CFA Video VC and Hedge Funds.mp4
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Thanks Arif for the great vids!
-Pakistan to USA, it's a great world we live in
wbreaka 3 months ago
@bdhar
If you're talking about the last slide that was an example of an exam question we might get, and the correct answer would be B. Hedge fund returns are often overstated because of the various biases discussed on the previous slide, and the standard deviation is understated because of infrequent pricing, and other biases as well.
wbreaka 3 months ago
Thanks for these fantastic videos !!
Just a quick question, may be I didn't quiet get it - is there any criteria mentioned for A, B and C, based on which these funds were concluded as 'overstated' or 'understated'? in other words, why std. deviation for A is overstated and std. deviation of B is understated?
bdhar 3 months ago