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标题: Anyone else thought that Secret Sauce was a waste of time [打印本页]

作者: mdfb79    时间: 2011-7-13 16:56     标题: Anyone else thought that Secret Sauce was a waste of time

For level 1 it was okay. But in level 2 i felt that secret sauce doesnt cover much. The level 2 syllabus has a lot of stuff. Everytime I read the chapters I seem to notice new things which I missed before.
作者: yalo    时间: 2011-7-13 16:56

May be useful for important conceptual stuff, help you to answer the "is this statement correct?" question.
作者: bdavi77962    时间: 2011-7-13 16:56

I find it useful. It's obviously not going to teach what you need to know but if you put in the time before hand its does a good enough job reminding you of key points. Theres no way to compare 2k pages to 150 pages in notes. You have to take it for what it is.
作者: hassan    时间: 2011-7-13 16:56

It's good to gloss over. I've noticed several inconsistencies with it compared to the CFAI texts.
作者: zephyranalyst    时间: 2011-7-13 16:56

Care to point some of those out? Didn't really notice anything
作者: tianxin    时间: 2011-7-13 16:56

The SS mentioned that, for dividends, an investor need to own the shares by the holder of record date in order to receive the divi. There's a thread a little ways down where we discussed that.

The SS said that under the all-current method, translation, that the Current Ratio would change based upon currency app/dep.
作者: sameeragarwal    时间: 2011-7-13 16:56

Thanks, i never remember any of the ratio movements, so much easier just to actually translate the ratios.
作者: mengxu    时间: 2011-7-13 16:56

That's what I do. Too much to memorize.
作者: llxx    时间: 2011-7-13 16:56

Well i learned for any of the ratios its best to actually calculate them and never assume anything is the same from the notes. They're to easy to mix up if your rushing.
作者: bolligerallstar    时间: 2011-7-13 16:56

not nearly as useful as Level I SS IMO. Good thing I only paid $5 for mine...



Edited 1 time(s). Last edit at Wednesday, June 2, 2010 at 07:40AM by CPAbeatsCFA.
作者: wizofoz    时间: 2011-7-13 16:56

Better to pound more EOCs than SS...
作者: SFoyil    时间: 2011-7-13 16:56

banging out EOCs and Stalla Mock Qs...thats been my MO all week.

I'm working the 2010 mock tomorrow front to back and will just pray all day friday
作者: flyinggirl    时间: 2011-7-13 16:56

I think the Secret Sauce is a great resource, but it isn't the be all and end all.

NO EXCUSES




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