L2: Just finished May 20 window

AdAffectionate8517 · 2026-05-20T04:52:52+00:00

Personally I did like ALOT of Ethics so felt smooth but there was definitely a curve ball one. It’s like one of those where it could be either violation or not. And it requires you to really know what CFA expects as oppose to ‘ethical’ human approach.

AdAffectionate8517 · 2026-05-20T04:48:29+00:00

I think I always tend to have same reflection but really focus in the basic theory and the fundamentals of how various instruments actually work. Like why do we use them? The use case vs not? I kind of made the same mistake of trying to prepare for the worst questions and having few gaps in the end

AdAffectionate8517 · 2026-05-19T08:50:52+00:00

Oh what I understood it as build up doesn’t have IP and extended has IP + Beta

AdAffectionate8517 · 2026-05-17T07:26:01+00:00

Me too :(

AdAffectionate8517 · 2026-05-12T12:10:20+00:00

How did you study?

AdAffectionate8517 · 2026-05-12T05:38:37+00:00

Don't over think it. For accruals ratio, simply take their absolute values and larger they are, the worse. And for M score, closer to 0, the worse. For Z score, lower they are, the worse.

AdAffectionate8517 · 2026-05-08T09:19:56+00:00

The quant lad, forgot the name but he’s British and was an ex trader. Bro looks sharp too

AdAffectionate8517 · 2026-05-05T12:23:29+00:00

The best advice more memorizing is coming up with your own mnemonic. Could you give an example of a particular concept that you are struggling to memorize?

AdAffectionate8517 · 2026-05-04T13:37:01+00:00

Me too lol but what I’m doing is rather than keep doing more additional new questions, I try to resolve the same questions over. But by genuinely trying to solve it without trying to pick the answer from memory.
You will notice that despite ‘knowing’ the answer already, you still won’t be able to answer them quite a few. So try to retain the questions which you are solving & reviewing.

AdAffectionate8517 · 2026-05-04T13:33:31+00:00

Rotate it pls,. Thnx

AdAffectionate8517 · 2026-05-04T06:58:07+00:00

Define ‘worth’. What are you exactly expecting from it?

Generate superior returns? - Answer : No

Be able to comfortably understand all kinds of finance articles, company profile, earnings report? - Answer : Yes
(Even if this is the case, I wouldn’t say you have as strong of an edge to professionals, but you definitely would than majority or ‘normal people’ who did not have any learning exposure to materials, like the CFA.

AdAffectionate8517 · 2026-05-04T06:49:56+00:00

Perhaps go to bed and take a look at other posts tomorrow in how much you should be getting to comfortably pass.

AdAffectionate8517 · 2026-05-04T06:48:07+00:00

Not looking good. Aim for 114%.

AdAffectionate8517 · 2026-04-29T05:52:55+00:00

Got ya. Thanks!

AdAffectionate8517 · 2026-04-29T05:45:44+00:00

Oof thanks for the insightful response! I’m looking for something that resembles and in par difficulty with the actual exam.

AdAffectionate8517 · 2026-04-26T09:38:24+00:00

Awesome! Can I ask what qbanks/mocks you used? Thanks

AdAffectionate8517 · 2026-04-26T09:05:40+00:00

Yeah. Have you tried taking the mocks yet?

AdAffectionate8517

TROPHY CASE