I couldn’t remember the what CML and SML corresponded to… so I pictured a “C” corresponding to the CML… and the “C” looked like the efficient frontier plot. So I remembered CML corresponded to the line tangent to the efficient frontier.

And the SML line corresponds to the Systematic risk. S = Systematic.

I remember platykurti and leptokurtic distributions by thinking that platypus is flat (flatter distribution) and lepto means you leap up (more peaked distribution).

Direct quote … Domestic first base… (think baseball) …The domestic currency is the base and comes first in the equation. (usd/cad) usd being the domestic and in the first base position.

Direct quote … Domestic first base… (think baseball) …The domestic currency is the base and comes first in the equation. (usd/cad) usd being the domestic and in the first base position.

Also remember that the numerator is in the same terms (inv measured in cost -> use cogs; payables measured in purchase price; AR is a reflection of sales)