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Free Financial Modelling Training Website - www.fimodo.com

December 13th, 2009
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A number of financial modelling experts have recently joined forces to launch Financial modelling domain at www.fimodo.com. The site is providing high-quality financial modelling tutorials from leading experts in the fields of project finance, corporate finance, business modelling and Excel tips and tricks.



Financial modelling experts active on Fimodo



The initial line-up at Fimodo includes the following financial modelling Experts:



Rickard Wärnelid, Corality, www.corality.com



Danielle Stein Fairhurst, Plum Solution, www.plumsolutions.com.au



Nick Crawley, Navigator Project Finance, www.navigatorPF.com



John Stroud, Digit Advisory, www.digitadvisory.com



What makes Fimodo appealing to financial modellers?



Fimodo is independent from the respective corporate website which gives our Experts more freedom to give their honest views on financial modelling and not simply re-iterate the corporate financial modelling policy. This opens up for a range of interesting conversations about financial models and how to best construct and analyse them.



Fimodo is aiming to increase the global awareness of quality financial modelling by providing free expert advice. The articles are useful for graduates, university students, active professionals and leaders of financial modelling teams who are looking for ways to improve the continuous learning of financial modelling.



Newsletter provides regular updates from the Financial Modelling Domain



Fimodo also provides readers with the options to subscribe to the financial modelling newsletter which further enhances the learning potential. Regular tips and tricks about Excel tips, best-practise recommendations and model review methods can make sure your financial modelling career stays on track for years!

admin Business

If You Want to Save Your Marriage Show Your Partner You’re Willing to Change

December 13th, 2009
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Well now the time has come to where you need to ask yourself ‘Do you want to save your marriage?’. Maybe your friends are even asking you that. If you have decided that the answer to that is “yes”, you will have a tough road ahead of you.

You have to step back and take a look at your marriage as a whole. You need to decide if this is really the person that you want to spend the rest of your life with. If you decide that your partner is not the one for you, you should talk about getting a divorce now. If this is indeed ‘the one’, then be ready to start taking the steps to save your marriage.

It is time to get down to business. You do not need to get a divorce if the marriage is worth saving and can be saved. This time you have made the commitment to making this marriage work. Here are the steps you need to take.

The first step involves changes. Realize and accept that there are going to have to be some changes made in order for the marriage to work. You should know that you had a part in the downfall of your marriage and the sooner you know that, the sooner the making up can begin.

Maybe you had some bad habits, like not cleaning up after yourself, putting work before your family, or were addicted to something. Now is the time to change that around and show your partner that you are wanting to change and save what the two of you have. This is not just a one time thing though, you need to be committed to the change as well as to your partner.

Another step involves communication. You have to be willing to be open with your partner and be a good listener. Do not nag or fuss, just talk. You could even get involved in one of your partner’s hobbies, just to bring the two of you closer together.

If you and your partner have discussed marriage counseling and have decided that it is the best option to saving your marriage, then you should look for a local counselor for you. The counselor will be looking at your marriage from the outside and will ask questions to get the two of you to open up to each other. Just remember that no marriage is perfect and we all hit that rough road a time or two, but this does not mean that your marriage cannot be saved.

admin Social

New York Times Terrifies Readers Over Atrazine in Water

December 13th, 2009
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All the news that’s fit to scare. That was the thrust of ; New York Times article by Charles Duhigg entitled “Toxic Waters: Debating Just How Much Weed Killer Is Safe in Your Water Glass.”

As president of the American Council on Science and Health, I have been following environmental and health media articles for some three decades — seeing how they measure up in terms of “honors” for exaggerated risk, biased reporting, misrepresented science, and pure sensationalism. The Duhigg article is clearly a contender for the all-time worst.

Duhigg argues that the widespread use of the herbicide atrazine is polluting our supply of drinking water and putting us all — but particularly pregnant women — at risk. He consistently refers to “recent studies” (but does not cite them) and concerned “scientists and health advocates ” (but does not name any mainstream experts) who think that the Environmental Protection Agency is not protecting us from atrazine — and that the manufacturers of the herbicide are somehow poisoning us. He cites “new research” showing that atrazine is hazardous even at low levels but does not specify his sources. He seems oblivious to the work of the most famous early toxicologist (Paracelsus, circa 1500) who set in place the time-honored premise: only the dose makes the poison.

Atrazine is a widely used herbicide — applied on a variety of crops (corn, sugar cane, sorghum, and more). It is a tightly regulated chemical, and levels in water (where there could be spill-off from agricultural or other applications) are closely monitored by environmental agencies. It has been in safe use for over fifty years. There is a huge “safety factor” built in — so that permitted trace levels are some hundred-fold less than what could have an adverse effect on human health. The Safe Drinking Water Act requires monitoring water for a multitude of chemicals, including atrazine. You would drown from drinking the huge amounts of water needed for you to be affected by trace levels of atrazine in any American water supply.

Duhigg appears to be playing to the fears (phobias) of consumers who (a) do not know where their food comes from — and are unaware that without the use of agricultural chemicals like atrazine (which allow farmers to fight weeds, insects and disease) our food supply would be diminished by about half — and (b) think that even a trace amount of any “chemical” in food, water, air, or consumer products is intolerable. The reality, of course, is that everything, including natural foods, is comprised of chemicals — most of which are toxic and/or carcinogenic in animals at high dose but are perfectly safe when we consume them.

How much “weed killer” in your water is safe? Well, how much arsenic in your natural baked potato is safe? (Arsenic occurs naturally in potatoes.) The mere ability to detect a chemical in a substance — in food, air, water, consumer products, or even human tissue — does not signal that there is a public health hazard.

Nowadays, when we have so many serious public health risks to face (cigarette smoking, obesity, swine flu, and more), Duhigg has given top priority to a bogus risk. And this is irresponsible. As a result of his article, he hopes that Americans will be demanding zero tolerance for atrazine in the water supply — and we will incur huge expenses to accomplish this dubious goal, with absolutely no resulting health benefits, since there were never any health risks in the first place. Even the Environmental Protection Agency (the most stringent regulatory agency in the world and the most powerful, not known for downplaying chemical risks) stated that atrazine posed no known health risks when they approved re-registration of it in 2006. EPA has evaluated hundreds of studies finding “no evidence of a link to birth defects.”
So why did the New York Times give such prominent coverage to a bogus risk? It is part of a general wave of “chemophobia.” Earlier this month, the Times accepted a paid advertisement (an “op-ad”) on their editorial page, paid for (at a price of about $50,000) by New York’s prestigious Mount Sinai Hospital and Medical Center. The paid-for editorial copy claimed that industrial “chemicals” (phthalates, BPA, etc.) were imperiling our children, when there was no basis whatsoever for such an assertion.

So it is “in” to scare people about “chemicals” in their air, food, water, and consumer products — and apparently Mr. Duhigg and the Times elected to exploit this phobia. Unfortunately, scaring people about the quality and safety of their drinking water is not only without scientific basis, it is completely counter-productive, distracting us from the real public health hazards we face today.

admin Health

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