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标题: What topics do you REALLY hate? [打印本页]

作者: MarginofSafety    时间: 2011-7-13 13:27     标题: What topics do you REALLY hate?

And don't say all!

I would say

- time series
- anything with FX esp indirect/direct nonsense
- binomial trees in fixed income
- Temporal vs current method ratios
作者: smuggycfa    时间: 2011-7-13 13:27

emerging market calcs...I have trouble collating the data and then applying nominal to real rates.
作者: llxx    时间: 2011-7-13 13:27

FRA all!!
Alt Inv all!
Time series
currency swaps
Residual Income
FCF
half of PM
作者: Sportsman    时间: 2011-7-13 13:27

I love FRA (!!) in general and Equity but hate a little bit pensions and Private Equity rounds respectively.
The first topic I really hate is Corporate Finance and especially the calculations of the CFs, outlays and TNOCF.
The second one is Economics. Not the theoretical staff of course, but all the things that have to do with triangular arbitrages and real exchange rates. I also hate Portfolio Management a little bit, which is much more intense than in L1.
作者: neil1234    时间: 2011-7-13 13:27

Derivatives and most of PM
作者: hassan    时间: 2011-7-13 13:27

I love all of it. Its like women. you don't understand them fully .ever. You love them nonetheless.
作者: BelalM    时间: 2011-7-13 13:27

I liked the binomial model and currency swaps.can't say I have understood them fully.
作者: Kapie    时间: 2011-7-13 13:27

Hate exchange parity relations.

Hate pension accounting.

Kind of hate forwards/futures.
作者: Analyze_This    时间: 2011-7-13 13:27

portfolio mgmt, econ, and quant...
I hate them all, expecially portfolio mgmt.....
作者: xilinx_altera    时间: 2011-7-13 13:27

anything with currencies. and anything with numbers.

also anything that talks about numbers or finance or currencies.
作者: spreads    时间: 2011-7-13 13:27

This chapter of my life
作者: yodacaia    时间: 2011-7-13 13:27

Quant. F test, t stat, mr watson....Thought he was a professional golfer.
作者: flyinggirl    时间: 2011-7-13 13:27

I hate problems (ethics and whatnot) which start out saying something along the lines of "Last year Julie Harmon passed the Level 3 CFA exam." In doing so, they are creating a CFA success story out of thin air. Poof.

IMHO, they ought to start the example mentioning the hundreds and hundreds of hours studying and misery that "Julie" went thru to get there. Not to mention however the hell she passed those 3 levels and then can say something as dumb as "My fund can guarantee a mimimum 10% return," and then also goes and allocates hot IPO shares preferentially to her own account.
作者: thecfawannabe    时间: 2011-7-13 13:27

I dislike multinational operations, private equity and portfolio mgmt.
作者: economicz    时间: 2011-7-13 13:27

efitzpat Wrote:
-------------------------------------------------------
> I hate problems (ethics and whatnot) which start
> out saying something along the lines of "Last year
> Julie Harmon passed the Level 3 CFA exam." In
> doing so, they are creating a CFA success story
> out of thin air. Poof.
>
> IMHO, they ought to start the example mentioning
> the hundreds and hundreds of hours studying and
> misery that "Julie" went thru to get there. Not to
> mention however the hell she passed those 3 levels
> and then can say something as dumb as "My fund can
> guarantee a mimimum 10% return," and then also
> goes and allocates hot IPO shares preferentially
> to her own account.

+1
作者: ningning1984    时间: 2011-7-13 13:27

Hate treynor-black.... it introduces way too many new formulas way too late in the curriculum
作者: Houjichasan    时间: 2011-7-13 13:28

i can't swap it like its hot.
作者: wizofoz    时间: 2011-7-13 13:28

im w/ passme - cant get ethics no matter what - too many ways they can kick u in the nuts.
also the millions of minor details in FRA. last n least i hate my new 'CFA gut'
作者: tarunajwani    时间: 2011-7-13 13:28

anything quant and swaps
作者: madaochenggong    时间: 2011-7-13 13:28

Ethics ....
作者: busterbluth    时间: 2011-7-13 13:28

pedpenny Wrote:
-------------------------------------------------------
> This chapter of my life


+1
作者: stalkey    时间: 2011-7-13 13:28

Definitely quant
作者: WarrenB1    时间: 2011-7-13 13:28

efitzpat Wrote:
-------------------------------------------------------
> I hate problems (ethics and whatnot) which start
> out saying something along the lines of "Last year
> Julie Harmon passed the Level 3 CFA exam." In
> doing so, they are creating a CFA success story
> out of thin air. Poof.
>
> IMHO, they ought to start the example mentioning
> the hundreds and hundreds of hours studying and
> misery that "Julie" went thru to get there. Not to
> mention however the hell she passed those 3 levels
> and then can say something as dumb as "My fund can
> guarantee a mimimum 10% return," and then also
> goes and allocates hot IPO shares preferentially
> to her own account.



To add on to this, I hate the unnecessary inclusion of inane facts about the charterholders in these questions. Every single one is like "Cody Smith, CFA and avid windsurfer, was analyzing some financial ratios".

The ethics vignette's are horrible in general. I find myself having to make a flow chart of who everyone is. They all live in this world where people are always making TWO STATEMENTS in the middle of lunch about interest rate caplets or something.

Also really disliking pretty much all of quant that involves detecting and correcting regression issues.



Edited 1 time(s). Last edit at Thursday, May 26, 2011 at 11:35AM by EastCoastJ.
作者: kingstongal    时间: 2011-7-13 13:28

I definitely hate all of quant. The stuff just doens't make sense like the rest of it. I also don't like the derivatives sections, too many formulas to remember.




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