Areas of the syllabus not covered by Schweser completely, themselves, something, anything, Taylor

Bluetick1010

Are there any glaring omissions from the Schweser notes?
I’m sure most people that have taken the 2013 paper will have said to themselves “wtf is the Taylor Rule?”  (unless I’m missing something!)
I’ve also read on AF that there’s a 3rd party mock exam that focussed on inverse floaters in fixed income, I don’t recall seeing anything on them in schweser.
Are there any other areas that Schweser missed completely or didn’t focus on enough?

malbec

One that comes to mind is the economic growth theories - Schweser gives cursory summaries and they’re important.  
Unrelated update:  I still hate Econ.

torontoanalyst

Oh, did they?  I haven’t looked at any videos.

ASSet_MANagemen

I agree the the Schweser notes didn’t cover the growth theories very well.  I’ve not used the videos so they may well have done a better job explaining them there.
I also still hate econ!  It’s probably the only topic that I haven’t found at all interesting.  I’ve even learned to like FRA but most of econ just pisses me off.  I’ve scored ok in econ in mocks though.

soverby

I’ve come across a few things (ibbotson chen, types of reits, blume method).  For the most part though, I doubt it’s that they forget to mention things but just deem them quite insignificant in the big picture.
As for the OP, i have ZERO idea about the taylor rule and inverse floaters on FI, so I’m going to agree that they were probably left out as well.

tango_gs

The CF reading about cost of capital, where you have the MM propositions, is very poor covered by Scheweser in my opinion. I have read it from CFAI and is much clearer.
I have read only 2 full readings from CFAI, the other one being Pension, which was not  clear for me after reading from schweser.

AndyNZ

Schweser left out all areas of the syllabus that aren’t refered to in the LOS, quite rightly in my opinion.
Overall I think Schweser did a good job of covering level 2.

mp3bu

ok the whole they did a good job but there are definitely areas they could improve.
I’m quite sure CFA deliberatly set a few questions a year that schweser haven’t covered

d2rockstar

So it has proven that they suck!