On L3 you are likely to be asked to compare the risk tolerance of life insurance vs. non-life insurance companies. This post breaks down everything you need to know.
Why is a 14th century banking innovation important for modern monetary policy? This post explores the rise of fractional reserve banking, the money multiplier, and the equations and concepts you should expect to see tested on the CFA Level 1 exam.
On Level 1 you need to be able to solve Time Value of Money problems using your financial calculator. to move between future value and present value. This post includes a straightforward walkthrough of the steps as well as a section highlighting common errors Candidates make.