I Regret to Inform you...

I didn’t pass the exam. This one really hurts. I have failed before, but this one was worse. I felt that I was really prepared this time. I spent a great deal of time studying and felt I knew the curriculum pretty well. Walking out of the exam I thought I had done my best performance ever on a CFA exam. It turns out that I wasn’t close. Anyway, I don’t want this blog to be about pity or any of that sentimental crap. I will do an analysis here soon on where and why I messed up. Of course, I will be taking the level 2 exam in June 09, but the only silver lining here is that because I’ve taken the exam before and know most of the material, I won’t have to start preparing as early. If I was taking level 3, I would have started preparing in September. Since it’s only level 2 I’ll probably start around election day. I will definitely use this as an educational experience in preparing for the next exam.