CFAI states that currency risk IS NOT a barrier to entry Schweser states overwise add your own, if you think Schweser goes against CFAI
barrier to entry??? What level SS is that?
CFAI states that currency risk isn’t a barrier to entry because currency risk can be hedged away.
^100% CFAI way.
I wonder where else schweser dropped the ball like that 
Currency Risk “Could” be a barrier to entry for an individual investor…It’s not like any individual investor is going to call up HSBC, UBS or the like and ask to sell forward $1,000 of Yen :). . . . So I see both sides. BUT I’m sticking with teh CFAI answer…
comp_sci_kid Wrote: ------------------------------------------------------- > I wonder where else schweser dropped the ball like > that Shweser included that I just forgot as there was no context surrouding “Barriers to Entry”
Barriers to Entry - “Porter’s 5 Forces”…