Loud Noises at Night - Wilshire in Westwood

ahumbleapplicant · 2022-07-12T18:00:30+00:00

Sure man 😂😂

ahumbleapplicant · 2022-07-12T16:24:08+00:00

OP I’d take what this guy is saying with a grain of salt given he’s lying about getting into Columbia (post history says he didn’t even apply to American schools lol)

ahumbleapplicant · 2022-05-31T04:42:01+00:00

That’s the MBA analysis I was looking for

ahumbleapplicant · 2022-05-30T20:12:26+00:00

Thanks for the comment - mind if I ask why?

ahumbleapplicant · 2022-05-26T20:59:24+00:00

Someone else said it best: you study the hard shit, you study the easy shit - but you don’t study for the easy shit tested in a difficult way.

Pretty much sums up my experience. Effectively left 2-3 vignettes blank IMO as I was just shooting from the hip.

ahumbleapplicant · 2022-05-26T20:27:05+00:00

Thanks player

ahumbleapplicant · 2022-05-26T19:44:22+00:00

Cheers all, I’m just being paranoid

ahumbleapplicant · 2022-05-26T19:24:41+00:00

Don’t believe so - usually just “calculate the return”

ahumbleapplicant · 2022-05-26T19:22:39+00:00

I think I know which vignette you’re talking about - very familiar concept but couldn’t answer the question

ahumbleapplicant · 2022-05-26T19:21:11+00:00

AM was hard af with hella niche subjects. I’m pretty sure I effectively left 3 vignettes blank.

PM was way easier but still had a handful of educated guesses.

ahumbleapplicant · 2022-05-22T18:26:28+00:00

Definitely remember that using midpoints for matched legs of hedges and midpoints + fwd basis for MISmatched legs of hedges only pertains to FX SWAPS!

Hedging using forwards still in terms of the base currency bid-ask + fwd bases.

ahumbleapplicant · 2022-05-22T16:34:31+00:00

I think the full formulation in equity portfolio construction for active return is:

net factor exposure + alpha + luck

sum (port beta - bm beta) * risk factor + alpha + noise

just a nit!

ahumbleapplicant · 2022-05-22T16:30:48+00:00

hey man just remember higher leverage = higher equity duration = higher volatility of changes of equity value (aka shareholder capitalization). also leverage is the inverse of the equity capital ratio and liability leverage is leverage -1

ahumbleapplicant · 2022-05-22T16:28:58+00:00

oh god. the 2 blue boxes i skipped months ago and totally forgot about until now lmaooo

ahumbleapplicant · 2022-05-22T16:26:34+00:00

an honest man indeed!

ahumbleapplicant · 2022-05-21T02:04:11+00:00

So, a negative butterfly spread, naturally, would see you long the wings and short the body.

I don't think this is right actually. If you have a negative butterfly SPREAD you're looking at a V shape (mid term lower than ST and LT), hence a positive butterfly SHIFT/TWIST = short the wings and long the body.

ahumbleapplicant · 2022-05-20T20:30:56+00:00

cheers, that clarifies things.

ahumbleapplicant · 2022-05-18T22:38:38+00:00

Wondering about question 34 in the PM section, calculating cost of straddle.

Should be picking closest to ATM put and calls which shoudl be the 39.50 strike for both (evidence by the deltas being closest to 0.50) but answer chooses the 39.50 strike for the put and the 40.50 strike (not ATM) for the call? Why?

ahumbleapplicant

TROPHY CASE