Wednesday 18 August 2010

Failed the exam

Really upset when I came to know that I failed the exam with a band 7.
I am still undecided if I should give it in 2011, part of my makes me think that I should give it in 2011 since the sylabus hasnt changed much from 2010 to 2011

Saturday 13 March 2010

Fixed Income portfolio management

I started on part 1 the other day, I really had to refer Frank Fabozzi's book for calculation of total return and also for calculatons in contingent immunization. I feel that the original book should have provided more information.

Currently working on 'Relative Value Methodologies for Global Credit Bond Portfolio' seems like an easy chapter, that being said I am on getting at it, and wasting my time blogging here.

Friday 26 February 2010

Saturday 16 January 2010

Making a sacrifice

I have to make a sacrifice in order to achieve my CFA L3. Today I was supposed to do some reading but I had plans to meet with Ashish and I decided to meet with Ashish.
I am supposed to spend the entire of tomorrow studying, I really hope that I can do that tomorrow.

Currently I am reading about Managing Institutional Investor Portfolios, It does seem to have a pattern but I still have to read through the entire lot. I feel that I should read all the original curriculum, but then I feel that is a lot to read and I should just read the schweser note.

Saturday 9 January 2010

Schweser books

Got the schweser books, also got the video CDs, I am currently waiting on the practice exam CD. I was initially looking into extracting only the video from the Video CDs and uploading them to the phone but then I realized that it is much better to install the software and use the Videos along with the slides to learn a faster.
As I am typing this I am thinking if there is a way to convert the Video CDs into a web application so that I can see the slides/video over the net - hosted from my home PC?.

I could also possibly look into extracting only the audio from video and converting it onto mp3 so that I can listen  to it on the way to work or in the gym, or I can purchase the audio mp3 cd.

Wednesday 16 December 2009

Reading 12: Global Equity Strategy: The folly of forecasting: Ignore all economist...

The reading is quite revealing about the quality of analyst forecasts. I enjoyed reading this.
Though the main question is - if we are not supposed to use analyst forecasting then what are we supposed to use? - I don’t quite buy the authors arguments that analyst should analyze the present and 'understand what that means for the future' <-- isn't this similar to forecasting? May be there is a slight difference, I will have to research in this a bit more.

Tuesday 15 December 2009

L3 Curriculum with references to the original book

The CFA Curriculum contains extracts from various books. This page lists each reading the the corresponding book/chapter of the original source.
I use if I require a deeper understanding of a particular topic.
http://spreadsheets.google.com/pub?key=tSc4sAmR6D5jVbPIaiBP8wQ&single=true&gid=0&output=html