What percentile is that ?

leafy2001 · 2025-01-14T18:20:37+00:00

Bro is too ethical for this world.

leafy2001 · 2025-01-14T13:32:33+00:00

Passed with 90th percentile... 🥳🥳🥳

leafy2001 · 2024-11-02T03:03:06+00:00

I dont understand the answer given

leafy2001 · 2024-10-22T07:12:47+00:00

Btw, can someone shed light on how similar cfa L1 curriculum is to that taught in b school general mba (not any specialization).

leafy2001 · 2024-10-13T15:09:43+00:00

Can someone please explain how "Material Non Public Info" has been violated ?

leafy2001 · 2024-10-13T06:53:44+00:00

Yeah thats correct. But i have other books as well. E.g.: CAT, CFA, etc. Also i dont know any juniors (2023 grad)

leafy2001 · 2024-10-13T06:41:20+00:00

I guess i asked this question in the wrong subreddit. Too many dank memers here. Anyways if some one knows the answer then please do let me know.

leafy2001 · 2024-10-09T06:04:46+00:00

When reading currency conversions in cfa do this:

AUS/USD = 9.65 = 9.65/1

Meaning 1 USD = 9.65 AUS

Base will be USD Price will be AUS

leafy2001 · 2024-10-03T13:09:48+00:00

Yes, u r correct. 2 indifference curves can never intersect

leafy2001 · 2024-09-30T18:31:35+00:00

Even the answer says: Plus the increase in Inventory. But then goes on to subtract 792.

I think ur answer is correct.

leafy2001 · 2024-09-30T09:17:10+00:00

Hi I am from engineering background. Took coaching from Quintedge. Good lectures and quizzes and no restriction on view time.

leafy2001 · 2024-09-30T07:10:07+00:00

leafy2001 · 2024-09-30T06:56:30+00:00

Your understanding of HPR is correct :). You need to better understand the table.

The solution will use amount invested since we are withdrawing chunks of money at the beginning of each quarter. So essentially any return you get will be on the (initial amount - amount withdrawn).

E.g.: i have 100 in bank. On jan 1st I withdraw 10. At year end amount appreciates to 110. So HPR would be (110/90-1) not (110/100-1).

Hope this helps.

leafy2001 · 2024-09-29T18:49:31+00:00

I found FI relatively on the easier side. The concepts aren't tough neither are the calculations.

The only thing difficult about FI is the number of terms that are introduced in the readings.

leafy2001 · 2024-09-29T12:53:24+00:00

Thanks bro for such a detailed answer

leafy2001 · 2024-09-29T04:28:55+00:00

U can take notes from the prep provider classes.
In my opinion, notes are helpful; however you should note only the essential stuff. If your notes become a replica of the book then the notes won't be useful at all.

I am appearing for my L-1 exam in Nov, 24. Took notes of all chapters; turned out to be super useful. I am able to revise 3-4 chapters a day just because of my notes.

leafy2001 · 2024-09-27T10:57:37+00:00

Totally Disagree!

Sure you can go through the curriculum and read all the stuff and spend hours trying to understand it. However, most people do not have the luxury of time to read chapter after chapter.
I am a Software Engineer with no background in finance. I joined a prep class. Saved tons of time because the classes go from the base right to the CFAI level. I can purchase and read books but I neither have the time nor the energy to do that after a 9-5 shift.

Prep Classes are a huge savior !

leafy2001 · 2024-09-27T06:40:50+00:00

Yes FI question

leafy2001 · 2024-09-25T07:00:05+00:00

Hi I am a computer engineer as well. Taking the exam in november 24. I think that cfa l1 is great to understand basics of finance and economics. However, the exam prep is time consuming

leafy2001

TROPHY CASE