So glad to see I’m not alone. I just saw this thread after posting my message about time series. I was fine with the rest of the chapter until I got further into time series. I just can’t read the last five pages of Schwesser. There are too many exceptions and too much funky stuff at the end. I’m a big Schwesser notes fan but I also read the first half of this lesson from the text books and found the Regression Analysis section worth reading. I think there’s more detail and testable material in the text books not found in Schwesser. Also the end of chapter questions in the text book were better, i.e. more challenging, than the questions in Schwesser. - Hope that helps.
Just wrapped up quant…thank god i am done with it…it was about as exciting and refreshing as Martha Coakley.
okiew5 Wrote: ------------------------------------------------------- > Just wrapped up quant…thank god i am done with > it…it was about as exciting and refreshing as > Martha Coakley. haha!
Quant is always my achilles heel, and this stuff is no exception. I’ve found using the schweser notes (more accessible and condensed) and doing the CFAI questions a good strategy. The CFAI questions take much more time making you do and understand calculations until blue in the face before moving on to the multiple choice
InsertNameHere, I’m with you. Undergrad and grad school, we went through bits and pieces of this, but I never had to use it. I’m almost through multiple regression and think I’m getting +/-75% of it. But from the sound of things, time series isn’t much to look forward to. I know this has been discussed, but if there’s a L2 re-taker listening, is quant the most difficult part of the exam? If not, what is? Thanks!
this exam is all about reading all the books, then doing INTENSE cramming in april and may
Quant, The most difficult?!? - Ha! Just wait until you get to Derivatives. I would say Derivatives are the most difficult, and FRA is the most boring. the problem with Quant is it is BOTH difficult AND boring! but to a much lesser extent than either derivatives or FRA.
While reading the material I keep wondering why can’t the guys I read about work on their own? Durbin gotta work with Watson. Pagan gotta work with Breusch. Man! Seriously, personally I find it difficult but not boring. But then again I like Quants in L1 too, so to each his own I guess.
Econ makes Quant look interesting.
Last time, I found that deri,fixed income and quant really difficult but it’s getting easy now. But I have changed my mindset since i took some deriv, portfolio mgtment and fixed income classes. In fact, cfa program eliminate lot of quant stuff such as wiener process, taylor series, ito lemma… Thus, we only hv to learn Gaussian distribution… you should try yo best to learn it for your future career since u r going to exploit in finance industry. Just try yo best to learn it for your future career…