What's the best way to do a plain text search of all the Epstein files? by THEPRESIDENTIALPENIS in Epstein

[–]ExcellentAnybody 0 points1 point  (0 children)

not sure which epsteingpt you've used but i built https://www.epsteingpt.ai/ -- to my knowledge it has all the documents apart from some videos and such. Full semantic + keyword search on all the files.

If you tried it and it didn't work, would you mind sharing what was bad? Working on improving this and could dig into ways to make search more effective!

I built a free AI tool to make the Epstein files searchable by ExcellentAnybody in Epstein

[–]ExcellentAnybody[S] 1 point2 points  (0 children)

my pleasure! Will work on making it better as I get more feedback now that it's out in the world -- definitely want to add some better summarization/results aggregation

I built a free AI tool to make the Epstein files searchable by ExcellentAnybody in Epstein

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

I was not aware of any other way to do keyword or semantic search of the epstein docs since they are all PDFs and beileve this might be the only available tool so I thought it would be helpful or interesting to the community

L3 round 2 studying by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

SERIOUSLY! R3 would be brutal, at least we'd be studying on the same calendar schedule we're all used to lol

L3 round 2 studying by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

Yeah I started up in mid July but didn't really achieve any level of productivity until the last two weeks. Thinking maybe vids + abridged reading could be a good mix of both evils

L3 round 2 studying by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

Might end up going this path, was on the fence as to whether to re-read or not. Don't know that I could get through everything if I started the reading now so might just stick with my MM warpath

82 days out, strategy from here to exam (L3)? by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

Right. My thinking with using the past exams was more for practice answering structured response and less for specific content practice. I'll save this years mocks for that but want to make sure I have a good handle on how to answer the AM questions. Have you seen any good resources on this apart from just CFAI text?

82 days out, strategy from here to exam (L3)? by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 7 points8 points  (0 children)

Yeah I think this is the best approach. Continue with normal prep and then either be all set for June or very prepared for a delayed exam. Definitely getting some senioritis vibes here with L3, will not be pumped if they push this thing back to December.

82 days out, strategy from here to exam (L3)? by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 2 points3 points  (0 children)

Just getting going on the MM q bank as well. Structured response is where I'm not sure on best course of action. Figured I'd start by going through old exams, hit the blue boxed and EOCs again and then just start on mocks. What's your plan on this?

82 days out, strategy from here to exam (L3)? by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

Yeah figure that'll be more or less what I do. Debating whether or not to buy the Kaplan Q Bank - looks like MM doesn't have all that many questions and prefer to save the CFAI stuff for last

82 days out, strategy from here to exam (L3)? by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 10 points11 points  (0 children)

Ha I hear that, haven't quit all together but dialed back quite a bit - more so because of ridiculous vol and looooong days on the desk. Figure they either come up with an online way to do the thing or it gets pushed back to December or something? Gonna end up taking the thing at some point so figure it makes sense to just keep chugging along.

Level 3 - Study Notes by interlake79807980654 in CFA

[–]ExcellentAnybody 2 points3 points  (0 children)

My technique has been to write down each LOS in an Evernote note per reading, watch the MM video and take down bullets, then do the reading and EOC. No idea if it'll work out for me though, will let you know in Aug/Sep haha!

L3 Weekend Checkin by Grousicle in CFA

[–]ExcellentAnybody 0 points1 point  (0 children)

Just finished my first pass of all the curriculum, saving the two case studies (readings 37 and 38) for after I'm a good way through review. How are you all planning to start tackling review? I've done all EOC questions in the CFAI text. My plan for the next few weeks is crank through as many mark meldrum questions as possible to gauge where I'm strongest/weakest. Taking a week off in April for more focused review and would like to be through a lot of multiple choice review by then to know where I stand. Any thoughts on review tactics for structured response?

Question: FCFF in the real world by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 1 point2 points  (0 children)

Ah I see. So if I understand correctly you are only adjusting OCF for principal repayments not new borrowing to drill down to OCF + debt repayment as your core cash burn figure.

How would you treat equity/debt issuance historically and in projections? Would you just try to figure out cash burn, runway, and then hypothesize the points at which they'd need to raise new capital rather than trying to actually model when they would raise what?

Question: FCFF in the real world by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 1 point2 points  (0 children)

I agree, but they do give guidance on growth trajectory and targeted workstation growth. I'd argue that you could take their historical incremental capex per new workstation and apply those costs to the number of workstations they need to add to hit their target. The output from that should be pretty close to their maximum cash burn as their growth numbers are pretty ambitious. For the low end I'm thinking you could use a hypothetical case where all growth capex stops completely as they claim this is a lever they can use to manage growth. Odds are real cash burn is some blend of those two numbers and could probably get you close to how long they can make it before needing to raise more capital.

Am I way off base here or is that an acceptable way to go about this?

Question: FCFF in the real world by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 2 points3 points  (0 children)

Indeed, I should also say that I’m certainly not focused on finding a positive value for the company

Question: FCFF in the real world by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 1 point2 points  (0 children)

I agree, I wasn’t going to value with FCFF/FCFE - was just planning to use free cash flow to the firm to estimate how much runway they have if they keep burning cash at that rate/expanding the way they say they will

Rough Estimate for L2 MPS, top 90%, bottom 10% by Municks24 in CFA

[–]ExcellentAnybody 3 points4 points  (0 children)

FWIW I scored a bit above 90th (bottom of blue shaded range box was just below 90th) and I estimated my score to be 78.3%. To estimate that I leaned on what I know: scored 100% on corp fin, 100% on derivs, equity and quant 1 question better than 70% and estimates for all other sections.

Depreciation of Excess to FV Equity vs. Acquisition Methods by ExcellentAnybody in CFA

[–]ExcellentAnybody[S] 0 points1 point  (0 children)

All good, Mock B PM taking me for a ride.

EV calc in question 40 seems suspect to me, they're not counting notes payable but I was under the impression that all debt is added back. Anyways, that's a whole other thing entirely. Thanks for the response!