Finance Exam Prep

[CFA Level I] 10, Diligence and Reasonable Basis for Research

October 29, 2026·4 min
Episode Description from the Publisher

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Core requirements of Standard V(A) Diligence and Reasonable Basis - Why a reasonable basis does not require absolute certainty in investment outcomes - Essential steps for evaluating and vetting third-party research reports - How to address testing data, quantitative models, and overfitting risks - A simple decision rule and exam trap analysis for research diligence This independent study resource helps candidates prepare for the CFA Level I exam. Access more tools at https://open-exam-prep.com/practice/cfa-level1 and https://www.youtube.com/@Open-exam-prep . Sources checked: October 12, 2026 https://www.cfainstitute.org/sites/default/files/2027levelitopicoutline_online.pdf https://www.cfainstitute.org/standards/professionals/code-ethics-standards

Podzilla Summary coming soon

Sign up to get notified when the full AI-powered summary is ready.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.

Listen to This Episode

Get summaries like this every morning.

Free AI-powered recaps of Finance Exam Prep and your other favorite podcasts, delivered to your inbox.

Get Free Summaries →

Free forever for up to 3 podcasts. No credit card required.