Helpful Notes

CFA Level III
#121

Bump. I’m sure this will make more sense to us newbies as we start making our way through the readings.

#122

very good notes.

#123

Passed. Above 70% on 7/11 AM. Above 70% for all on the PM

#124

Passed all 3 in first try. took 1 in dec, 2 in June 14 and 3rd in June 15. Am so excited

#125

Congrats Adam. You deserved it

#126

Thanks for the notes. They certainly did help me pass the exam. I did copy all of these into a single document and cleaned them up. If someone is interested, what’s the easiest way to post/share it?

#127

Thanks for your efforts, but wouldn’t it be easier to upload the notes to dropbox or mediafire?

#128

thanks adam.

Did help a lot

#129

Thanks a bunch, adam!

Just passed my L2 exam and am excited to start off with the prep for the L3,probably early September. I’ll use your notes as a primer until then to get a sense of what to expect.

#130

EPIC post. I now know what is required in order for me to pass this exam. Meticulous Attention to Detail.

thank you adam.runk64

#131

People are sending me messages asking for word format. I do not have in word format but others can feel free to put in word and upload a link here

#132

Many thanks for this list Adam…much appreciated!

I have gone through and created a Word doc and PDF doc for people to download if they wish.

Just one point though - the list seems to go from point 229 straight to point 330 missing out 100 numbers.

Would you be kind enough to update us with the missing 100 points?

If so I shall update the files in the download folder.

Here is the download link:

https://www.dropbox.com/sh/9ekbkozhb1n0imc/AAA8MJzyX2Mj-b_nBn7vF82Aa?dl=0

#133

There are no missing points i just messed up the numbering

#134

Great stuff, thanks for clearing that up :slight_smile:

#135

Good luck in june guys

#136

Thanks Adam for creating this wonderful notes, much needed during final stage of preparation.

Thanks others for your contribution and making this into Word. However can i ask if any one has tried to sort the notes topic wise? It would be much easy to read and remember that way?

#137

16: B = PV/Cost Basis is incorrect I believe.

Should be B=Cost Basis/current MV

#138

45. Bond Equivalent Yield = If given for immunization be sure to compound semi-annually

Bond Equivalent Yield = ((1 + Annual Return)^(1/2)-1) * 2

What is this about? Which exmaple in the book? It means that we need always change from normal return to BEY for immunization calculations or what?

#139

I think the statement is emphasizing on method to compute PV when immunizing.

If question gives you immunization rate in BEY, use semi annual compounding to find PV.

#140

just divide BEY/2 and use it?