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in reply to: In need of Schweser secret sauce for Level 2 #82901in reply to: The Complete Beginner’s Guide to the CAIA Exam #81892in reply to: How A Drunk Candidate Passed CFA Level I #77656Up::6
I’m not a fan of this chain. I get that you’re shooting to broaden your target market by showing the “lighter side” and to just ‘take it for what it is’ but this whole story flat out rubs me the wrong way. For a couple reasons:
A) I still don’t believe it…I believe that whoever this is passed the exam and i’m sure people have met him but I would bet money that his antics the night before are exagerated.
B) Ignoring my disbelief, I don’t get the point of the story…
“I passed my exam, no thanks to my pre-exam antics, but rather to good luck and good preparation (in the months before obviously)”
Is he saying that he prepared so well beforehand that it didn’t matter that he was out all night and wasted? or is he saying that he was super lucky and pretty much was struck by lightning in passing? It sounds like it was more random guessing that got him through if he got up halfway through the second session and left, or maybe he’s a genius savant that can work through problems 10x faster than the average joe, even when wasted.
C)Straight up personal preference, I am not looking for this type of story when I visit this website. I’ve committed a lot of time to try and get through this designation and reading a story about someone fluking out when they probably didn’t deserve to pass doesn’t appeal to me.I’ve thoroughly enjoyed reading the rest of the articles on this site but this one just seems oddly out of character and against the general feeling and image that I think is portrayed throughout.
Just my two cents.
in reply to: Should I sign up for June Level II exam now? #81874Up::6I did with 4 months and working full time. 3 months without a job is possible but not easy, make sure you have enough hours to get through it all!
in reply to: The Complete Beginner’s Guide to the CAIA Exam #81927Up::6@hairfyfairy it stands for Chartered Business Valuators practicing in the area of business valuation and litigation support.
Up::5I wrote Level one in December and have signed up for level two in June also. So far I especially agree with #2, having the Level one material relatively fresh in my head has been a big plus. If I’d waited a year I imagine it would take a lot more time to get through the material because I’d for sure have to go back and review.
in reply to: Study Packages #80288Up::5@TheLetace it is highly probably that you will have everything you need to study for L1 with those resources. Key for level one seems to be to get through the material relatively quickly and then hit the practice questions hard and often! Good luck!
in reply to: The Complete Beginner’s Guide to the CAIA Exam #81889Up::5This is interesting, I didn’t even know it existed! My guess @RoyD would be that it would be more valuable to go get actual ALT Inv work experience after getting your CFA than to do the schooling. I would assume this is more of an alternative route to the CFA if you know for sure you want to work in that realm. But interested to hear others opinions…
in reply to: L3 progress #81893Up::5@jim @mattyc @abhay @fitmba @hairyfairy any updates on progress?
I’m currently up to Swaps at the end of book 4. Recently started going back to the start to review CFAI questions from the beginning of the material, haven’t gotten far on that though. Finding my first pass on the material may have been too light, having to relearn concepts is taking time.
Just got access to the Schweser Secret sauce. This year I went with the online version, which I’m regretting, I need a paper copy to read, not a fan of electronic readings.
Up::5Great article! I wish that compensation was more of an open topic. It seems as though its almost taboo to bring up compensation at all little lone actually discuss potential issues. Each company is probably different. I feel as though I had to opportunity to negotiate my salary coming into the company but have never had the chance since and get the impression it wouldn’t be received well if I tried now.
in reply to: L3 progress #82121Up::557 on your first mock! You are killin it! I am not ready to write a mock yet. I have one scheduled for April 25th. I’m in review and question mode until then. The next 6 weeks are going to be hectic! Good luck!
Up::4I’d be super curious to know how your band scores from level 1 correlate to your result or potential result in level 2!
I’m hoping that the majority of people who get good band scores on 1 usually do well on level 2 also…I’m assuming this is the case but it would be cool to see the stats on it! Something along the lines of your odds of passing level 2 based on your level 1 score…Up::4Oops sorry, band score was not the correct term to use, I’m meant to refer to the range of scores that you get on each topic (<50%, 50-70%, 70%+) and your calculated range of possible scores on the whole that 300hours provides you with based on these. Good catch @hairyfairy thanks!
So i guess I was hoping for an odds of passing level 2 based on your potential range of scores from Level 1.Up::4I don’t know, if you filtered the data for only people who completed a minimum # of practice exams on both exams, wouldn’t that improve the results drastically (probably a few filters you could use to further improve the data)? I agree you’ll never be able to make any drastic conclusions but I bet you could pull a few facts at a respectable level of significance. For example, I’d go out on a limb and predict that some sort of regression could be put together with people who scored +70% across all topics and attach a coefficient that would be significantly different than zero with at least 90% confidence…
Up::4@tacheman speaking of flashcard-style reading, wouldn’t it be great to get the CFA material this new Spritz app http://www.businessinsider.com/spritz-speed-reader-app-2014-3 , has anyone tried this? It would be a great way to at least scan through chapters!
in reply to: The CFA Level I & II June 2014 Results Roundup #79573Up::4nevermind just got it…and i’m pretty sure that proves the “late email = fail” myth because I passed and didn’t get my email until 2 hours after 9am!
What a relief! Congrats to all who passed and I feel your pain if you were not succesful this time around!Up::4I second @tacheman ‘s sentiment. I used the L1 Schweser videos a decent amount but wasn’t too keen on the Level 2 videos. I like Signals visuals throughout the videos rather than looking at some dude talking. I would definitely pay a small fee for access to L3 topics, even just a the biggest hardest ones!
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