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Showing posts from 2008

CFA preparation guidelines for level 1

Hi friends, I had taken my CFA level 1 exam on June 08 and thought that my insight and perceptions on level 1 could help you all prepare better for the exam. * CFA material is pretty voluminous that’s probably because it’s designed to be a 6 month course. * Schwezer material is much more precise and more than enough for level 1 * CFA material or Schwezer material alone is not enough, you will need the full length question papers and question bank. * If you are able to solve about 2000 questions, then you should feel confident on giving the exam * The examination focuses on application of the concepts. * The problems are pretty simple if u know how to solve them, there would be no lengthy or complex calculations. * There are totally 10 sections and its better if you show competence in all the sections. (i.e) score at least 50% of marks in each section. Else you may have to cover if it up in other sections. * The total time given for examination is 6 hours which is split...

Bateson's Belfry

In about the mid nineteenth century, in an era of quacks and inept American and European doctors, arose a problem of identifying the dead from the alive because pple where not skillful or knowledgeable enough to confirm for sure whether a person was dead or was just unconscious and they didn’t even know that cardiac arrest could be reversed. As a result, there were a lot incidents, wherein a person was buried alive not knowing that he was just unconscious and to compound the problem further, there were a few occasions when a person who was considered dead, got up and started to move just when the person was about to be buried. In one such incident, a little boy of about 10 years of age, got sick and fell unconscious, the boy didn’t get up or move even after several attempts by those quacks and inept doctors. Hence he was considered dead and all arrangements had been made by their parents to bury him the next day. The next day, with a heavy heart, the parents took their son’s body to b...