(Part 2) Top products from r/CFA
We found 14 product mentions on r/CFA. We ranked the 34 resulting products by number of redditors who mentioned them. Here are the products ranked 21-40. You can also go back to the previous section.
21. Pass The 65: A Plain English Explanation To Help You Pass The Series 65 Exam
Sentiment score: 1
Number of reviews: 1
Show Reddit reviews22. The Merriam-Webster Dictionary
Sentiment score: 0
Number of reviews: 1
Covers core vocabulary with New words added from a variety of fields.More then 70, 000 updated definitions, pronunciations, word origins and synonym lists as well as abundant usage examples.Features special sections and tables.
Show Reddit reviews23. Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today
Sentiment score: 1
Number of reviews: 1
Show Reddit reviews24. Dynamic Hedging: Managing Vanilla and Exotic Options
Sentiment score: 1
Number of reviews: 1
Show Reddit reviews25. All the Shah's Men: An American Coup and the Roots of Middle East Terror
Sentiment score: 0
Number of reviews: 1
Show Reddit reviews26. Modeling Structured Finance Cash Flows with Microsoft Excel: A Step-by-Step Guide
Sentiment score: 1
Number of reviews: 1
Show Reddit reviews27. Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals
Sentiment score: 0
Number of reviews: 1
Show Reddit reviews28. The Most Important Thing: Uncommon Sense for the Thoughtful Investor (Columbia Business School Publishing)
Sentiment score: 1
Number of reviews: 1
The Most Important Thing Uncommon Sense for the Thoughtful Investor
Show Reddit reviews29. Options, Futures, and Other Derivatives (9th Edition)
Sentiment score: 1
Number of reviews: 1
Show Reddit reviews30. An Introduction to the Mathematics of Financial Derivatives
Sentiment score: 1
Number of reviews: 1
Academic Press
Show Reddit reviews31. Corporate Finance, 10th Edition
Sentiment score: 1
Number of reviews: 1
Corporate Finance
Show Reddit reviews32. The Handbook of Fixed Income Securities, Eighth Edition
Sentiment score: 1
Number of reviews: 1
McGraw-Hill
Show Reddit reviews
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)
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'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
Hawking snake oil implies fraud, directing people to a great study resource is not fraudulent. Perhaps you should also pick up a copy of one of these: https://www.amazon.com/Merriam-Webster-Dictionary/dp/087779930X
> So basically a certification in unscientific hokum?
...One of the books in the CMT curriculum is literally titled, "Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals".
Technical analysis arguably lends itself to objective scientific analysis far better than many fundamental analysis topics (Porter's Five Forces, etc.).
Working through the German tree on Duolingo and reading All the Shah's Men.