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Material in CFAI texts not covered in Schweser

Hi everyone,
What I noticed on level exam was that there was a lot of stuff especially in the afternoon session that simply wasn’t covered by Schweser. I’d like to start a thread here to help everyone know what material in the text isn’t covered in Schweser so that we can focus on only those areas in the text.

There was a question something like “Trader uses computer, there are different orders like 70,000 to buy or sell…..what order will be executed and what amount will be shown on computer”? I dont really remeber the correct question, but this was not covered in Scheswer.

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Managing Hedge Fund Risks (Study Session 13)
page 126 of Schweser Book 4
Schweser material only mentions the following:
Loss standard deviation
Downside deviation
Sortino ratio
However, they are covered in some detail in the CFAI text…

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When I was in level II (back in 2007), I not only studied the Schweser notes but also did the practice questions. I would slightly agree with the first post in this regard, there WERE things that were new to me on the exam day! In addition, the Qbank really put me off due to the poor quality! Wish I had alternatives!

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