krokodilizm
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- Feb 12, 2016
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Except it doesn’t require a single bit of decision making. Just blunt stamina.
CFA Exams are too easy..
- Thread starter Dubinator
- Start date
- Thread starter
- #22
ttee22, I’m not arrogant, just saying my observation.
Charter is respected as long as standards to get it will be high enough, I know few guys who passed and whom I can really trust my money to manage, but thinking about other ones Im horrified And would never give them even 1 penny to invest
Long story short, now Its getting clear for me that not every CFA charterholder has same skills and abilities, which is kind of weird for me as I thought that CFA sets standard for all of us.
anyway its take it or leave it world where one can change nothing.
Charter is respected as long as standards to get it will be high enough, I know few guys who passed and whom I can really trust my money to manage, but thinking about other ones Im horrified And would never give them even 1 penny to invest
Long story short, now Its getting clear for me that not every CFA charterholder has same skills and abilities, which is kind of weird for me as I thought that CFA sets standard for all of us.
anyway its take it or leave it world where one can change nothing.
Dubinator, sounds like you are still a young kid. Think about the two ways your statement will be perceived
By the people who have passed : you are diminishing the effort they have put in to pass the exam.
By the people who have failed: basically you are telling these people that they are either dumb or didnt put in enough effort.
So think about the logical responses you would get before saying something, what benefit can you really get?
A lot of educational systems around the world teach a lot of this stuff in college and high school . This gives them a leg up in these exams however knowledge != wisdom. You are not getting the CFA charter without the 4 years of relevant experience, just remember that.
If you had at least rephrased your discussion around how you found the exam a little too easy and its consequential impact on the charter, this would have been a better post.
Just my $0.02
By the people who have passed : you are diminishing the effort they have put in to pass the exam.
By the people who have failed: basically you are telling these people that they are either dumb or didnt put in enough effort.
So think about the logical responses you would get before saying something, what benefit can you really get?
A lot of educational systems around the world teach a lot of this stuff in college and high school . This gives them a leg up in these exams however knowledge != wisdom. You are not getting the CFA charter without the 4 years of relevant experience, just remember that.
If you had at least rephrased your discussion around how you found the exam a little too easy and its consequential impact on the charter, this would have been a better post.
Just my $0.02
To paraphrase Glengary Glen Ross:
You’re such a hero, you’re so smart, how come you’re coming down here wasting your time with such a bunch of bums like us?
Seriously, my friend. I am sure there is just a slew of finance doctorates with your name written all over ‘em. I mean… if this is so easy for you, just go straight to the big time; that way you won’t have to spend your time denegrating folks that weren’t born with your unparalleled financial acumen.
You’re such a hero, you’re so smart, how come you’re coming down here wasting your time with such a bunch of bums like us?
Seriously, my friend. I am sure there is just a slew of finance doctorates with your name written all over ‘em. I mean… if this is so easy for you, just go straight to the big time; that way you won’t have to spend your time denegrating folks that weren’t born with your unparalleled financial acumen.
Would You Look
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- Jun 13, 2013
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You must be the oracle of money management I’ve heard so many things about!!!
Topperharley
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- Nov 25, 2013
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I know a decent amount of Charterholders and not one of them is a dumb***…they’re all pretty sharp in general and specifically in finance.
I also know some very bright people, in general and in finance, that couldn’t make it through all 3 levels. Or, at least, gave up before they made it through all three levels.
I don’t know one person who I consider to be a dumbass or incompetent in finance who has the Charter. Some dumb***** I know have tried but all have failed.
So…from my personal experience, getting the Charter is a pretty good indicator that you know your ***** in finance and are a hard worker.
I also know some very bright people, in general and in finance, that couldn’t make it through all 3 levels. Or, at least, gave up before they made it through all three levels.
I don’t know one person who I consider to be a dumbass or incompetent in finance who has the Charter. Some dumb***** I know have tried but all have failed.
So…from my personal experience, getting the Charter is a pretty good indicator that you know your ***** in finance and are a hard worker.
- Thread starter
- #29
Topperharley,
this is the point, one can be kind of Okay, skip material here and there - and still pass, its a big LOL if charterholder doesn’t know for example how to price basic derivative just because he skipped those topics and CFAI still let him pass.
Would you look, no im not oracle of money management but Im investing my time in something that has only reputational value which in long term will be destroyed by such pass rates.
this is the point, one can be kind of Okay, skip material here and there - and still pass, its a big LOL if charterholder doesn’t know for example how to price basic derivative just because he skipped those topics and CFAI still let him pass.
Would you look, no im not oracle of money management but Im investing my time in something that has only reputational value which in long term will be destroyed by such pass rates.
CEO10K-DAY
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- Sep 4, 2015
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That sounds a lot like the attitude of someone who celebrates other peoples failures. I’d hate working with you.