Guys, Been thinking of starting a thread to share the funny shortcuts used to remember the lists. I’ll start by adding my list: (Others please add yours) 1. Properties of a Valid Benchmark (in Performance Evaluation) (Copyright: Schweser): SAMURAI S - Specified in Advance A - Appropriate M - Measurable U - Unambiguous R - Reflects Current Investment Conditions A - Accountable I - Investable 2. Six Sources of Excess Return in International Bond Portfolio: (SS9) MCD SCMob (Way i remember it, MCD for McDonalds, SCM for Supply Chain Management, Mob for mob - In one sentence McD’s SCM is the best) M - Market Selection C - Currency Selection D - Duration Management S - Sector Selection C - Credit Analysis Mob - Markets outside the Benchmark. 3. Criteria for Selecting Bond Index Benchmark: (SS8) LIMCA (LIMCA is a soft drink in India) L - Liability Framework risk. I - Income risk M - Market Value risk C - Credit risk Forgive the A 
It may seem weird, but it works.
^ the last two are so tenuous / ridiculous, that I will instantly remember them if they come up! Thanks - E
For the last one I use MILC: M - Market Value Risk I - Income Risk L - Liability Framework C - Credit Risk
Doesn’t anyone have anything dirty? These suck.
MILC would have been funny if it were MILF which might work: M - Mkt Value Risk I - Income Risk L - Liability Framework F - Fundamental Credit Risk, then just drop the Fundamental 
LOL… hahaha… love it!
bigwilly Wrote: ------------------------------------------------------- > MILC would have been funny if it were MILF which > might work: > M - Mkt Value Risk > I - Income Risk > L - Liability Framework > F - Fundamental Credit Risk, then just drop the > Fundamental That’s more like it!
pos=cox i.e. Po + S = Co + X/(1+r) synthetic equity using options
dinuda Wrote: ------------------------------------------------------- > pos=cox > i.e. Po + S = Co + X/(1+r) > synthetic equity using options Classic!
bigwilly Wrote: ------------------------------------------------------- > MILC would have been funny if it were MILF which > might work: > M - Mkt Value Risk > I - Income Risk > L - Liability Framework > F - Fundamental Credit Risk, then just drop the > Fundamental Damn you willy…I was going to post the exact same thing.
CFA…Cede F*inglife Away This won’t help on exam but helped me vent a little
M = P + S + A (Public Service Announcement) A = P - B (All Points Bulletin) S = B - M (Sudden Bowel Movement)…most appropriate for test day!!!
the first formula is wrong, it should be M = P - S - A for all these formulas all you need to remember is that Portfolio return = market + style + active (P = M + S + A) and Benchmark = market + style (B = M + S) all the rest is just rearranging these formulas
Leah Eats Hepatitis C Morning PM (problems in forecasting) Limitations using economic data Errors/biases in data measurement Historical estimates are limiting Ex post data patters unlikely to continue Conditional information (failure to consider) Misinterpretation of correlations Psychological traps Model input uncertainty Ernest Hemmingway Values BJs for Money (capital market expectations) Expectations of capital markets to be determined according to investor situation Historical performance Valuation model Best possible data Judgement/experience Formulate CM expectations Monitor performance and refine plan when necessary
Ok then volkovv, you party pooper :-)…pun intended. But thanks for correcting us…How’s this then instead?.. …Perhaps even more apt for test day. How about B=M+S Bowel Movement Suddenly? I hope you all weren’t eating when you are reading this. or Portfolio return = market + style + active (P = M + S + A) Puckerup to My Sweet As$?
thanks! you just saved me 3 points
Portfolio return = market + style + active (P = M + S + A) Puckerup to My Sweet As$? wasn’t directed at anyone, just to make clear. Joking around here, but hopefully these will help somebody remember.
I have been up since 4:30AM…if the only mistake I make is M = P + S + A, that is a good day…and I can assure you after this thread I won’t make the mistake again thanks for the correction but I vote “Sudden Bowel Movement” as best in show…wow the test is in 15 days I feel one coming on
Hedge Fund Types and Strategies SIng this to youself (the alphabet) - C,D, ‘Double E’, ‘Double F’,G,H & M( for MONKEY) - Sing it then right down the letters. C (Convertible Devt) D (Distressed Debt) E (Equity Neutral) E (Emerging Markets) F (Fixed Income) F (Fund of Funds) G (GLobal Macro) H (Hedge Equity) M (Mergers) REEGS (as in Regis Philben - he’s ALSO a singer and probably would have sung the Hedge Fund Song) R - Relative Value E - Equity Hedge E - Event Driven G - Global Asset Allocation S - Short selling Just a thought — hope it helps. Worked for me… Im still singing it…