Episode #11 | What is Monte Carlo Simulation?

Although you will not be required to use Monte Carlo simulation on the actual CFA Level 1 exam, it is still important that you understand the principle behind it. In this episode we review what Monte Carlo Simulation is, why it is important to understand how it works and what it does and when to apply it. Enjoy the show!

This week we are thrilled to bring you the latest episode of the Financial Analyst Warrior Podcast! If you are currently studying for the upcoming CFA© Level 1 exam, then we invite you to check out our CFA© Level 1 Study Hacks as well as the CFA© Level 1 Starter Kit that features 100 top mistakes CFA© candidates make on their CFA© Exam. On this episode, we cover interesting real world questions : - How to foster a Warrior mentality in order to help you concentrate and study for the upcoming CFA Level 1 exam - Real world Capital Budgeting application from the CFA Level 1 exam - Much more We hope you enjoy the show and we invite you to leave us feedback and contact us if you have any questions about Financial Analyst Warrior or the CFA® examination. We invite you to connect with us on: Facebook | Twitter |Google+ Don't forget to sign up to our newsletter below.

This week we are thrilled to bring you the latest episode of the Financial Analyst Warrior Podcast! If you are currently studying for the upcoming CFA© Level 1 exam, then we invite you to check out our CFA© Level 1 Study Hacks as well as the CFA© Level 1 Starter Kit that features 100 top mistakes CFA© candidates make on their CFA© Exam. On this episode, we cover interesting real world questions : - What is an Robo Advisor and what it means for the future of Investment Advisors and CFA candidates - Main valuation models, their applicabilities, relevances and the holistic approach to choosing investments - Practical advice for future CFA charterholders - Much more We hope you enjoy the show and we invite you to leave us feedback and contact us if you have any questions about Financial Analyst Warrior or the CFA® examination. We invite you to connect with us on: Facebook | Twitter |Google+ Don't forget to sign up to our newsletter below.

This week we are thrilled to bring you the latest episode of the Financial Analyst Warrior Podcast! If you are currently studying for the upcoming CFA Level 1 exam, then we invite you to check out our CFA Level 1 Study Hacks as well as the CFA Level 1 starter kit that features 100 top mistakes CFA candidates make on their CFA Exam. On this episode, we cover 5 of those mistakes, namely: - How interest rates influence exchange rates and how they affect the imports and exports of a country? - How is share repurchase different from a dividend on shareholders' value? - What is the difference between Correlation and Covariance and what candidates need to look out for while studying for the exam? - What is a structured note and how is it used in real life? - The mistakes candidates make with one of Porter's Five Forces (Bargaining power of suppliers) - Bonus mistake We hope you enjoy the show and we invite you to leave us feedback and contact us if you have any questions about Financial Analyst Warrior or the CFA® examination. We invite you to connect with us on: Facebook: https://www.facebook.com/financialanalystwarrior Twitter: https://twitter.com/F_A_Warrior Google+: https://plus.google.com/+Financialanalystwarrior?prsrc=5 Don't forget to sign up to our newsletter: http://www.financialanalystwarrior.com/warriors/

This week we are thrilled to bring you the latest episode of the Financial Analyst Warrior Podcast! Our guest on this episode is Mike Carmody the co-founder of PassedTense. PassedTense has developed a very unique software that enables CFA® candidates to use video lectures as well as practice exams to test and adequately prepare themselves for the CFA ® Level 1 Exam. In this episode, we cover the following items: - What Passed Tense is all about? - How did Mike and his co-founder Ben came up with the software for the CFA ® exam? - What is Passed Tense unique Adaptive Test and how does it work? - The evolution of Passed Tense and the upcoming product releases. We had few issues with our microphone when recording this episode. There is a difference in sound levels between our and Mike's recordings. Sometimes it is difficult to hear us, but at least you can easily hear Mike's side. We apologize for this technicality and we will make sure to fix these issues for the next upcoming episodes. We hope you enjoy the show and we invite you to leave us feedback and contact us if you have any questions about Financial Analyst Warrior or the CFA® examination.