Schweser & SWAPS recommend, examples, totally, normal, pretty

smuggycfa

I’ve been pretty happy with schweser this year so far… but schweser totally missed it on SWAPS. Terrible explanations and examples IMO.
I recommend using the CFAI texts for this chapter. Its a quick easy read compared to the normal mind numbingly boring chapters from the CFAI.

Daniel1985

Hey Guys, any other Readings within Schweser Notes where you think their explanation is not cutting it?

Andreas42

I think I’d agree with this.
In my line of work I deal with swaps every day and have a good understanding of them. I understand the schweser notes fine, but when I read them I couldn’t help thinking to myself that “jeez, schweser really are glossing over some points here, and assuming a lot of prior knowledge of the candidate.”
My advice if you’re new to swaps is to use the CFA text. Fabozzi has written nearly the entire fixed income section…..that’s a lot more than I can say for the schweser text.