Dapper425

Zoya, I did notice this when I reviewed the Schweser and almost mentioned it last night but I was tired and wanted to just move on. It is the only piece of the puzzle that doesn’t add up, and I wasn’t sure if the error was particular to Schweser but you mention it is in the curriculum the same way (same sharpe for both) above, right?
Unfortunately I think we are just going to have to think inside of the box the CFAI wants us to think inside of, for these problems. As a matter of logic, I agree that it makes no sense to imply the sharpe ratio is the same (which implies the global portfolio is the same, or its an awful big coincidence that the local and global are the same sharpe).