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	<title>Comments on: Valuing the Future</title>
	<atom:link href="http://luminouslogic.com/cfa-program-valuing-the-future.htm/feed" rel="self" type="application/rss+xml" />
	<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm</link>
	<description>Stock-picking is an art.  I have sympathy for all who attempt it.</description>
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		<title>By: Lumilog</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1861</link>
		<dc:creator>Lumilog</dc:creator>
		<pubDate>Wed, 28 Jan 2009 22:39:07 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1861</guid>
		<description>Outstanding! Congrats on all your hard work!

Totally understand putting off Level 2. It would be very challenging to prepare in such a short time unless you were already a finance whiz, or basically had no other daily responsibilities.

Wishing you lots of luck continuing the path!

-lumi</description>
		<content:encoded><![CDATA[<p>Outstanding! Congrats on all your hard work!</p>
<p>Totally understand putting off Level 2. It would be very challenging to prepare in such a short time unless you were already a finance whiz, or basically had no other daily responsibilities.</p>
<p>Wishing you lots of luck continuing the path!</p>
<p>-lumi</p>
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		<title>By: pudocfa</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1860</link>
		<dc:creator>pudocfa</dc:creator>
		<pubDate>Wed, 28 Jan 2009 22:03:29 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1860</guid>
		<description>Hi Lumilog, glad to report that I passed Level 1 in December.  I am going to take a break for couple of months till I can register for Level 2 in 2010. 
   I did not use any study guides and am not planning to start for level 2 either.  I enjoyed reading the curriculum material and that is the fun part. I did take the sample and mock exams offered by CFA and that was very useful.  I got over 70 on all the topics and that was a surprise to me. 

    After reading through your blog on Level 2, I am very excited to continue my CFA journey.</description>
		<content:encoded><![CDATA[<p>Hi Lumilog, glad to report that I passed Level 1 in December.  I am going to take a break for couple of months till I can register for Level 2 in 2010.<br />
   I did not use any study guides and am not planning to start for level 2 either.  I enjoyed reading the curriculum material and that is the fun part. I did take the sample and mock exams offered by CFA and that was very useful.  I got over 70 on all the topics and that was a surprise to me. </p>
<p>    After reading through your blog on Level 2, I am very excited to continue my CFA journey.</p>
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		<title>By: yellowman</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1858</link>
		<dc:creator>yellowman</dc:creator>
		<pubDate>Tue, 27 Jan 2009 03:43:18 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1858</guid>
		<description>Kind of glad to hear that the questions in the back of the chapters are trickier than the ones found on the actual exam.  I am hoping for 6-8 weeks of review the materials.  At this moment I kind of feel I&#039;ve forgotten all the material I read only 3 or so weeks ago.</description>
		<content:encoded><![CDATA[<p>Kind of glad to hear that the questions in the back of the chapters are trickier than the ones found on the actual exam.  I am hoping for 6-8 weeks of review the materials.  At this moment I kind of feel I&#8217;ve forgotten all the material I read only 3 or so weeks ago.</p>
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		<title>By: Craig</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1854</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Mon, 26 Jan 2009 12:59:53 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1854</guid>
		<description>Wonderful! Thanks very much.</description>
		<content:encoded><![CDATA[<p>Wonderful! Thanks very much.</p>
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		<title>By: Lumilog</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1853</link>
		<dc:creator>Lumilog</dc:creator>
		<pubDate>Mon, 26 Jan 2009 12:55:09 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1853</guid>
		<description>hi craig,

i like to use morningstar.com when i&#039;m looking for more information.  for example, enter a stock and then look at the menu on the lefthand side.  click on &quot;valuation ratios&quot; or &quot;key ratios&quot;.  note that the opinion part of their site is pay-only, but everything else is free.
&lt;a href=&quot;http://quicktake.morningstar.com/StockNet/Valuation10.aspx?Country=USA&amp;Symbol=TSCO&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;click for an example&lt;/a&gt;

also moneycentral.msn.com has a lot of free information too, just a little complicated to navigate until you get used to it.
&lt;a href=&quot;http://moneycentral.msn.com/investor/invsub/results/compare.asp?Page=TenYearSummary&amp;Symbol=MSFT&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;click for an example&lt;/a&gt;</description>
		<content:encoded><![CDATA[<p>hi craig,</p>
<p>i like to use morningstar.com when i&#8217;m looking for more information.  for example, enter a stock and then look at the menu on the lefthand side.  click on &#8220;valuation ratios&#8221; or &#8220;key ratios&#8221;.  note that the opinion part of their site is pay-only, but everything else is free.<br />
<a href="http://quicktake.morningstar.com/StockNet/Valuation10.aspx?Country=USA&#038;Symbol=TSCO" target="_blank" rel="nofollow">click for an example</a></p>
<p>also moneycentral.msn.com has a lot of free information too, just a little complicated to navigate until you get used to it.<br />
<a href="http://moneycentral.msn.com/investor/invsub/results/compare.asp?Page=TenYearSummary&#038;Symbol=MSFT" target="_blank" rel="nofollow">click for an example</a></p>
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		<title>By: Craig</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1852</link>
		<dc:creator>Craig</dc:creator>
		<pubDate>Mon, 26 Jan 2009 11:43:20 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1852</guid>
		<description>Hi. Hope the study is going well.

Are you aware of any sites that provide in depth data for companies? e.g. Price to book etc.  I&#039;ve got P/E from yahoo, but would like a little more info to narrow down my choices.

Cheers

Craig</description>
		<content:encoded><![CDATA[<p>Hi. Hope the study is going well.</p>
<p>Are you aware of any sites that provide in depth data for companies? e.g. Price to book etc.  I&#8217;ve got P/E from yahoo, but would like a little more info to narrow down my choices.</p>
<p>Cheers</p>
<p>Craig</p>
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		<title>By: Lumilog</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1851</link>
		<dc:creator>Lumilog</dc:creator>
		<pubDate>Sun, 25 Jan 2009 14:16:14 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1851</guid>
		<description>hi yellowman,

for what it&#039;s worth i found the exam questions to be more straightforward than the problem sets, which could sometimes be a little tricky.

i had 40 days for review between finishing my first pass through all the material (first pass meaning reading each chapter and working each problem &lt;u&gt;once&lt;/u&gt;).  i had hoped to work all problem sets a 2nd time for review but only made it about halfway through the 78 or so chapters.

Book 5 is coming along a bit slowly - fixed income isn&#039;t my favorite topic, but i hope to be done and write a blog on it soon!  

thanks for writing and good luck!</description>
		<content:encoded><![CDATA[<p>hi yellowman,</p>
<p>for what it&#8217;s worth i found the exam questions to be more straightforward than the problem sets, which could sometimes be a little tricky.</p>
<p>i had 40 days for review between finishing my first pass through all the material (first pass meaning reading each chapter and working each problem <u>once</u>).  i had hoped to work all problem sets a 2nd time for review but only made it about halfway through the 78 or so chapters.</p>
<p>Book 5 is coming along a bit slowly &#8211; fixed income isn&#8217;t my favorite topic, but i hope to be done and write a blog on it soon!  </p>
<p>thanks for writing and good luck!</p>
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		<title>By: yellowman</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1849</link>
		<dc:creator>yellowman</dc:creator>
		<pubDate>Sat, 24 Jan 2009 01:21:03 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1849</guid>
		<description>I am experiencing this as well.

I find a lot of the questions at the back to be fairly simple and straight forward, more definition like than applying a concept.  I feel pretty stupid when I answer a question and end up with the wrong answer because of careless reading on my part.  Every time I do it I just hope it doesn&#039;t happen on the actual exam.

How many weeks did you have left to review after completing the readings for exam 1?

How is book 5 coming along?  I still can&#039;t believe you are on book 5 already.  At this pace you should have at least 2-3 months to review.</description>
		<content:encoded><![CDATA[<p>I am experiencing this as well.</p>
<p>I find a lot of the questions at the back to be fairly simple and straight forward, more definition like than applying a concept.  I feel pretty stupid when I answer a question and end up with the wrong answer because of careless reading on my part.  Every time I do it I just hope it doesn&#8217;t happen on the actual exam.</p>
<p>How many weeks did you have left to review after completing the readings for exam 1?</p>
<p>How is book 5 coming along?  I still can&#8217;t believe you are on book 5 already.  At this pace you should have at least 2-3 months to review.</p>
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		<title>By: Lumilog</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1848</link>
		<dc:creator>Lumilog</dc:creator>
		<pubDate>Fri, 23 Jan 2009 12:10:28 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1848</guid>
		<description>it varied a bit.  on average i would say that i usually felt comfortable with most questions and usually would think that i&#039;d scored &gt;95% but would often score closer to 80%, often by making careless mistakes.

there were some days / sections (economics, financial statements) where i had trouble answering every single question at the end.  this was usually due to having read a chapter i had no interest in and/or having read it when very tired.  

for the most part, my focus was on keeping moving with the assumption that even if i did score poorly on the practice questions, i&#039;d get to review the section again later.

and i must say that repetition is the key b/c i thought many questions to be easy right after having read the chapter, but hard when I came back to re-work them months later and had forgotten key parts of the material.</description>
		<content:encoded><![CDATA[<p>it varied a bit.  on average i would say that i usually felt comfortable with most questions and usually would think that i&#8217;d scored >95% but would often score closer to 80%, often by making careless mistakes.</p>
<p>there were some days / sections (economics, financial statements) where i had trouble answering every single question at the end.  this was usually due to having read a chapter i had no interest in and/or having read it when very tired.  </p>
<p>for the most part, my focus was on keeping moving with the assumption that even if i did score poorly on the practice questions, i&#8217;d get to review the section again later.</p>
<p>and i must say that repetition is the key b/c i thought many questions to be easy right after having read the chapter, but hard when I came back to re-work them months later and had forgotten key parts of the material.</p>
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		<title>By: yellowman</title>
		<link>http://luminouslogic.com/cfa-program-valuing-the-future.htm/comment-page-1#comment-1847</link>
		<dc:creator>yellowman</dc:creator>
		<pubDate>Fri, 23 Jan 2009 01:09:10 +0000</pubDate>
		<guid isPermaLink="false">http://luminouslogic.com/?p=1009#comment-1847</guid>
		<description>I was browsing through your blog again in search of an answer for the following questions but I couldn&#039;t find it.

When you went through the material the first time what were your scores on the questions at the end of the chapter?  Example low, average, high.  Did you feel comfortable with your level of knowledge after completing the reading and the respective questions?</description>
		<content:encoded><![CDATA[<p>I was browsing through your blog again in search of an answer for the following questions but I couldn&#8217;t find it.</p>
<p>When you went through the material the first time what were your scores on the questions at the end of the chapter?  Example low, average, high.  Did you feel comfortable with your level of knowledge after completing the reading and the respective questions?</p>
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