1. The “Doctrine of No Surprises” states that: A. risk managers are expected to predict risks. B. the effect of the outcome of a predictable or an unpredictable event would not surprise the risk manager and the effect would have been quantified and considered in advance. C. the effect of the outcome of a predictable… Read More


  Dear Level I Students, Welcome to the first post of my new CFA Question & Answers blog. I sincerely hope that you find the material here useful. With the exam date approaching fast, one of the biggest issues facing Level I candidates is retention. “I’m learning new material but forgetting what I did two… Read More