I was looking around but could not find a dedicated thread with all the different Acronyms - although there are few threads for some topics. I was thinking of starting a thread and hopefully we can keep it at the top (sticky?) for everyone to see. I will start:
(SAMURAI)
S pecified in Advanced
A ppropriate – consistent with manager’s approach and style
M easurable
U nambiguous
R eflective of the manager’s current investment opinions
A ccountable
I nvestable
For Study Session 3 - Behavioral Finance
Emotional Bias (“LOSSER”)
L oss Aversion bias
O verconfidence bias
S elf-control bias
S tatus-quo bias
E ndowment bias
R egret Aversion bias
wouldn’t it be easier to use LOSERS instead of LOSSER?
Extension to classical immunization:
MILC
M ultifunctional duration(KRD) multiple- L iability immunization I ncreased risk C ontingent immunization
Investability of emerging market.
FLOAT:
Free Float is low Liquidity is low Ownership restriction Authorized investors are often institutional investors Tax, discriminatory * Repatriation of invested capital * Convertability of foreign currency
Financial Risks ERM
MCL
M arket Risk
C redit Risk
L iquidity Risk
There would also be Self attribution bias…so its becomes LOSSERS
The LOSSERS one is a big help. Thanks guys.
Rationales for trading in secondary bond market
4 times C, 2 times S, Yes,No
CCCC,SS,YN
C redit - upside trade
C redit-defence trade
C urve - adjustment trade
C ash flow reinvestment
S tructure trade
S ector-rotation
Y ield/spread pickup
N ew issue swaps
Residence Source Tax conflict resolution methods
C - E - D
C redit
E xemption
D eduction – usually highest tax level
Alternative Investments
LDDDA ( lydia to rhyme with 3 D’s )
L – Low Liquidity
D – Diversification Potential
D – Due Diligence Requirement
D – Difficult to Value
A – Access to Information limited
Information Processing Errors: Say it as InFAAMation- Framing Anchoring and Adjustment Availability Mental Accounting
Information Processing Errors: Say it as InFAAMation- Framing Anchoring and Adjustment Availability Mental Accounting
FAMA model in L1.
Availability Bias has 4 parts that I
C an - C ategorization
N ever - N arrow Range of Experience
R eally - R esonance
R emember - R etrievability
Macro Performance Attribution steps:
“NRABIA”
Net Contributions
Risk Free Asset
Asset Class Allocations
Benchmark returns
Investment Manager returns
Allocation Effects
Anyone have a good acronym for the 9 Forecasting problems?
Anyone have a good acronym for the 9 Forecasting problems?
can you please list them?
I have them as: Using Ex Post Data Data Mining Conditioning Information Misinterpreting Correlation Limitations of using Economic Data Data Measurement Errors and Biases Limitations of Historical Estimates Psychological Traps Model and Input Uncertainty