Half of you will fail Level 3. So enjoy your momentary bliss

Bro you need to spend more time with your family and friends (if you have one) cause you need some love. Talk to them about your insecurities. Good thing you have the charter to compensate what is lacking in your life. So what if we fail? There’s always next year. The CFA charter is not the be all and end all of life. There are a lot of haters here because you’re post is hateable. Just stfu if you don’t have any meaningful words to say.
 
andytrader wrote:Not to rain on your parade but this is truth.
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No, it isn’t.
Truth is that (about) 50% of the people who take the Level III exam fail, including those who do not show up, and those who are ill-prepared. Only if the people who post here are a representative sample from that population (and I strongly doubt that they are) can you conclude that the population statistic applies to the sample.
 
Once people told me that CFAL1 was a joke..now they are telling CFAL2 is a joke……in 2015 they will say CFA was a joke..
 
S2000magician wrote:
andytrader wrote:Not to rain on your parade but this is truth.
Click to expand...
No, it isn’t.
Truth is that (about) 50% of the people who take the Level III exam fail, including those who do not show up, and those who are ill-prepared. Only if the people who post here are a representative sample from that population (and I strongly doubt that they are) can you conclude that the population statistic applies to the sample.
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Really?? I though that non showers were excluded from the passing rate….
 
That’s so negative. Why wouldn’t you say half of us will pass L3 next year? I see cup half full…
 
I think it is cruel to post something like this. Yes, we enjoy our pass, we worked very hard for it and we deserved it. I do not think that any candidate who has come that far thinks that any level is a joke.
Maybe the author of the thread could clarify what exactly is so terrible about level 3?
and really help?
Instead of insulting?
To myself, level 3 material is a new planet. Yet, I do not think it is necessarily a bad thing: back in my Masters, people who outperformed were those coming from non-finance related disciplines, so fresh look is better sometimes.
I am honestly trying to understand what makes level 3 so complicated and would be grateful for constructive advice.
 
rahul roy wrote:
Once people told me that CFAL1 was a joke..now they are telling CFAL2 is a joke……in 2015 they will say CFA was a joke..
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The only person who told me that CFA was a joke was the the one who passed CAIA and claimed it being superior to CFA.
 
MarginCall wrote:
rahul roy wrote:
Once people told me that CFAL1 was a joke..now they are telling CFAL2 is a joke……in 2015 they will say CFA was a joke..
Click to expand...
The only person who told me that CFA was a joke was the the one who passed CAIA and claimed it being superior to CFA.
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Weren’t you the guy who claimed that CFA charterholders are really just “glorified accountants”?
 
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