Drop what youre doing, fix this formula in 2012 Schweser Quicksheet

SS11: Equities in the 2012 Level 3 Quicksheet has

(total active risk)= SQRT((true active risk)^2 - (misfit active risk)^2))

The formula should ADD the misfit active risk under the square root sign.

(total active risk)= SQRT((true active risk)^2 + (misfit active risk)^2))

good catch.

omg. just dropped everything. thx.

This is in the errata section of the Schweser website - only noticed it a week ago.