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re: CFA Check in thread.

Posted on 4/30/13 at 12:28 pm to
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 4/30/13 at 12:28 pm to
Hai guyz! How's it going lately?
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 5/25/13 at 1:13 pm to
One more week of this god foresaken shite frick of a lifestyle.

frick you accounting. frick you with a rusty AIDS robot caveman dick.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69902 posts
Posted on 5/25/13 at 1:49 pm to
quote:

frick you with a rusty AIDS robot caveman dick.



Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/27/13 at 1:37 pm to
Anybody got L3 secret sauce?

My personal computer broke, so I can't even search for it.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/27/13 at 2:23 pm to
I remember my practice test scores for Level 1 making a continually progressive improvement, i.e. 64 > 66 > 69 > etc., until I was consistently mid 70s and up.

Level II is like

68 > 70 (confidence rising) > 62 (confidence shattered) > 68 (completely numb to any sort of confidence or lack of confidence)

I hope what I've read about MPS being as low as 58-63 is correct and, also, that everyone is having a miserable holiday.
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 5/27/13 at 7:42 pm to
Last night I built a probability tree with expected values(based on potential scores and how they would affect my confidence) to determine whether I wanted to take the CFAI or the Schweser mock exam. My life has hit a new low and I'm only on L1.
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 5/28/13 at 7:19 am to
My friend sent this to me, pretty accurate:

Remember the great training montages in the Rocky movies? Where the champ could come back from a defeat to overcome a stronger boxer by just going through three minutes of training set to some kick*#@ music.

Ah, if only studying for the CFA exams were like that. You could slide through the first four and a half months of the year with your mind decidedly not in the game and then crank out a hardcore two weeks to beat the exam! Epic!

While you can’t expect to pass the exam with just two weeks of studying, what would your montage training program look like?

Eye of the Tiger
Picking up on the montage scenes in the movies where Rocky turns everything he can find into an exercise, you really need a diversity of study resources. Rocky’s montage may only last three minutes but yours will be two weeks and only doing practice problems is going to get boring. You need to be using flash cards, condensed reviews, practice problems, and single-sheet summaries. Just as you can’t expect to get well-developed pectorals from just a bench press, you need to hit the CFA curriculum from different angles to assimilate it.

Do you see Rocky taking it easy during the montages? No, he’s sweatin’ and pushing the limit lifting a 500 pound cart with Paulie in it. You can’t take it easy in your montage either. By now you know which topic areas are your most difficult. While it wouldn’t make much sense to spend a lot of time on something worth less than 10% of your score, you can’t afford to neglect any one section. Be realistic here and divide your time between those topics that carry a lot of weight and those in which you need the most work.

The beginning few sequences in Rocky’s montage sometimes start with him attempting a really heavy lift or exercise and not quite being able to get it, only to succeed with the same lift later on. For your montage, this means looking deeper into those practice problems or mock questions which were missed so you can answer them correctly if they come up again. It does you no good to just take a mock exam and look at your score. You have to actively study the questions you missed and understand what material you need to work on.

If you haven’t already, you absolutely need to take a practice exam now. Better yet, take two exams to make sure that your score in any particular topic area in the first practice wasn’t just luck. This is going to give you a good idea of where you stand for your grasp on the material.

nce you know how well you are doing on the material, start your two week montage hitting those practice problems, flash cards and review sheets.

At the end of your montage, maybe Wednesday/Thursday of next week, take another couple of practice exams to see your new, improved score.

Then get ready for the big day!
If the exams were a Rocky opponent…
Level 1: Apollo? Many Level 1 candidates are surprised the first time and fail but then come back for the win

Level 2: Mr. T? For most, the hardest exam and many candidates get overconfident after a passing Level 1 score. I pity the fool that don’t take Level 2 seriously!

Level 3: Ivan Drago? Still a tough exam but at this point, we all know that you are going to beat the exam though it may feel like you’ve got brain damage afterwards.

Ah, if only Stallone could live forever, “Rocky XXV: Clone Wars”
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2960 posts
Posted on 5/28/13 at 2:58 pm to
Great stuff.
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 5/28/13 at 3:34 pm to
quote:

Remember the great training montages in the Rocky movies?


It's sort of eerie, I've been having this one Rocky II scene that's just been stirring in my head for the last couple of weeks: Rocky 2 Church Scene.

I tell you, man, there are no words to describe what I've been through these past 9.5 months. As of today I'm coasting through my last week of classes, and finally breathing normally again now that the last of my presentations are out the way, but I've still got a gauntlet of exams to run this summer. Just 2-3 weeks ago I was in the midst of one of the nastiest tailspins I've ever been--just a total faceplant for about a week-and-a-half. I've taken some pretty big hits. In many ways, it still looks like I'm about to fail out. I'm not sure I even remember why I wanted this so bad for so long, or why I ever thought I could somehow get by once I got here. All the signs point to me having to face the fact that I'm about to get smushed by the competition, by all these younger whiz kids who can run circles around me with ease.

But here I am. I'm still alive. I'm still standing. And in one week it will be go time once again. Time to live or die.

:end CFA hijack:
Posted by GregYoureMyBoyBlue
Member since Apr 2011
2960 posts
Posted on 5/28/13 at 7:30 pm to
Speaking of Rocky movies...This was what i listened to before every day of studying during the last week of preparation. About 8 minutes long. LINK

First 2 minutes you can skip...the rest basically told me to nut the frick up. Any given sunday, Rocky, and any other pump up speech you really need. My personal favorite is around the 6 minute mark

"When you get to the point where all you want to do is be successful as bad as you want to breathe, then you'll be successful"

Best of luck to everyone this Saturday.
Posted by RemouladeSawce
Uranus
Member since Sep 2008
13930 posts
Posted on 5/29/13 at 10:13 pm to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/30/13 at 11:17 am to
Just bombed my first mock (64) after nailing the first couple (74 and 85). Worst part is that it was my last one I had not already done.


Meltdown mode in full swing.
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 5/30/13 at 12:54 pm to
I would have called it quits after the 85.

You coming to NYC in a few weeks with my brother?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/30/13 at 1:12 pm to
I'll either fail or set the curve.

Yes, I'll be there. Can I crash on your floor?
Posted by lynxcat
Member since Jan 2008
24139 posts
Posted on 5/30/13 at 1:28 pm to
Good luck everyone!
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 5/30/13 at 2:13 pm to
quote:

Can I crash on your floor?


Sho nuff. I might still be living in a hotel at that point though. Haven't even started looking for a place.

Thanks lynx
This post was edited on 5/30/13 at 2:14 pm
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 5/30/13 at 3:12 pm to
2 nights in an acceptable NYC hotel = my monthly rent.

Thank god for hilton points.
Posted by dewster
Chicago
Member since Aug 2006
25342 posts
Posted on 5/30/13 at 3:45 pm to
quote:

I'll either fail or set the curve.

Yes, I'll be there. Can I crash on your floor?


Good luck. I'm sure you'll do fine.

Try to relax before the big test and keep calm.
This post was edited on 5/30/13 at 3:47 pm
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5600 posts
Posted on 5/30/13 at 3:59 pm to
quote:

Chris Farley

quote:

TheHiddenFlask

Y'all want to hang out?

I've got hookers, blow, and a midget.
Posted by lynxcat
Member since Jan 2008
24139 posts
Posted on 5/30/13 at 4:01 pm to
quote:

Sho nuff. I might still be living in a hotel at that point though. Haven't even started looking for a place.

Thanks lynx


Are you moving?

I'm about to relocate, myself.
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