Yes, holy shit.
So what happened? Where have I been disappearing to all these months? Well… it’s a long story, but to start off in this comeback post I’d like to highlight a couple of crapolas that happened recently.
Holy Shit #1
Well let’s start with the shittiest thing first. The 5m10y.com website was hacked. That’s the biggest holy shit right there (no kids are reading this blog, right? You old enough to want 5 million dollars or to want to become a CFA charterholder, you old enough to say and hear “shit”, right?).
So anyway, here’s what happened. After I’m kinda settling down from what’s been happening for the past few months–I’ll get into that soon enough–I went to blog.5m10y.com to see what’s been happening, who has left comments in here, etc. … and I was greeted by this:
(In case you’re wondering, I blacked out the website because by the time I’m writing this post 5m10y.com is already 100% clean and Google has taken it off their “bad” list. So I can no longer take a screen capture for 5m10y.com.)
My first reaction was sheer panic. Not because of this blog, but because I immediately thought the worst–what if my computer had been compromised all along and there was a keylogger installed somewhere? What if the whole server is compromised and someone’s using it to send spam and it gets blacklisted… etc. etc. etc.
Anyway. Long story short, after a night of very little sleep, everything’s clean now, all passwords changed, computer fully scanned and all malwares removed. I engaged a professional security company to take care of it and they did it within 2 hours. Too bad I only knew that they gave discounts to mediatemple customers after I made payment. But apart from that, things are great. So it’s time to move to #2.
Holy Shit #2
To answer all of your questions: I did NOT pass CFA level 2 exam. I failed band 10–2 areas > 70%, the rest are between 50 – 70%. Why? Well, I know why.
First, not deep enough understanding. Not enough practice. It’s like this. There’s one level where you can hit one similar questions after another and you’ll be fine. But being able to handle new situations and variations based on what you understand is a different level altogether. I wasn’t able to do this. Level 1 wasn’t like this. Level 1 was straightforward. Not so with Level 2.
Second, not paying enough attention to the CFA textbooks. My logic goes like this. There are only a few vignettes. Surely they can’t cover that many topics, right? So I can just concentrate on the biggest/meatiest topics and I should be fine, right? WRONG. And BTW, I’m pretty sure Schweser 2010 had nothing whatsoever about Ibbotson-Chen. Damn.
So, what next? Well are you kidding me. Do you need to ask? I signed up for CFA Level II 2011 exam on that very day. So yeah, I’m in this again with all of you who passed L1 (congratulations!) and failed L2 (honoured to have you as my fellow L2 candidates again!).
I still haven’t written anything about my 2-month disappearance, but that’ll have to wait for now. The weekend is running and I have to get away from my computer after spending so many hours cleaning & fixing everything up! It’s good to be back!
Oh and most importantly: I apologize for haven’t been able to reply to your comments. I gotta go now but I will sit down soon and reply to them. Meanwhile, take care, and have a great weekend!