Foundations - Delineating efficient portfolios

[Ryan S]

Hi David,

I wanted to ask your advice. I'm finding myself spending an insane amount of time reading through and trying to understand each and every detail of Modern Portfolio Theory by Gruber. For instance, I can't seem to wrap my head around the shape of the graph for when correlation is -1. I can't seem to get past page 56 with confidence.

And I'm finding now I've spent almost two days trying to inch through this piece by piece, and its almost a waste of time but I know its foundational so I can't move on! My question is am I getting too caught up in the details? I'm afraid what I'm doing now is going to get me behind if I keep this sluggish pace inching through the material. Should I read through it and try not to get too caught up, then revisit down the line if I need to?

Again, I'm just concerned my study pace is going way too slow...and despite me starting 5+ months ahead this isn't going to be good if I keep getting bogged down trying to understand each and every detail.

Thanks for any advice.

Ryan

 

[ShaktiRathore]

Hi
Just read and understand what you read but its not necessary to get into the details. But if you have time left behind after you cover your readings in first go then you can revisit the sections which you have not understand properly and get into details if necessary. But to make sure that you complete the syllabus on time just maintain a steady pace of studying with regular schedule and try to avoid unnecessary lengthy details but if time permits then you can go into the details.
Yes there is a way out of this if out of 5 topics you get stuck in 2 topics than you can get stuck with these 2 topics but make sure that you do not give unnecessarily large time to these because even if you have understand them 60-80% than you can always come back later at those topics which got stuck in and try to reach more understanding. I would advice to keep charts for the difficult topics and look through them day and nite and whenever the time permits before your study table or in front of bed wherever. This would help you to get familiarize with the topic and later on try to get better understanding.

thanks

 

[Ryan S]

Thanks Shakti, this helps.

 

[mb6]

Can someone confirm whether this section will remain on the exam? Thanks

Edit: nvm it appears to have been deleted.