Chief Admin Officer
Hi guys, I've read your publishing process, the replies in this forum and I understand it takes time.. But.. we're in May 2020 now! The curriculum has been available since December of something? The entire Chapter 4 in Credit Risk is still missing! I find this a bit disconcerting.
I am not going to comment on the curriculum being available since December or the fact that we are in May. Our publishing process hasn't changed, and since you stated that you read through this entire thread, there is nothing more that I can say to explain the process further and the time that is put into creating materials. I'm sure you realize that Bionic Turtle is not a huge corporation with unlimited resources (it is operated by two people).
It looks like you are referring to the DeLaurentis reading in the GARP textbook that is labeled Chapter 4. Your comment made it sound like an entire section is missing until I looked up what you were referring to (we don't label the study planner according to the GARP books. They are labeled according to the actual curriculum.) Yes, that one reading in Credit Risk does not have study notes published. The DeLaurentis reading has actually been discussed many times in the forum. We have provided practice questions for this reading and there are many forum threads discussing the concepts, which are probably better resources than any study notes that we could create for this reading. Not every reading in the FRM curriculum is worth writing study notes for. This is just ONE comment that David has made over the years regarding this reading:
HI @Linghan My book has +ROI*0.176 (?!). See below. Of course I agree with you, the signs should match. Re the parens, I agree with you they are confusing; better to simply use addition throughout (e.g., +MTCI, +SHARE) and enter their coefficients as negatives. When I was writing questions for De Laurentis, I sent them an email asking (i) if there was an errata and (2) is the XLS/software available, because I spotted several errors in the text. Candidly, it's lame book in my opinion, I don't like it. (I haven't received a reply from them). I hope that helps, thanks!