Passed Part 2!! Thank you very much for the amazing program @David Harper CFA FRM and @Nicole Seaman, it feels so rewarding as last year in January 14 I purchased 1 year of BT prep for part 1 and part 2. Now, 1 year after I'm glad to say I have cleared both exams and it wouldn't have been...
Hi @David Harper CFA FRM and @Nicole Seaman,
I hope you're doing well. I was wondering, I was reviewing the note on the subject of this post and noticed the material for Hull chapter 17, "Fundamental Review of the Trading Book" is not contained in the study notes.
Is this expected or am I...
Hi Team,
Hope you're doing well. Found one error on the CVA formula when aggregating for n counterparties in R46.P2.T6, page 12. The formula given is missing the summation of the LGD components.
Thanks,
-Roberto
Hi Everyone,
Special thanks to @David Harper CFA FRM and @Nicole Seaman.
Proud to say I passed part one with 1-1-1-1. I used Bionic Turtle material for most of the topics; for really theoretical, content intensive I would recommend to go directly to the source (books) and read BT as a summary...
Hi @David Harper CFA FRM, it makes quite a lot of sense, thanks a lot for taking the time to share your advice, sounds like we have a strategy now :=)
Thank you too @emilioalzamora1.
-Roberto
Thank you @emilioalzamora1 and @David Harper CFA FRM for your response on this.
Apart from skimming throughout the whole booklet which makes quite a lot of sense, David what are your thoughts on the approach to respond/fill the answer sheet? Emilio suggested to answer on the booklet and save...
Hi @David Harper CFA FRM,
I hope you're doing well. The date of the May exam is around the corner and I would like your expert advice.
So, assuming the day of the exam, what would you suggest to be more efficient, practical, on the below topics.
Based on what I've read you receive a booklet...
Hi @Nicole Seaman, thank you very much for this, I could not be happier too! I also had an additional participation that I left to accrue from a few weeks back, I will redeem both for Amazon gift cards.
Thanks a lot again!
-Roberto
Hi Team,
I hope you're having a great weekend. I believe the below idea is inverted. On R30.P1.T4 page 10. If we refer to the below snippet it mentions the relationship of bond prices and ratings upgrade downgrades.
The idea on the first bullet is correct, however the highlighted idea on the...
@Nicole Seaman Thank you, I just wanted to verify they were not there because they do not exist yet and not due to maybe a technical issue.
Thanks a lot!
-Roberto
Hi Team,
Happy start of the week. Please find below another notation error within R.26.P1.T4.Dowd. On the weighting function for the VaR special case, the alpha should be = 1, to denote a single quantile. It is found in page 18.
Thank you Team,
-Roberto
Hi Team,
Happy start of the week. I was wondering, it seems two chapters on P1.T4 does not have any question sets on the study planner. Is this expected? I believe (haven't gotten there yet) but these are just conceptual chapters.
If this is expected can we imply these are not highly tested...
Hi Team,
I hope you're having a great weekend. Please find below an error found in page 30 R25.P1.T4.Allen. The power should be directly on top of the 0.9 rather than outside the parenthesis.
Thank you Team!
-Roberto
Hi @David Harper CFA FRM, thank you very much for this amazing response, I will definitely play around with the excel file provided and take a look into the suggested literature.
Thanks a lot and enjoy the rest of the weekend!
-Roberto
Hi Team,
I hope you're having a great day. I was wondering if you could help me understand the below idea, on page 8 of reading 25, there's a table in which it is calculated the parametric VaR for a 1D horizon and then extended to a 10D horizon using the square root rule.
My question is, from...
Hi @ShaktiRathore, thank you for your response. I believe this is a great approach intuitive and logical and I think that's the way we all would tackle this on a first encounter, still I think it is a little bit time consuming, nonetheless, I found that the calculator has a 'Date' workbook for...
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