Why I quit the CFA program after passing level 1. |Chartered Financial Analyst|

Disclaimer: None of the information in this video should be considered as advice. This video was made for entertainment purposes only. None of the content is intended to offend, encourage or discourage anybody from doing or not doing anything. Kindly consult a registered advisor prior to taking any decisions.

[KaranMGurnani]

Hello!
It's been many years since I uploaded this video.
Wanted to give an update;
I am currently managing money for over 120 individuals and still have not attempted CFA level 2. If you're interested in knowing more about what's going on, please check out my most recent videos 🙂

[pankaj]

You are absolutely correct.
I am a CFA level 1 candidate. Few days ago, I have also realized that CFA is just a validation. You don't become a value investor by getting a chater holder degree. There are lot people around the globe who are in the field of finance yet they don't know how to analyse a company's financial report, business model and management.

[abheygpt]

Don’t leave your CFA program after seeing this video. This man thinks that life is like a fairy tail with no pains. Be strong and prefix that damn CFA charter.

[cayogeshkarnany]

"Experience Give You Deep Learnings But When This Is Mixed With Proper Knowledge & Professional Degree, It Will Give You Deep Earnings With Proper Respect Which You Deserve. "

[jasminmampilli]

Thank you for being so candid Karan. Im sure this will inspire others to decide what their goals are when they undertake a course rather than mindlessly go into something. Time indeed is the most valuable investment

[prafulyadav]

" MOST VALUABLE THING IS YOUR TIME " Love it ❤️ your point of view brother...

[omeralhelali]

Guys if you are struggling with CFA, this video will give an excuse to quit!

[Abhisheknanavare]

All these fancy degrees, fundamental analysis, value investing just to see another dog-themed crypto outperform every asset class in the world.

[VnStrk]

I work in FP&A - not so close to investment. I cleared level 3 not a while ago. It opened doors for me not because of the knowledge out of the certificate but rather the credibility in the charterholders perceived by the market at least in my region.

[shubhampatil]

Thank you karan for sharing your experience with us ☺️... After all Investing is not about crunching the numbers it's all about understanding the fundamentals of the business

[anrm]

I never pursued the CFA for similar reasons. It seemed more like I would be doing it only for a credential rather than practical knowledge. Saw nothing new in there.
That being said it is a great learning path for many. I tell many of my peers to do it when they ask where to start for a career in finance.

[firefox]

As a software engineer, I am pursuing CFA and it added tremendous value both in terms of knowledge and career growth. If achieving great success in investing was as easy as reading a few books and following a few investors, then half the people on earth would be billionaires. For every Bill Gates who dropped out of college and went on to become very successful, there will be 1000 others who dropped out and ended up achieving nothing. Nothing stops me from both pursuing CFA and reading investment books/following great investors if I am PASSIONATE enough.
But nothing against the creator of the video as he seems to be a reasonable guy. Everyone's individual circumstances are different. Do what is right for YOU based on your interests and circumstances. There is no easy and quick path to success.

[amanseth]

Optimum amount of information in shortest possible time. I could feel the idea behind your whole line of thoughts just basis how you explained all of it. You made it so easy to understand! Thankyou

[charleskinyua]

Great investors with CFA : Eddie carl Brown, Mario gabelli, Howard marks, Bill gross, etc..Great investors without CFA : james simons, warren buffet, kenn griffin, Robert F. Smith, etc...Win - Win..choose what you want and move forward, but work hard in improving both knowledge and investment wisdom.

[learninchunks]

I think you are right....My educational background is of commerce and I understand financial statements. I was also thinking of pursuing CFA just for additional degree but then I decided to give up on the idea considering the amt of time and investment it will require....it shall not give me fulfillment and happiness at the end....so am finding what shall be my right destination

[luispaz]

I agree so much with you Karan, our most valuable asset IS our time. Especially time to play with that joyous Orange dinosaur in the background ! HOW FUN ! 🤗

[anthonypietrobono]

Thanks so much for the share Karan! You saved me many hours of potentially wasted study.

[cryptianwallet]

whenever i search for a CFA level 1 concept i will see this video appearing in my screen and big discourage and disappointment for me.

[aviralrastogi]

Thank u, for clearing the myths about these designated certification programs and I would like to talk to you personally because I am I am in the same situation as you were.

[subhaprasadmukherjee]

A person should go for CFA if they feel like they should. CFA is definitely a great certification and not for the weak willed or faint of heart. So if someone is preparing, it's not that you should get demotivated. Also, you never know when a certification will land you a job or a promotion. There's no point pursuing a CFA if your only thought is companies will eagerly wait for you to complete the CFA with a red carpet. Don't get depressed now if you have started. Give it your all.

Don't get discouraged by a video which defames CFA and then gives disclaimer that the video is for entertainment purpose. LOL.