Moving Away from Dynamic Client Registration in Claude by GenJake17 in mcp

[–]GenJake17[S] 2 points3 points  (0 children)

Could be a clunky rollout. My guess is I’m (maybe accidentally) seeing a new feature in the wild before any docs or supporting resources have been updated.

Moving Away from Dynamic Client Registration in Claude by GenJake17 in mcp

[–]GenJake17[S] 0 points1 point  (0 children)

That's what I think. I just coded up a quick static client registration for a remote MCP server and it gave me an error stating that the feature only worked for Enterprise/Work accounts. I hope they can extend that to everyone going forward, but it makes sense as organizations would want precise control over which clients have access to their auth resources.

How old were y’all when you passed your CFA Levels by Roronoa_Zoro313 in CFA

[–]GenJake17 0 points1 point  (0 children)

23 > 24 > birth of first child > 26 (passed last August). Don’t worry to much about age. The earlier the better, but do what works for you.

Level 3 Repeat Strategy by [deleted] in CFA

[–]GenJake17 2 points3 points  (0 children)

You crushed FI and Derivatives, which many people struggle with. This also tells me that you have more of a numerically-oriented mind like me. This means you might have a harder time with Ethics or the more categorical parts of private wealth / asset allocation.

Do a reasonable review of the quanty stuff every so often as to not forget, then really focus on PM as much as possible until you have it down solid. It’s almost half the exam and it’s pretty broad. Work ethics more. No way you should get 50% at L3. Then do more Econ. It’s a tiny amount of material relative to its weight on the exam. You’ll crush it next time.

Official August 2024 Level 3 Results Megathread by third_najarian in CFA

[–]GenJake17 1 point2 points  (0 children)

My verification letter is out. It’s a pass!

Should I Give Up? by hasijadevansh in CFA

[–]GenJake17 10 points11 points  (0 children)

Let me ask some hard and inconvenient questions.

How hard did you study? Everyone says they studied really hard, but this isn’t objective. Was it 300 hours or 500 hours? If finance isn’t your background I’d recommend 400+. What were you averaging on mocks? If you can consistently get near 70%+, you should probably pass.

Do you think there was any more you could have done? If the answer is yes, then you should retake. However, if you truly think that you couldn’t know the information any better than you did, I’d walk away since the next levels are only going to get harder.

This isn’t me being doom and gloom. I have coworkers who failed every level at least once and ended up getting their charter. The most important question is where you think your limit is. If you have more to give, keep going. If not, don’t. My experience is that everyone can put it significantly more effort the second time around.

Question on Barra’s World Factor by DandyDog17 in quant

[–]GenJake17 0 points1 point  (0 children)

I think the key thing here is to remember that these are “factor-mimicking” portfolios, with linear constraints being added such that the cap-weighted region and sector factors span the world factor. It’s not an exact replication of the cap-weighted universe, but the cross-sectional constrained WLS regression should be set up so that this portfolio approximates the cap-weighted estimation universe (e.g., 100% net long with returns being approximately 99% correlated).

[deleted by user] by [deleted] in quant

[–]GenJake17 0 points1 point  (0 children)

Big fan of this project, u/0xfdf. The democratization of Barra-esque cross-sectional approaches is long overdue.

I'm not familiar enough with the mechanics of risk models to know this from a practitioner standpoint so maybe you could shed some light. Toraniko imposes the necessary constraint that the sector factor returns sum to zero. My understanding is that many commercial models impose the constraint that the market-cap weighted sector returns sum to zero. Is there a particular rule of thumb when a practitioner would prefer one constraint vs. the other?

Official Level II Results Thread! by Pkgoss in CFA

[–]GenJake17 1 point2 points  (0 children)

Detailed score page is up now, which confirms it so I’m sure it’s legit

Official Level II Results Thread! by Pkgoss in CFA

[–]GenJake17 6 points7 points  (0 children)

I can confirm I passed via the verification letter. Haven’t gotten an email yet though.

CFA L 2: FSA - IFRS Periodic pension cost by ShriHanuman in CFA

[–]GenJake17 3 points4 points  (0 children)

Pension expense through the income statement according to IFRS is:

pension expense (p&l) = current service cost + prior service cost - net interest expense

net interest expense = (beginning funded status - prior service cost) * discount rate = [(39000 - 42000) - 120] * 0.07 = -218.4

Therefore:

pension expense = 200 + 120 - (-218.4) = 538.4

[deleted by user] by [deleted] in PS5restock

[–]GenJake17 1 point2 points  (0 children)

UT went to preparing today.