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- 2011-7-11
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5#
发表于 2011-7-13 13:22
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jcaseyjones Wrote:
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> A suggestion for quant -- use test prep material
> if you can. The CFAI texts are nearly impossible
> to get through and they're incredibly boring. I
> was in the same situation as you -- breezed
> through ethics and econ when studying initially,
> then hit a wall on quant. I foolishly spent 2
> months on quant before I decided to pay up for
> test prep material. Then I breezed through quant
> in 1 week with the software and a much more
> condensed set of reading material. In the end it
> ended up being my strongest subject by far.
>
>
> Other pieces of advice:
>
> Read the stuff once, then just focus on doing
> questions. Only then will you actually be able to
> make sense of the formulas, and once you've done a
> ton of questions, the formulas that count and that
> end up on the exam end up coming naturally to you
> (some that come to mind include sharpe, safety
> first, covariance, standard deviation, mean,
> absolute mean deviation, R2).
>
> For the really deep formulas like kurtosis and
> skewness, understand what they mean and understand
> how to evaluate on a chart, but don't worry really
> about memorizing. You will more than likely get a
> question or two on these topics but they probably
> won't ask you to calculate, just interpret (i.e.
> is this chart positively or negatively skewed, if
> you have an excess kurtosis of 1 what does that
> mean, etc.).
>
> For the probability section, draw tree diagrams
> and you won't need to remember any formulas. I can
> never solve a Bayes theorem question using the
> formula, but I can solve them all day using tree
> diagrams.
>
> So final advice - read through the material but
> don't overkill it, be mindful of how much time
> you're spending on the quant section (this is
> small relative to some big ones like ethics and
> FRA), do a lot of questions, and keep quizzing
> yourself as you go through your studies. In the
> end, I think you'll find that you won't have any
> problems with quant.
Good advice, Thanks. |
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