Author: Jérémie Smaga

  • Why should we use functional programming: a simple example

    Good evening, I’m just taking the time to add more content on functional programming. When I talk about this paradigm with programmers who haven’t had the time to work with it, they always tell me that the code is difficult to understand and that it would be difficult to maintain. I would like to show…

  • CFA Level I: that was it.

    Hi everybody, I finally took the Level I exam of the CFA curriculum yesterday. I take the opportunity to express my feelings about how my studies went and what my feelings were about the actual exam. As a matter of fact, I cannot disclose any of the specific questions I (and the other candidates) encountered…

  • CFA Level I: DuPont Analysis

    Hello again, Back to reality after the events of last week in the Premier League and last night in the Champions League with some … accounting, in a sense. The CFA Level I curriculum has a lot of question about ratios and a lot of questions ask how the return on equity ROE is affected…

  • CFA Level I: Hypothesis Testing

    Good evening, As I keep practicing towards the Level I exam, I want to finish my review of the  Quantitative Finance material. This post will hence be the follow up of my previous post. I will here discuss how you test a hypothesis on some statistical measure. General Concept The main concept is as follows,…

  • CFA Level I: Buying stocks on margin.

    Hi everybody, Today I’ll try to write several posts on the different things I looked at during my time in Tel Aviv, which will come to an end very early tomorrow morning. I will also setup soon a page where I will display my progress in terms of score percentage in my practice sessions as…