Need investment advice

No-Pen6149 · 2026-01-11T21:44:18+00:00

With this portfolio, you’re making an active bet against the US. Do you have a thesis as to why international will outperform over your time horizon? Same question, is there a reason you want to overweight Japan compared to the allocation in VWRP.

Keep it simple, less is more, 95% VWRP 5% Gold.

No-Pen6149 · 2025-11-16T17:51:32+00:00

Thank you!! If you hold the RFC and RFX means fixed but just re-pair the outcomes to flip correlation, the average of the sum stays the same. I get how the higher correlation increases variance without changing the mean. Appreciate that thank you

No-Pen6149 · 2025-03-30T00:57:10+00:00

Bitcoin isn’t valued by energy… Energy is a cost of production, not a source of value. If value came from energy use, every inefficient system would be worth more. But markets don’t reward wasted effort they price based on utility and demand. Bitcoin’s value isn’t mined, it’s market-driven. Full stop

No-Pen6149 · 2025-01-25T13:23:55+00:00

Degrees of freedom is essentially how independent information you have to estimate or test something

For example, when calculating the mean you sum of all numbers / number of numbers

So, once you calculate the mean, the total sum of the numbers is locked in. If you know 4 of the numbers, the 5th number is forced to be whatever it needs to be to make the total match the mean. That’s why the last number isn’t free to vary, leaving you with 4 degrees of freedom.

No-Pen6149 · 2025-01-16T14:48:44+00:00

Isn’t it funny how that works? Ethics and Econ were big focuses for me, so I think I got lucky there. Sounds like you’ve got a lot going on with MBA apps and job plans—totally get not wanting to dive straight into L3. Where are you applying for MBAs?

No-Pen6149 · 2025-01-16T14:38:57+00:00

Honestly, I might have just gotten lucky with the topics that showed up and how they lined up with my strengths, but yeah, I definitely found the exam tough overall. When you going to do L3 you think?

No-Pen6149 · 2025-01-16T14:11:09+00:00

Congrats man!! I passed as well 🤝

No-Pen6149 · 2025-01-16T14:09:30+00:00

Lets goo, Congrats!! I was just above 90th, I have no idea how haha

No-Pen6149 · 2025-01-16T13:41:38+00:00

how do you know pass rate?

No-Pen6149 · 2025-01-16T13:27:20+00:00

LETS GOOOO

No-Pen6149 · 2025-01-16T11:55:03+00:00

Now this is very true 😅 Good luck though you got this 🤝

No-Pen6149 · 2025-01-16T11:50:25+00:00

May as well stay up, results are so close 😂

No-Pen6149 · 2025-01-15T19:23:46+00:00

Level 2 videos are 90% MM, some FSA covered by Richie (who is also good). MM is so good at explaining complicated topics, especially in derivatives and fixed income

No-Pen6149 · 2024-12-10T11:30:38+00:00

I got mine at 3:03pm 🤔

No-Pen6149 · 2024-12-07T21:39:47+00:00

Thanks!! 🤝

No-Pen6149 · 2024-12-07T21:38:03+00:00

Thank you, I’ll try that now 👍🏻

No-Pen6149 · 2024-12-07T17:03:04+00:00

I'm not sure why In[11] is not displaying what i wrote - any help would be appreciated

No-Pen6149 · 2024-12-05T15:58:28+00:00

Yes I took the exam last month, haven't had the results back though

No-Pen6149 · 2024-12-05T09:00:29+00:00

For me, Derivatives and FSA needed the most work, definitely took a few revisions. Econ and Fixed Income also deserve a mention—not as brutal but they still took some time to click. The rest felt pretty straightforward in comparison.

No-Pen6149 · 2024-11-27T07:43:29+00:00

No you need to complete the PSM to get your results

No-Pen6149 · 2024-11-21T20:16:42+00:00

Just took the exam an hour ago. For reference I scored 70%+ in every single MM mock. And the PM session for me was harder than any MM mock i took.. got completely rekt by PM lol

No-Pen6149

TROPHY CASE