My point exactly. You need to head back to your peers on the short bus.
Ok, then I’ll take a stab at desciphering your poor grammar and incoherent fragments that look like something a Beiber tweet. Guess buyside analysts with 760 GMAT can’t fathom your incredible intellect.
“and lol @ those who can’t do teach.”
Prove me wrong. If markets are so efficient (rolling labor markets in here), maybe finance professors can explain to me why they make a fraction of the amount of fund managers.
“You are in way over your head here, lol@ Buffet.”
How? I was making the point that academic research is not reflective of reality given the results he and other top outliers deliver in the real world and should be taken with a grain of salt. If you disagree feel free to make a point that doesn’t involve a twitter handle.
"I sincerely hope you never run into a professor telling you troughs of food are a figment of your imagination. "
Because that would mean I would question it as I was doing in my first post?? This makes no sense whatsoever.
This is how you end an argument, homes.
FHG ain’t nothing to f— with!!!
awww jeez this is rich haahhahahhaah
referencing gmat scores now. i love it
grabs popcorn …
Warren Buffet ftw
sometimes ya just gotta go with the all-you-can-eat style of investing
Ignore the fact his mentor was Benjamin Grahamcracker
Just FYI–Warren BUFFETT. Two F’s, two T’s.
hmmm are you sure? Did YOU score a 760 on the GMAT?!
i think im gonna listen to the badass BSD analyst and call him Buffet
meh, point still stands.
not at all. gtfo clownshoes.
If you do something like that and then give it to a doctor and tell them it’s a chart of blood oxygenation, the doctor will likely tell you all sorts of things that it indicates and also be completely wrong, because the chart was generated randomly and presented under false pretenses. That doesn’t mean the doctor is useless when you actually have a real hypoxic problem.
When companies lie to you about their prospects, or cook their books to show made-up data, that doesn’t mean that fundamental analysis is bullsh!t and has no use in investing. It just means someone lied to you and you weren’t able to detect it.
Thanks Chad. Basically the point I was trying to make with the Enron example. If the data is generated as a false representation it doesn’t mean follow on analytics are the fault.
I think the issue is that there is trading, which is tactical, but can be done systematically, and then there is investing, which has a long term horizon, and tends to be focused on buying things that are cheap relative to some concept of intrinsic value and selling things that are expensive relative to the same.
Technical analysis doesn’t necessarily pay attention to intrinsic value (though there are forms of technical analysis that look at things like the behavior of PE rather than the behavior of price, and that has at least some type of fundamental information embedded in it). If something is a buy from a traditional fundamental perspective, the realization of those profits has a long enough time horizon that most day-to-day price fluctuations aren’t going to make a huge difference in the final result, so a PM’s time may be better spent on researching the next fundamental opportunity rather than trying to time the entrance and exit with technical indicators.
When you use technical analysis, you typically have a much shorter time horizon, so fundamentals don’t matter as much, because most fundamentals change fairly slowly over time, barring things like mergers, natural disasters and geopolitical events. What people who bash technical analysis often forget is that the charting side of things is only a part of a trading system. The risk controls and money management/position sizing are just as important and perhaps more so.
People who trade single stocks or single currency pairs using technical rules are people playing with sparks and dynamite, because to make measurable profits requires dialing up the risk to ridiculous levels that you are almost assured to blow up after a while. But if one has a more diversified basket of trades and time frames (some daily, some weekly, some monthly), not too much levered on any one bet, and good money management rules regarding pulling the plug quickly when a technical trade thesis doesn’t work, technical trading systems are not as ridiculous as either the CFA curriculum or the fundamentalists here like to paint them.
This from the lardass that ran a >4 hour marathon and then went to the internet to brag about it as a 2014 achievement.
Finishing a marathon, regardless of the amount of time it takes, is quite an accomplishment. I’ve never done it.
Fair enough. Congrats on narrowly edging out Oprah’s time. Please continue to congratulate yourself.
I never ran a marathon or took the GMAT…dang such a loser. stoopid, stoopid, stoopid.
Don’t worry, my man has training pointers for ya
you have got to be kidding me 
dude is ripping on my marathon time?! This is amazing.