Was it the one where CFA vs MBA confessed he was white?
Well, finance is more exciting than accounting
/nods
Right on.
It was a thread complaining about modding not being tough enough if I remember corroctly. The irony.
That’s the one.
It must have been my last post on that thread that did it.
While this kid is extremely bitter and cynical (which is probably immediately flagged at interviews), there are elements of truth to what he’s saying (about finance in Toronto). There are many Charterholders and Passed L3s in this city and it won’t guarantee you even a job. The sexy finance in Toronto is a small population, everything else is corporate planning or swathes of BO wasteland. The number of really cool hardcore finance positions people think exist here is tiny on a per capita basis.
I’ve always heard that Toronto had more charterholders per capita in the world.
JBrowntown said this is true, and I agree with him.
When most people think of “high finance”, they think of Gordon Gecko and all the stuff they see on TV. They think of people holding clipboards and shouting “Buy!” and “Sell!” at the top of their lungs. They think of Armani, Patek Philippe, Rolls-Royce, spending winters in Vail and summers in the Hamptons.
In real life, the truth is that many CFA wannabes will end up being a commercial credit analyst for a local bank, or work in credit and collections for a big corporation. They will be paid less and have less career opportunities than their CPA cousins.
yea but no one respects CPAs
But if I have to choose between respect and money, I’d rather have money.
Spend 4 months for each level. 4 months of just moderate studying should be good enough if you are focused when you study and study smart.
The return is much more than the time spent regardless of what job you get right away. Cause the CFA designation last a life time or 25-30 years or so in career terms.
Any way you look at it, can’t be a waste of time. You waste more time jer**** off probably. = )
One more comment…
The rant and opinion from the OP can also be compared to the value of a University/College etc in some general sense. You can’t look at the immediate job or opportunities you get with a secordary degree. There is not comparison, education is a life long thing and the reward is also as such.
The OP is obviously very immature and ignorant to think that the CFA should reap him immediate reward if not it’s a waste of time.
only money u flaunt is when u partner it up.
greenman CFA, CPA or is it greenman CPA, CFA
Were you that little credit analyst Greenman?
That’s what the local stripper said.
I can’t really explain it… This thread has somehow motivated me more than anything else in the last six months. I can’t wait to destroy this exam.
Side note- I wonder where Mr. Bleach is today.
I sure hope you still find motivation after reading Bleach’s comment…
I still think a lot of what he/she said was true, portfolio management is tough to get in, much like any other well respected occupation, like doctors, each year tens of thousands of students want to become doctors within a given city, a thousand or less of them are actually smart enough, and only a couple hundred (or less) actually graduate each year and practice?
At least in the world of finance, if portfolio management doesn’t work out, you can go into equity research, commodity trading, FX trading, M&P, venture capital, private equity, etc… it’s not exactly a waste if you know how to use it.
I think you’re on crack rather than bleach
lol it’s funny though, unlimited . UNLIMITED. Samuel Jackson’s about to pop out and start saying unlimited over and over again like in that commercial.
bleach was a bitter loser that couldn’t pass the exams. End of story.