Friday, March 13, 2009

Best Stock Picks - 5-week returns

It has now been 5 weeks since the start of our Best Stock Picks competition. One month ago, we presented the 1-week returns and today we update the results. As you will see, things have changed a little bit. Most notably, the random portfolio is no longer the best performer. It has fallen to third place while the choices of the 3 strategists are now in first place. The Stock Market Investment Partner portfolio is still in last place. The worst stock pick comes from the Equity Research team and it is Manulife with a 5-week return of -39.66%. Once again, the best performer comes from the random portfolio. This time it is Southwestern Resources (45.76%). Here is the 5-week performance of the portfolios

1- Strategists: -7.25%
2- Business Channel: -8.69%
3- Random: -13.80%
4- Equity Research Team: -14.54%
5- Stock Market Investment Partner: -18.00%

Now that you know the most recent results of our Best Stock Picks competition, go back to your CFA prep!

Friday, March 6, 2009

CFA Exam

The final countdown until the Level 1, Level 2 and Level 3 CFA exams has started. June 6, 2009 is the date where nervous candidates will spend 6 hours answering questions. Unfortunetaly, most of them will fail. Indeed, the CFA exam pass rates are usually low. For the June 2008 exams, the pass rates were 35% for the Level 1, 46% for the Level 2, and 53% for the Level 3. We highly suggest that you study hard with the CFA material of your choice. There are plenty of options available like the CFA Institute volumes and the many CFA prep courses.

For more information on the CFA program and the CFA exams, please visit CFA Institute's official website.