Dear Level three candidates/Mr. S2000 Magician,
I have been an active reader of this valuable site for a substantial time and never wrote or commented. My account is just new.
I passed CFA levels 1 and 2 in June 2015 and June 2016, respectively.
My strategy was to do TWO intense readings from Schweser notes (along the exercises–also twice) and do on average 4 mocks from Schweser along the CFA mock exam. Surely, I took notes enough during these levels. For level 1, I started in late January while for level 2 I started in October 01.
I had some advises from few friends to study the material of level three from the CFA books, and I executed this strategy since November 1, 2016. My feedback is that although the material in the CFA books is quite long, it is worthwhile and they really give you the theme of each reading from A to Z.
As of the time of this writing, I managed to finish Behavioral Finance, Individual and Institutional wealth management, Economics, Asset Allocation, Fixed income and Equity, and Alternative investments. Therefore, I am left with Risk Management, Derivatives (the bulk of book 5) and the last book ie no 6 (performance evaluation and GIPS). I am reading three to four pages daily of the ethics books in parallel so hope by end of February I will be done with it.
If it will take me another one month or a month and a half to finish the remaining topics from CFA books (which is extremely nicely written), how would I manage to make a second reading? Do you recommend the second reading from a totally different source that is more digest yet beneficial–surely will do EOC of CFA again along with topic tests and mocks (last month).
But for now, what do you think? Shall I proceed with CFA books or I am squeezed in time and should shift to another third party provider? Or, the second reading shall be from another digested source?
I manage to study almost two hours daily in week days, and in weekends, around 10-12 hours (5-6 per day)–Almost no exceptions.
Thank you for your feedbacks.