Has anyone else become shortsighted (long distancs blurred) since starting studying in level 1? My eyes have become noticeably worst after each level. I had 20/20 vision 3 years ago. Last year I got glasses. This year I need new glasses.
I better pass this tomorrow, worried I might go blind.
No joke, optomistrist said there’s nothing wrong, just happens when u stair at something that’s close for too long. Continue reading
I’m usually in shorts and a t-shirt but I will never forget the dude at level 1 who wore a suit. Continue reading
I am looking at the CFAi text and it is not clear if we can use linear aproximation for the standard deviation.
by that I mean if you need 50% portfolio A abd 50% portfolio B
is the Standard deviation 0.5sigmaA + 0.5sigmaB ??? Continue reading
I understand the concept and the example in the book, however, is there a generic ormula? What if you don’t get the money for two years and you have a 3 yr horizon? Continue reading
Do these sound right?
For Investor Time Horizons:
Short: <3 Years
Medium: 3-15
Long: 15+
For Bonds Maturities:
Short Term: <2 Years
Intermediate: 2-10 (I remember reading that it may be only 2-7 years?)
Long: >10 Continue reading
In the text, it says to exit a swap early, you should enter a new swaption with exact characteristics of the existing swap, but take the other counterparty’s position?
If the original swaption you purchsaed matured, and you exercised… and you are now IN the swap, wouldn’t it make more sense to find an offsetting swap? What is the benefit of purchasing the option when you know you want to get out? Continue reading
San Jose CA test center (Santa Clara conference center) right after exam?
Exchange contact info, making new friend, networking etc. Since it is against forum rule to talk about exam we will not talk about exam.
Again good luck! hope for the best! Continue reading
http://www.analystforum.com/forums/cfa-forums/cfa-level-ii-forum/91322981
I basically decided to give them some tough love and let them know that whatever the outcome tomorrow, there life is going to continue to suck.
Join in hazing fun! Continue reading
When I have a long forward position on EUR
and the spot rate is 1.64 CAD/EUR
the forward rate is 1.63 CAD/EUR Continue reading
A lot of debate in this thread with no clear cut answer:
http://www.analystforum.com/forums/cfa-forums/cfa-level-iii-forum/91322921
Appreciate a thought or two. Continue reading