How many of you actually trust the LOS? If they don’t explicitly state “be able to calculate”, does it really mean we won’t have to do any calculations? I hate having to always second guess them #@!$…
Determine can mean calculate. Others things that mean calculate: Formulate Compute Evaluate (i.e. evaluate the diffeence between the treynor and sharpe ratio for this manager
If a formula is somehow tied to the LOS in anyway, memorize it.
trust the LOS bra!
dude, i’m not your bra!
demonstrate?
It may be surprising, but I have never even looked at the LOS for any level thus far. I actually just skip over reading it. I just make sure I am able to do any of the questions I can find.
wanderingcfa Wrote: ------------------------------------------------------- > It may be surprising, but I have never even looked > at the LOS for any level thus far. I actually just > skip over reading it. > > I just make sure I am able to do any of the > questions I can find. yeah, that was me in level 2. sometimes i didn’t even know the material was labelled optional. i moved to a more LOS-focussed approach, but cash-carry has me questioning that. and i do look at almost everything. although i can think of two formulae that i just gave up on. one in particular.
I like to go through the original CFAI LOS and determine which have high and low probability of showing up. I am able to eliminate about a third that way, and then I focus only the remaining key ones. I find it more effective - maximum bang for the buck. Unfortunately CFAI has introduced a lot of tracking error around these on L3.