By most accounts, BuffetT has a photographic memory and a rainman-like ability to do calculations in his head. The homespun/common sense image is a façade. He is a human computer with a freakish intellect purporting to be a simple awshucks country boy. He is undeniably a genius. If he read something about composite construction while taking a shit in 1989 he would remember the article VERBATIM. He is that smart. He would do the calculations in his head in seconds. He would answer all FSA, bond pricing and econ questions without a problem. He could cover any topics he doesn’t know in a day or two and remember everything perfectly In short, he is slightly smarter than me and would have no problem.
Well…looks like the verdict is out then. It was just a thought that’s all. CFA claims its the “Gold Standard”, so I was just wondering what if Buffet (or any other successful investor) disagrees with what the CFA teaches, who would claim to be right or wrong. Obviously I know you can’t question Buffet’s history and knowledge. That’s not what I was intending to do with my question. As for me, looks like its going to be another disappointing year with my exam.
Some follow up questions before I lock in my final answer: Is this buffet all-you-can eat? Assuming it is a Chinese buffet are their crab rangoons offered? and finally, Are there sneeze shields installed above the buffet offerings?
Haha…ok…thanks for pointing that out…I unfortunately can’t edit my post for some reason.
Sponge_Bob_CFA Wrote: ------------------------------------------------------- > Some follow up questions before I lock in my final > answer: > > Is this buffet all-you-can eat? > Assuming it is a Chinese buffet are their crab > rangoons offered? > and finally, Are there sneeze shields installed > above the buffet offerings? Buffet sneeze shields > CFA
Put me in the camp that thinks Buffett won’t pass L 2 or 3 without opening any books. Too many random questions that no one uses in the real world + tricky wording. By the way, has anyone passed the Ethics section without being brainwashed by the CFA way of doing things?
I studied level I ethics pretty thoroughly, but seriously spent a total of 1.5hrs on level II ethics. Seemed the same as level I except there was some prudent man rule and a short chapter on soft dollars. I’m glad I spent only 1.5hrs because regardless, if I spent 30 hrs, I probably would have answered the 12 questions the same.
higgmond Wrote: ------------------------------------------------------- > Note to Self: Don’t Google “Hillary Scott” at > work. > > 2nd Note to Self: Compile a list of “adult” > actresses (while at home) to avoid another Hillary > Scott incident at work. shame on you for not knowing this and by the way the answer to this is yes she has gone airtight many a times
@supersadface: Snowball is a far more detailed account of WEB’s personal life. Lowenstein handles the business side pretty well. You could always go with the Kilpatrick books too… And this is from someone who flies from Australia to Omaha for the AGM…
oooh… tantalising alman888 Basically you have either shook his hand or shook someones hand who has. That’s impressive.
Yep, I was there last year for the final International Meet and Greet. Let’s not forget there were 800 or so international shareholders there. It’s a looooong queue for the elevator up to the 1st level of the Qwest Center.
Lucky you. Did you get a chance to say something other than hello? Any sort of meaningful conversation? That’s so cool. I bet you dine out on that one.
As for the OP - I really doubt it. For example, would most doctors with 20+ years experience pass USMLE exams? Probably not because a lot of their work is much more intuitive.
If Buffett avoided taking the Series 7 due to a risk of failing, he probably would not attempt taking the CFA under any circumstance.