CFA Level 1

Saw CFA Institute advertising its career guide in Facebook. No wonder Facebook's revenue is growing fast. More and more companies are advertising on Facebook. I still remember my study for CFA Level I. I registered for the exam on 11 January 2009 and received the books on 14 January 2009. I was excited to begin … Continue reading CFA Level 1


Risk = Volatility?

Speaking of risk in previous post, I think it's appropriate to elaborate further on what risk is. In general term, risk means the possibility of a loss or damage. In stock market, wall street likes to associate risk with volatility. The general stock market volatility is measured at beta = 1. An individual stock is … Continue reading Risk = Volatility?