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The best part of level 3 is behavioral finance. Who agrees?

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Level 1, lets learn what an account receivable is
Level 2, hey ya'll lets learn some 10,000 archaic formulas that we will never use again
Level 3, lets apply Ceteris Peribus and ebullience to beat our benchmark.

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ive finished my first pass through the material - i can tell you it never gets better - outside of a few small parts in fixed income, and the risk management stuff, its all absolutely, mind-numbingly boring. At least in L1 and L2 i felt like i was learning stuff. Not here.

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Level 3 teaches you how to match the return of the market, end of story!

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bannisja Wrote:
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> I'm with cityboy. I think this stuff is
> infinitely more interesting than L1 or 2.


You are kidding me! I am sweating real hard just reading between the lines.

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I'm with cityboy. I think this stuff is infinitely more interesting than L1 or 2.

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Yeah, a lot of Level 3 is pulled out of someone's @ss. Hopefully, you will only have to learn this once.

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