excelmonkey

[excelmonkey]

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I was averaging about 68-70% for L1, did it in the end. Good luck for this weekend!

[excelmonkey]

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Plan A all the way. Slow progress is a real threat in this game and quite a few people I know ran out of steam halfway because they were too unrealistic about how they wanted their ideal approach to be.

[excelmonkey]

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I’ve re-read your question a few times but can’t get what the question is asking. Does the answer explanation help? I’ve yet to cover L3 derivatives but can help rationalize if you can put up more info.

[excelmonkey]

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@Matt_AnalystPrep Aren’t Bollinger bands meant to be inconclusive? i.e. you can’t or shouldn’t make an investment decision purely based on Bollinger bands analysis?

[excelmonkey]

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Agree with @fabian, you need a passport. pull your passport back and delay whatever you need to get done by the UK authorities, or defer your CFA exam.

[excelmonkey]

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rahul12 said:

apparently estimated to be 6th August according to this https://www.300hours.com/cfa-results-date/

feeling slightly bummed out myself, not very confident of level 2, but praying like hell i don’t have to repeat it as the readings are treacherous… 

CFAI customer service confirmed this is correct, results day is 6th aug for L1/2, 20th for L3.

[excelmonkey]

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CFAI materials have given more practice questions in the more recent years, they used to just give one practice paper and the questions in the curriculum. It’s much better now, you should definitely not skip them.

[excelmonkey]

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I do – about 30% of my assets. A significant portion of my comp is equity, so I mostly invest in emerging markets for diversification. I don’t really follow a strict investment policy, although maybe that should change!

[excelmonkey]

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Seems legit…

[excelmonkey]

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Tez4715 said:

preetujain said:

Thank you encouraging words………I hope for the best :-). Wish you good luck for your exams.

Hey Preetujain, hope the studying is going well! Just thought I would let you know that I passed the level 1 exam in June and wanted to make sure you are still motivated!

Nice one – see you in L2! @@Tez4715! Also passed ::smile:

[excelmonkey]

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So you just have one name? Like Cher?

[excelmonkey]

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“Least likely to negatively affect..” 

I spent 5 minutes re reading that trying to properly understand it. It’s exactly this kind of stuff that frustrates me about the CFA exam, they’re not testing your knowledge but your prowess at double negatives…

[excelmonkey]

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Junior RM in Private Wealth Management. I’m pretty much done with my old role now, so I’m having a nice break before I start guns blazing in the new year.

[excelmonkey]

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Np. Many people use tutor support but they respond really quickly and are useful for getting yourself unstuck. If you find something you repeatedly don’t get, send it off and move on to the next thing.

[excelmonkey]

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MR = MC means you’re producing just the right amount for maximum profit.

http://www.investopedia.com/ask/answers/041315/how-marginal-revenue-related-marginal-cost-production.asp

[excelmonkey]

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Thanks guys, this is useful! Attempted one practice exam last weekend but had huge problems trying to grade it because it’s open to opinion.

[excelmonkey]

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Interested in taking up CAIA as well – it would be great if anyone could chip in with your thoughts on my situation.

I’m in finance consulting and the CFA is the ‘main qualification’ that most consultants here take, but some consultants are also taking the CAIA to gain an edge and specialize in Alternative Investment clients.

I should have the time to take the exam, but I will be taking it with my CFA. My company is happy to pay for everything as long as I pass.

I’ve already registered for L3 this June, and aiming to register for CAIA September when it opens next month. Thoughts?

[excelmonkey]

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@itsalwayslupus cool, will give it a shot. I’m not entirely sure about the ‘added benefit’ of CAIA, but it’s a good extra to acquire while I have the time and motivation and funding.

[excelmonkey]

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68%, on the borderline, getting there

[excelmonkey]

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jasdev said:

I read a piece on efinancialcareers earlier today on how banking jobs will now require Python at a minimum; I guess I know what I will be doing after I get my charter 😛

Careful with overdisplaying technical knowledge though. I invested a shitton of time learning SAS with the idea of furthering my career during the early days. A lot of more senior people too lazy to do technical shit kept making me do stuff for them by stroking my ego and promising good reviews etc.

The opposite happened, they always turned around and screwed me in performance reviews saying I was not well rounded enough. Later I found out that SAS worker bees are rare and mid-management try and keep them from being promoted to management so that they can keep on using them.

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