On 2009-08-11 Henry B., New York, NY wrote: Since my background is in electrical engineering, I bought this book to gain a basic finance background (CFA fundamentals) so I can feel better prepared to tackle the official level 1 CFA material. That was a year ago, and in retrospect, it was a costly mistake! Not only are many of the subjects in this book outdated, whole chapters are irrelevant to the current CFA curriculum (2009). In addition, the material is poorly presented and explained. It´s expected that the different subject matters have a cursory treatment; however, a poor explanation, no matter how long/short, is still a poor explanation. After wasting 3 weeks on this book and at one point, doubting I would ever understand finance, I focused in on understanding the official CFA material - I had to start entirely from the beginning. Thankfully, and thanks to the CFA curriculum, I correctly learned the required level 1 material, expanded my understanding of the theory/mechanics/terminology used in the finance world, and I ended up passing. Save your money and time! Caveat Emptor! Don´t buy this book! . And summed up by saying Terrible book!. Currently CFA Fundamentals has an overall rating of 6 over 10.
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