Digital Assets: Bitcoin, Web 3.0, and DeFi. Value Creation in Private Equity, and Forecasting Returns. Chartered Alternative Investment Analyst (CAIA) CAIA Level 2 Study Materials: Schweser Notes
: Digital versions are typically available through the Kaplan Schweser App or VitalSource, allowing for offline study on mobile devices. 2. Practice: Active Learning
more critical than ever. The core of this "update story" is the CAIA Association's move toward independence and real-world application, which renders older PDFs and materials largely obsolete. Chartered Alternative Investment Analyst (CAIA) The 2026 "Independence" Update The most significant change for 2026 is the complete removal of CFA Institute ethical standards Fintelligents Proprietary Ethics : CAIA has introduced its own CAIA Ethical Principles
The information contained in this article is for general information purposes only and should not be considered investment or professional advice. Candidates should consult the CAIA program curriculum and other study materials, as well as a financial education professional, for specific guidance on preparing for the CAIA Level 2 exam.
Warning: Using an outdated PDF is worse than using no notes. You will memorize wrong formulas and miss entire new sections (e.g., the 2024 addition of “Tokenization of Real Assets”).