Masters or CFA,CAIA,FRM combo

“If you are truly a player in this field you wouldnt be on this board” How can I be a “player” aged 25? “Why are you getting the CFA if you have an MSc, isnt that “just overlap”.” Because my MSc is in International Relations and, anyway, it is firm policy. Everyone has it. And from your answers, I doubt we are playing in the same league, player.

Congratulations, I applaud you then, you are infact making moves. My mistake.

I am gonna go back to work.

Etienne Wrote: > > You can do all the certs you want, if it makes you > happy. Bottom-line: I probably have the job > you’re still chasing. wow, this guy just cannot read - must be dyslexic. still got his head stuck in the ‘chasing certs’ sands. we talk about learning, and this guy harps on about certs. pathological overconfidence bias, worst enemy of an investor. i know now how your MDs must have felt about you.

rohufish double that

I would take the Masters for sure. Membership to Augusta National… Setting the menu for the Champions dinner Tuesday night… Green Jacket…

Why wouldnt you just read a few textbooks on whatever in finance it is that you want to learn. There is some fantastic literature out there, and you wouldnt be wasting your time having to learn all the useless filler. I believe that it IS chasing certs. rohufish Wrote: ------------------------------------------------------- > Etienne Wrote: > > > > You can do all the certs you want, if it makes > you > > happy. Bottom-line: I probably have the job > > you’re still chasing. > > > wow, this guy just cannot read - must be dyslexic. > still got his head stuck in the ‘chasing certs’ > sands. we talk about learning, and this guy harps > on about certs. pathological overconfidence bias, > worst enemy of an investor. i know now how your > MDs must have felt about you.

there is this great 2x2 framework about learning (i forget who brought it to my notice, its not my own) knowing vs not knowing awareness of what you know vs being blind to your deficiencies the most dangerous box is the not knowing that you are blind about your deficiencies. many people in finance suffer this problem (also called overconfidence bias). to take the ‘read books’ approach, you need 1. discipline and persistence 2. you must know what your deficiencies are. this approach cannot help you with the blind spots. a well structured learning program (call it des cert deg whatever lights your candle) does. ok i am done w this topic.

yes rohufish that is correct, there are some people once they get their Masters in Financial Engineeing or Finance, they think they know how everything works, and remain"blind about their deficiencies" Unfortuntely, the finance world is full of egoistic pigs…

Guys, i have enrolled in all three this yeah. CAIA in September, FRM in Nov, CFA level1 in Dec. Any suggestions how should i start preparing. I work full time also. I would appreciate any suggestions. I have very little idea about how to start. Pls help.

rxgrove are you baiting…? Play nice now. And if you are serious, well then god help you.

rxgrove Wrote: ------------------------------------------------------- > Guys, > i have enrolled in all three this yeah. > CAIA in September, > FRM in Nov, > CFA level1 in Dec. > Any suggestions how should i start preparing. > I work full time also. > I would appreciate any suggestions. > I have very little idea about how to start. > Pls help. love it! Book three night at Holiday Express, the night before each exam and your set for sure. Speaking of which I am staying at one this weekend…for real!

mikebc1 Wrote: > And if you are serious, well then god help you. best post of the lot ROTFL

rxgrove Wrote: ------------------------------------------------------- > Guys, > i have enrolled in all three this yeah. > CAIA in September, > FRM in Nov, > CFA level1 in Dec. > Any suggestions how should i start preparing. > I work full time also. > I would appreciate any suggestions. > I have very little idea about how to start. > Pls help. That’s around 700-800 hours of studying. If this is real, you might be able to pass them all and not get fired if you find a way to study while you sleep…

lol ! what an idiot this etienne is. She/he is just trying SO HARD to come across as the FO BSD it’s apparent to me that she probably works as an assistant or something. Etienne Wrote: ------------------------------------------------------- > “If you are truly a player in this field you > wouldnt be on this board” > How can I be a “player” aged 25? > > “Why are you getting the CFA if you have an MSc, > isnt that “just overlap”.” > Because my MSc is in International Relations and, > anyway, it is firm policy. > Everyone has it. > > And from your answers, I doubt we are playing in > the same league, player.

charlesg Wrote: ------------------------------------------------------- > lol ! what an idiot this etienne is. > > She/he is just trying SO HARD to come across as > the FO BSD it’s apparent to me that she probably > works as an assistant or something. Etienne is probably an HEC-type. He probably despises the back office riffraff (think Jerome Kierviel) who couldn’t go to Henry IV. Maybe he didn’t crack the “Parisiennes” for his Msc and had to go to Lyon or something (or worse) and is trying to make up for it now. I know the French. I know his type. I lived in the 16th for 6 years. As much as Etienne thinks he’s an aristocrat, the truth is that true members of the upper crust do not have such all consuming disdain for the middle class. His attitude tells me that he must be a social upstart.

rohufish Wrote: ------------------------------------------------------- > Etienne Wrote: > > > > You can do all the certs you want, if it makes > you > > happy. Bottom-line: I probably have the job > > you’re still chasing. > > > wow, this guy just cannot read - must be dyslexic. > still got his head stuck in the ‘chasing certs’ > sands. we talk about learning, and this guy harps > on about certs. pathological overconfidence bias, > worst enemy of an investor. i know now how your > MDs must have felt about you. I third that (rohufish do I see you over at GD or Wilmott?) I never really feel compelled to respond or post on any internet forums but I really feel the need to set Etienne straight (if only for the benefit of the other members following this thread) Etienne, I fall nicely into your definition of a cert chaser – CFA CAIA FRM MBA with an eye for an MFE in the short future (and for you Canucks, also the DMS and CIM). I also read quite extensively about “finance” in general to complement my puny financial knowledge … I mean certs. However, I am not padding my resume to look for an entry level job. I am a director on a derivatives sales desk. I make enough money to easily afford the >$50k cost of an MFE. So I’m sorry, I do not want your job. And if I were looking for staff, I probably don’t want you neither. Humility is a virtue. Maybe I should start a certificate on that? :wink:

Nog possible ogs… people pursuing that certificate are automatically disqualified, that wouldn’t be modest :slight_smile:

ogs20 Wrote: ------------------------------------------------------- > rohufish Wrote: > -------------------------------------------------- > ----- > > Etienne Wrote: > > > > > > You can do all the certs you want, if it > makes > > you > > > happy. Bottom-line: I probably have the job > > > you’re still chasing. > > > > > > wow, this guy just cannot read - must be > dyslexic. > > still got his head stuck in the ‘chasing certs’ > > sands. we talk about learning, and this guy > harps > > on about certs. pathological overconfidence > bias, > > worst enemy of an investor. i know now how your > > MDs must have felt about you. > > I third that (rohufish do I see you over at GD or > Wilmott?) I never really feel compelled to respond > or post on any internet forums but I really feel > the need to set Etienne straight (if only for the > benefit of the other members following this > thread) > > Etienne, I fall nicely into your definition of a > cert chaser – CFA CAIA FRM MBA with an eye for an > MFE in the short future (and for you Canucks, also > the DMS and CIM). I also read quite extensively > about “finance” in general to complement my puny > financial knowledge … I mean certs. > > However, I am not padding my resume to look for an > entry level job. I am a director on a derivatives > sales desk. I make enough money to easily afford > the >$50k cost of an MFE. > > So I’m sorry, I do not want your job. And if I > were looking for staff, I probably don’t want you > neither. > > Humility is a virtue. Maybe I should start a > certificate on that? :wink: Was I talking to you about jobs? No. Do I care that you work in derivative sales? No. I was suggesting that Rohulfish, from his lousy dispensation of behavioural finance theory, was probably an aspirational-type, believing that hard work on theory will land him in FO. This started because I said that if you don’t have a top undergrad, you are probably not smart enough to absorb all the information. I then inferred that if you don’t have the intellect, you are probably better served through a) focus and b) learning about the real world (i.e. vocational over academic education). You seem to be late to this particular party, so the following may not apply, but from the passionate response, I would presume that the undergrad/intellect link (which I did qualify, incidently, as tenuous) hit a nerve with some people.

Danteshek Wrote: ------------------------------------------------------- > charlesg Wrote: > -------------------------------------------------- > ----- > > lol ! what an idiot this etienne is. > > > > She/he is just trying SO HARD to come across as > > the FO BSD it’s apparent to me that she > probably > > works as an assistant or something. > > Etienne is probably an HEC-type. He probably > despises the back office riffraff (think Jerome > Kierviel) who couldn’t go to Henry IV. Maybe he > didn’t crack the “Parisiennes” for his Msc and had > to go to Lyon or something (or worse) and is > trying to make up for it now. > > I know the French. I know his type. I lived in > the 16th for 6 years. As much as Etienne thinks > he’s an aristocrat, the truth is that true members > of the upper crust do not have such all consuming > disdain for the middle class. His attitude tells > me that he must be a social upstart. Not even close. The 16eme arrondissement was another world to what I knew as a wee lad. My disdain is thus not class-driven. Rather, 4 years as a student in stuffy British establishments left me frustrated at those that think the world can be neatly captured in (and understood through) books. My frustration boils over when the preacher-teacher sounds like he is in his 20s and doesn’t know s**t.