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Alternative Investments Quiz

The Calmar and Sterling ratios:

a) Are based on drawdowns based as indicators of risk.
b) Are applied to private equity returns.
c) Require an arbitrary adjustment.

NO EXCUSES

wow totally blank

A?

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Reading 36, page 88 v5

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A I believe...I think only the Sterling has the adjustment, so that knocks off C.

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These two are mentioned in ONE footnote in the entire curriculum. There's no way I'm learning this crap.

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A.

Sharpe...CLOSE...gaming...It may show up as a distractor.

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Answer is A

NO EXCUSES

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Calmer and Sterling...really bpdulog.

This is from a footnote in the CFAI reading and not addressed by any LOS. I would say maybe <1% chance this shows up on the actual exam.

If you know the "meat and potatotes" material like the back of your hand, its good practice, but I need to focus on the major stuff which will get me passed IMHO.

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