Schweser Quicksheet especially, subjects, material, relevant, tonight

Nishant1

I did a first pass of it tonight (my Saturdays are not going to get much better for the next few weeks).
I think it’s terrific. Obviously useless if you don’t know the material, but if you do, great for retention, especially if you start remembering other relevant topics/facts/subjects as you read.
Only qualm is a mistake I found in the FI section–they say that nominal spread = OAS + option cost

tarik64

I believe that nominal spread and Z spread are aprox the same. (Schweser pg 79 Book 5) Rearrange that equation and you get nominal sprad - option cost = OAS; substitute Z spread for nominal and their you go.
Yes, I would rather have seen them put in Z spread on that as well. Another error is on the FSA section for Measure of earnings quality. They have the arrow pointing up; should point down.
Hope that helps

lunarfollies

nominal spread = z-spread when the yield curve is flat

RepoToronto

i noticed the earning quality thing too. at first i thought it was a mistake because i thought they were sayig that higher accruals ratio means higher quality.
then i thought perhaps they just mean that higher earnings quality is better.
either way, we know that lower accruals is better.

ayaz_mahmud369

yeah, they do have some mistakes in there for sure. it omits a lot of the material so i’ve made my own notes all over that quicksheet.

JonnyKay

To be fair, they put that arrow direction on their Errata sheet months ago…ever check it out?

tarunajwani

I tried writing formulas on my quicksheet also.. too bad the glossy face makes that impossible, so I end up engraving/destroying the quicksheet in the process.

amqata

I write notes on quicksheet using a cd pen. works perfect.