How did you rank the exam difficulty on a scale of 1 (Easiest) to 10 (Hardest)
Fair.
6.6666667
AM was brutal, PM is easiest I ever see AM is 8 or 9, PM is 1.
AM 6, PM 6
wow - thought the complete opposite. THe morning was straight forward; the afternoon was classic CFAI ambiguity - “house money?” are you fucking kidding me
The PM section was decently hard, maybe not as hard as LII PM last year, but I felt harder than AM essay. There were some questions that did stump me.
How are people still confused by house money? Or maybe I’m just a degenerate gambler…
it was fair overall … but was a tricky exam in my opinion … typical of CFAi
wuyuan17 Wrote: ------------------------------------------------------- > AM was brutal, PM is easiest I ever see > AM is 8 or 9, PM is 1. Similar to how I felt. I would say AM was 7, PM was 2.
I personally felt house money meant to take more risk, but I picked hold for the question on loss aversion. I debated between hold and add more, but leaned to hold as add more is a quality of constant mix and a risk reducing strategy.
I think difficulty was fair. - AM was consistent with the 2008 edition i.e. you have to hurry up if you want to finish and finished 10 minutes before end. - PM was fair as well. I had almost 30 minutes to check calculations and revert 1 or 2 answers on ethics and a few others. MH
jmh530 Wrote: ------------------------------------------------------- > How are people still confused by house money? Or > maybe I’m just a degenerate gambler… Brilliant!! You aren’t the only one
AM-5 PM-1
jmh530 Wrote: ------------------------------------------------------- > How are people still confused by house money? Or > maybe I’m just a degenerate gambler… I don’t get it either. Doesn’t anyone here go to Vegas?
I thought am was very easy, pm fairly hard, but not out of control. finished both with a lot of time left.
Thot overall exam was not the hardest it cudav been, but it was not fair in the sense of testing knowledge. Felt like I was being punked in the PM session. Most stuff I’d expect too show up wasn’t there and a lot of obscure sh!t was. Have less respect for cfai every day. Starting to think institute is a sect.
difficulty, AM
AM - 5 PM - 3
Thought AM was a little tricky, 7 or 8. PM, 1 or 2.