What’s the best approach for GIPS?
It has a bunch of requirements and recommendations that I find impossible to infer from logical thinking (like options, at least we can understand the dynamic so that we can know its value). Memorizing all these stuff is daunting and time consuming.
So please help me figure out how to scope with GIPS materials.
Thank you all!
You think that’s bad - just wait until they test it in June.
It’s part of the level 3 experience. Nobody likes GIPS but it’s something you have to nail down. My advice is to review samples from the GIPS website (yes, there is a GIPS website - google it). You’ll get a feel for what’s required vs recommended, exceptions, etc. Know the differences between private equity, real estate, etc.
Not gonna lie - it’s not fun. I don’t miss it one bit.