April 2012 MFE Progress Thread

[Aeitra]

VOOOOOOODOOOOOOOOOO

on those problems I find it best to summon my third great grandmother, and listen to her ramble in German for a while.

[LifeIsAPoissonProcess]

Originally Posted by Aeitra

VOOOOOOODOOOOOOOOOO

on those problems I find it best to summon my third great grandmother, and listen to her ramble in German for a while.

I hear German is the best voodoo summoning language. It include spirits of Einstein.

[Aeitra]

Really? I had debated my fathers ancestors, but they all speak spanish, and i'd worry that they start yelling PORRR QUEEEE, and soap opera'y things all the time.

[Aeitra]

Just finished H.2, Only 1 more TIA lesson left. =D

My study partner left for some regulator conference, so i'll be taking asm practice tests till monday.

[jemibly]

is anyone doing the TIA MFE Seminar next week in chicago? if you are, just wondering what everyones status is... and if anyone has been to that seminar, advice is welcome.

i've finished all the odd ASM problems, haven't started SOA problems or any PE's. i've also watched the TIA modules for the most part, except for the easier ones. but i haven't done any of the TIA questions yet (don't know if it's worth my time anyway honestly)

[MathAlwaysWins]

Originally Posted by jemibly

is anyone doing the TIA MFE Seminar next week in chicago? if you are, just wondering what everyones status is... and if anyone has been to that seminar, advice is welcome.

i've finished all the odd ASM problems, haven't started SOA problems or any PE's. i've also watched the TIA modules for the most part, except for the easier ones. but i haven't done any of the TIA questions yet (don't know if it's worth my time anyway honestly)

I am going to the TIA seminar. I watched all the modules and have been reviewing the tougher sections in ASM, (i.e. CIR/Vasicek, MCV, and itos lemma). I have done a few PEs in ADAPT, but haven't gotten over level 3 yet so I am really really hoping the seminar helps.

[LifeIsAPoissonProcess]

Started Lesson 1 practice problems. It's weird not dealing with volatility. I always feel like I'm forgetting something...

[cmack]

I am going through ASM Chapter 11 where we learn a slightly different formula for Historical Volatility than what we learned in Section 6.3. It is not completely clear. Which formula should we use?

I know the difference in answers with each formula will be very small.

[Aeitra]

Just got my AB practice questions, according to rough napkin math, I need to do around 22 a day to allow for 3 weeks of ASM tests (1 a day) to finish these completely and the tests completely before test day, /tries to study on saturday.

[Lord Vader]

Originally Posted by cmack

I am going through ASM Chapter 11 where we learn a slightly different formula for Historical Volatility than what we learned in Section 6.3. It is not completely clear. Which formula should we use?

I know the difference in answers with each formula will be very small.

The theoretical answer is to use the formula that squares the only the returns when h is "very small," but you probably already know that.

In the exam, I will use the formula which squares the difference between the returns and the mean return, by using the stat functions on my caluclator.

Unless we can think of a reason that would not be the best route to go...