Only 25% of nearly 26,000 applicants passed the Chartered Financial Analyst Level I exam administered in May, the lowest since testing began in 1963, and the pandemic played a significant…
Tag: CFA Institute
Do Analyst Recommendations Add Value? Maybe
A new study may cast doubt on the conventional wisdom that following analyst buy or sell recommendations isn’t going to pay off for investors. This according to a recent article…
John Bogle on the Balance Between Professional and Business Values in Investing—Part 1
An essay by Vanguard founder John Bogle, published in a recent issue of the CFA Institute’s Financial Analysts Journal, offers insights and guidance concerning the need for balance between professional…
When Choosing Fund Managers, Maybe Less is More
It may pay to go for mediocre rather than stellar when selecting fund managers, according to last week’s post in Enterprising Investor by Joachim Klement, CFA. While studies have shown…
CFA Panelists: Economic Bears, Stock Market Bulls
The CFA Institute held its Global Financial Crisis Roundtable Thursday, with institutional expert Theodore Aronson, Goldman Sachs’ Abby Joseph Cohen, bond expert Martin Fridson, and economist Jason Trennert speaking in…