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...
In an era where being in nuclear family is the in-thing, have u ever wondered what life would be like to live in a joint family. Just imagine a household, with members of 3 different generations sharing space, what would erupt is not just the difference in the value system but the difference in the way of life itself. While a letter from a female colleague stating 'with love' prefix before her name maybe just a caring remark for the current generation Software Professional Sridhar, it happens to be an incorrigible stain on the family for his pious Grandfather Sunderesan. While a causal bend to touch the feet is enough for Sridhar to show his respect, a complete 'horizontal-lying-on-the-floor' type traditional obeisance is the minimum requirement to receive the respect for his tradition driven Grandfather Sunderesan. If Sridhar is quick to retort, his Grandfather is quicker in garnering enough support through his intense emotions. In this kind of a scenario, t...
Countless number of times I ve wondered how a quack religious saints puts an act publicly and still ppl believe him to be the incarnation of God himself, how a politician wears a mask so very openly and still ppl believe him as a true leader towards their destiny and how even after scores and scores of ignominious scandals being exposed about their own leader, do these subordinate and subservient partisans still render their relentless support to him. Little do we know that it’s the Maculinea spirit on act, the force against truth and the most unfathomable segment in the design of nature. A butterfly of European aborigine christened as Maculinea Rebeli, in its initial phase of life called the pupa stage, which is an inactive stage of development, intermediate between larva and adulthood, produces the exact scent and mimics a similar sound that is produced by a Queen Ant to cheat an entry into the ant’s nest and the ants society at large. The worker ants treat this pupa stage caterpil...
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