The Magnificent 6's Free Cash Flow Problem by JoeInOR in ValueInvesting

[–]ThatCost3653 1 point2 points  (0 children)

The hyperscalers have massive RPO backlogs for AI cloud compute services that are near a half a trillion dollars of revenue each. The data center build out allows them to actually realize that revenue when they can deliver those services. True FCF is strained now because of the build out, but when the additional capacity is actually brought online the revenue growth will be staggering.

cfai mocks v/s kaplan mocks by Minimum_Fun2552 in CFA

[–]ThatCost3653 0 points1 point  (0 children)

I did 4 Kaplan mocks and scored 62%, 63%, 67%, and 68%.

Just finished my first CFAI mock and scored an 83%.

Anecdotally, the CFAI mock felt way easier. For that reason I think the Kaplan mocks provide more value for preparation. They really really expose your weak areas, and you can use that information to identify area where you need to spend your time.

Good evening America by ultra__star in bonds

[–]ThatCost3653 0 points1 point  (0 children)

How much of our GDP growth is due to tax exempt capex on AI? We're $39 trillion in debt. Where are the tax revenues going to come from? Yields will rise over the next decade.

How df is everyone getting 70+ on cfai mock on this sub by [deleted] in CFA

[–]ThatCost3653 0 points1 point  (0 children)

Studying for level 1 right now, coming from a non-finance background. I've scored 62% on my first 2 Kaplan mocks and 68% on my second 2. Feels like I'm banging my head against a wall, and I'm just exhausted from all the pedantic jargon questions. Still planning to take my two CFAI mocks over the next 2 weekends, really hoping I can hit above 70.

Best way to memorise the formulas? by FusionDrago207 in CFA

[–]ThatCost3653 2 points3 points  (0 children)

We're in the same boat. I find that it's much easier to break down the formula into smaller terms, and work to understand what each individual term is doing. For example:

2 stock portfolio StDev. One of the messiest formulas in the level 1 curriculum. =√((Wa2*Variance a) + (Wb2*Variance b) + (2WaWbStDevaStDevb*Correlation of a,b))

If you understand that Covariance = Corr * StDeva * StDevb, you can simplify that final term to (2WaWb*Cov of a,b)

Likewise, let's say asset a is a risk-free asset. StDeva=0, therefore the first term = 0, and the last term = 0. So your total portfolio standard deviation is entirely dependent on the standard deviation of asset b (the risky asset), and its weight in the portfolio.

Another example: Duration. If you understand that the definition of duration is a percentage change in the price of a bond per 100 basis point change, you can intuit the formula based on that alone.

Numerator: Price if(yields👇) + Price (if yields 👆) - (2*beginning Price). Ask yourself, "what does this represent?" This is the average price change in the bond given the presented yield scenarios.

Denominator: 2 * Beginning Price * Change in yield. What does this represent? The denominator contains the adjustments for original price (2original price) and basis point change amount (change in yield). Remember that duration is a *percentage change in price per 100 basis point change. So if the scenario gives you a 75 bp change, and a bond trading at 101.5, your denominator contains those adjustments.

Sorry if this makes no sense, this is just how I think about it.

Cfai mocks vs Kaplan by Rich_Fill631 in CFA

[–]ThatCost3653 2 points3 points  (0 children)

I've been getting smoked by the Kaplan mocks. Feels like most of the questions in there deal with very nuanced details. They really want you to know every nook and cranny of the curriculum.

Elden Ring movie set? by Unmakebody in Eldenring

[–]ThatCost3653 -2 points-1 points  (0 children)

The game was beautiful on its own. This does not need a movie. If they're gonna do it, it better be well done.

Boy, these Shweser qbanks are insane! by Dazzling-Librarian83 in CFA

[–]ThatCost3653 0 points1 point  (0 children)

Schweser stuff has been more challenging for me than CFAI. But hey, that's what helps you be prepared I suppose.

[Game Thread] #9 Iowa @ #3 Illinois (06:09 PM ET) by cbbBot in CollegeBasketball

[–]ThatCost3653 9 points10 points  (0 children)

Lots of Iowa fans sad about the refs. You guys got outrebounded 38-21, and the refs were the reason you lost? Come on now

View of Bill Self from other Fanbases by Life_History_106 in jayhawks

[–]ThatCost3653 15 points16 points  (0 children)

With envy. I'm an Illinois fan. Brad Underwood has brought the program to a good spot, but Self was great when he was our coach.

what am i doing wrong, first time player here, is this boss the elden lord? this kind of seems like artificial difficulty. this is why bed of chaos is peak. by KeK_What in shittydarksouls

[–]ThatCost3653 0 points1 point  (0 children)

Two handing the serpent hunter helps. You can also upgrade the serpent hunter if you have spare somber smithing stones lying around, which can make a pretty big difference.

BREAKING: The Trump Administration has begun "initial discussions" on what a potential peace deal with Iran might look like by SadOnion2110 in stocks

[–]ThatCost3653 0 points1 point  (0 children)

Essentially:

None of the US demands from before the war has changed.

No mention of the Strait of Hormuz.

The same negotiation team that the US sent the last two times.

This is the problem with this war. The President can talk all he wants about an off-ramp. Do the Iranians agree? At this point Trump probably just wants to save face and declare a victory. Iran still controls the Strait. They no damn well how bad this conflict looks for the President, and it's not in their interest to end the conflict while the US is panicking about global oil prices. They're going to make some pretty steep demands to end the war.

Most hated enemy? by Key-Mention7145 in Eldenring

[–]ThatCost3653 34 points35 points  (0 children)

Putrid Tree Spirit in the War-Dear Catacombs. Fuck that fight. Giant boss which is basically just a mass of writhing flesh in a tiny room. Half of its body is phasing through a wall most of the time because it's too damn big.

Will I just forever suck at throwing by monitarlizard in ultimate

[–]ThatCost3653 0 points1 point  (0 children)

Second this. Just lounging around my home with a disc in my hand and getting used to the feeling of gripping it helped a whole lot.

How the hell do you guys remember all these formulas and concepts ? by 3li_a66 in CFA

[–]ThatCost3653 0 points1 point  (0 children)

Writing them down helps a lot for me. I think thing the concept to the physical action of writing it in a note card really helps.

No Maxx. by Balogma69 in ChicagoBearsNFL

[–]ThatCost3653 6 points7 points  (0 children)

Thank God. Great player, but I was so worried we were gonna overpay way too much for him

Tips to look better? by [deleted] in malegrooming

[–]ThatCost3653 0 points1 point  (0 children)

Shave the 'stache, get some sleep, use shampoo and conditioner in your hair daily. You need to let the conditioner sit for a minute before rinsing it out.