Too many formulas to remember. Is it worth remembering? What would be a chance of full item set on this?
Pain in the @$$ for sure! Not sure if we’re required to know all the TB formulas, but I aint taking no risks.
The CFAI book says that candidates are not required for memorizing those formulae so no
Nevertheless, it is a very interesting reading
I still can’t figure out why the weights must be adjusted. I’ll try one more time tonight. Apparently this stuff is in Level III as well so you should definitely try to understand it.
treynor black makes my head explode ! holy F. i’d rather have my internal organs scraped out with a butter knife than memorize these models and regurgitate them on an exam.