Congrats to 40%, 40% and 50% of Respective CFA Level Takers

by Johnny Debacle

You did not fail, and get to subject yourself to even more hell starting in April. You are closer to the shiny merit badge of financial glory, the CFA designation.

To those of you who did fail, the world needs stock brokers too.

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  1. jake
    August 16th, 2007 | 7:55 pm

    darkness warshed over the dude

  2. wcw
    August 17th, 2007 | 12:16 am


    Which is to say, I passed in three straight, and more importantly — by cramming progressively less, I got closer to the magic 70% each year running. By CFA III, I think I started in April and probably just eked out a low 70s score.

    Testing, let it be said, ever and always measures test-taking skill. Which my family simply has. That doesn’t make us smart.

  3. Admore
    August 17th, 2007 | 10:35 am

    Is CFA III still a “breathe on a mirror” test or have they made it harder now since there are so many more candidates?

  4. Charlie McD
    August 17th, 2007 | 1:47 pm

    #2 is a modest man, and one who understands that testing merely measures one’s ability to learn things, know things, and to be correct when asked about them.

    You know what any employer is who cares about things like that? Stoopid.

  5. August 17th, 2007 | 2:11 pm

    50% of people who had previously taken and passed level I and level II, failed level III. My guess is that is not a “breathe on a mirror” test.

  6. Smoke and Mirrors
    August 17th, 2007 | 2:36 pm

    All three levels were an exercise in self torture. I may have felt smart immediately after each test, but five years on i am back to being as dumb as a pile of bricks.

    Smoke and Mirrors, CFA

  7. Ignatius
    August 18th, 2007 | 12:03 pm


    “Well, amazing dongs and good stamina do run in my family, but that doesn’t make me a great lover.”

  8. po' boy
    August 18th, 2007 | 12:17 pm

    I certainly hope it’s on his father’s side.

  9. still smokin´ somethin
    August 19th, 2007 | 5:48 am

    Smoke and Mirrors, CFA: It´s not how you feel five years on, it´s about (as with most things in life such as the credit rating attached to most CDO´s) how others perceive you.

    Feeling that the massed hoardes of newly christened charterholders was taking the shine off my nine year old designation, I recently added four more extremely impressive letters to the b-card.

    Everyone else is far more impressed that reality should dictate, but that is the reality of the alternative universe. Find yourself there at