Reply to: Stress Testing / Scenario Analyses

[EddieNambulous]

You wake up in a cold bath, in the bathroom of your hotel room. A note next to the handily placed phone says "call an ambulance immediately". You have a strange hollow feeling where your kidneys used to be.

Sounds like the morning after most office xmas parties I've been to.

[NotAllThere]

2. Is this as much of a con as it sounds?

You wake up in a cold bath, in the bathroom of your hotel room. A note next to the handily placed phone says "call an ambulance immediately". You have a strange hollow feeling where your kidneys used to be.

[Menelaus]

101 Trainer tip No79:

Never believe any student who just nods when you say "Do you understand?"

101 Delegate tip No1:

Never rate any trainer dumb enough to ask the question "Do you understand?"

HTH.

WS(H?)S

I don't ask the question as blatantly as that - I simply hit people up with pop quizzes asking someone to explain it back to me. That's the way I gauge understanding.

[cojak]

101 Trainer tip No79:

Never believe any student who just nods when you say "Do you understand?"

..and multiply that by 1000 for any asian classes - it's not in their culture to say "No" to that question...

[cojak]

101 Trainer tip No79:

Never believe any student who just nods when you say "Do you understand?"

101 Delegate tip No1:

Never rate any trainer dumb enough to ask the question "Do you understand?"

HTH.

[Menelaus]

Around 10 years ago I had to train a bunch of Korean build engineers on teh build process for our system. I found they never ask questions and always say they understand. I thought it was all a breeze until the last day when we had hands-on labs and I sh!t my pants that they hadn't picked up a thing.

That's why I'm not a trainer.

Interestingly that's part of my concern, hence pop quizzing

[JoJoGabor]

Around 10 years ago I had to train a bunch of Korean build engineers on teh build process for our system. I found they never ask questions and always say they understand. I thought it was all a breeze until the last day when we had hands-on labs and I sh!t my pants that they hadn't picked up a thing.

That's why I'm not a trainer.

[Menelaus]

..and you can tell them that during the course... (throw in a few PowerPoint/Excel pie charts for value, obv... )

Yep

I spent six weeks in Hong Kong last year trying to work out how to do it and still didn't get a reasonable answer!

[cojak]

The problem in that neck of the woods is that there are so few negative events (e.g., defaults) that tracking their frequency to changes in GDP or unemployment rate create hugely statistically insignificant outputs.

..and you can tell them that during the course... (throw in a few PowerPoint/Excel pie charts for value, obv... )

[Menelaus]

fixed (obviously I have no idea if you actually can but I'm guessing neither does the client.

The problem in that neck of the woods is that there are so few negative events (e.g., defaults) that tracking their frequency to changes in GDP or unemployment rate create hugely statistically insignificant outputs.

[Pondlife]

Cheers - in two days with a bunch of delegates from SE Asian banks I'll be surprised if I can get the basics done.

The brief seems to be one of "how can we fit macrodata to our portfolio" to which the answer seems to be "you can but you're going to have to pay me a lot of money for a long time and eventually you'll give up and decide on some other strategy/direction". Meh.

fixed (obviously I have no idea if you actually can but I'm guessing neither does the client.

[Menelaus]

Obviously in 2 days you can only cover the basics. The more advanced topics will be covered in the other courses you offer.

Best of luck with it.

Cheers - in two days with a bunch of delegates from SE Asian banks I'll be surprised if I can get the basics done.

The brief seems to be one of "how can we fit macrodata to our portfolio" to which the answer seems to be "you can't". Meh.

[Pondlife]

Obviously in 2 days you can only cover the basics. The more advanced topics will be covered in the other courses you offer.

Best of luck with it.

[Menelaus]

and make sure that expenses are not included in the $3000...

Thanks - already confirmed this!

[cojak]

and make sure that expenses are not included in the $3000...