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Week in Financial Education (May 3, 2021)

Hello, welcome to another WIFE! Our FRM forum was super busy last week. I wrote a long reply to the question (link below) about the interpretation of foreign exchange (FX) quotes. We have experience here. This is one of many examples of where we (members in this forum) prompted a correction to GARP's imprecise syntax... Read More

Week in Financial Education (April 19, 2021)

I hope you enjoy my latest time series question set (P1.T2.21.2). It was fun to develop these with actual code snippets. GARP's text (Chapter 11) on the Augmented Dickey-Fuller (ADF) might seem dense to readers, but you'll see that in R we can execute the test with a single function call, adf.test(). As a practical... Read More

Week in Financial Education (April 12, 2021)

I hope you enjoy my latest non-stationary time series (TS) question set (T2.21.1. below). As with the previous TS Q&A, I provided code snippets to add to the realism. For example, you can see how easy it is to determine the (unit root) polynomial roots. In that regard, I considered including a question that requires... Read More

Week in Financial Education (April 5, 2021)

This week we had a interesting question about the definition of duration due to an apparent difference between GARP's new material and Tuckman. It's a good chance to understand the math that underlies this fundamental bond risk measure. In external news, Archegos is a dominant story (and likely future FRM case study). Finally, David mentions... Read More
FRM week in risk

Week in Financial Education (March 29, 2021)

Hello valued visitors! We're bringing back Week in Risk but calling it Our Week in Financial Education until we find a better title. Maybe you noticed our exciting news? We recently joined CeriFi and look forward to broadening this forum's reach. The idea is to share a brief blog-like update from the week including selected forum threads that highlight interesting... Read More

Our New Accelerated CFA Level 1 Prep

Hello, fellow pro finance learners! We have exciting news to share with you: we are now offering CFA Level I test prep! For many years, members have asked us to offer CFA prep. David's reply was always the same: I would love to do that—especially given the hefty overlap between the FRM and CFA material—but... Read More

Bionic Turtle Has Been Acquired by CeriFi

We wanted to share some exciting news: Bionic Turtle has been acquired by CeriFi. You can read the press release here https://www.prnewswire.com/news-rel...s-acquisition-of-bionic-turtle-301242071.html. David started BT over 15 years ago (yikes!). His original vision was to build an entire online school. He started with the FRM because he loves finance and the FRM seemed to be... Read More
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Bionic Turtle’s Week in Risk – It’s Exam Week!

Welcome to our Week in Risk blog! It's exam week and we hope that everyone feels prepared for Saturday. Remember that our forum provides a great deal of information on the FRM concepts so make sure to stop by with any last-minute questions that you may have. We want to wish everyone good luck on... Read More

Bionic Turtle’s Week in Risk (May 5, 2019)

Welcome to our Week in Risk blog! The May FRM exam is less than two weeks away and our forum is getting very busy with questions and helpful discussions. This week, we've highlighted a few of those forum discussions here, along with new YouTube videos on fixed income and new de Servigny and Gregory practice... Read More
FRM week in risk

Bionic Turtle’s Week in Risk (April 28, 2019)

Welcome to our Week in Risk blog! This week's new FRM practice questions, written by David Harper, discuss predicting sovereign default (Damodaran- Topic 4) and collateral and the margin period of risk (Gregory - Topic 6). David recorded new YouTube videos covering gross versus net realized return and bond spread. We've also included helpful discussions... Read More
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Bionic Turtle’s Week in Risk (April 21, 2019)

Welcome to our Week in Risk blog! Our new FRM practice questions, written by CEO, David Harper, discuss country risk measures from Topic 4 of the FRM syllabus and collateralization agreements from Topic 6. David also recorded new YouTube videos covering different aspects of fixed income. We've also included helpful discussions from our FRM forum.... Read More