Pitfall: Spending 3 hours formatting a table for the difference between binomial and trinomial trees. Solution: Done is better than perfect. A messy handwritten note that you reviewed is better than a beautiful PDF you never open.
Here’s a useful review of — focusing on what actually works for candidates: cfa level 1 short notes
CFA Level 1 is broad, but it is not equally deep. Some topics (like Time Value of Money, DCF valuation, and Probability) appear repeatedly across multiple topics. Other topics (like specific niche historical regulations) appear once. Your short notes must be —focusing on the 20% of content that yields 80% of the exam points. Pitfall: Spending 3 hours formatting a table for