I’m using the CFAI materials to study and these past few months I’ve noticed that they like to “over explain” answers in blue box problems and the practice problem essay questions. For anyone familiar with the grading system, how does this work?
My answers have been very direct and to the point. I’m not sure how exhaustive we have to be with our answers given the time constraint and amount of extra information you can throw in to over explain.
Any guidance would be appreciated!