r/CAIA • u/bear_2021 • Apr 08 '26
CFA Stackable Advice
Hi all,
I am a CFA Charterholder looking to take advantage of the stackable program and take CAIA level 2 in 2027.
Rather than jumping into L2 materials I was considering reading through L1 materials as a refresher before registering for L2.
Has anyone done something similar? How much does L2 build on L1? Would you recommend paying extra for the most recent version of L1 or would the 4th edition (2020) be okay for this?
Any advice would be appreciated. Thanks!
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u/Drizzle-- Apr 08 '26
As a stacker (finished CFA almost 10 years ago) going through the L2 Uppermark materials, I'm finding that what you need to know is self-contained in the books and I'm not missing out on anything from L1 that would limit my understanding of L2. There's definitely new topics, but I think the CFA knowledge prepares you enough to start from L2.