Did you hear? Jason passed CFA II with flying colors! The average person studies 300 hrs for these, and still the passing rate for level II this year was only 42%. Yuck. The test-takers say that level I is hard because its your first time, level II is hard because its just really hard, and level III is hard because you're burned out from studying for three years. (J plans on registering for level III next week. That means no family weddings on June 1st 2013, ok?!) Way to go, Idaho!