reading 18 CFA example 9 and 10 Pg 221 and 227
Example 19 combines risk free asset with the corner portfolio to find the lowest standard deviation portfolio. I am little confused. Why don’t we try to combine the risk free asset in example 9 as...
View ArticleGreat article on "hacking" GIPS
Hey,I thought there was a pretty good read on cutting through some of the GIPS memorization and zeroing in on core principles here.Key takeaways:Main idea of the entire section is to make presentation...
View ArticleR25 Q12A
1. How do you know that the hurdle rate is 5% for both the hedge fund and the index?2. The textbook did not multiply square root of number of periods [Sqrt(12) in the question)] in the formula of...
View ArticleEstate planning when gift is made by donor
Could someone please explain the Relative value formula when the donor is paying gift tax instead of recipient and why should there be a tax benefit to the recipient of Tg x Te instead of this being...
View ArticleGIPS (Qbank)
PTN, Inc., is an investment consulting firm. It has used Global Investment Performance Standards (GIPS) since its inception two years ago. PTN claims to be in compliance with GIPS. Could this statement...
View ArticleGIPS - advertising guideline vs. presentation and reporting
Why below only shows up in advertising guideline instead of the full presentation and reporting session? Performance presentation: a. 1-, 3-, and 5-year annualized composite returns through the most...
View ArticleClient Statement Question
Having a debate with a fellow candidate - as it relates to requirements to disclose statments to clients - what is the frequency?Seems under AMC/Ethics it is quarterly but GIPS is monthly - is this the...
View ArticleWhat are your cinco de mayo plans?
Haha, just kidding. At least you’re in it with the rest of us! Have a good time studying,JS
View ArticleEthics
Is it worth doing Ethics Qbank?… It will probably take me, 6-8hrs to do and I may only get an extra 1-2 points. Just thinking if my time is better spent elsewhere…
View ArticleHow to study for written portion
I’m doing well on multiple choice parts but let’s be honest with only 3 options it’s usually not too hard. I’m concerned about the written portion as it is a little more subjective and for me...
View ArticleCali LA - Schweser L3 Review Class so bad everybody got a Refund???
Is this true??? Can somebody who went there or had a friend go there confirm what happened? I heard the instructor they had was unprepared, knew nothing and couldn’t answer any questions. People are...
View ArticleRebalancing Strats wrt risk tolerance
Hi,I’m confused by the risk tolerance of typical investor involved in the 3 rebalacing strats. Can someone please correct me?Buy and Hold: risk tolerance is positively related to wealth and stock...
View ArticleR31 - BB9 (Strategies for different investors)
[question removed by admin]My question:Risk tolerence suggests “CPPI”Forecast suggest “Buy and Hold”Which one should prevail? Isn’t Risk?
View ArticleR9 Christa's return requirement (Q1-3)
I’m having some issues regarding what you need to include to get to a return requirement.The question mentions that Christa can live on 100k per year, is about to receive 50k for some art and has...
View ArticleQbank - Rebalancing
Which of the following statements regarding the risk consequences of asset allocation strategies is least accurate? A) Constant mix assumes relative risk tolerance is directly related to wealth. B)...
View ArticleIncreasing Writing Endurance
I haven’t written this much since in class essays back in English class. Since then I’ve mainly used a keyboard for any ‘writing’ that needed to be done.Fast forward to now and I can barely get through...
View ArticleHow to Deal with This IPS Situation?
Investment Base 1000Scenario 1:Outflow : annual expenses of 100, will raise with inflation inflow : annuities of 30 , inflation indexed scenario 2:Outflow : annual expenses of 100, will raise with...
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