Value at Risk (VaR) is the most tested portfolio risk measurement on the CFA Level 3 exam. Here's what it is, how to interpret it, and how to discuss and overcome its limitations. 

Other than building a business on top of the CFA exam (a pretty direct use case), I think I've gotten value out of my CFA in a few ways. Here's why it can be worth it. 

We use industry analysis to better understand the big picture and a company's relative position within it. Peer groups is one comparable companies approach useful in valuation analysis (and tested in the CFA Level 1 exam).

Adjusting a portfolio's exposure between bonds and equities is a vital CFA Level 3 calculation question. This post runs through exactly how to solve this type of problem. 

Adjusting portfolio beta to modify equity exposure is a key testable concept and calculation for the CFA Level 3 exam. Here's what you need to know. 

Adjusting portfolio duration is a key testable concept and calculation for the CFA Level 3 exam. Here's what you need to know. 

Small unconventional CFA Level specific tactics that make a big difference come exam day.

Not all portfolio return measurements are equal. This post covers the main CFA Level 1 methods/equations for measuring portfolio return.

An overview of the key testable basics for estate planning for CFA L3 and how estate planning interacts with taxes, longevity risk, and concentrated positions.

No matter which CFA level you are studying for, at this point the chances are you fall into one of just four categories of CFA Candidates. Which one are you?