CFA Level II Pass Rate Declines From Decade High

The video discusses the decline in CFA pass rates, noting a drop from 47% to 43% for Level 2. It highlights the exam's difficulty and the addition of AI and big data questions. The CFA is compared to the bar exam, emphasizing its multiple levels and longer study duration. The discussion concludes with a debate on whether law school is harder than the CFA.

What are the implications of having a CFA tag on your name in the context of Wall Street?

What is the average time it takes to pass the bar exam as mentioned in the conversation?