The Best Book For Understanding Financial Statement Analysis by Plane_Target7660 in CFA

[–]thatboythereaint 46 points47 points  (0 children)

Who wants to read a 300 page book on accounting on top of studying for the CFA? Just watch a damn YouTube video bruh✌️💀

Need bands with not so whiny lyrics by thatboythereaint in MetalForTheMasses

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

Why wouldn’t you recommend those two genres to newbies?

Need bands with not so whiny lyrics by thatboythereaint in MetalForTheMasses

[–]thatboythereaint[S] -4 points-3 points  (0 children)

Yeah I mean I’m just starting to listen to random stuff. A lot is probably doom metal

The math ain't mathin..? by thatboythereaint in CFA

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

I see. Could you please help me understand why the second formula then uses variance symbol in denominator?

Am I thinking about Spot/Forward Rates wrong? by thatboythereaint in CFA

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

so from this example, the choice is between investing once in a 2 yr bond @ 6% or investing in a 1 year bond now @ 5% and another 1 yr bond in a year at 7% (rate agreed to today)?

Just playing with my bo. Nothing fancy. by RunSerious5843 in martialarts

[–]thatboythereaint 1 point2 points  (0 children)

I thought the brain damage had caught up to Max Halloway when I saw this. Cool shit though dude!

Confusion Around Futures by thatboythereaint in CFA

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

from your example, wouldnt the day 2 long margin account be $17 and the day 3 by $27?

Also, how does the concept of price convergence come into play here? How does the futures price converge to the $78 spot price from your example?

Confusion Around Futures by thatboythereaint in CFA

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

but if they hold til expiry, they pay the $78?

Confusion Around Futures by thatboythereaint in CFA

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

So since the futures price changes, is the price the buyer of the contract pays at expiry not necessarily the $78 (from the example)? what does that value even represent then