Ionutzakis

There is no reason to ever open a CFAI book for level 1. I passed in December with greater than 70% in all sections except deriv, and I never took the CFAI books out of the box. The key to being successful with Schweser for level 1 is understanding that everything they bother to put in their books is important...everything. Know the sections that are only verbal (indicies, efficient markets, etc) like the back of your hand and you will be fine. Those questions count just as much as being able to compute the pv of an annuity or the price of a bond. I really can't think of more than a question or two from the Dec exam that wasn't touched on in Schweser in detail.