Level 1 CFA® Exam:
Screening for Equity Investments

Last updated: December 09, 2022

Level 1 CFA Exam Takeaways: Screening for Equity Investments

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  1. Screening for equity investments is reducing the spectrum of equity investments using different tools and ratios, so we can focus on the most promising investments.
  2. Back-testing has some limitations in the form of biases: data-snooping bias, survivorship bias, and look-ahead bias.