if you go to the actual LOS on the CFA site, they make it clear out to the side that the candidate is NOT resposible for memorizing or deriving formulas for 2008. ROCK ON!!!
*sniff sniff* that’s the best news I’ve heard in a long, long, long time…
Hold on a second… It says that candidates are not responsible for memorizing/deriving formulas in reading 71 section 4-6. That’s it. There ARE sections outside of 4-6 that include formulas. (Like 2,3, 7, 8,9,10). http://www.cfainstitute.org/cfaprog/resources/pdf/LII_SS18.pdf
yes…but it’s the TB that made people weep
That’s awesome! I just going to ask about memorizing the Treynor Black formulas. I have the general idea of what you’re doing, just not the details of all these formulas.
jabroni Wrote: ------------------------------------------------------- > Hold on a second… > It says that candidates are not responsible for > memorizing/deriving formulas in reading 71 section > 4-6. That’s it. > There ARE sections outside of 4-6 that include > formulas. (Like 2,3, 7, 8,9,10). > > http://www.cfainstitute.org/cfaprog/resources/pdf/ > LII_SS18.pdf I don’t think those are sections. not even sure what those are. the actual sections are denoted with a solid blue bar. their are 6 of them for reading 71
AWESOME!!! (one year too late…throws self out window)
I don’t think we had to know the equation last year either.
you guys should just memorize them (if you have time). you may not be required to do so but they can still ask you a qualitative question that can be easily answered by knowing the formulas
“I don’t think we had to know the equation last year either.” Well, that tells you how much I knew about the topic. I couldnt tell you what any of the questions were except for the one about discarding negative alphas (which I got wrong).