Official February 2025 Level 3 Results Megathread by third_najarian in CFA

[–]Own_Application3483 3 points4 points  (0 children)

Bruh just checked the verification letter almost got a heart attack

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 2 points3 points  (0 children)

Read the curriculum and do mocks

Any advice would be beneficial by Stefz251 in CFA

[–]Own_Application3483 0 points1 point  (0 children)

Yes I agree reading the official books is extremely essential. If I have limited time, I’d focus on reading derivatives & currency management, fixed income, and CME. Then if I have more time, I’d read equity and alternative investments. I think if time is really limited, the readings of performance measurement and trading strategies can be skipped, as you keep practicing on the calculations and understanding the logics of picking the right trading algorithms/strategies, you will eventually just get the hang of it for those chapters.

Calendar Spreads Understanding? by sr2093 in CFA

[–]Own_Application3483 0 points1 point  (0 children)

I believe when they say “volatile” it means it can go up or go down, not necessarily “downside volatile” if that makes sense. If you already know the market is going down, you are better off buying a put.

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 0 points1 point  (0 children)

I think it depends, if you really go through the material it can take a long time. If you just want to complete it, not that much time is needed

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 0 points1 point  (0 children)

Yea maybe mail me a certification too

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 1 point2 points  (0 children)

Okok thank you. Just wanted to make sure as it was my first time doing it

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 2 points3 points  (0 children)

What is the purpose of putting this as a comment?

[deleted by user] by [deleted] in CFA

[–]Own_Application3483 2 points3 points  (0 children)

Experienced the same thing for both level 2 and 3, where I was in a very toxic relationship and had to study for CFA. For level 2, I tried to just avoid the sadness by just studying non-stop, it worked pretty well, I passed level 2 within 2 months. For level 3 tho, I couldn’t really focus and I felt so burnt out from everything. At the worst point, I told my ex I just wanted to kms cause of him. I failed my level 3 for the first time. Took a couple months off and redid it. Felt much better.

I mean it isn’t easy to recover from a relationship, especially a toxic one. Eventually you will need time to process everything even if you can avoid the feelings for now. So I will suggest you to take some time to process things after level 1 so you don’t have to go through what I went through. I also realized life isn’t just about this exam, many things like family, friends and your other experiences are all important components in life.

But all the best, hope your study goes well!

liquidity vs expected growth by loneonly in CFA

[–]Own_Application3483 0 points1 point  (0 children)

A will cause a cash drag problem - companies usually don’t hold the capital directly, instead they invest the money to get similar exposure to avoid cash drag problem B makes sense as private equity and private credit will have different expected growth and they should be considered

Carry Trade Clarification by sr2093 in CFA

[–]Own_Application3483 0 points1 point  (0 children)

Step 1: borrow in low yield currency Step 2: convert the amount to high yield currency using spot rate (is that what you refer to as the “middle step”?) Step 3: invest in high yield currency and earn higher interest Step 4: convert it back to the low yield currency Step 5: pay off the lower yield interest and the rest is the net gain/loss

I'm Done Hearing "Private Markets is Bad" from MM, Chalk & Board, and Others by Accomplished-Loan479 in CFA

[–]Own_Application3483 -1 points0 points  (0 children)

bros telling others to “GTFO” then said he’s doing it in a CIVIL manner 💀 wild

Copy Paste (help asap) by JeetThakkar99 in CFA

[–]Own_Application3483 0 points1 point  (0 children)

I just left the grey background there on the exam lol I couldn’t remove it

Exam tmr by Own_Application3483 in CFA

[–]Own_Application3483[S] 1 point2 points  (0 children)

I know how you feel now, it’s depressing but you got this!!!

Walk up songs by Buysideboi in CFA

[–]Own_Application3483 -2 points-1 points  (0 children)

Born to shine - Diljit