Rates of return - holding period return, arithmetic and geometric mean (for the CFA Level 1 exam)

[@BSGT1293]

Thank you, thank you, thank you from the bottom of my heart! Your explanations and how you break down every topics is making my CFA journey much easier.

[@letmeexplaincfa]

Wow, thank you! This is a lovely comment to read first thing in the morning!

[@tonile1970]

I almost want to give up the CFA curriculum before I found your lecture. Coming from a medical background, finance is a bit much and your videos make it so clear for me. Thank you from the bottom of my heart.

[@eddydabire3552]

Such great explanations Wojciech, exactly what I was looking for. Your lessons help so much more with understanding rather than simply memorizing. Keep up the great work.

[@letmeexplaincfa]

Thank you so much. I really appreciate your feedback!

[@dkharatani]

I've just got the program and I thought I wouldn't be able to do it until I found your channel! Thank you so much for making our lives easier for the exams. 🥰🙏

[@hmsdigger6343]

Thank you very much. I highly recommend this channel. Lessons are clear and straightforward. A tip : shortcut for calculating the root of N is to raise to the power of N/x (i.e you press Yx button than N than 1/x button). All the best!

[@letmeexplaincfa]

Thank you very much for the recommendation and the tip👍

[@AlexanderProkopenko-xl8eu]

I highly recommend this channel for all those who are studying for CFA L1 exam. Helped me a lot. The format really worked for me - direct hits to testable concepts. Wish you had the material for L2!

[@letmeexplaincfa]

Thank you very much.

[@matthieulerouge1813]

I am discovering your work and it is amazingly well explained ! Thank you so much !!!

[@letmeexplaincfa]

Thanks a lot! I'm very glad you like it!

[@MasonHarrison-i4o]

Thank you for making these videos! You are an excellent teacher.

[@itsdreamy3704]

Great teacher. I've already finished my curriculum readings and currently watching your vids while doing some practice tests. If I pass this upcoming November, I hope that you will create videos for Level 2.

[@letmeexplaincfa]

Thanks :) Yes, I will start releasing L2 in early December

[@mohammedsana3954]

Very Informative explanaiton. especially the way you explained how the investment return value arrives at the 4th year based on the arithmatic and geometric rates were very neat and understandable. my take away from this eposide is the Arithmatic mean >= Geometric Mean (Equals only when the investment return rates are same). Thank you soo much for adding light for my CFA L1 journey. thanks alot sir.

[@alinam4712]

Thank you so much for these videos they’re really helpful! Please keep up your good work!!

[@letmeexplaincfa]

Thank you!

[@m.m.5237]

Thank you very very much 😀🥰. I highly - strictly recommend this channel.

[@letmeexplaincfa]

Thank you!

[@faisalalrayes-v7b]

I’m about to start my CFA journey and thankfully came across your videos before starting. These videos are amazing and helpful, thank you for providing them. Also will you be covering other CFA levels like level 2 and 3

[@letmeexplaincfa]

🙏 thanks. Yes, the plan is to go all the way to L3

[@faisalalrayes-v7b]

@@letmeexplaincfaAmazing! Wish you the best of luck and I plan to be a part of this journey!

[@letmeexplaincfa]

@@faisalalrayes-v7b Amazing, thanks!

[@faisalalrayes-v7b]

@@letmeexplaincfa out of curiosity, by when do you plan completing all the videos up to level 3

[@letmeexplaincfa]

@@faisalalrayes-v7b I want to have Level 2 ready for Summer 2025 and Level 3 for February 2026.

[@assaddouaihy]

Hello, I just started my exam on 18 Feb 2025 you are helping me so much just one question are the videos in order of the curriculum? and do you cover all of the topics?

[@Abijittdulalrabha]

Very informative and thanks for the clarification .. love the content

[@sajinis6418]

Can I know why are we multiplying the yearly returns in Holding period and geometric return?

[@letmeexplaincfa]

Can you please tell me which moment in the video your question relates to?

[@sajinis6418]

The thing is at 17:12 you wrote the formula for geometric return. I couldn't understand the formula properly like why do we need to multiply the returns and then doing the n times root?

[@letmeexplaincfa]

Ok, I see. Well, this is just how it works mathematicallly. I’m not sure if I can really justify the logic behind it, except that this is the way it works😀

[@sajinis6418]

@@letmeexplaincfa okay thankyou

[@thomash7247]

Thank you !

[@AbdelrahmanAshraf-g9j]

Hi, thanks for this video I'm currently prep for lv1 2025, and I'm considering join your channel (pay the monthly subscription), but I'm a little confused as many playlists seems unfinished yet, as I see some videos still uploading each day, so is there any video sequence that I can watch without effecting my study plan?

[@letmeexplaincfa]

Please visit www.letmeexplain.eu to see the current upload schedule. Level 1 content will be fully ready in mid October

[@diegomartinez912]

Amazing teacher, thanks!

[@letmeexplaincfa]

You're very welcome!

[@GhadaAhmed-xl2rj]

Thanks , Keep up the great effort

[@letmeexplaincfa]

🙏

[@harveymack2912]

Great video, thanks. What app do you use for your calculator?

[@letmeexplaincfa]

Thanks, I use the Texas Instruments BA II Plus app for the Iphone

[@itxAK-v3p]

You are the best teacher... Best method ✅💖 How to become channel member????

[@MinhNguyen-of1sc]

Thank you so much!

[@namelessbecky]

THANK YOU !!!

[@jobencin8460]

Hi, how do become a join this channel as a member to get access to members only contents?

[@letmeexplaincfa]

You should see a button labelled Join on the channel page: kzbin.infoen_uk/join/

[@jobencin8460]

Sorry, I still can’t find ‘join’ button in the channel page…

[@letmeexplaincfa]

Ok, this may be due to the country from which you are trying to join not being on the list: support.google.com/youtube/answer/6307365?hl=en#zippy=%2Cpremium-memberships-available-locations Of locations where paid services are available😔

[@jobencin8460]

I’m trying to join from the UK. I can see ‘join’ button for other channels but not this one…

[@letmeexplaincfa]

I see, this is from the YT support page: The Join button currently does not appear on most enabled channels on iOS inside the KZbin app. Try joining from another non-iOS device or opening the channel page in a web browser. Could this be the problem? You should definitely be able to join from the UK

[@blessjabu-t8x]

very helpful videos ,how do i become a member in order to get access other members videos

[@brunosoria7144]

great class

[@arthbarevadia8163]

How can I purchase your membership?

[@AI-sz2qm]

do you do private tutoring for the exam?

[@letmeexplaincfa]

Thanks for reaching out. No, unfortunately I don’t provide tutoring

[@saikumarkalleda9600]

Sir i want to take your membership but i’m unable to take it in my country. How can i do it?

[@letmeexplaincfa]

If your country is not listed, I cannot help😔

[@saikumarkalleda9600]

@ Sir you’re an amazing teacher i hope you’ll find solution for it.

[@abderrahmane800]

Thanks a lot.

[@marcelreixach9882]

God bless you

[@Leafve-b7j]

How can I join the members please and access all content, please?

[@letmeexplaincfa]

You should see a Join button when viewing on a computer.

[@SpeedX0905]

thanks

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How can we become your member

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How to become channels member?

[@letmeexplaincfa]

Hi, you should see a Join button on the channel homepage if you view it using a computer (it does not typically show on a phone)

[@shaneabela3773]

👌

[@HARSH-uu9og]

Hey there, I'm a CFA aspirant who has just finished their high school, I'm about to give college entrance exams (I have 0.1% of getting into a great one) so rather than wasting time on it much I'm thinking to start preparing for the L1 of CFA or FRM, my questions are 1)Is 1 year enough for the CFA L1, I've been told that it is more than enough so in that case qould you recommend to start preparing for L2 also are the schweser notes good enough? 2)Ive been told by a CFA L3 candidate that they regret doing CFA because it has been losing its value over the years cuz the exam used to be 1 time a year now its multiple times many people can get the designation now and blah blah how much does all of it stand true?

[@letmeexplaincfa]

Hi, thank you very much for the message. 1) yes, one year should be enough and yes, schweser is a great resource at all levels. 2) I think most professional qualifications have become a little easier over time (this alos includes accountancy qualifications like the ACCA), however, the CFA is still the prime investment qualification you can find on the market.

[@HARSH-uu9og]

@@letmeexplaincfa Thanks for the tip, I'll be starting to study for CFA in 3-4 months from now.

[@letmeexplaincfa]

@@HARSH-uu9og Great! I hope this channel will help you with your studies!

[@martincontreras6031]

I regret buying Kaplan. He makes it so much easier.

[@JayJay-jy8kz]

whos this handsome guy explaining so well lmao