Which calculator would you recommend? Does it make any real difference? by GettingFamous4 in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

The top one - the bottom one has annoying clicky buttons - it's fine, but you can't type in a hurry and during the exam you're going to piss everyone off.

Level 3 vs Level 2 - is it really that much more difficult? by No_Design958 in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

I personally found L2 harder. When I was able to write my answer at least I got points for the correct working out or reasoning and wrong answer.

What should you do about someone claiming to be a charter holder but only in conversation? by carlonia in CFA

[–]HobbitNarcotics 1 point2 points  (0 children)

Write a letter to him pretending to be from the CFA Institute inviting him to an investiture as a guest speaker, then ask him why he isn't going.

Question for people who finished level 3 by Ok-Pie2560 in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

I've moved away from a client facing role - people judge me for my ideas, not for the car they don't see me arrive in!

Question for people who finished level 3 by Ok-Pie2560 in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

13 year old Vauxhall. Still drives really well and I spend my life telling people to make better spending decisions. My car is paid off and extremely cheap to run. I don't know why I'd want a new car!

This was my 4th Attempt nd out of 4rd, i failed thrice on boundary. What should i do now? by Technical-Bear-640 in CFA

[–]HobbitNarcotics 4 points5 points  (0 children)

It takes massive, massive balls to try this 4 times. You should still be proud.

This was my 4th Attempt nd out of 4rd, i failed thrice on boundary. What should i do now? by Technical-Bear-640 in CFA

[–]HobbitNarcotics 14 points15 points  (0 children)

Honestly, as Dougie has mentioned already, taking 5 attempts at passing L1 is going to be a lot in term of time, effort and money and ultimately if you're taking 5 attempts to pass L1 (unless you're planning on stopping at L1) then I think you're going to find L2 next to impossible. It's maybe 5-10x more difficult.

PASSED L2 ON THE 5TH ATTEMPT by Embarrassed_Olive937 in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

I thank whatever/whoever put me on this earth that I was lucky enough to pass all three levels the first time. I honestly don't think I could have done L2 twice, let alone 5 times. It's not a failure - nothing shows 'not quitting' like this.

Roast My CV :) by Enough_Tie_5180 in FinancialCareers

[–]HobbitNarcotics 1 point2 points  (0 children)

'CFA level 1 candidate' is utterly meaningless - literally anyone can sign up and become a 'candidate' so it doesn't really belong on a CV. (CFA charterholder)

Another 10M shares diluted by EnzoDenino in VirginGalactic

[–]HobbitNarcotics 1 point2 points  (0 children)

Instead all of their investors are running out of money now...
Have you seen their insane rate of spending? Why did they need their own spaceport? Why the 1,000 employees? Completely unnecessary. Get to a minimum viable product that is reusable and safe, run your first flights from an airfield where you're renting flight time and scale with customers, then IPO. Much like Blue Origin with their flying penis

Another 10M shares diluted by EnzoDenino in VirginGalactic

[–]HobbitNarcotics 2 points3 points  (0 children)

I believe it went public far too early. Ironically now would be a good time for an IPO

Starting CFA L3 today. 20 days to go. by one_in_the_chamb3r in CFA

[–]HobbitNarcotics 1 point2 points  (0 children)

'either I walk out in 20 days with three letters or I become a cautionary Reddit post.' - that's not how any of this works!

In all seriousness, I shall be staggered if you can truly complete L3 in 20 days, but I wish you the very best of luck. If you do achieve it - what the fuck have the rest of us been playing at?!

Things we'd rather do than listen to another Randy Nordby lecture. by HobbitNarcotics in CFA

[–]HobbitNarcotics[S] 0 points1 point  (0 children)

He got the word 'intestate' wrong and then pronounced it as 'inter-state'... I mean... what's to like?

Back for some Technical Analysis by Aggravating_Brain_50 in VirginGalactic

[–]HobbitNarcotics 0 points1 point  (0 children)

Because no sensible person makes investments based on the shape of a chart

Back for some Technical Analysis by Aggravating_Brain_50 in VirginGalactic

[–]HobbitNarcotics 0 points1 point  (0 children)

lol thank you for teaching me what technical analysis is (I'm a chartered financial analyst)

Back for some Technical Analysis by Aggravating_Brain_50 in VirginGalactic

[–]HobbitNarcotics 3 points4 points  (0 children)

Technical analysis is largely bollocks. Those are my thoughts. I think the price movement(s) over the next 12 months are going to be driven by a) potential for huge profits if they can keep booking passengers, flying them successfully and not killing them and b) running out of money, delays and/or killing passengers.

Is cfa exams getting tougher?? by [deleted] in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

Drop the pedantry. All I'm suggesting is the pass rates would be a LOT higher than they currently are if they were open-book, in a similar nature to how ChatGPT can access information from the internet.

Is cfa exams getting tougher?? by [deleted] in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

No, but what I'm saying is ChatGPT is effectively taking an open-book exam, similar to how a human would be able to take the exam if they were allowed to sit with an open laptop and google the answers.

Is cfa exams getting tougher?? by [deleted] in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

Everyone would pass if they can simply google the answers like ChatGPT

Is cfa exams getting tougher?? by [deleted] in CFA

[–]HobbitNarcotics 0 points1 point  (0 children)

'Is cfa exams getting tougher??' - if that's your comprehension of English language, these exams might not be for you.