@jmsatchwell
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Up5
It says the should not that they must… I think that about clears it up. A is correct because the CFA is simply providing a recommendation not a hard rule.
Up5To add to it the guy sitting next to me finished the AM session in under and hour! Either that guy is a genius or just admitted defeat.
Up5Like everyone is saying I wouldn’t worry about scores until the final month. Also its important to realize that a ton more information is going to be thrown at you as you progress. Develop a plan of attack and don’t get discouraged when you score in the 60’s on your first full practice test
Up4Well I’ll start with a full discloser here and say that I am currently only a CFA level 1 candidate so more established individuals may disagree with me. I also don’t really believe in technical analysis. If you are looking for a technical investing guide than the CFA is not going to provide you the information you want in my opinion. CFA level 1 only briefly covers the information and due to the belief that technical investing is a bit of a crapshoot to begin with the content kinda brushes it under the rug. If you are interested in understanding fundamental firm analysis than the CFA is great! As I said though I am only a level 1 candidate and think that technical analysis provides about the same good investing advice as a Ouija board so I am biased. Best of luck!
Up4My plan is to tackle three Schweser tests then take a CFAI. I’m going to repeat this process twice. Figure its better to end with a CFAI tests so I am used to the wording.
Up4Stated up in June for Dec level 1. 30 days left…
Up4I feel like I could go either way. There were a ton of questions that I felt were very easy however I can’t get the questions that I got wrong out of my head. If I fail this round I’ll be out for blood in June.
Up3Wish I could change that answer…
Up3Formulas for CFA1 aren’t that bad (I’m taking it in Dec). That being said, to answer your question… I took Calc and some upper level stats courses. I majored in econ graduated in May 2014 so some other math classes were scattered in there.
Up3Yeah that’s how I felt. It honestly doesn’t even feel like I took a majority of the exam. The only things I really recall from it were the problems I had issues on (around 20is) and the fact that I ran out of time for 5-7 problems on the 2nd section and had to fill in the bubbles randomly 🙁
Up2I agree with farlo, inflation will aid fixed rate borrowers due to their interest rate being lock in at a particular point. Think of it as the borrower paying back the lender with devalued dollars. For part two inflation will again result in a payment of devalued dollars for after-tax ROI thus the percent return for ROI must increase in order to combat the weaker currency.
Up2I’d assume the older group would have a harder time. I’m fresh out of school so studying isn’t anything new and I don’t have to worry about family obligations. Regardless its all about putting in work.
Up2This question is kinda rigged because its also important that board members and management have the ability to meet independently…
Up2Howdy Maverick what program are you using for your practice test? I’m trying to gauge my scores with other people on this forum.
Up2FRandA puts me to bed but as far a difficulty I’m gonna say derivatives mostly because I can’t justify memorizing those equations for the sake of 5%. I score middle band in that area at best.
Up2Yeah I’ve been really surprised with the differences between the practice tests. Ethics has historically been one of my strongest areas but this particular practice test is taking me to school. I found that EOC questions were far easier than the practice exam questions. I’m really sorry that you had an event happen that prevented you from sticking to your schedule. Pressure makes diamonds though I’m sure that you’ll come out on top. Best of luck. Hit me up if you have any questions.
Best,
JakeUp1Gotta pay the cost to be the boss.
Up1I agree its just a basic CAPM equation. No need to over think it.
Up1The US 10 year is commonly used as a risk free rate due to it being backed by the US gov and having a longer duration that should be mentioned in your readings. If you plug it in to the CAPM equation you get 13.1 since that’s an option for your multiple choice and your inputs are correct you’ve got the answer.
Up1Crud just did a practice problem earlier about this and I still got it wrong…
