I go to the library every Saturday to work on this blog. For the last few months I’ve been accompanied by two friends, who were studying for the CPA and CFA exams. They took their exams recently and both failed. I knew why but I’m never one to offer my advice unless asked for it.

 

It startles me that they’re not aware of the reasons they failed and peg it down to an innate lack of intelligence rather than their habits.

 

I was recently at the library with a few friends who were studying for the CPA and CFA exams. They had already failed both tests on their first attempts.