Reminds me of the movie Amadeus. Some people are just naturally talented.
The exams as rightly said should not take your life out . Level 2 and 3 obviously are much harder . You are not able to spend time with the family . Not getting enough entertainment and so on…So it’s all about how you make the policy and be stick to that.
I have found level 2 to be substantially harder than level 1. For level 1 it is enough to memorize the formulas but level 2 goes into substantally more depth and you really need to understand all the concepts and not just plug in the numbers
YAG, i’m sure you get this all the time from your 9 peasants, but you must be a genius. You should probably get rid of the 41 part, it brings your coolness down by 20%.
yall got trolled LMAO
are you Indian???From iit???
Would be great to see your level one and two result matrices? Not doubting. I’ve witnessed much more impressive intellectual achievements, but, if they are all 70 plus, you might want to consider yourself one of the smart kids.
don’t feed the trolls people… move along
yag is full of it. Do any charterholders (or those that pass all three levels) really still refer to CFA as a noun? He says, “I don’t care much about the CFA”, “people who get their CFA”, “those who are not going to get the CFA”, “That’s probably why you need to work more than me to get your CFA”…and it continues. He’s a troll.
The guy is clearly has nothing better to do with his life than get on a message board to trash another academic discipline (finance). Let’s move on.
^ Tell us how you really feel.
can the admin add a ‘ping itera’ button lol that would be awesome
Here you go.
As you can see, I’m no genius, Level 2 it was definitely a close call. 9 days of study with a day-job is feasible, but not recommended,
[email 22 Jan 2013] Congratulations! We are very pleased to inform you that you passed the December 2012 Level I CFA exam. 37% of candidates passed the December 2012 Level I CFA exam. (…)
Multiple Choice Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 8 - - * - Corporate Finance 20 - - * - Derivatives 12 - * - - Economics 24 - * - - Equity Investments 24 - - * - Ethical & Professional Standards 36 - - * - Financial Reporting & Analysis 48 - - * - Fixed Income Investments 28 - - * - Portfolio Management 12 - - * - Quantitative Methods 28 - - *
[LEVEL 2 - email 13 Jul 2013] Congratulations! We are very pleased to inform you that you passed the June 2013 Level II CFA exam. 43% of candidates passed the June 2013 Level II CFA exam. (…)
Item Set Q# Topic Max Pts <=50% 51%-70% >70% - Alternative Investments 36 - * - - Corporate Finance 36 - - * - Derivatives 36 * - - - Economics 18 - - * - Equity Investments 72 - - * - Ethical & Professional Standards 36 * - - - Financial Reporting & Analysis 72 - - * - Fixed Income Investments 18 * - - - Portfolio Management 18 - - * - Quantitative Methods 18 - * -
ARE you an Indian from IITs?
So how did you complete level 2 study in 9 days. Just curious to know if there is a way for me to speed up my revision time…
There is a thread in L2 about passing L2 in 10 days. It was started by Bleron.
@yag - Not necessarily calling you a liar, but posting your scores is meaningless. First, anybody can cut-and-paste somebody else’s scores. Second, even if those are your real scores, there’s no way for us to know that you didn’t study 600 hours per level.
I know people who come on here and brad about studying for a week and passing Level 2, but so far, none of them are very credible. And I know nobody in real life who makes any such claim.
Yeah, might be a troll, but I asked for it. I’m thinking the posting of the borderline level 2 result adds to the plausibility, at least a little. And the fact that he is studying much more for level 3 after the close call is consistent. I’m thinking in real life most people have enough eQ to not to boast about such achievements, but such achievements no doubt have to happen. I personally knew a guy that could blurt out three digit multiplications answers faster than you could get the answer with a calculator, had perfect achievement tests, etc. He would not stress over the CFA exams. He would skim the curriculum and have a high probability to pass. I believe the reason most of us studied so much was to bump that probability way up. I didn’t want to screw around with a 50% chance and have to come back a year later for the same test. If I wanted to gamble with a 50% chance, I would have only needed to study a fraction of the time. Some of those with a fifty/fifty chance on each exam will go three for three. Just the luck of the draw. Chance definitely still plays a role. Simply nothing like it. Perform at this time, at this place, on this day, pass or fail, take it or leave it. Love it.
@rahul roy : I’m not Indian - but the IIT example is relevant. Hard sciences/Engineering is the way, the rest is BS.
@Quest : I agree level 2 is a different beast from level 1. When I have time I’ll rescussitate one of those old Bleron threads to answer your question. Spoiler alert: those 9 days were febrile damage control.
@Greenman72 - Not necessarily calling you stupid, but berating answers to your own question because they don’t fit you preconceived ideas is not exactly a demonstration of IQ. And do I need to mention the 15+9=23 ? You did call me liar. But since I don’t really care what you think, I suggest you stop commenting my posts. Just don’t read them if you can’t handle it.
You’re spot on. This is the second reason why I wrote my initial post. Bragging about my achievements is a way to keep me motivated and study a decent 2 months for the level 3.
A couple of years ago, I decided to run a marathon, against all odds (i don’t like running and I’m too bulky). I bought a book to prepare, most of it was a waste of money because you can find all that info for free on the web.
However, 1 advice in the first chapter was worth 100 times the price of the book. It went like this: _"Your main challenge to prepare the marathon will be motivation. Day in, day out, whatever the weather, you’ll have to stick to your plan, stay disciplined and run every other day. Very often you will feel tired, bored, not in the mood, making up excuses. Here’s the trick: Once you have decided to do it, make it public. Tell all your family, your friends, your neighbours, your colleagues at work, tell everybody you know and you don’t know, tell them every time you see them, brag that you will run a marathon." _
^ That’s an interesting school of thought that I know some people follow. I did the exact opposite:
https://www.youtube.com/watch?v=NHopJHSlVo4
4 mins. He talks about how you should keep goals to yourself. Both methods work though, especially yours, so just putting it out there as an opposing viewpoint.
Agree. posting scores is pretty meaningless. There are hundreds of pass scores matrix from every single exam date going back years on AF.