Preparing for CAIA Level 2

I remember I scoffed about CAIA L1 exam. I found it all too easy, and started thinking CAIA should not really stand in one line with CFA. I am starting to change my mind. After some relatively easy sections on Real Estate and Private Equity, here come Hedge Funds and Structured Products, and all of a sudden the exam does not feel so easy any longer.

François-Serge Lhabitant, whose book Hedge Funds: Quantitative Insights I had the pleasure (and the pain) reading in the past, really knows what he is writing about... His in-much-detail description of Hedge Fund investment strategies is extremely informative, but memorizing all the formulas involved is no bed of roses. Same goes to the Structured Products.

With only a few weeks ahead before the exam, I feel I really need to step on the gas.


RELATED POSTS:

• CAIA Level 2 Exam
• CAIA Level 1 Exam
• Comparison of financial certifications
• CFA and CAIA Designations

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