MissCleo Wrote: ------------------------------------------------------- > Honestly no firm is going to come calling based on > letters. All CFA tells is that you can recite some > formulas, albeit an absurd amount of formulas, and > that you are smart enough to retain all that > information. The best analysts I know don’t have a > CFA. Work experience and actual skill trumps > letters any day of the week, whether it’s a CFA > CAIA or whatever. Ha, reciting formulas and retaining info may work for level 1, maybe even level 2… but definitely not for level 3. Come on now, I think there’s a little more to it than that, no? A lot of smart people pass level 2 yet the pass rate for level 3 is in the low to mid 40s. I think you’re confusing this with the series 7. I do agree that work experience and skill are extremely important, however, there are better ways of communicating that statement without diluting the value of the charter… giorgio10, just take the CAIA exam and be done with it. Down the road if you feel compelled to take the CFA exam, then go for it… it certainly can’t hurt you. If you want to advance your learning then apply for membership with CFAI (non charterholder status) so you can have access to their publications, each issue usually has a piece on hedge funds. Otherwise, just ask someone to recommend a book specific to what you are doing or want to do in the future. If that doesn’t do it for you then go on a reality tv show. good luck.
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By the way, love the Miss Cleo reference. Call now fo yah readin’!