Written by CFA charterholders. Sub-topic analysis, exam strategy, and everything in between.
18 articles on CFA Level 1 · Page 1 of 2
Candidates ask what mock score guarantees a pass. The honest answer is that no score guarantees anything — but the trend, the conditions an…
Three duration measures, three different jobs. Candidates lose Fixed Income marks not by miscalculating duration but by calculating the wro…
WACC is short, appears constantly, and is one of the most reliably mis-answered calculations on CFA Level 1. Almost all of the errors are i…
Most Level 1 Derivatives questions that look like valuation problems are rearrangement problems. Put-call parity is the rearrangement.
Around 100,000 candidates sit CFA Level 1 each year. The most useful figure CFA Institute publishes is not the headline pass rate — it is t…
Most CFA formula sheets list everything and prioritise nothing. This one sorts every formula into three tiers by how often it is tested and…
CAPM appears in some form on virtually every CFA Level 1 exam. The formula has three inputs; the ways to get it wrong number rather more th…
Four risk-adjusted performance measures, four different denominators. Computing the right ratio for the wrong question is the most common w…
NAVPS looks like the easiest formula in Alternative Investments until a question asks you to accrue fees first, apply a high-water mark, or…
Portfolio Management carries 12% of CFA Level 1 — the second highest topic weight — and it connects everything. This is the structured guid…
Not all CFA topics are created equal. Here is a breakdown of the 2025 Level 1 topic weights and how to allocate your study time for maximum…
Quant is 8% of CFA Level 1. Here is a focused breakdown of the formulas and concepts that actually appear on the exam — and what you can sa…
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