Stuffs that Schweser does not cover?

CFA Level II
#1

I think gross vs net IRR in private equity is one of them.

Kindly share with us which are the other topics not covered by schweser.

#2

There were a handful of small topics I stumbled across in prior CFAI mocks that I did not see in Schweser… I’ll dig into my notes and see if I can find them

#3

Gross vs. Net IRR was definitely covered in Kaplan

#4

Gross and net IRR are both covered starting on page 88 of Kaplan’s book 4

#5

CFAI books have calculated Gross vs Net Irr whereas schweser has just written few lines on it.

#6

@Galli:Ya sure,please do that.

#7

Here we go.

Some of these I could have easily missed in the schweser book but i’ll provide them anyways. Found this by taking prior mocks

“Blume Method” = Adjusted Beta for public companies

Testing for positive Serial Correlation

Equity Risk Premium = Ibbotson-chew

PV of growth opps = PV growth - PF no growth = Do(1+g)(r-g) - EPS / r

Expanded CAPM = CAPM + company specific risk + small size risk premium

Idiosyncratic Risk = Unsystematic Risk

Substantive Law: Focuses on the rights and responsibilities on entities and relationships amount them

Procedural law: Focuses on the protection and enforcement of the substantive laws

#8

thanks