by John D. Simpson, CIPM | Sep 1, 2015 | CIPM Exam Tips & Tricks
In a previous blog post, I covered how one can make use of the statistics worksheet on the TI BA II Plus calculator to calculate standard deviation. In today’s post, I will cover the keystrokes for doing this on the statistics calculator on the HP 12C...
by John D. Simpson, CIPM | Apr 9, 2015 | CIPM Exam Tips & Tricks
An Expert Level CIPM candidate recently emailed me regarding a question on the sample exam found on the CFA Institute website in the CIPM Program area at this link. Specifically they asked a question regarding question #12, which asks about the shortfall risk of the...
by John D. Simpson, CIPM | Apr 8, 2015 | CIPM Exam Tips & Tricks
Readers of my blog at the former location may remember that I covered this subject in a previous post… somehow that post did not get converted to the new location of the blog on this website, so I am re-addressing the subject here. Thus, most of the content is...
by John D. Simpson, CIPM | Apr 7, 2015 | CIPM Exam Tips & Tricks
Continuing on the theme of errata, the CIPM Program recently made a change to one of the Learning Outcome Statements in the Return Measurement study session at the Expert Level. I am happy to see this change made, as I made this suggestion several years ago. One of...
by John D. Simpson, CIPM | Apr 6, 2015 | CIPM Exam Tips & Tricks
Last week I discovered an error in a diagram in the Fixed Income Attribution reading at the Expert Level of the CIPM curriculum. I have made CFA Institute aware of the error and suspect they will issue a correction soon, but I want to make candidates aware of this in...
by John D. Simpson, CIPM | Feb 18, 2015 | CIPM Exam Tips & Tricks
Occasionally when I am doing GIPS verifications, I come across situations where a firm has a fixed-life, fixed-commitment investment vehicle that they want to present performance for in compliance with the GIPS standards. Because the firm controls the external cash...