12/1/12

Im heading out to kill this thing in like 10min. Goodluck all.

Post your thoughts after the fact, but keep it ethical!

Comments (19)

12/1/12

Good luck!

"That dude is so haole, he don't even have any breath left."

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12/1/12

Just finished up here in Milan, we're in the future - good luck buddy!!!

Musings to come. For now cooking up a nice dinner at my buddy's flat with my GF and drinking a ton of wine and smoking a Cohiba.

if you like it then you shoulda put a banana on it

12/1/12

How much studying time did you put in? I'm kind of coasting between now and b-school starting in the fall so I've been tossing around the idea of registering for the Level 1 in June.

12/1/12

Half time here on the west coast. My head is starting to spin from a combination of sleep deprivation/exhaustion/caffeine/dehydration. Am I the only one who thinks the CFA exam is more taxing than marathon races?

12/1/12

All in all, I think I have a good shot at passing. I only wish I could have slept more last night, but the formulas spinning in my head kept me awake.

The lack of sleep made this more grueling than the mocks. In addition, I didnt appreciate the 1hour wait before the start of each half.

...now how long do we have to wait for the results?

  • johnh
  •  12/1/12

howd everyone do? Did anyone else find it very hard compared to the mocks?

12/1/12

I thought it was okay. The level of difficulty I thought was comparable to mock exams. I think I have a good chance of passing it.

12/1/12

Cries, out of curiosity, why are you doing CFA if you're in IB?

In reply to Cries
12/1/12

Cries:
All in all, I think I have a good shot at passing. I only wish I could have slept more last night, but the formulas spinning in my head kept me awake.

The lack of sleep made this more grueling than the mocks. In addition, I didnt appreciate the 1hour wait before the start of each half.

...now how long do we have to wait for the results?

Results will come out mid-January.

  • johnh
  •  12/1/12

PFWizard:
I thought it was okay. The level of difficulty I thought was comparable to mock exams. I think I have a good chance of passing it.

I thought the Econ section was harder- probably just me..
  • johnh
  •  12/1/12

reformed:
.

How would you compare how you think you did on each section compared to how you did on the mocks?
In reply to txjustin
12/2/12

txjustin:
Cries, out of curiosity, why are you doing CFA if you're in IB?

I wanna transition to credit investing, and ultimately raise funds
12/3/12

Very cool, good luck man.

12/3/12

Is it just me or everyone else that found the fixed income and derivatives sections the hardest sections to tackle ?

12/3/12

I think the fixed income and derivative sections can be tackled with enough practice and intution. I personally find FRA to be the most difficult section since some of the topics have no rhyme or reason to them, just rote memorization of inane concepts - primarily all of the IFRS vs. GAAP nonsense.

12/4/12

Its not so easy when you have no finance background and are forced to take the CFA level 1 under extreme pressure from your superiors with less then 2 months to prepare and long hours at work as well.

In reply to State of Trance
12/4/12

State of Trance:
Is it just me or everyone else that found the fixed income and derivatives sections the hardest sections to tackle ?

No way man...after working in this industry and gone through a finance program in school, fixed income and derivs were cake to pick up.

Quant and ethics was the worst for me. Ethics because its so vague; can never know if you're right. Quant because I felt so uninspired when I worked through it; it became my "skip" section. I still know nothing about confidence intervals and F-tests.

I'm definitely not a quant guy, nor will I ever be.

12/4/12

Which session did you guys find easier? I thought afternoon was a lot easier than the morning session but many friends disagreed. Just curious what you all think?

I did find the derivs part harder in both sessions. But again that may be due to lack of preparation in that area. Quant section and fixed income was a breeze though

12/4/12

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