Concise Responses in Essay Section

Rukus520

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What do you guys think of the following abbreviations:
1m - 100k = 900k
2 + .5 = 2.5%
$3 / ( 5% - 2% ) = 100
Client req 5.3%
avg risk tol, low risk taking ability
low liq needs
long time hrz
no spcl consid
no legal consid
tax rate 35%
Strat is short eqty long FI.
Premium based risk measures underest risk bc derivs low premium high risk.
Large cap vol < small cap vol
Entrprise Risk mgmt importnt bc …
opt asset alloc > 1/n divrs.
rates incr/decr results in curr depr/apprec
AA : asset allocation
EF: efficient frontier
RM: risk mgmt
PM: portfolio mgmt
 
No. Consider the fact that an essay may require you to write that your client is seeking a strategic AA because they fell off the EF, as well as RM and PM issues.
 
if oyu think about wiriting essays on the am section you will most likely fail. use short sentences and bullet points
 
Yeah, I’d wirte out the words, however this
Rukus520 wrote:
1m - 100k = 900k
would be very helpful! All these 0s just drive me nuts… But I don’t know wheter it’s permitted.
 
Rukus520 wrote:
What do you guys think of the following abbreviations:
1m - 100k = 900k
‘ok i think ‘
2 + .5 = 2.5%
” advise to put in the %.”
$3 / ( 5% - 2% ) = 100
“ok i think “
Client req 5.3%
“ok i think “
avg risk tol, low risk taking ability
“what the f u writing”
low liq needs
“wtf is liq and what the fu u writing”
long time hrz
“what the fuc u writing”
no spcl consid
‘what the fuck is spcl”
no legal consid
“what the Fuck u writing” and what is ur standard of shortening words? 3,6 letters?
tax rate 35%
“ok i think”
Strat is short eqty long FI.
“what the FUck is eqty and FI”…again what ur standard and does it follow the norm? i dunno since im way rusty in this
Premium based risk measures underest risk bc derivs low premium high risk.
“what the FUCk…….imagine ur the guy marking and u find whole words jumbled up with short forms, short forms that is not the norm like “underest”…..”bc”…..”derivs”……
Large cap vol < small cap vol
“ok i think”
Entrprise Risk mgmt importnt bc …
“what the FUCK is bc…..and “importnt” is “important”?……dude or girl…..its just another letter……the letter “a”……oh i get it! bc is because!……..but hey ur just one of the many papers……next!
opt asset alloc > 1/n divrs.
“u made me type 8 “what the F”(s)…..and this is the 9th “what the FUCK!”…divrs??…opt?? opt is a word, u know? opt = optimum? optional? ……c’mon man………even if u had a standard at least try to make it clear and easy on the marker…..u r at their mercy……..period
rates incr/decr results in curr depr/apprec
“ok…..actually i think i get ur drift…….u shorten words according to ur understanding and expect the markers to get ur drift as well…….u maybe think the norms to cut down letters from words is still too long……i got a useful tip…..think fast, write faster…..”
AA : asset allocation
“i advise u to write out unless u use AA so often then maybe write out the abbreviation at the start of ur answer…..do this for all the questions as the marker only marks ONE of ur question not all…..i thought is attract attention?…”
EF: efficient frontier
“i advise u to write out…..ernie’s fren?…”
RM: risk mgmt
“i advise u to write out…..relationships maker?…”
PM: portfolio mgmt
“i advise u to write out….professional masseuse?….”
 
Regarding responses in AM, i find it pretty hard to evaluate whether i wrote enough or not.
Example: 5 Portfolios are given and you have to choose the one, that fits the investor best and to give a reason why the others are not appropriate. Is it enough to write:
“Lower Sharpe Ratio than Portfolio A”
or do i have to write:
“B has a lower Sharpe Ratio (0,5) than A (0,8): (10%-6%) / 8% = 0,5”
 
steffl wrote:
Regarding responses in AM, i find it pretty hard to evaluate whether i wrote enough or not.
Example: 5 Portfolios are given and you have to choose the one, that fits the investor best and to give a reason why the others are not appropriate. Is it enough to write:
“Lower Sharpe Ratio than Portfolio A”
or do i have to write:
“B has a lower Sharpe Ratio (0,5) than A (0,8): (10%-6%) / 8% = 0,5”
I think that the first version is enough.
Maybe someone who passed can confirm that?
 
kobi wrote:
steffl wrote:
Regarding responses in AM, i find it pretty hard to evaluate whether i wrote enough or not.
Example: 5 Portfolios are given and you have to choose the one, that fits the investor best and to give a reason why the others are not appropriate. Is it enough to write:
“Lower Sharpe Ratio than Portfolio A”
or do i have to write:
“B has a lower Sharpe Ratio (0,5) than A (0,8): (10%-6%) / 8% = 0,5”
I think that the first version is enough.
Maybe someone who passed can confirm that?
maybe do ur workings around the area? do not have to write out the workings again and just directly use the 0.5 and 0.8 to justify ur answers.
 
Rukus520 wrote:
2 + .5 = 2.5%
I’ll sometimes write (2 + .5)% = 2.5% in my mocks. Would that be OK?
For 2 terms, it may not be worth it but if you have:
(1 + 2 + 3 + 4 + 5)% = 15%
It’s a lot shorter and conveys the same message than writing out the percent signs by hand:
1% + 2% + 3% + 4% + 5% = 15%
 
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