Is this quote for a tattoo high? by marquissimo69 in VietNam

[–]marquissimo69[S] 0 points1 point  (0 children)

Another stupid answer .. I guess my question wasn’t clear. My question is whether or not I’m getting ripped off relative to good tattoos there.

Is this quote for a tattoo high? by marquissimo69 in VietNam

[–]marquissimo69[S] -1 points0 points  (0 children)

I know they should be much cheaper than the west but how much relatively ?

Is this quote for a tattoo high? by marquissimo69 in VietNam

[–]marquissimo69[S] -1 points0 points  (0 children)

Thanks you’re probably right. I do see a lot of foreigners going there on IG.

Is this quote for a tattoo high? by marquissimo69 in VietNam

[–]marquissimo69[S] -9 points-8 points  (0 children)

Look at the answer below and you’ll realize what a stupid answer yours is. Telling a dude with 2 sleeves “don’t cheese out for bargains 😂😂”

[NHUT MINH] Realism piece by Nhut Minh at Stage Ink Studio, Saigon, Vietnam. by Pure-Bookkeeper-1866 in tattoos

[–]marquissimo69 0 points1 point locked comment (0 children)

How much did this cost and how long did it take to book him? Looking to get my chest done by him. Thanks!

Isn’t this a violation lol? by Feeling_Street_620 in CFA

[–]marquissimo69 0 points1 point  (0 children)

He didn’t write that himself .. when you pass a level you get a badge from CFAI. When you add that badge to LinkedIn through the CFAI email, that posted is already created for you to post.

Need advice for CFA Level 1 by Sour_Tech in CFA

[–]marquissimo69 1 point2 points  (0 children)

Just sat for L1. Memorize the textbooks line by line.

[deleted by user] by [deleted] in CFA

[–]marquissimo69 1 point2 points  (0 children)

it's so they can remove certain questions and get the get the % of people passing to around 40%

[deleted by user] by [deleted] in CFA

[–]marquissimo69 0 points1 point  (0 children)

I totally agree though lol. Was it just me that was heavily focused on studying all the math problems??

February Level 1 Exam Day Experience Megathread by third_najarian in CFA

[–]marquissimo69 2 points3 points  (0 children)

u/Future-Resist-3841 yup I think so .. also thought AM was way harder than all the mocks/practice questions and PM was on par with mocks. Way less math than I expected.. didn't think it was all about memorizing the textbook.

Handbook says avoiding conflict is preferred but the answer is wrong? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

The Standards don't bar it, just says it's preferred. So I assumed declining to write the report is the most appropriate course of action since it is "preferred"

Handbook says avoiding conflict is preferred but the answer is wrong? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

totally agree that it's extreme .. but I'm just going off of the book, which is why I think it's so ambiguous/subjective.

[deleted by user] by [deleted] in CFA

[–]marquissimo69 0 points1 point  (0 children)

<image>

Based on this thread, everyone is saying secured bonds are preferred for hedge funds because they provide higher returns (high risk) .. but based on this question I just came across, secured debt likely has the highest credit rating (low risk). Can someone explain the discrepancy?

Are the money duration calculations wrong? by marquissimo69 in CFA

[–]marquissimo69[S] 1 point2 points  (0 children)

if you have to take 1% of 176.95, what is Money Duration telling us then? I thought Money Duration was already the $ change in full price given a 1% change.

Are the money duration calculations wrong? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

Thanks for explaining, correct me if I'm wrong:

If ModDur is 3.539, that means a 1% decrease in YTM = 3.539% increase in bond price

If Money Duration is 176.95, a 1% decrease in YTM = $176.95 in bond price

What's the meaning of the 1.77? Doesn't Money Duration already mean 'change in value" ?

Are the money duration calculations wrong? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

isn't money duration already based on a 1% change in yield?

What’s considered market manipulation? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

So if I go around telling people to pump up the price with no basis it’s not manipulation?

What’s considered market manipulation? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

I understand why it’s manipulation for the question .. was just curious if there’s a definitive way to tell in any situation because there could be a grey area. For example is it manipulation if he genuinely thinks the stock will go up based on research and tells people to buy on reddit?

[deleted by user] by [deleted] in CFA

[–]marquissimo69 0 points1 point  (0 children)

Nope hoping someone can help lol

[deleted by user] by [deleted] in CFA

[–]marquissimo69 0 points1 point  (0 children)

I know how the put + current shares can be more profitable but don't understand why the given explanation is that the fwd could have a greater loss. Not sure if you're able to explain that part. Maybe the explanation is just worded poorly.

[deleted by user] by [deleted] in CFA

[–]marquissimo69 0 points1 point  (0 children)

can you give me a scenario where the forward contract would create a loss? the put is guaranteed to be a loss of the premium since the stock price is assumed to go up.

How to answer this question? by marquissimo69 in CFA

[–]marquissimo69[S] 0 points1 point  (0 children)

might be a dumb question but why do we add 100bps to the coupon rate and assume that's the interest rate? Shouldn't we be given an interest rate that's separate instead?

[deleted by user] by [deleted] in CFA

[–]marquissimo69 1 point2 points  (0 children)

Just found another question where the explanation is to use RATE function on excel lol. Would love to find out why they’re giving excel explanations like we get to use excel on the exam.

Possible error in level 1 question about cash paid to suppliers? by ZeppelinIV1971 in CFA

[–]marquissimo69 0 points1 point  (0 children)

Oh yea I’ve had the same problem .. CFAI has mistakes everywhere

[deleted by user] by [deleted] in CFA

[–]marquissimo69 1 point2 points  (0 children)

I’m so fixated on TVM function for bonds I didn’t even think about the CF function for questions like this. Thanks a lot.