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    How to get a job in financial risk management area?

    Hi Spenserzhou, Thanks a lot for sharing. I will certainly follow your advice if I really get an interview one day! :) However, after my thorough analysis of my own situation, I think I have one big (might be the only ) disadvantage over other potential job seekers, that I lack...
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    How to get a job in financial risk management area?

    Hello all guys, I think it would be great if you all can share your valuable experiences and thoughts about how to get a job in financial risk management area. :cheese: I guess many if not most of you are already working on this front or areas very close to it, such as trading...
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    Anyone knows how to leave a testimonial on BionicTurtle?

    Hi Suzanne, Please kindly find below my testimonials for David. Thank You! Dear David, Preparation for FRM Full exam is a long and painful journey, but you made me realize that it is possible and became my indispensable companion that encouraged me and reminded me never to...
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    Quartile Results

    Hi thanks Clark, for sharing this information. :) Does GARP reveal to us the quartile for our overall score?
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    Any Feedback on FRM 2009 Exam ?

    @shauncass: have you checked your GARP profile and made sure that GARP record of your email address is up-to-date?
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    Any Feedback on FRM 2009 Exam ?

    Hello guys, another thought I'd like to share is that: If our result "email" were indeed wrong as some people suggest, then the bug could be in the mailing server - the server is doing a lousy job in sending the wrong message. We can then double check GARP's database system by trying to...
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    Any Feedback on FRM 2009 Exam ?

    Hello, again I 'd like to say that just looking at feedback on these two forums is far from enough for us to say that the majority or "100%" passed. The sample is too small, we have an entire population of over 20 thousand candidates. What about those who never join the forums and those who...
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    Any Feedback on FRM 2009 Exam ?

    I think we can be more assured of our result after we check our relative performance on GARP website. If our score is in upper quartile, then we shouldn't worry any more. liming
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    Any Feedback on FRM 2009 Exam ?

    I agree with wolfhound. By the way, I think it's not very precise to think that all candidates received a "pass" email since it's impossible to obtain this statistics. It's only a guess based on people's feedback posted on the forum. What's more, it may be right to guess that those who fail...
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    Anyone knows how to leave a testimonial on BionicTurtle?

    Hello guys, Can anyone kindly teach me how to leave my testimonial on BionicTurtle? I passed the 09 FRM Full, all thanks to David's invaluable help!! I'd like to leave my positive remarks and recommend it to everyone!!! :D Dear David, you are truly the BEST teacher in the...
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    Anyone got their results

    HELLOOOOOO! THE RESULT IS OUT!!! I PASSED THE FULL EXAM!! :D Wish you guys BEST OF LUCK TOO!
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    Curiosity only - CFA, FRM - which one is more difficult?

    Hello, I'm actually not planning for a CFA certificate but I couldn't resist my curiosity for the above question. Is there anyone who has been through CFA and could share your opinion? My impression of CFA is that is more towards investment portfolio construction...
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    Any Feedback on FRM 2009 Exam ?

    Hi all, I have the same feeling towards the Full exam - morning session here in Singapore - overweight on wordy questions that makes me have to rush for almost last 30 questions within 30 minutes... I feel RELATIVELY at ease when doing the afternoon session...
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    Why is small actual volatitlity profitable for a long call option?

    Dear David, Appreciate your enlightenment on the FRM handbook question (page 335 Example 13.3 5th edition) below. The book's explanation is that the long call position is profitable when the actual volatility is small but this statement seems contradictory to what I've learned...
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    Suspected Mistake in FRM Practice question - Credit Spread Put Option

    Dear David, I suspect that I've found another mistake in FRM practice question - question 17 from Credit Risk Sample Exam (CD of FRM handbook 5th) (appended at the end). My basic reasoning is very simple: credit spread put option enables its buyer to profit from...
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    How Interest rate affects credit exposure of currency Swap

    Dear David, I don't understand the following sentences in blue colour (concerning the credit exposure for a currency swap as explained in page 515 of FRM handbook (5th edition)). Highly appreciate your kind help on this! It says that: A similar issue arises...
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    What is Risk Adjusted Performance (RAP) ?

    Dear David, I think I've done a few practice questions on performance analysis but this is really the first time I've heard of Risk Adjusted Performance ratio when doing question 47 (appended at the end) from Annotated II Power Practices, a ratio that doesn't require the...
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    Some Quick Clarification needed on percentile VAR and Uniform VAR

    Dear David, It is my first time to encounter such term as "percentile and uniform distribution VAR" when doing question 20 (appended at the end) in Annotated II Power Practice. I'm used to the percentage VAR which is usually expressed with the confidence level. However, when I...
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    Relationship between Haircut and Leverage

    Dear David, I recall I've read somewhere before that haircut gives leverage. I'd like to just verify with you about a very simple example I've imagined, which involves the haircut and the resultant leverage. A trader borrows cash with 10% haircut against a security that is...
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    Inconsistency Noticed - Surplus VAR

    Dear David, Can I check with you if there is some inconsistency in the zoho excel file (http://public.sheet.zoho.com/public/btzoho/e2-41) and the answer to question 42e from Annotate II (see the question at the end) . The Surplus VAR is 23.62% in the zoho...
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