swaptiongamma Explain “almost”… sitting and going thro’ a million lists (or reordering the lists in your mind) so it all comes out in a hurry on Sat??
Same here…
screw forgetting stuff, im actually getting questions wrong now coz of over thinking… FML btw, does net borrowing include change in short term debt too?
^btw, does net borrowing include change in short term debt too? yes Niraj: now you are overthinking
CP, how you doing buddy? Have you put the books to rest yet, or still crunching?
inflation passthrough: 1/[rho + (1-lambda)*I] intrinsic p/e: 1/r + [g/(r-g)] *(1/r - 1/roe) H-model: [D0*(1+gl) + D0H*(gs-gl)]/(r-gl)
SSS inflation pass through is 1/real r + (1-pass through) x inflation… PLUS, not minus
ohh shit thanks
it is so freakin hillarious to see brothers/sisters in misery :))
we had that fking confusing problem last year
have you guys seen the movie casino royale? I was just eating some dinner watching the movie…and the french villian goes to his broker short 1 million shares of XYZ company (the plane company). at that point I start thinking, would it be better to short or buy put options in case his devious plan doesn’t go right, wouldn’t put options be better from a risk management perspective? this is what the CFA does to you.
atleast you are thinking it correctly. I just forgot what receiver swaption means:(
BCH, ive been watching since the past hour 
he bought puts alright (M says so when she briefs bond)
cfaboston28 Wrote: ------------------------------------------------------- > atleast you are thinking it correctly. I just > forgot what receiver swaption means:( receive fixed, remember it is all related to fixed:) Let it go, rest for tomorrow. We would all make it this year. We made the effort and paid the due.
niraj_a Wrote: ------------------------------------------------------- > BCH, > > ive been watching since the past hour he bought > puts alright (M says so when she briefs bond) well see I found a discrepancy in the movie, Le Chife says to his broker short the stock…then when the plane doesn’t blow up and he is on the phone with his broker…th broker says the puts expired…how does editing not pick this up???
“Swaption” = “Fixed” I hope to see you all in Level III next year, but like most, I’m fed up and just ready to take this sucker.
muwaahahahahaah
niraj, banni, cpk, cfaboston…is the below correct? closely help co - used built up method, macroeconomic method, or beta estimated from benchmark emerging market co - use survey estimate developed market co - used macroeconomic model thinly traded - use bond yield plus (caveat must have public debt), or beta estimated from a benchmark
closely - built up method emerging market - no. You use local Rf + (Local inflation - US inflation) - there are many ways to calculate premium for EM devloped- yes. CAPM is good too Thinly Traded : Bond Yield + risk premium
I am forgetting things. To stop this happening, I picked up my notes and reviewing all the major parts. But I have gone through them 10^n times, now they are just like pages after pages of writings, not meaning anything. I hope I can still lock them in by reorganizing the list in my mind.