Hardest Level 1 Reading?

What would you say is the hardest reading for Level 1? So far I’m gonna have to say… Reading 38: Analysis of Income Taxes. This thing is impossible for me to get through. Maybe something harder will come along in the last 3 books.

you’ll get that stuff after a few reads through it. You’ve got fixed income coming up. That’s a fun one.

it all depends on your background, if you have accounting background, that stuff is probably a walk in the park for you. If you have some math background, fixed income, quants, port man and those wouldn’t be so bad either personally though, I hate reading through GIPS and corporate governance, that stuff was pure memorization, well you can sort of use some common sense to make it easier to memorize