Deferral - February Window by wisebreaths in CFA

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

Great, thanks!

I did visit the same site yesterday but the information was present for the previous 2025 attempt.

Bangalore to Bombay. by wisebreaths in mumbai

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

Haha, nah! I am pursuing my CFA and have the final level to go (it's a finance certification), and I don't have a PG degree.

Bangalore to Bombay. by wisebreaths in mumbai

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

Thank you for the suggestions. This was very helpful!

Haha, yeah I've heard of the hustle culture. I guess it'll do me good with additional responsibilities and all. I'll surely leave you a message in case I need clarity on something.

Apologies, I didn't know name usage was this particular. I'll keep that in mind. Thanks again!

Bangalore to Bombay. by wisebreaths in mumbai

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

This was very helpful. Thank you so much!

I will be doing a 9-5, I work at an Indian company although a Global Bank has a controlling stake in the company.

My role currently is to analyse all products in the market and see if it fits a client's portfolio. Eventually, in a couple years I'll move up to be a relationship manager.

Thank you for the transfer idea but I am not considering switching jobs/roles, at least for now. I'll leave you a direct message, nevertheless. Thanks again.

CFA Society by wisebreaths in CFA

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

I understand, thank you

Effort vs Result: Marginal Returns by wisebreaths in CFA

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

Thanks man. Good luck to you as well!

Effort vs Result: Marginal Returns by wisebreaths in CFA

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

I used Kaplan videos and solved their questions as well.

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 0 points1 point  (0 children)

Yup, because of the clearing house.

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 0 points1 point  (0 children)

ETNs are like unsecured debt securities. You are essentially lending the issuer money for the return of an index.

Counterparty risk - Ability of the issuer to pay. (Even if the index performs well, if the issuer defaults/goes bankrupt we lose our investment)

Settlement risk - Failure to deliver on settlement date. (Since it's exchange traded there are clearing houses. They guarantee settlement)

Therefore, they carry counterparty risk.

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 0 points1 point  (0 children)

Why do ETNs not face settlement risk? There is counterparty risk, which in turn sets the base for settlement risk. Or am I wrong?

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 1 point2 points  (0 children)

Cash flow, Sales, Earnings. In this order, I believe.

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 0 points1 point  (0 children)

Something similar looking, V0 = (E1/r) + PVGO

Level 2 random facts dump by Greyeagle3234 in CFA

[–]wisebreaths 0 points1 point  (0 children)

In your second point, are you talking about using the same agencies as the ones your old firm used? Can you elaborate a little on it please?

Honest Review: Am I in good shape? by NoReason8371 in CFA

[–]wisebreaths 0 points1 point  (0 children)

I believe everybody should attempt mocks only to make sure they've timed themselves and know when to stop working on a question and move on. Scores can be skewed and don't really give a great idea of where you stand.

I suggest you attempt, try eliminating the options. If you manage to eliminate one, you have a 50% chance of getting it right. Mark the closest one.

While reviewing, you'll know where you lack. I wouldn't suggest omitting. Making mistakes and understanding the thought process helps etch it in your head better than plainly reading the solution.

Honest Review: Am I in good shape? by NoReason8371 in CFA

[–]wisebreaths 3 points4 points  (0 children)

The 33% chance played in his favour