• Profile photo of John Moffat says

      As it says in the Lecture Notes that go with the lectures, you are expected to understand and explain portfolio theory but you will not be asked calculations. The calculations are in the lecture just to make sense of the discussion.

      ( We do not have lectures on this website that are not relevant to the next exam )

      • Profile photo of John Moffat says

        Ooops – I mistyped my previous reply (and I have now corrected it!!!)

        All our lectures for all papers are relevant for the next exams (otherwise we would remove them) and where relevant we add more lectures (as I have done recently for P4).

  1. avatar says

    If i were to rank a list of my best lecturers in my entire study course, i will definitely list Mr John Moffat the top, the video lecturers are straight to the point and simplified that it makes it easier for understanding. I really appreciate the entire team of open tuition taking all the effort,time and commitment to give this kind of opportunity free of charge accessible to any students globally.

    • Profile photo of John Moffat says

      Yes it is possible. The example is simply to show that is is possible to mix two investments and end up with lower risk than either (but that is not always going to be the case :-) )

      Do remember that you can not be asked portfolio calculations – you can only be asked to explain the principles. I only go through the examples to (hopefully) make the idea more clear.

    • Profile photo of John Moffat says

      If you read the last paragraph of the introduction to the chapter in the Course Notes, I make it clear that you are now only expected to know the principles involved and will not be required to use the formulae.
      As I explain in the note, I have left the examples in the notes just to help make the principles clear.

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