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Recent content by JamesVU2000

  1. J

    How to Fix the FRM: David's 2018 Memo to the FRM Committee and GARP's Board of Trustees

    For example David’s videos are vastly more useful than the exam and questions. Incorporating questions with applied examples is the way to go.
  2. J

    How to Fix the FRM: David's 2018 Memo to the FRM Committee and GARP's Board of Trustees

    If 30% of the questions are wrong it’s a good exam? If it has zero transparency and test is not electronic it’s a good exam? GARP doesn’t know how to test risk management. Most of the things are testing would be better on a computer in an applied setting.
  3. J

    How to Fix the FRM: David's 2018 Memo to the FRM Committee and GARP's Board of Trustees

    Plus, the constant turnover of the syllabus smells like a desperate attempt to unfairly take in fees. Things are not changing that often
  4. J

    How to Fix the FRM: David's 2018 Memo to the FRM Committee and GARP's Board of Trustees

    I would also like to point out that I know Nassim Taleb personally and he thinks people involved in the academic risk industry are incompetent. This means people like Jorion and the people behind the FRM.
  5. J

    How to Fix the FRM: David's 2018 Memo to the FRM Committee and GARP's Board of Trustees

    Wow. I just read this letter and I am in complete agreement with David. I think the FRM is a possibly a scam.
  6. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    does anyone remember what the last questions were in the blue book about sortino and sharp? i thought they wanted to know how they were related and i had no idea
  7. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    hmm. this doesnt sound like the same question.
  8. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    does anyone know why probabilites in the binomial were 5% and 10% or something close? I always thought it was p, 1-p. wonder if thats why i couldnt get the answer
  9. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    so i guess you would subtracted the dividend from the stock price? but did you need to compute present value too?
  10. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    = (39.03)(0.58) − (40)−(0.09)(0.5) (0.4359) = $ 3.671 . this is the answer from Hull with dividends. did they want use to computer the present value of the dividends? or was it a trick question. either way. the exam is way way way too difficult
  11. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    law of one price was near the end. I also couldnt believe they put in a put call arbitrage question. I had no idea how to solve it.
  12. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    I also struggled with the BSM question with dividend and the binomial. The vairation margin question was confusing. the end of the test sharp sortino questions left me clueless
  13. J

    Exam Feedback November 2019 Part 1 Exam Feedback

    the exam was impossible.
  14. J

    Errors Found in Study Materials P1.T3. Financial Markets & Products

    This is from Tuckman chapter one study notes. Should this be 100x(1+(.0125/2)? $100.55 = (0.5)[$100 + (1.25%/2)] → (0.5) = 0.99925
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