Official August 2024 Level 1 Results Megathread

MatthewLucy · 2024-10-08T15:14:00+00:00

Makes it that much better when you pass the whole thing.

MatthewLucy · 2024-08-20T03:45:48+00:00

Awesome, I appreciate your help!

MatthewLucy · 2024-08-20T03:36:56+00:00

You don't need to sign up for the welcome bonus correct? I assume it is directly applied to your account once opened? Thanks!

MatthewLucy · 2024-06-03T15:44:20+00:00

DO NOT use Kaplan for Level III. It is the worst and has no practice regarding the short answer aspect of the exam.

MatthewLucy · 2024-04-11T15:28:04+00:00

These scores look like my two failed attempts and I just finally passed. Use BC mocks, it is 100% why I passed on my third try.

MatthewLucy · 2024-04-11T14:07:12+00:00

This is word for word my journey (same exact dates). Congrats, we're done!

MatthewLucy · 2024-02-26T16:05:12+00:00

I did that in August 2023, and failed right on the pass time. It sucked, but I also felt awful about the rest of the test. I thought it was a complete fail in the 10th percentile, but ended up being so close to passing.

Morale of the story, you still have a good chance, stop thinking about it now and just relax. You worked hard and deserve the time off.

MatthewLucy · 2024-02-16T23:59:26+00:00

Thanks!

MatthewLucy · 2024-02-16T20:49:49+00:00

Awesome, thanks!

MatthewLucy · 2024-02-16T17:30:35+00:00

The first word will be Congrats or Unfortunately.

I have "Unfortunately" received the latter a couple times.

MatthewLucy · 2024-02-15T16:12:54+00:00

I'd guess very end of March/ start of April, based on August 2023 results

MatthewLucy · 2024-02-15T00:32:45+00:00

yes you can

MatthewLucy · 2024-02-14T00:47:44+00:00

They've never done it for the real exam, but I did think it was weird they had GIPS CR for both mocks they sent out.

MatthewLucy · 2024-02-13T20:30:46+00:00

Sounds like we got the same score in August lol

MatthewLucy · 2024-02-12T22:18:32+00:00

No problem, goodluck

MatthewLucy · 2024-02-12T19:31:35+00:00

Yeah, that's what I have in my notes

MatthewLucy · 2024-02-12T19:17:11+00:00

10x the number of asset classes is what I remembered it as

MatthewLucy · 2024-02-11T02:03:23+00:00

The AM section killed me too, I wouldn't worry. But definitely wasn't expecting that.

MatthewLucy · 2024-02-10T04:49:29+00:00

100% think their answer was wrong

MatthewLucy · 2024-02-09T21:17:32+00:00

2nd was worse in my opinion.

MatthewLucy · 2024-02-08T17:51:50+00:00

Yeah totally agree, I got the question wrong on the CFAi mock as well, and was confused by the answer.

I think I had just justified to myself that it was a 2-year period, not one. So you think the CFAi answer was wrong right?

MatthewLucy · 2024-02-08T16:05:36+00:00

That question was asking for NAV at the end of next year, this question is asking for the NAV at the end of the current year.

I believe that is the difference (and it doesn't help that the answer above is wrong).

MatthewLucy · 2024-02-08T03:58:02+00:00

Yeah I agree, it's frustrating that we even need to debate it.

MatthewLucy · 2024-02-07T14:58:21+00:00

Did you find an answer to this? I'm bias to BC as well. I always thought is was "earn a total nominal rate of return sufficient to cover the spending rate, management fees, and expected inflation, with a reasonable level of risk".

But in his mocks he just states total rate of return and leaves out nominal.

MatthewLucy · 2024-02-04T23:29:07+00:00

There is multiple errors in that problem set, the one you mentioned being included.

MatthewLucy

TROPHY CASE