金程問(wèn)答
R25原版書Example 8-Macro attribution這個(gè)題目，標(biāo)黃的兩個(gè)數(shù)據(jù)是怎么來(lái)的，計(jì)算過(guò)程可以列示一下嗎？
老師您好，課后題172頁(yè)13題，bond index is not investable. 但是講義中broad market index is investable, 這兩者有什么不同？
請(qǐng)問(wèn)官網(wǎng)題25的圖中箭頭處的分母，為什么股數(shù)10,000前面沒(méi)有負(fù)號(hào)？而此前計(jì)算IS時(shí)（也就是分子各項(xiàng)）卻在股數(shù)前使用了負(fù)號(hào)
老師，這題是因?yàn)槭琴u出股票，所以才選cost最大的嗎？如果是買入股票的話，是不是opportunity cost(為零)才是最favorable的？
micro 或macro attribution analysis都是用bf模型嗎
怎么分別理解price benchmark ，trading strategy和trade algorithm？第10和11題都是考慮的arrive price，12題又選liquidity seeking，有點(diǎn)懵
Trading 課后題 reading 26 第2題，怎么看出來(lái)是對(duì)比了benchmark？
老師，這一題和R27課后題40題是一樣的，之前提問(wèn)過(guò)說(shuō)是題目有問(wèn)題，但還沒(méi)看到有勘誤，官網(wǎng)題又有，所以到底是題目有問(wèn)題嗎？
這個(gè)例子講義上答案解析說(shuō)基金經(jīng)理對(duì)小市值股票有微小敞口，這句話不明白，benchmark 中市值因子前面的系數(shù)是-1,portfolio 中的系數(shù)是-1.05，不是說(shuō)明portfolio更偏向大盤股一點(diǎn)點(diǎn)嗎？
官網(wǎng)題：While the buy-side trader executes the BYYP trade, Harding and Yellow review ValleyRise's trade policy document. After reviewing the document, Yellow recommends several changes: 1) add a policy for the treatment of trade errors; 2) add a policy that ensures over-the-counter derivatives are traded on venues with rules that ensure minimum price transparency; and 3) alter the list of eligible brokers to include only those that provide execution at the lowest possible trading cost. Q. As it relates to the trade policy document, ValleyRise should implement Yellow's recommendation related to: A. the list of eligible brokers. B. a policy for the treatment of trade errors. C. a policy for over-the-counter derivatives trades. 這道題請(qǐng)問(wèn)A和C為什么不對(duì)？
這道題確實(shí)非常confusing，我看了半天沒(méi)搞懂 investing in new investment和 investing with maximum flexibility哪個(gè)是不斷evolve的，我判斷是mm更適合因?yàn)閚ew?investment應(yīng)該是更不能predict的啊
老師，答案里說(shuō)這個(gè)fixed income 是有benchmark的，題目里沒(méi)見(jiàn)到有提及啊，怎么就判斷出它是有benchmark的呢？
老師，我覺(jué)得第一個(gè)是投資新主題，風(fēng)險(xiǎn)更大，第二個(gè)尋找錯(cuò)誤定價(jià)，確定性更大才對(duì)。
R25的case1第2問(wèn)為什么不選A:factor framework ? 文中說(shuō)“Bragg notes that the fixed-income portfolio manager has strong views about the effects of macroeconomic factors on credit markets and follows a top-down investment process.”
課后題186頁(yè)42題v的優(yōu)點(diǎn)可以寫成本低嗎？p的優(yōu)點(diǎn)可以寫value added potential嗎
程寶問(wèn)答
