Level I CFA® Prep – Portfolio Management

Portfolio Risk and Return: Part I [50min]
5 Nuggets | 1 Quiz
Returns Measures
MWRR vs TWRR
Expected Returns and Standard Deviation of Returns
Theory of Portfolio Diversification
Investor’s Optimal Portfolio
QUIZ: Portfolio Risk and Return I
Portfolio Risk and Return: Part II [39min]
5 Nuggets | 1 Quiz
Capital Market Theory
Systematic vs Unsystematic Risk
Returns Generating Models and Beta
CAPM and Security Market Line
Measures of Portfolio Performance
QUIZ: Portfolio Risk and Return II
Portfolio Management: An Overview [38min]
5 Nuggets | 1 Quiz
Portfolio Approach to Investing
Types of Investors
Steps in the Portfolio Management Process
Asset Management Industry
Pooled Investments
QUIZ: Overview on Portfolio Management
Basics of Portfolio Planning and Construction [25min]
2 Nuggets | 1 Quiz
Portfolio Planning
Portfolio Construction
QUIZ: Basics of Portfolio Planning and Construction
The Behavioral Biases of Individuals [32min]
3 Nuggets | 1 Quiz
Cognitive Errors
Emotional Biases
How Behavioural Finance Influences Market Behaviour
QUIZ: Behavioural Biases of Individuals
Introduction to Risk Management [40min]
5 Nuggets | 1 Quiz
The Risk Management Process
Risk Governance
Identification of Risks
Measuring Risks
Methods of Risk Modification
QUIZ: Risk Management
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Portfolio Risk and Return: Part I [50min]

Level I CFA® Prep – Portfolio Management Portfolio Risk and Return: Part I [50min]
Topic Content
0% Complete 0/5 Steps
Returns Measures
MWRR vs TWRR
Expected Returns and Standard Deviation of Returns
Theory of Portfolio Diversification
Investor’s Optimal Portfolio
QUIZ: Portfolio Risk and Return I
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Welcome to PrepNuggets

Hey Future CFA Charterholder,

Many years ago, I was exactly where you are today—a CFA Level I candidate juggling a demanding full-time career with the daunting CFA curriculum. Coming from a Computer Engineering background, finance was entirely new territory for me. And yes, it was tough!

I struggled with dense textbooks, late-night cramming, and the frustration of concepts that seemed impossible after a long workday. But after passing Level I (barely), I realized something had to change.

Studying Smarter, Not Harder

Using the Pareto Principle (80/20 rule), I distilled the vast CFA syllabus into essential, easy-to-understand nuggets. I leaned into visual summaries and bite-sized learning sessions that worked around my busy schedule. This smarter approach helped me clear Levels II and III on my first attempts with significantly less stress.

Why PrepNuggets?

I founded PrepNuggets to share the streamlined strategies and innovative learning methods that transformed my CFA journey. Our mission is simple: leverage technology to make CFA prep more effective, accessible, and enjoyable.

Join the PrepNuggets community today—sign up for your free account, and let our thoughtfully crafted materials propel you toward CFA success without unnecessary overwhelm.

Here’s to your CFA journey!

Keith Tan, CFA
Founder & Chief Instructor, PrepNuggets

About the Author

PrepNuggets

Keith is the founder and chief instructor of PrepNuggets. He has a wide range of interests in all things related to tech, from web development to e-learning, gadgets to apps. Keith loves exploring different cultures and the untouched gems around the world. He currently lives in Singapore but frequently travels to share his knowledge and expertise with others.

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