Another curriculum travesty set aright

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S2000magician

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I know that y’all were worried about this, so I handled it.
In volume 3 of the Level III curriculum, reading 19, page 396, the second paragraph begins with this sentence:
The importance of benchmarks to owners of capital cannot be underestimated.
(My wife burst out laughing when I read that to her. No, she’s not a covered person.)
I contacted CFA Institute about this and just received a reply: they’ll be correcting it in future editions of the curriculum, perhaps to read that the importance shouldn’t be underestimated.
You may now rest easily. Future crises have been averted.
 
You and your wife need a rest!!!! The soonest!
 
I don’t get it, is that a grammatical error?
Reads fine with me.
 
MrSmart wrote:I don’t get it, is that a grammatical error?
Reads fine with me.
Click to expand...
Read it again, and really think about what it’s saying: it’s impossible to underestimate their importance:
  • “I think that benchmarks are really, really, really important.”
You may be overestimating their importance, but you haven’t underestimated their importance.
  • “I think that benchmarks are really, really important.”
You may be overestimating their importance, but you still haven’t underestimated their importance.
  • “I think that benchmarks are really important.”
You may be overestimating their importance, but you still haven’t underestimated their importance.
  • “I think that benchmarks are somewhat important.”
You may be overestimating their importance, but you still haven’t underestimated their importance.
  • “I think that benchmarks are sort of important.”
You may be overestimating their importance, but you still haven’t underestimated their importance.
  • “I think that benchmarks aren’t important at all.”
You may be overestimating their importance, but you still haven’t underestimated their importance.
 
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