#FRM Part 1
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ulurn1 · 5 days ago
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finuture · 11 months ago
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Backtesting techniques serve as a robust method for validating the accuracy of Value at Risk (VaR) models. Within this formal statistical framework, the objective is to assess whether the realized losses align with the anticipated losses.
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zelledu · 11 months ago
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FRM Syllabus
Similar to an exciting book, the FRM (Financial Risk Manager) curriculum takes readers on an engrossing trip through the complexities of financial risk, with each chapter revealing a new secret about risk management. The syllabus covers a variety of risks, including market risk, credit risk, operational risk, and more, moving from basic ideas to sophisticated risk models. Think of it as a road map for mastering risk, providing you with the information and abilities needed to understand the language of financial risk. Every section is enlightening, whether you're investigating risk governance or quantitative analysis, and it will get you ready for the successes and setbacks that lie ahead in the exciting field of risk management.
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nervoussuitgladiator · 1 year ago
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akashi2 · 2 years ago
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milescpareview · 2 years ago
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Can you spot an opportunity in every risk? We have a career waiting for you! Plunge into your Finance and Accounting career with Miles Education. Miles Education in an exclusive collaboration with Kaplan Schweser is now offering the best CFA and FRM program study package in India. 
Enroll Now: https://blogs.mileseducation.com/frm/how-to-become-a-certified-financial-risk-manager-frm/
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lemongogo · 2 years ago
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one day i will post eriks art .and rhe world will sing
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ananyasethsah · 8 months ago
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zincbot · 1 year ago
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i can't focus on any of the stuff i'm trying to do I NEED TO DO SMTH ACTIVE GRRRR
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vagabond-umlaut · 8 months ago
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you kiss the back of my legs and i want to cry
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only the sun has come this close, only the sun
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gojo satoru x wife!reader; tooth-rotting domestic fluff; gojo LOVERBOY™️ satoru; you aren't any better than him [but less poetic abt the predicament]; tw: pregnancy, 1 tiny mention of throwing up; satoru calls you 'cookie'; and he redefines the word besotted here; his thoughts are also a little yandere-ish but tht's cute, methinks; 2.3k wc; i just wish satoru was real and in my arms rn T-T
belongs to the series 'you make my heart flutter and fibrillate' but can be read as a stand-alone fic if you wanna
the fic title and summary don't rly hv a very strong connection to the fic plot— except the fact they fit both satoru's & reader's characters in this series to a tee ^_^
fic title and summary from 'gps' by shauna barbosa // header frm pinterest // divider by @/benkeibear // jjk isn't mine
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you are clingy.
always have been, in fact, now that gojo thinks about it. long before the two of you were married. long before you were engaged. quite a long time before the two of you were anything apart from friends at best, acquaintances at worst.
yet now, as he feels a pair of arms squeeze tighter around his middle, not really still very much squeezing the air out of him— your husband reckons you've grown loads clingier now—
and he loves you for this. loving you even more when he feels kisses being pressed into the space between his shoulder blades.
soft lips, a tad chapped. not without the shy grazing of your teeth.
just how he likes it.
very much how he adores you.
affection, settled deeper than should be feasible into the hollow of his chest, flutters a little when you nuzzle into his back; that pleased little hum of yours quick to follow it. smiling, gojo turns his head a touch to catch a glimpse of you. it takes a beat before you remove your face to lock eyes with him, before returning your face to his back.
he huffs a chuckle, sounding incredibly fond all the same. his feelings for you can never be suppressed anyway. time has proved this to him enough number of times.
he runs a finger down the length of your arm, relishing how it leaves a line of goosebumps in its wake—
"you wanna tell me something, cookie?" your husband finally asks.
your reply doesn't come immediately. and when it does, it is nothing more than a noncommittal noise. too spoiled. too stubborn. a bit too satisfied as well, the emotion further expressed when you nuzzle his back yet again.
gojo's smile grows bigger. his cheeks hurt a little.
he thinks he can live forever with this kind of pain, not even a sigh of complaint ever leaving him.
"aha—" he exclaims loudly, still soft enough to keep the quiet of this sweet bubble you've pulled you both into, "so it's just my irresistible charm that's making you so clingy tonight, hm?"
another beat passes.
and just when he thinks he might have to do with another one of your indistinct sounds for an answer, you speak. to be more precise, whine and grumble, everything so sweet in your adorable voice.
"it's not me being clingy, 'toru— it's the baby— the baby is making me so clingy. making me feel as if i can't live even for one second without squishing you like thisss!!!"
the first reaction your tightening grasp brings out is the wind getting knocked out of his lungs— the second reaction being all that oxygen, nitrogen and carbon dioxide being replaced by a feeling so fierce and so tender— the strongest thinks his knees would have buckled under its weight had he not been lying down but standing—
not that he really minds that, though.
for you, he's always on his knees. whether you ask it of him or not. the only light in this world he is willing to bow his eyes before.
it takes him not too much effort but gojo makes a point of struggling whilst he shifts in your hold. and grins when he finally comes face-to-face with you, drinking in the way your brows are puckered and lips a little parted in an incredulous expression.
his grin simmers down however, when his six eyes notice the spark in your tummy. so tiny. so blinding. so priceless— to him and you both— he knows this, surer than he is of the scars on his palms.
thumbing the hem of your t-shirt, he hums, dragging his eyes back to be drowned in yours, "how many weeks along are you, wifey?"
"satoru," you start, voice turning sharper and just as skeptical as your face was, still is— only to be shushed by a finger to your lips. the man addressed feels his heart skip a beat at your confused big scowl— it's got to be a crime to be as cute as you— really!!!
he pinches your cheek lightly.
"it isn't like i don't remember that, cookie. i just wanted you to say it— c'mon, tell me quickly!" he presses, noting then utilising the moment your face begins to lose its cynical hue over his words.
the scowl lingers there however, twisting your delectably pretty lips—
"nine weeks," you say, hooking a leg over his waist to pull him closer. can he be any closer to you, though? your answer is always a yes, he knows you well enough to know this.
"thirty-one weeks more before we meet our baby."
it's not exactly thirty-one weeks; it's thirty weeks and five days before either of you can meet the baby, but gojo decides not to point out the error. you always hate it when he points out your tiny errors and make a point of snarking about it every time he opens his mouth to speak a word next— the man is wary not to upset his wife, yes, thank you very much.
he offers a sage "hm" in response, one he observes you accept slowly. the scowl lifts itself into a curve so fond— gojo thinks once before he vaults his next query your way. not wanting to see that smile vanish in front of him—
the ask won't cause anything so. but he can never be too sure. he has read too many books and articles to not grasp how fragile pregnancy hormones can make one be.
he tucks a strand of hair behind the shell of your ear.
fingers tarrying there when he sees you lean into his touch— not akin a moth to a bright flame, no. he can never hurt you. not even for once in his wildest dreams—
but how the north pole of a magnet hurries towards the south pole of another magnet. so different in their nature, a perfect pair of opposite crafted by the nature— maybe that's why nothing can ever stop them from rushing to each other once they're proximated, the lines of their mutual attraction existing even when thousands of miles apart.
just like you and him.
contrasting, complementing, completing each other every instant, in every facet of life.
he lets his fingers dance through the tangles in your hair, unravelling the knots in there. that pleased little hum of yours reaches him once again.
stowing the sound away, later to be placed on a pedestal in an ornate glass case as the most valuable praise ever given to him for his effort, he runs a gentle hand, nails scratching your scalp carefully.
"and at nine weeks old, just how big might our baby be?"
"i think there is a chart comparing our baby's size to fruits..." syllables unhurried and a pinch mumbled, you press your heel to draw him in a little more. "i did not really read that too attentively— oh. but. yeah!" a grin forms on your features, sleepy still twinkling in excitement.
"shoko sent me a link to this website earlier today— any ideas, 'toru, what it might be about?"
gojo does have an idea. he has a very, very good idea.
but he chooses not to say that aloud. you look so extremely adorable when you are being this excited. he would hate nothing more than to see your amped up self getting interrupted by him.
he shakes his head. your grin brightens. eyes crinkling with a glint, he can tell even without looking, is knowing.
the tips of your fingers caress his bare back, softer than a breath. "it's about when our baby forms which organs— our baby's eyes are being formed now!!! isn't that too cute, 'toru?"
"it is, cookie," he hums without any hesitation, six eyes activating one more time to zero in on that teeny-tiny spark. then deactivating when he looks back up to your sleepy eyes. a terribly tickled, equally wicked glimmer creeps into his grin. "so our baby is just like a tiny ball of cells with two big blue eyes, huh? they must look so scary, heh— ouch!"
your pinch did not really pain him, but gojo does his best to mimic an awfully wounded puppy, sogging wet from the rain and waiting at the doorstep with his moving blue eyes— it takes less than three seconds before you let go of your glare with a sigh.
you massaging the sore spot on his arm, your husband watches you give yet another sigh.
"first of all, there's no guarantee our baby will have your eye color and not mine, 'toru," you explain, pinning him under your drowsy stare, "it is very difficult to predict that for sure— and secondly: i'll punch you if you ever call our baby scary— sure, they don't really look like a human in this moment, but they'll slowly get there in forty weeks— as per the website, their face, hands and feet are forming in the ninth—"
"okay, alright!! i get your point, my insanely smart, insanely beautiful, insanely sexy wife," gojo cuts in, smiling while warning bells chime in his head at the faintest gloss in your eyes—
but maybe they weren't noisy enough. that is why he doesn't bite his tongue, rather continuing, "but you weren't actually blaming our poor human-ey baby for your clinginess, were you? it's not like they have a telepathic communication set up with you— hell, maybe they haven't even started forming their brain!"
"the baby's brain starts forming by the fifth week, satoru," your quiet reply reaches him exactly when he gets his last giggle out. the moist sheen in your eyes grows more prominent.
and his insides begin to twist—
one-third helpless. two-thirds contrite.
you don't stop talking, tone lower than he has heard you use in nearly forever, "and you better not comment on my bond with our baby— i'll punch you twice if you—"
"i wasn't doing that and i promise to never make you feel that way, my cutie-pie cookie," gojo interrupts, voice far gentler than earlier, just as low as yours, "but feel free to throw me out the house if i ever do that, even accidentally. okay?"
you're not okay.
you never are, when it comes to you being actually harsh to him, even when he's the one asking you to be— shakespeare once called love to be blind— your husband doesn't think you're blind, however. it is your well-contemplated decision to see his mistakes and see each of them as excusable, perfectly pardonable, no matter how silly or serious the world might regard them to be—
you make a noise. somewhat annoyed. unhappy too, yeah. before you push your face into the crook of his neck, nose nuzzling into the flesh there.
you would have bitten him by now. but he reckons you might be a bit too tired for all that. you couldn't even finish your dinner before facing the urge to throw up tonight, yet again.
feeling sorry, almost, gojo resumes his ministrations to your hair, half because you need to fall asleep now; the hands on the clock are close to striking midnight. the other half because he just loves playing with your hair— only to still when you suddenly pull your head back.
brows furrowed as you peer at him, eyes big and earnest.
"you don't really mind when i hug you like this, do you, 'toru?"
"no, cookie!! of course not!!" the man wastes not even a breath before he rushes to explain— because seriously, what!??
sure, he wasn't the first one to fall between you two. but ever since he did fall, he has never not expressed how every second away from you, every fraction of an instant away from you, causes him pain.
and yeah, he might have been a tad too dramatic whilst doing so, but you've always been so good at reading him— then why on earth can't you read him now? why don't you read, he loves it when you seek him out, he loves you more than anyone and anything else??
"good," your satisfied little chirp gives him a light shove away from his frantic thoughts. something tells him he should be put on alert by the way your lips curve into a smug smile next.
but gojo finds himself uncaring. just immensely relieved as he trails his fingers from the back of your head to your chin. thumb reaching out to brush the corner of your infectious smile. you continue.
"but even if you did mind, sorry not sorry— you were the one who put the ring on my finger, so you have to deal with everything i'm, mister!! no refunds nor complaints can be filed here, gojo-san~"
and neither refunds nor complaints he wishes to file, satoru muses to himself as he cups your cheek in one hand. bending down to steal the taste of your beam, your tease, your love for him on his tongue—
not when he has received the world in exchange for letting go of that poor splintered mess of a heart, he used to call his, but is now yours.
and will always stay yours—
"hey 'toru— what will you do if i chomp on your fingers right now, like really hard? will you yell? or will you be the freak that you're and enjoy it, huh?"
gojo pauses.
and wonders.
is there any binding vow one can make to secure oneself to another in every lifetime, for all eternity?
he hopes there is.
your husband really, seriously hopes there is—
'cause no way in heaven, earth or hell, does gojo satoru want to let go of you— and he will not let go of you.
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this idea was ROTTING in my brain for ages, but wht gave me the spark– the boost to write this was the wonderful sukuna fic written by ari @twentyfivemiceinatrenchcoat ❤️❤️❤️ i seriously love u & ur writings sm, babes 🥹🥹 everyone pls go check their masterlist out. it's studded w diamonds and pearls 😌😌🥰
and this is also for my sweet & sour bestie mimi @avatarofstars 🤭🤭— u 🤝 me in being clingy af towards our fictional hubbies 😂😂🥰
hope this was an enjoyable read! pls don't plagiarise, translate or repost this ❤️❤️
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ulurn1 · 12 days ago
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finuture · 11 months ago
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In the dynamic landscape of finance, risk management plays a pivotal role in ensuring the stability and sustainability of financial institutions. Among the myriad tools and techniques employed, Expected Shortfall (ES) stands out as a critical measure in understanding and mitigating financial risk.
As part of the FRM Level 1 curriculum, specifically in Paper-4: Valuations and Risk Models, Chapter – Measures of Financial Risk, Expected Shortfall takes center stage.
ES is the expected loss given that the portfolio return falls below the pre-specified worst-case quantile (e.g., below the 5th percentile return).
Read more and attempt quiz HERE
Table of Content:
Understanding Value at Risk (VaR)
Introduction to Expected Shortfall (ES)
Calculation of Expected Shortfall
Subadditivity Property of ES
Comparison with VaR
ES vs. VaR: Applicability and Assumptions
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zelledu · 1 year ago
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FRM Course Duration
Take an exciting dive into the realm of financial risk with the FRM Course. This syllabus offers a roadmap to knowledge repositories, not just a list of subjects. Discover the mysteries of risk management as you make your way across the harsh seas of operational, credit, and market risk. As you continue on, you'll learn how to understand intricate financial products and investing techniques, becoming an expert in risk assessment. This course equips you to make decisions that drive organizations toward success and stability. It's more than simply an education; it's an expedition into understanding the inner workings of the financial world.
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nervoussuitgladiator · 1 year ago
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