Prospect theory assumptions
Guys, Schweser says that Prospect theory “further relaxes the assumption of risk aversion and instead proposes loss aversion”. Before that, they say “Bounded Rationality relaxes the assumptions of...
View ArticleStudying now to avoid studying more later
Frequent reader but first-time poster on the forum. I’m being moved out to Asia in late December/early January to begin a new role and will be extremely pressed for time Jan-April. I’m wondering if...
View ArticleAM vs PM
Apart from Ethics and maybe GIPS (which are primarily tested in the PM) which other topics are more likely to be tested in the PM and not AM? Thanks!
View ArticleChartered Accountant and CFA from India
I know there are a few people in this forum who are qualified Chartered Accountants from India and also have got their CFA charter. My question to those people is how do they represent their...
View ArticleConservatism Bias - too much or too little turnover?
Guys, on Schweser p.92 on Book I, they mention that “conservatism can lead to either too little or too much change and turnover”. They also say that easy changes may be made too often since they...
View ArticleHow hard is it to pass L3 exam?
Hi all,I have registered for the L3 exam in 2017, and intend to follow and practice only CFAI text. No intention to refer to any other material! I did the same for level 2. Would it suffice? Can you...
View ArticleAny live classes for L3 in Detroit metro area ?
Just moved out here and i was wondering if there are any live classes in the detroit metro area for a reasonable price.1-2 times a week for a few hours should do. I researched online and couldn’t find...
View Articlewhich subjects to start with in level III
Hey, I would like to know which subjects should be taken up first in level III..
View Article2016 Schweser for Lvl3?
Apologies if there are multiple other threads asking the same thing, but seeing that this year only 1 study session or chapter has changed (not sure if there is always this little change or if it is an...
View ArticleBi-Weekly online class Schweser
Hi All,I just got the email informed about bi-weekly online class Schweser starting on 4 Oct 2016.Is there someone else also join this online class ?Thanks
View ArticlePlease help. Volume 5 in Derivatives textbook: Using an interest rate swap to...
Any advice would be greatly appreciated as I’ve been struggling on this for several days. Question: Paying a floating rate loan and we expect interest rates to increase so we buy an Payer swaption to...
View ArticleRe-takers Strategy
Just curious what other level 3 re-takers are planning as far as strategy. When do you plan to start studying again? What material do you plan on using? I plan to start in late fall (the wound of...
View ArticleCreating (and weighting) your own FlashCards (Anki)
Folks, I use Anki to build my own flash cards, however as we know not all facts are weighted equal i.e. you should really remember some and sort of remember others has anyone worked out a way of...
View ArticlePrevious Exams for Study
Where do I find the previous exams for study? I seem to recall that there are a few years of a.m. exams and one or two p.m. exams from previous years that the CFA provides, but I don’t see them on...
View ArticleTax Equations
Anyone have any helpful hints for remembering the deferred tax equations and blended tax equations? Thanks!
View ArticleOption valuation - bid validity period
Hello,I am turning to this forum for an insight into a real world dilemma. The company I work for is preparing a bid to buy electricity from another company (it issued a tender to sell electricity). We...
View Articlemy reference for charter
I m working in a very small investment company which has only one colleague and my boss. ( total 3 person included me) , my job duties include meeting with investment banker and identify any investment...
View ArticleWiley or Schweser?
Hi all candidates and charterholders,I’m interested in your views on which supporting material to be signing up for. Wiley or Schweser for the L3 program.I know there was some strong positive comments...
View ArticleExchange my study materials for CFA Level III (including scan of my...
Dear Friends,I would like to exchange my study materials for CFA level III, including:- Scan of my handwritten notes for all readings (totaled 125 pages)- Irfanullah’s lectures for all readings and...
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Reading 8 EOC question 1
Hello guys the client is Christa and they cite that the expected total return of proposed investment portfolio is €82500 but there is no mention of an investment portfolio for christa in her data ?I m...
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