Hi people, yes I’ve failed Level 2 as well. My band is 2. I think the main reason was that I changed jobs during the preparation and I did not input enough time into reading the whole material ‘cos sometimes I was too lazy to that after work. I was able to read only 4 and a half books and stopped reading in early May, did about 1000 sample questions and had 3 mocks before the exam. Still, didn’t work for me this time. But you know, I am not too sad about it because my failure means that I simply don’t deserve to pass it this time and it’d be only fair to prepare for Level 2 again. This way in the future I will be more confident at work while managing clients’ funds by knowing that I actually deserved to pass this hardest exam. I wish good luck to everybody ! And you know - NEVER GIVE UP !
Cleo, assuming you’re not a troll, I would say log off this forum for at least a month. Rest. And when september rolls around, then start studying again. By studying now, you’re just risking more fatigue when May comes next year.
Palantir Wrote: ------------------------------------------------------- > Cleo, assuming you’re not a troll, I like this caveat.
For those of you who think u got it bad; I failed for the 5th time. Was a Band 10 last year and put in lots more effort this year but still came out a Band 9. I’m not the type that gives up easily though, I’m like a machine that just keeps coming at you and I wont stop until one of us breaks. I will win the war. CFAI will be defeated!!
Charmarr - I admire your perseverance man. I hope u demonstrate the same perseverance in other important things in life as well. Chamarr Wrote: ------------------------------------------------------- > For those of you who think u got it bad; I failed > for the 5th time. > Was a Band 10 last year and put in lots more > effort this year but still came out a Band 9. > > I’m not the type that gives up easily though, I’m > like a machine that just keeps coming at you and I > wont stop until one of us breaks. I will win the > war. CFAI will be defeated!!
MissCleo Wrote: ------------------------------------------------------- > I wish there were a bullet proof strategy, but the > thing is studying for 1000 hours doesn’t guarantee > a pass. I’d gladly give up my life savings and saw > off my hand with a rusty blade for a pass. > Unfortunately with my level of IQ bulletproof > doesn’t exist . . . . . … . . . . . . . . . . ,.-‘”. . . . . . . . . .``~., . . . . . . . … . . . . .,.-”. . . . . . . . . . . . . . . . . .“-., . . . . … . . . . . …,/. . . . . . . . . . . . . . . . . . . . . . . ”:, . . . . . . . … .,?. . . . . . . . . . . . . . . . . . . . . . . . . . ., . . . . . . . . . /. . . . . . . . . . . . . . . . . . . . . . . . . . . . ,} . . . . . . . . ./. . . . . . . . . . . . . . . . . . . . . . . . . . ,:^.} . . . . . . . ./. . . . . . . . . . . . . . . . . . . . . . . . . ,:”. . . ./ . . . . . . .?. . . __. . . . . . . . . . . . . . . . . . . . :. . . ./ . . . . . . . /__.(. . .“~-,_. . . . . . . . . . . . . . ,:. . . … ./ . . . . . . /(_. . ”~,_. . . …“~,_. . . . . . . . . .,:. . . . _/ . . . .. .{.._$;_. . .”=,_. . . .“-,_. . . ,.-~-,}, .~”; /. .. .} . . .. . .((. . .*~_. . . .”=-._. . .“;,,./. . /” . . . ./. … …/ . . . … . .`~,. . …“~.,. . . . . . . . . …. . .}. . . . . . ../ . . . . . .(. ..=-,. . . .. . . . . . . . . . . ..(. . . ;\_,,-” . . . . . ../.~,. . …-.. . . . . . . . . . . . . . ..\. . /\ . . . . . . \~.*-,. . . . . . . . . . . . . . . . . …|,./…,__ ,. . . . . }.>-.. . . . . . . . . . . . . . . . . .|. . . . . . …=~-, . .. =~-, . . . \,. . . . . . . . . . . . . . . . .\ . . . . . . . . . .=~-,.,. . . . . . . . . . . . . . . .\ . . . . . . . . . . . . . . . . :,, . . . . . . . . . . . . . . . . . . . …. . . . . . . . . . . . . . . . . . .=-,. . . . . . . . . .,%>–
Magic Sky if you have a bullet proof strategy I’d gladly give half of my salary next year to you, and I make 60k a year.
Bukkaki
obviously i don’t have, but come on, saw off your hand? wtf is that? I’ll tell you what it is; it’s just crazy talk. This isn’t a Steven Spielberg movie, so take it easy on the drama and carry on living your life. You make $60,000 per year? Guess what, that’s almost twice the median household income in your country. I myself have made only $30,000 for the last 2 years; made $55k my first year out of university, then some bad $hit out of my control happened, and i had to find other work. Am I pissed off about it? sure, but I don’t walk around making bat-shit crazy remarks about choppin various parts of my body off over it… I formed a loosely ambitious plan and got to work on improving my life, while still taking time to enjoy it while I’m still young. I recommend you do the same if you’re so bent out of shape at your current situation. And since when does IQ matter to income? I’m sure there’s a loose correlation, but the richest business moguls are not einsteins, and not even that well credentialed. Rupert Murdoch is an idiot, George Bush is stupid (despite the harvard mba), Donald Trump sure thinks he’s smart but I doubt it, and I’m pretty sure that 90% of the millionaires in Texas are dumb as rocks (but they make up for it with loudmouth aggression). Either way, you are as smart as you are, and whether you’re as bright as Steven Hawking, or as dumb as Elmer Fudd, it is what it is, and you gotta play the hand you were dealt.
ZealVoyage Wrote: ------------------------------------------------------- > MissCloe, > > I think you take it too seriously. Control the > exam and don’t let it to control you. Being a > Chinese who have lived with endless brutal exams > since 6 yrs old, I can tell you that in many cases > you fail not because you study too little but too > much. > > Why not chill out and go back to the books when > you are mentally back in shape again? > > I failed too this time but don’t mind taking it > again. Actually I do need to study it thoroughly > to grasp the knowledge which I never learned in my > formal education. > > Cheer up. 
You may be right. I studied nothing but the entire CFAI texts but didn’t do as many exams as I needed to. I also didn’t have enough time to re-read all topics. I failed miserably. I enjoyed reading the texts a lot. My strategy now will be to read Schweser as many times as possible. Do a ton of practice exams as well as CFAI’s EOC. Hopefully this will help me this time around. I’m also starting to wonder if the charter is that important. I know CIOs, Senior Portfolio Managers and Ivy League educated people who gave up on this thing. My weakness is that I like to finish what I have started. My career is decent. I believe I earn similarly or better compared to someone who has the charter in the same field. But I need to be better in the way I approach life. I need to be smarter and more strategic. Bill Gates and Zuckerberg dropped out of school. I admire that smartness. I already know CFAI is a cash cow. The exam is not representative of real work experience. managing money or analyzing securities is not full of tricks and ambiguous as this exam. One more time and I’m out if I don’t pass. A former boss with an MBA and the charter was fired replaced with somebody without an MBA nor the charter. Obviously there is no correlation to having the charter and being successful in the industry. It is all about the quality of your work and networks.
miss cleo Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “press on” has solved and always will solve the problems of the human race think about that for a while
Swappy Wrote: > to. I also didn’t have enough time to re-read all > topics. This.
pimpineasy Wrote: ------------------------------------------------------- > miss cleo > > > Nothing in this world can take the place of > persistence. Talent will not; nothing is more > common than unsuccessful people with talent. > Genius will not; unrewarded genius is almost a > proverb. Education will not; the world is full of > educated derelicts. > Persistence and determination alone are > omnipotent. The slogan “press on” has solved and > always will solve the problems of the human race > > > think about that for a while Pimpneasy, thought about it. All of those people who could do O-Chem without blinking an eye, while I had to spend night after sleepless night in the library to get a C, they’re laughing at me with their 200k a year MD gigs. Talent wins. Those people who hardly ever trained in cross country and smoked me, even as I ran 60-70 miles a week, talent wins. It always has and always will. That’s just life. I’ll never be as successful as those talented people, but life’s not fair. Like Marguerite Dugas said “Very early in my life it was too late”
ur asian right i wonder if this has something to do with your outlook…ever watch gattaca? watch it , get inspired and chillax
uh. if people can vastly outrun you with NO training. I’m not sure there’s talent involved. Being born incredibly athletic?
Life is like a game of cards. The hand you are dealt is determinism; the way you play it is free will…Speaking of drama…I have an msc in finance and have been unemployed since i graduated on the 30th novemeber 2009…I dont earn 60k a year…nor do I think I will ever have the opportunity to set foot in an asset management office despite slaving through the CFA programme with a miraculous and perhaps undeserved pass for the second level…Its good that you demand of yourself the best that you can be miss cleo but you are definitely not on the downside of advantage. Chin up!
MissCleo… you need to get laid.
magicskyfairy Wrote: ------------------------------------------------------- > MissCleo… you need to get laid. amen quickly and repeatedly…
speaking of which, is Miss Cleo a doode or what?
b.u.k.k.a.k.e