Well.. I don't think I'm going to use my charter if I pass effort, written, passing, comparison

Palantir

Figured I'd just stop by

I studied for about a week for the level 3 exam. I give myself about a 60% chance of passing (which btw, is nowhere NEAR my confidence level for the other 2). I slacked pretty hard on this exam and kinda wish I put in the same effort I did for the first two.

I feel I answered most of the questions fairly well, but drew TOTAL blanks on about 20% of the exam (both the written portion and item set portion). In comparison, I answered 90 - 95% of the first two exams with some degree of confidence in every answer. Flat out guessing (or BSing on the written part.. even worse since I have a chance to get no points at all) on 1/5 of the exam was not a good feeling, and is the first time since junior year of college I actually felt underprepared for an exam.

But either way, I doubt I'm going to use the charter since I lost my wall st. job a few months ago. I'm actually making more money now playing blackjack & other casino games then I would getting a job as an analyst. (Which is part of the reason I did so poorly on this exam. I spent a lot of june running models/calculations and spending time at the casino and was too burned out to study properly come the end of May). Note that counting cards is NOT a way to get rich quick lol. It involves many hours of preparation and practice, many MANY hours at the blackjack table, and a huge bankroll to make any reasonable kind of money. I've spent many long hours grinding it out at the tables to reach a comfort level where I can bet enough to make decent money.

I'll be back in mid august or so to post my results, pass or fail.



Edited 1 time(s). Last edit at Wednesday, July 7, 2010 at 09:18PM by f2d.

dyga

I told my wife yesterday that if I pass in August, that is the day I'm resigning from my job and becoming a farmer. She asked why I'd do something like that and I told her that I like to finish my finance career at the top of my game.

She laughed (her family has roughly 150 acres, which isn't a lot in farming, but could provide a small income) but didn't think I should quit.

NakedPuts00

haha, well the charter's only the start of improving your career -- a lot

infinitybenzo

f2d - hardly. working harder at your job improves your career.

justin88

^^^and my "Shift"And"space" keys are f'd Up,!!

mp3bu

I tendered my resignation today.

thommo77

CPierce Wrote:
-------------------------------------------------------
> I tendered my resignation today.


Farming then?

______________________________________________________

CFA Jay, CFA

Chuckrox

hey f2d. drop me an e-mail if you can...

harvey *DOT* chan214@gmail *DOT* com

mcmc

CFA Jay Wrote:
-------------------------------------------------------
> CPierce Wrote:
> --------------------------------------------------
> -----
> > I tendered my resignation today.
>
>
> Farming then?


Would a farm full of charterholders be mad successful, or would there be too much hedging and not enough farming going on? I can imagine the heated debates regarding the depreciation schedule for a new John Deere something.

oneboy

'yield management' will get a new meaning too.