SpyAli

pepp Wrote:
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> grumble: i am not unemployed.
> cfai suggest 250 hrs. that means i have to study
> approx 3 hrs everyday. That's also pushing my
> luck.
>
> I've decided to trust the books till april end,
> because I hear schweser is a sure way to fail.
> Anyways, i'd like to know what sections in CFAI
> text to skip all together, given such limited
> time?

I think the CFAI suggests 300 hours now. Obviously it's just a pie in the sky number, but having failed L2 once I think the 250-300 minimum is fairly accurate. I was only able to study ~175 hours last year and I think if I had been able to crank out another 80-100 I could have passed.

Schweser isn't a sure fire way to fail, but if you condense 3000 pages of text into 1500 you are bound to omit a few details here and there. There really isn't much you can skip unless you just go by topic weightings. You HAVE to, MUST know FSA & Equity cold. That's at least 40% of the exam guaranteed. Ethics is guaranteed to be another 10% so you're already @ 50.