Your 3 AM WISHES

CFA Level III
#1

  • Wishing for Life Insurance IPS because I have industry experience in this area , it would be unfair actually

  • Wishing for Bank IPS because its never been on an AM exam and I’m betting that its due so I spent more time on Banks then I normally would

-Wishing for any type of derivative question

#2

1- Ridiculously fast/easy 8 pointer like 2016 7B

2- Nothing to do with inter-market carry. Haven’t tried to learn this yet, but I will next week. Maybe it’ll be fine but I haven’t heard great reviews

3- No time pressure

#3

Fingers crossed fer ya!!! :+1:

#4

  1. Anything on derivatives, especially option strategies

  2. Big fat 8 pointer on implementation shortfall

  3. Rebalancing corridors

  4. Relative value of gifts vs. inheritance

#5

  1. No currencies

  2. See #1

  3. A neighbor who doesn’t tap on the table/erase every other answer

#6

Absolutely don’t want anything to do with carry trade questions remotely similar to EOC Q’s 23-32 - inter market curve strategies. I think I would cry.

#7

By that logic, GIPS and ethics is going to be in the morning

#8

  1. FI questions about yield movements and using Ladder, Bullet or Bond portfolios

  2. Equity index replication techniques and style/category classifications

  3. Pretty much any big point question on the 2016 AM exam. That mock was so easy!

#9
  • a lot of “circle”, not a lot of “justify”

-straightforward calc (bond/equity/risk/performance eval)

-they don’t put 3000 ppl into one hall room with only one bathroom (yeah usually the case here in China)

#10
  1. That I don’t have to rush to the bathroom and take a dump my second question in.
#11

Give 1 reason/advantage about a topic.Rather than give 3 reasons for this or that.

derivatives

anything behavioral

#12

Funny you should say that…I’ll leave this here: https://www.reddit.com/r/CFA/comments/by0sog/for_those_that_need_some_humor_baltimore_2016/

#13

I don’t know about wishes, but I had a nightmare I had to do mean-variance optimization in the exam with 20 different corner portfolios, and ran out of time to do anything else.

#14

Don’t they usually give justify the circle. Guess you’re implementing a “wish neutral” strategy.