What topics are you skipping?

CFA Level II
#21

I need to cover M&A topic from equities.

#22

That’s in corporate finance you’ll never find it in equities

#23

haha yes… maybe that’s why I haven’t done it yer

#24

Punt at your own risk

#25

This is my second attempt.

I left it till last minute last time, but passed well in FRA and Equity, got over 70% in Fixed Income without knowing a thing - all luck.

Punting kills your confidence - can only work if you know all the other stuff.

Now am a bit more prepared - done most of practice questions and doing mock this weekend - then revision till exam.

#26

Ahah if I see quant showing up twice it’s not meant to be then. I haven’t seen quant twice on any mocks I have done so far (5).

#27

Getting a gut feeling about 3 Fixed Income sets in the exam.

#28

I hope!

#29

I’m skipping the cost approach. That crap never makes ANY sense.

some days you’re adding the incurable cost, some day your subtracting the curable cost…

Guess B and move on. If I get it right, then all those who calculate it out are still no smarter than I.

#30

.

#31

I dont see why not? … its mostly published information and it changes year after year.

My guess is, there will be 2 ethics, 1 PM, 2 Alt, 4 FRA, 2 Corp, 2 FI, 2 Derv, 2 Quant, 3 Equities…

But what was it last year, and the year before that? tell us ceo10k?

#32

I’ll say this…there was A LOT of derivatives tested last year. You can deduce from there :wink:

#33

I don’t think I’ll be that lucky to max out derviatives. If they did it last year, probably this year FI will max out and they will minimize derivatives lol.

#34

Has any one thought of a strategy if ethics showed up juicy and mostly in the grey area ?, well i am well prepared and i am scoring good on Ethics in Mocks, TTs , but this specific topic i am sure will not be an easy deal in the exam

#35

Ethics is a hit or miss for me… The Live mock I did on Saturday, I scored 2/6 on the AM session and 6/6 on the PM session lol… The average was 44% on the AM ethics and 54% on the PM ethics session… go figure!

#36

I think that’s too exam specfic… besides, it’s my advantage to have. It cost me an extra thousand bucks and 12 months. :slight_smile:

#37

I can live with that. Haha let’s make it an options strategy vignette while we are at it…maybe equity swap or bond futures. Just no BSM…That is one I skipped the quantitative aspect on : (

I know underlying assumptions, how many calls to hedge portfolio of stock, calculate the hedge ratio but that’s about it : X

Scored >70 in those 3 Dervs vignettes last year also. Have no idea how. I did try extremely hard on them though

#38

Alts and PM are pretty easy points at L2

#39

Would love to see 4 equity and 3 CF

#40

I would love to see 120 questions related to swaps

:stuck_out_tongue: