Congratulations to the 39% Who Successfully Did Not Fail the Level I CFA Exam

by Johnny Debacle

Results are available now for all December 2006 Level I takers. I did not not pass. If you passed, congratulations, we are now 1/3rd of the way towards being able to guarantee investment results to clients based on being a C.F.A..

Related Reseach:

Ad Sense Ad Sense


  1. CFA LEvel 1
    January 17th, 2007 | 4:06 pm

    “…able to guarantee investment results.. based on being a C.F.A”.
    Wow, two wrong answers in one sentence. No wonder you failed.

  2. Law talking guy
    January 17th, 2007 | 4:22 pm

    Not only have I never used the CFA mark incorrectly, I’ve also never shorted the sh1t out of a stock because a buddy told me half the revenue was walking out the door. Sucker.

  3. HarlemHaberdasher
    January 17th, 2007 | 6:39 pm

    Susan Lakatos in the house…

    Or maybe not?

  4. poseidon
    January 17th, 2007 | 6:46 pm

    To the first commentor- Don’t be a dick. He was being facetious……

  5. January 17th, 2007 | 7:08 pm

    Let me establish the groundrules — It’s completely ok to be a dick to us, just not to other commenters.

    And just to clarify, I passed. I did not not pass.

  6. hhhaaa
    January 17th, 2007 | 9:11 pm

    Congrats on not not passing. Now you too can aspire to mean reversion and get paid doing it!

  7. Da Bockwai
    January 17th, 2007 | 10:08 pm

    Into the meat grinder, boys. Just wait till you try and wrap your brain around Level 2. Try to prevent your brain from exploding till after you walk out of that exam. From how I remember it, it was about as close to knowing what childbirth is like except you spit forth the kid from an orifice in your head and instead of wailing your kid is screaming formulas and financial theorem. 😉

  8. JCauto
    January 18th, 2007 | 11:48 am

    Why didn’t you close the parentheses? It is driving me crazy! Also, I can’t spell parenethiseses.

  9. January 18th, 2007 | 12:59 pm

    What parenthesessesses? I dont see any anywhere.

  10. cactuslou
    January 19th, 2007 | 12:27 pm

    I did not pass either.

    Then again, my company did not pay for exam or prep course.

    I do not know anyone whom passed on their first try who did not receive those perks.

  11. January 19th, 2007 | 1:06 pm

    But aren’t people whose firms are willing to pick up the tab more likely to pass because they are prescreened to be a sample more suited to passing the exam? The same abilities that lend themselves to passing the exam, lend themselves to landing a job which would pay for it, I would think.

  12. January 19th, 2007 | 1:28 pm

    I know of at least one top tier investment bank that does not pay for anything including (but not limited to): the CFA exam, CFA review matierials, CFA review courses, an employee’s MBA.

  13. Da Bockwai
    January 25th, 2007 | 11:51 pm

    But of course, and why do you think that is? Perhaps because employees who participate in these “extra-curricular activities” are prone to exit this IB as soon as they complete their goal? From the IB perspective, where’s their ROI for footing the bill for this?

  14. w00t
    July 17th, 2007 | 12:13 am

    well one possible ROI is that it demonstrates the ability of their interviewing process to pull people who are overqualified for the job. the couple years of soul sucking they receive should make up for the bill, which is another value point the HR team can print on brochures.