About halfway through Qaunt and it is painstakingly boring. I hope this is the worst of the readings…
Really? I thought it was the easiest section.
I skipped that section. I’ll go back to it when my brain is ready to take the heat.
QAUNT is MISERABLE…easily going to be the hardest section on the exam (FSA is second, derivatives third)
Agree with rankings above, some of this material just drones on, having read through and answered EOC questions, it is so easy to forget the detail.
Quant really isn’t that hard it’s just written terribly. if you create your own ANOVA table with equations and definitions it makes it a lot easier to understand.
Stalla Video lecture on QM by David H. was excellent. I watched '09 version and found it to be very helpful.
CPAbeatsCFA Wrote: ------------------------------------------------------- > QAUNT is MISERABLE…easily going to be the > hardest section on the exam (FSA is second, > derivatives third) Completely agree, just like Damil4real I skipped Quant after getting through the first reading, now that I’m done with everything else it’s time to go back… I’m not looking forward to this.
same with me. Quant was terrible.
I barely got through the first painstaking reading. Question for retakers, on L1 it wasn’t necessary to memorize the more complicated quant equations but is it the same on L2 or did some of the harder equations pop up on the exam?
The quant questions on the 2009 Level 2 exam were mostly about interpreting regression results and confidence intervals. I don’t recall any questions about non-stationarity or any of the other more abstract parts.
Hitting quant first while my enthusiasm is the highest. Definitely pretty dry - especially since all I have is the CFAI texts. Saving ethics for last so it’s fresh in my mind during the exam…
I have completed doing my Quant reading. Third reading seemed to be the heaviest. Post your questions here and we all can discuss. Will be a kind of revision for those who have completed this part. Edit: I did this from CFAI text after initially trying to do it from Schweser. I think CFAI was better. They keep repeating same thing over and over again to the point you finally get it. It may not work so good for other topics, but works great for Quant 
Thought linear/multiple regression and the majority of time series analysis was OK. Last few pages of time series were pretty damn tough though.
ahh, didnt see this before my post. At least i’m not the only one struggling with it. I can’t wait to get quant over the finish line (bogged down in time series). Of course, if I failed level 1 (took in Dec) and I started studying this stuff for nothing, i will be royally pissed…
feeling better after this post…didn’t think I was alone! I read through the three parts of quant knowing I was retaining about 25% of it. Its giving my brain a good warm up, though. Hasn’t been a complete loss! Still have not attempted a single EOC question. And I’m def not ready - will move on to eco (looking forward to it!) and pick up this quant biz again with some schweser help…and a little help from my AF friends. good gawwd.
Regression is pretty straightforward, the time series reading is where the trouble starts for me.
Quant is amazing, no matter how many times I have learned some of this stuff in high school, undergrad and business school, I still always seem to forget the intricate details. It’s just one of those things, at least for me, if you don’t use often in your everyday life, it’s out the window.
InsertNameHere Wrote: ------------------------------------------------------- > if you don’t use often in your everyday life, it’s out the window. That’s the whole CFA sylabus summed up for me. The volume of information is crazy in this level. The worst thing is by the time I get to the fourth/fifth book, I have almost completely forgotten what i read in the first! The only way through this exam for me is repitition.
mambovipi Wrote: ------------------------------------------------------- > InsertNameHere Wrote: > -------------------------------------------------- > ----- > > if you don’t use often in your everyday life, > it’s out the window. > > > That’s the whole CFA sylabus summed up for me. The > volume of information is crazy in this level. The > worst thing is by the time I get to the > fourth/fifth book, I have almost completely > forgotten what i read in the first! The only way > through this exam for me is repitition. That’s pretty good if it takes you till the fourth or fifth book to forget. I was at the gym yesterday thinking about the stuff I just read in readding 22, and couldn’t remember what reading 21 was about! (I finally remembered but it took me a while)