YES YES INDEED! It's game over, man! I did it and this without reading half of the operational risk readings and without reading 'current issues' at all.
Anyway, David you are the 'man tonight' - this is for sure! I am comparing the win of the US open by Stan Wawrinka over Djokovic last year...
sorry guys, I am a Part II candidate and my status changed from saying 'yo have to pass part II until 2020' and now it is '
Your enrollment will expire on November 2021' and if I try to register for Part II it says 'there are no exams to register for'.
Strange!
Hi Nicole,
more than happy that Brian and I have been rewarded for our contributions to the forum. I would like to go for the $15 Amazon gift card (Nicole, I guess you have my e-mail address anyway).
Many thanks!
straightforward answer: yes, of course it is highly relevant and there is by far no other professional exam out there which offers continuously updated readings tailored to industry standards/requirements. It's superfluous even asking this kind of question. I would even say that anyone who works...
First of all it is key that you a get a solid footing in statistics and quantitative concepts using (among others) one of the following books (authors in brackets):
1. Statistics and Data Analysis for Financial Engineering (Ruppert) and Statistics and Finance (Ruppert)
2. Mathematics and...
Hi All,
I would like to add a couple of bullet points to the theory about the Information Ratio (IR) for a better understanding.
1.) In certain cases (in certain articles) alpha is defined as 'Tracking difference' which is the simple difference between the return generated by the manager and...
Hi All,
I wanted to raise the following topic and share my insights about Cash-funded vs. syntethic CDO and whether one of these requires the borrower notification/obtaining borrower consent? This could be of one of these tricky questions in the exam (similarly engineered questions have turned...
Hi David,
as promised I want to clarify a few things here.
First of all you don't mention that the Annualization Factor is calculated using the attached (copied) formula; to be precise the so called Annualization Factor involves the square root. Hence as in your post would be 3.16%, 3.79% and...
Hi All,
I just wanted to share an important topic which is unfortunately completely neglected in the GARP curriculum.
Under the assumptions of i.i.d we know that the following properties apply to the scaling of mean and variance (volatility) - I am referring to C. Alexander 'Market Risk...
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