@pauladaptprep
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Up5
Be sure not to get over caffeinated! Just look at how spiders react to caffeine…
Note the high dose caffeine is one of the worst webs, they just bounce around without order or planning – kind of like I feel if I’ve had too much coffee.
http://scienceblogs.com/startswithabang/2013/07/06/weekend-diversion-spider-webs-on-drugs/
Up5Passed Tense includes access to 2,600 questions, in addition to a full printable mock exam (240 questions). Adapt is also the only adaptive learning question bank for the CFA.
Up5I’m confused. What exactly was the point then? Seems like quite a lot of effort for Ted to not actually “scam” anything from anyone except their time.
Up5@aspyrides
Thank you for the feedback! It’s going to be getting a substantial upgrade after this exam sitting to look like our Level II alpha product, so if you know anyone who will be taking Level I in December or next year, let them know it’ll even be better for them.Our recommendation is to keep taking Adapt exams until you get to an Earned Level 7. Then take the two printable mock exams to recreate the exam experience. If you are over 70% on both of those, you should be able to go into the exam with confidence!
We are in process of writing more questions. If you think any sections are not a strong as you’d expect, let us know and we’ll bulk up those sections with new/more questions.
Up5The value is determined by the underlying (or derived) asset or security.
Up5@CFAI_wont_stop_me
Quants is tough, either you love it or you don’t.We have entire video lectures for quantitative methods on Youtube for free. If you need additional help you can check them out:
https://www.youtube.com/user/passedtensecfa/playlistsOur 3 day subscription of Adapt is only $41. If you have a couple days off of work, you could do 4-5 exams easily in 3 days. If that’s too much, you can ask for an international discount from support@passedtense.com.
https://www.passedtense.com/CFA-Adapt-ExamsUp5@aalhelou
It is risky to not use the CFAI material. It is the source material and it is the most up to date – third party material can potentially miss the subtlety of changes that the CFAI puts in the curriculum. We recommend at very least reading the summaries and doing End of Chapter questions.That is one reason we do not have a separate 5 books of material you should read. We recommend integrating our material with studying the CFAI material. For example, Ben our resident exam passing expert wrote up a blog on it:
http://blog.passedtense.com/save-days-of-cfa-studying-with-this-one-weird-trick/We have two full topics of videos available free on youtube if you want to check them out:
https://www.youtube.com/user/passedtensecfa/videosUp5@googs1484
Thank you for the great feedback. You can sign up for a free trial of Level 2 to get some quantitative methods item sets and access to our quant videos.
https://www.adaptprep.com/CFA/Level-2/TrialUp4It is possible to pass with just the eBook, if you have a good device to read it and are a fast reader. Many people only use the CFA materials to study, especially for Level 1.
What you probably will lack from the eBook alone is enough practice. There’s a significant gap between knowledge and application. You have to ensure you can regurgitate all that you’ve read. There also is a big difference between doing end of chapter questions (right after you’ve read it) and sitting down and answering questions from a variety of topics in a 3 hour period. So the best reinforcement is practicing doing actual exams.
Mock exams are great. At Passed Tense we just released a 30-day package of our Adapt exam engine that would be perfect for that extra push of practice: https://www.passedtense.com/Adapt-Exams. Last sitting we had a number of people take 8+ full exams in Adapt – that’s some good practice!
Up4I think some of this is because most of us are “trained” by the school system to start things in last August/early September and in January, since that’s when school usually starts and we get past the summer or winter break periods.
Up4I can’t answer since less than 20 is not an option 😉
Up4Practice passing instead of practicing answering questions. That’s the way I usually think of it. I’m more of a big vision type person so it works for me.
When you think of your time as sitting down to practice passing (going through the actual motions/behaviors you need to succeed), it really changes your mindset. It also helps you focus on tactics like strategically skipping time-intensive questions, pacing yourself without being too time-focused, keeping focused despite noise around you (that guy hacking behind you), etc.
Up4Derivatives is only 5% and Alternative Investments is only 3% of the exam weight – meaning that’s about how many questions you should get from each section since each question is “worth” the same. That’s only 8%, so you still have 92% of the exam covered by everything else.
Up4@WesMantooth‌
Ouch, sorry to hear that! But did your brain seem to move faster while curled up in a ball 😉I would bet its the “Brain Juice” coconut oil. I can’t eat coconut oil straight without stomach pains. We cook with it a lot, but whenever I’ve eaten a spoonful of it it’ll hit me like a rock. That said, my wife makes some dynamite fudge (melted but not baked) from coconut oil, cacao, and honey which I greatly enjoy without stomach pain.
Up4These are great tips.
My very first job, I did not negotiate really at all. When I later realized my value and what others are paid, I saw my mistake in not negotiating. This left me feeling fairly negative about my job.
Something to keep in mind is to assess your own motivations/emotions about the issue, as that can hamper the process. It seems people are either greedy or fearful going into this kind of process.
If you’re being greedy it’ll come through and the person you’re talking to may be resisting that feeling they get from. You can negotiate a big salary without greed or a feeling of entitlement being the motivation.
Being fearful can come from a lot of directions, but one key thing to combat that is to realize that your salary is a mutually beneficial agreement. Your salary should adequately compensate and motivate you to perform and in return your employer receives the benefits of your efforts. I like what Sophie said, its a partnership.
Up4MARKK2556 said:paulpassedtense said:@MARKK2556
Memorizing the formulas is very very helpful and will prove worthwhile through all three levels. Of course, being fast on the calculator is also very helpful.We just developed a 9 page formula sheet for Level I. Let me know if you’d like to be a free beta tester of a PDF version of it. So far our feedback is that its the best one available, being the most comprehensive and yet not overwhelmingly long.
We have a free 15 minute calculator guide as well: https://www.youtube.com/watch?v=Ehchb6Zvag0
Hope that helps!
Can i become a Beta tester please
Contact kelly@passedtense.com. She can send it to you. Reference this forum thread. Thanks!
Up4@Zee After thinking about this some more, I am fairly sure this was a set up for a ponzi scheme. Having the legitimate looking PE opens the door to start fake businesses and draw in big investment. That could net him millions (even hundreds of millions). This is similar to what Tom Petters did Minnesota. I used to live in Minnesota and I know several guys who lost large sums because they invested in Petter’s fake businesses.
So it looks like he was setting up an elaborate house of cards but it fell apart before he could get the Ponzi machine going. I’m betting had he started getting cash flow going, a lot of those bankers he higher would have stayed on and it could have gotten going. Its hard for people to turn down the big salary even once they figure out its not legal (reminds me of Boiler Room).
