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Posts by Andrew Stotz

How to Decide Between the CFA Program vs. an MBA Program

If you are trying to further your professional career, you may have thought about getting an MBA, or even becoming a Chartered Financial Analyst (CFA). While there are advantages and disadvantages for each type of certification, no doubt if you’re considering the choice then the following question has arisen: Will one be significantly better than…

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Mistake #3: Growing Fixed Assets Slower than Revenue

Today, let’s talk about mistake #3: Growing fixed assets slower than revenue. First though, a quick recap of the full list of Top 9 Mistakes. The Top 9 Valuation Mistakes Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed assets slower than revenue Confusing growth with maintenance Capex Forecasting drastic changes in…

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One of the Biggest Influences on Your CFA Score: Personality

Becoming a CFA Charterholder is all about the three exams. And the required 48 months of work experience. And the 900+ hours of time in blood, sweat, and tears you’ll spend studying. But mostly, it’s the exams. All of these elements—and the exams—make the globally recognized CFA Program the highest standard of measurement for assessing…

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Mistake #2: Underestimating Expenses Causing Unrealistic Profit Forecasts

Welcome to the second installment of my Top 9 Valuation Mistakes blog series. In today’s post, we’ll examine Valuation Mistake #2: Underestimating expenses causing unrealistic profit. Let’s just quickly remind ourselves of the full nine valuation mistakes that analysts are in danger of making. The Top 9 Valuation Mistakes Overly optimistic revenue forecasts Underestimating expenses…

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Improve Your CFA Exam Score

If you were to ask anybody who has ever taken the CFA exam, they would tell you one thing, it is hard. Since 1963, when the first exams began, on average only 42% of exam takers have passed Level 1, 46% for Level 2, and 57% when it comes to Level 3. However, this does…

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