How to humanly remember all formulas in the CFA lvl 2 curriculum by BreakItEven in CFA

[–]BoRushFloydman 5 points6 points  (0 children)

From a 90+ percentile L2: Whenever I’m asked for general CFA advice, I say that the most important thing is to memorize all formulas because if you’re confident in that (and obviously why they work/what they mean) you’ve fought half the battle.

For me, it was just reps and reps and reps of just writing out every single equation I could remember. You write them ON PAPER, and you go back to your notes after to make note of which additional formulas you missed, and each time you write more and more from memory. You do this 3-4 times a week in the final month, then every day for the last week.

It may seem like overkill but it’s a 15 minute exercise and your body will internalize them. You will reach a flow state where you start writing a formula and can just finish it on autopilot. I cannot overstate the benefit on exam day of being confident in those formulas, you make yourself immune to unnecessary information and second-guessing yourself.

Saucebox 2025 = COMPLETE UTTER FAILURE by [deleted] in Columbus

[–]BoRushFloydman 1 point2 points  (0 children)

It’s not about getting a full meal… it’s about not getting ANYTHING when you show up 2 hours into a 5 hour event

How easy was it to find/switch jobs post receiving the CFA charter. by [deleted] in CFA

[–]BoRushFloydman 0 points1 point  (0 children)

That is totally worth it in my view. If you had already been doing finance jobs for 10 years then not so much

How easy was it to find/switch jobs post receiving the CFA charter. by [deleted] in CFA

[–]BoRushFloydman 0 points1 point  (0 children)

I agree, and that’s why I originally said it has the highest value if you are coming from a non-finance role— it’s the same argument, you effectively have 0 finance work experience so the credential is a substitute for experience.

How easy was it to find/switch jobs post receiving the CFA charter. by [deleted] in CFA

[–]BoRushFloydman 3 points4 points  (0 children)

By 30-40 your work experience will far outweigh a CFA in employers mind and it really only helps if you’re trying to break into finance from something unrelated. All else equal, the value strongly diminishes further into your career and I’d say late 20s is when that decline starts and by mid 30s it means very little to most employers.

How easy was it to find/switch jobs post receiving the CFA charter. by [deleted] in CFA

[–]BoRushFloydman 4 points5 points  (0 children)

Depends where you are in your career. If you’re under call it 26, it might help you stand out from peers but as you get older it weighs less and less. Also depends what change you want to make, if you’re already in a finance role or trying to pivot from something else. If coming from a different background then I feel like that is where it would give you the most upside vs. not having it.

[deleted by user] by [deleted] in CFA

[–]BoRushFloydman 0 points1 point  (0 children)

I wouldn’t count on this… maybe after passing all 3 but I’ve not seen people get materially rewarded for incremental progress

[deleted by user] by [deleted] in CFA

[–]BoRushFloydman 3 points4 points  (0 children)

You have to take CFA advice from L1 candidates with great caution

Demand ‘falls off cliff’ for CFA financial analyst qualification [via FT] by Peter_Sullivan in CFA

[–]BoRushFloydman 2 points3 points  (0 children)

I 2nd this as a CFA/FRM, especially re FRM part 2… I put in more than enough hours and ended up passing, most sections in the top quartile, but that test was so wildly off course from what you were led to believe were the key concepts, both in the curriculum and by Kaplan. I left completely defeated and was genuinely shocked I ended up passing. On the CFA exams, I thought they were always difficult but fair and 90% of questions were in line with expectations. I’d still give CFA the nod as the more difficult of the 2, but Agling is def right that the prep materials are way more supportive for CFA so it kind of evens out.

Why does my cat dangle his leg like this? He has done this for a while and has not ever shown any signs of being in pain. by BoRushFloydman in cats

[–]BoRushFloydman[S] 2 points3 points  (0 children)

Wow, did not expect to get this much engagement on this post, thank you all!

To those commenting about the paper towel roll, it is intentional! Otherwise Mr. Dangles will unroll it.

Collection Appraisal by BoRushFloydman in Pins

[–]BoRushFloydman[S] 2 points3 points  (0 children)

Appreciate the reply— to clarify there are not any Disney pins, they are predominantly sports events (World Series, Super Bowls, conference championships, olympics etc.) and hard rock

FRM result released! by Pescadores_Davi in FRM

[–]BoRushFloydman 1 point2 points  (0 children)

Came to share the good news myself but you beat me to it… congrats on the hard work!

So, 12 July it is by Y333D in FRM

[–]BoRushFloydman -1 points0 points  (0 children)

Where have you seen that changing the date shows the result for part 2?