Best products from r/CFA
We found 24 comments on r/CFA discussing the most recommended products. We ran sentiment analysis on each of these comments to determine how redditors feel about different products. We found 34 products and ranked them based on the amount of positive reactions they received. Here are the top 20.
1. Timex Unisex T2P142 Weekender Blue/Yellow Stripe Nylon Slip-Thru Strap Watch
Blue/Yellow Stripe Nylon Slip-Thru StrapRound White DialFull Arabic Numerals & 24-Hour Military TimePolished Silver-Tone 38mm CaseIndiglo Light-Up Watch DialWater resistant to 30m (100ft): in general, withstands splashes or brief immersion in water, but not suitable for swimming or bathing
2. Casio Men's MQ24-1E Black Resin Watch
- Water resistant
- 3-Hand analog
- Battery SR621SW
- Approx. Battery life: 2 years
- Size of case/total weight: 37. 5 x 35. 0 x 8 mm/20G
Features:
3. Modeling Structured Finance Cash Flows with Microsoft Excel: A Step-by-Step Guide
- Not for use with non standard USB cables that have more than 5 pins. Using this cable with a non standard connector can damage your device.
- Three foot black standard USB 2.0 High Speed Certified cable
- Backward compatible with USB 1.0/1.1 standards
- One USB B Mini male connector and one USB B Mini female connector
- Works with existing charge and PC data transfer cables
Features:
4. Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions)
McGraw-Hill
5. The Handbook of Fixed Income Securities, Eighth Edition
- McGraw-Hill
Features:
7. An Introduction to the Mathematics of Financial Derivatives
- Academic Press
Features:
11. Green Surge Green Superfood Powder Supplement - Keto Friendly Greens Drink w/Spirulina, Wheat & Barley Grass - Green Tea Extract, Probiotics & Digestive Enzymes - Mixed Berry - 30sv
DELICIOUS GREEN SUPERFOOD BLEND. Packed with essential organic greens, micronutrients, probiotics, and digestive enzymes to optimize your nutrition and detox your body. GREEN SURGE powdered greens (keto friendly) is made with organic plant super-foods that are rich in essential micro nutrients, prob...
12. Automate the Boring Stuff with Python: Practical Programming for Total Beginners
- No Starch Press
Features:
14. Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today
- New pascal architecture
- 6gb 192-bit gddr6
- Virtual reality ready. Recommended power supply : 400w
- 1 x dual-link dvi, 3 x DisplayPort (version 1.4), 1 x HDMI
- Boost clock 1708 MHz
- Extended warranty included with every graphics card purchase. User registration required on zotac website
Features:
15. CFA Program Curriculum 2017 Level II, Volumes 1 - 6 (CFA Curriculum 2017)
- Patented vortex nozzle system
- Dual nozzle; Easy D.I.Y installation
- No electricity or batteries required
- Exclusive soap dispenser; Self-cleaning nozzle; Adjustable water pressure and water temperature
- 1 Year manufacturer coverage: 12 month coverage for parts and labor
Features:
16. Distressed Debt Analysis: Strategies for Speculative Investors
- Used Book in Good Condition
Features:
17. The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)
- The Most Important Thing Uncommon Sense for the Thoughtful Investor
Features:
18. Active Portfolio Management: A Quantitative Approach for Producing Superior Returns and Controlling Risk
19. Pass The 65: A Plain English Explanation To Help You Pass The Series 65 Exam
20. HON Nucleus Mesh Task Chair - Knit Mesh Back Computer Chair with Adjustable Arms, Black (HN1)
CONFORMS TO YOUR BODY: This durable work chair has a flexing knit material back that conforms to your unique support needs and flexes to the precise contours of your spineCONTEMPORARY DESIGN: These commercial grade task chairs are engineered for performance and designed with comfort from the inside ...
I would recommend BIWS for someone without direct experience that has an Excel modelling test in a week.
If you're trying to generally get better at your Excel / modelling skills then I'd recommend this book off Amazon:
https://www.amazon.com/Modeling-Structured-Finance-Flows-Microsoft%C3%82-Excel/dp/0470042907
Depends on what you're interested in -
Most of my work is in derivatives so would recommend
Those are good starter books and far, far beyond what you'll get out of all three levels of the CFA. There are much more mathematically focused books out there as well.
If you want to get mathy -
This was my first serious finance book in undergrad and I still reference it today.
Fixed Income
I'm probably least strong in the equity space but most people recommend this book (I haven't read it)
For sure. Yea most superfood drink taste like shit and garden mulch. This stuff tastes pretty awesome though
Superfood Green Drink
If you know R, then Python should be no problem. Learning Python helped me learn Java, and now R just seems like another step. I think my Python resources are out of date now, since I was learning Python 2. Learn Python the Hard Way used to be free, now he's charging for it. Coding Bat is cool for practicing. Here's some MIT readings I used too, but again, theyre for Python 2 so theyre going to be out of date. I actually just picked up Automate the Boring Stuff but havent used enough of it to recommend it yet, but it definitely looks interesting.
edit: Here this post of mine from a while back has a lot more Python resources that may or may not be useful anymore:
https://www.reddit.com/r/CFA/comments/6h5566/python_resources/
Check out Simon Benningas book....Financial Modelling
https://www.amazon.co.uk/Financial-Modeling-Simon-Benninga/dp/0262026287
One of the best books around for this topic for sure.
There are roughly 5 components in the practical CAPM model: (i) market risk (ii) value (iii) size (iii) momentum (iv) profitability.
The market risk beta was developed in the 60's and captured around 60% of volatility.
Adding the value beta and size beta - developed by French and Fama - brought the tally up to 90%.
The momentum beta then bumped up volatility capture to 95%.
So... if you have a single factor CAPM - the traditional market risk measure - you are still leaving around 40% of volatility unexplained.
In short: Add factors! Even if (European) CAPM traditionalists frown upon this.
Edit: This is a great book on the topic, and covers all recent academic publications!
I guess you can buy this?
https://www.amazon.com/Program-Curriculum-2017-Level-Volumes/dp/1942471866/ref=sr_1_1?ie=UTF8&qid=1501535786&sr=8-1&keywords=cfa+level+2
But it is kinda steep. For that price you can probably buy an older generation ipad or samsung tablet and just run Vitasource bookshelf (the delivery method you receive the curriculum)
Or, is the CFA app still around?
The work around is to print at PDF, and then open on your kindle like khruschev already suggested. I don't know how the kindle would render it.
I would experiment with your L1 materials and see how it looks.
As far as getting the kindle version from amazon,
I would just order this:
https://www.newegg.ca/Product/Product.aspx?Item=24W-0002-003B1&nm_mc=KNC-GoogleAdwordsCA-PC&cm_mmc=KNC-GoogleAdwordsCA-PC-_-pla-_-Mac+-+iPad-_-24W-0002-003B1&gclid=Cj0KCQjwqvvLBRDIARIsAMYuvBGU6yakjbbdl44OVxv8nWduQrCZj7ZjajG-Piu4P2rSr8vt8kjpV7IaAmLOEALw_wcB
I started out in HY. This is a good list.
I’ll add that your main focus is liquidity. Can the company service its debt? Make payroll? What’s their cash burn rate?
I’ll second learning about covenants and capital structure (secured, unsecured, preferred) and which entity the debt sits at. Focus on how close the company is to violating their covenants. What happens if they trip a covenant? How much of their asset base is pledged as collateral? If a company files for BK, how much can you recover?
Know their leverage ratio. Know what their EBITDA looks like on a rolling basis. Did they have a monster 4Q18, which gave them a ton of room? If so, when will their EBITDA fall off?
If you have time, read this book. The legal info is probably stale, but the analysis sections are still good.
I'd highly recommend all of Buffett's letters and this, as well as this book
Agree with EpicAlcohol, this is extremely vague. Do you know what securities the team invests in?
If it’s active equity, this is the canonical text book that everyone will tell you to read. It’s actualy very skimable since the chapters are broken up into a theory section and a math section.
Feel free to PM me for some more info. I was in a similar situation recently.
Not bad at all. I used this book and found it easy to read and informative https://www.amazon.com/Pass-65-Plain-English-Explanation/dp/0983141169
I recommend you strap up with this baby https://smile.amazon.com/Casio-MQ24-1E-Black-Resin-Watch/dp/B000GAWSHM/
Or if you really want to ball out, Timex weekender is a classic https://smile.amazon.com/Timex-Unisex-T2P142-Weekender-Slip-Thru/dp/B00B2I167K/
I bought this one to study back in 2017 and have really liked it.
HON Nucleus Mesh Task Chair - Knit Mesh Back Computer Chair with Adjustable Arms, Black (HN1) https://www.amazon.com/dp/B00IMBTSBQ/ref=cm_sw_r_em_apa_i_bJxFDbA54P6KV
It'll give you a decent foundation. But I guess, the more important question, is what are you hoping to learn? CFA will cover derivatives, accounting, debt, equities, corp fin., etc. Which might be too much to digest depending on what you want to learn.
You could also consider Financial Modeling by Simon Benninga depending on your goals.
This one?
https://www.amazon.com/Financial-Modeling-Simon-Benninga/dp/0262026287