can be used in a very destructive way. Fire can burn at the stake, disavow. But fire can also warm your home. Fire can, you know, help prepare your food. There are lots of useful ways to use fire. So, yeah, there are arsonists out there.  But there's nothing inherent in the quality of fire that attracts only bad people. There's nothing inherent in the sexual impulse that only attracts bad people. And there's nothing inherent in nationalism that only attracts bad people. So every mainstream movement of Judaism is Zionist, which is Zionism is just Jewish nationalism. So theodore Herzl and the founders of the Jewish state were they, you know, all the the dregs of society. They were they were capable nationalists, you know, working for the interests of their people trying to protect their family in a dangerous world. So what Richard really is saying, I think, is that white nationalism is acted as a ship magnet. And that's true in the West. That's just an empirical statement. I'm not making a moral judgment here. There's the old canard that white nationalists tend to be, you know, one third Nazis, one third criminals, one third gay. And that that observation is more true than it's false. So American nationalism comes naturally to Americans and there is a racial component to American nationalism. English nationalism comes natural naturally to people in England. And there is a racial component to that nationalism because you are in love with a particular people. And there's there's a racial component to that people, but you don't think about it primarily in in racial terms. You think about it primarily in familial terms. It used to be when I was growing up that at a glance you could look at someone and you could tell if they were American, English, French, Australian. Like there was the different different nations had people who looked a certain way. Right. And so I grew up in Australia and the the ethos was if you're not Australian, you don't count for much. Right. But the Australians were the greatest people on earth and if you're not Australian, you're nothing. Okay. That was the widespread ethos in the Australia I grew up in. So it's definitely a racial component to that. But I was growing up in Australia. Australia was 95% white. The United States for most of its history has been 80 to 90% white. If you were to take the 100 most influential important Americans, it'd be more than 90% white. This was a country not just founded by white people. This is a country founded by English people. Right. 85% of this country. The stock was English at the time of the American Revolution. So it's a very particular people who created this country. And with a different DNA, we would not have the United States of America took a very particular people bringing a very particular legal, religious, social, cultural trends. So there's a widespread saying the rights of Englishmen. Okay. There's a particular outlook on life that has come from the Anglo-Saxon tribes. Right. Freedom of speech, the rule of law. Certain forms of democratic government, an openness for the free market. There are certain ways of organizing human beings that have come from the English and those nations that have been created by the English such as the United States, Canada in part, Australia, New Zealand, South Africa in part. These nations have been disproportionately effective, successful, had low rates of corruption. So trial by jury, the English legal system has been hugely influential. So yeah, there's a racial component to English nationalism and there's a racial component to American nationalism. But American nationalism, American nationalists don't think primarily in terms of race. They think in terms of their extended family. They think about Americans. They don't think about white people in England or in Europe primarily. It's no more natural and healthy to love and care for your own particular nation in its own particular time of place. It's not so common and maybe even not so healthy to be equally concerned about people of your race on completely different continents. What comes naturally for a Frenchman is to care about France. Frenchmen overwhelmingly care about France. Frenchmen don't care what crimes French soldiers commit overseas, right? So recently in Australia, there were these findings that members of the Australian Special Forces committed all these heinous crimes in Afghanistan. And parts of the media cared and parts of the elite cared, but average Australians don't care what Australian soldiers do in Afghanistan. Why not? Because average Australians don't care about any other country but Australia. So white nationalism is not going to appeal to a large percentage of Australians because they don't care about whites in Europe and the United States and Mexico and South America. They care about their fellow Australians. So sure, I can understand how you could see white nationalism in the United States in the past 50 years as a ship magnet or white nationalism in England and Australia. The way it's worked out, it has been a ship magnet, not that everyone has been a bad person, but it has disproportionately appealed to many of the worst people. Because it's not really human. To be human is to care about the people in your nation state. It would be weird if me sitting here having spent most of my life in California, if I cared as much about my fellow whites in Rhodesia or Zimbabwe or Europe as I care about my fellow Americans. I lived almost all my life in the United States of America. I lived 80% of my life in the United States of America. So American nationalism comes naturally to me. When we have the Olympics, I cheer for the American team. When we have soccer competitions between America and Mexico, I cheer for America. That just comes naturally. So when you try to distort that, to have the idea that there could be some kind of white imperium where white people in America, England, Europe, Australia are going to feel some powerful kinship. It is more powerful than the kinship that they feel with Asians and Latinos right next door to them with whom they get along fairly well. I'm just not sure that's going to work out. We only have so much energy. We only have so much ability to love and to care and desire to make common cause with. It's going to be people within our nation in a particular geographic area, really within our nation state. There's never been some overarching racial identity across continents that people have been willing to die for.  There are Canadians who will die for Canada. There are English who will die for England. There are Irish who will die for Ireland.  So maybe there are just certain types of racial nationalism that appeal to the worst in people. So there's black nationalism in the United States. So many blacks don't really feel a part of America. They feel separate from America. So it makes sense that they would develop their own nationalist tendencies. And some of these black nationalist groups have done horrible things. I'm not sure. I simply don't know enough about black nationalism to say it acts as a ship magnet. Maybe it does. So nationalism like the sex drive or the will to power or something like a process like fire, incredibly powerful forces that can be incredibly misused and dangerous. But just because something is dangerous doesn't mean it's evil. Everything has a good side and a downside. So nationalism simply means you care about your family. And I don't see how you can pathologize caring about your extended family. Some people absolutely they'll go too far. And nationalism can be very nasty because nationalism means that you want your people to survive.