I just finished reading over reading 44 in the CFAI text (schweser didn’t seem to cut it)and am now starting to work through the problems. What a sharp contrast this relatively light reading is compared to problems you now have to work through. This is one reading where I find that the CFAI text doesn’t prepare you properly at all for in order to do the problems. Oh well, that’s my rant for the night…back to calculating market allocation effects…