Record number of CFA's, too funny, and they are going to manage what?
Bulldog - Wed, Aug 21, 2019 - 09:30 PM
The losses they will 'manage' will be unprecedented. It's going to be epic. They have NO IDEA what they are walking into. Zero understanding of economics, zero understanding of the derivatives market distro, zero idea of fiat ponzi finance. Perfect timing.
Bulldog is correct: they should all throw away their certificates and demand their money back.
Rasputin - Thu, Aug 22, 2019 - 08:23 AM
Because, as I have repeatedly pointed out, both finance and economics have been turned upside down by the AlphaPigs and their insane Ponzi Monetary Schemes.
Let's see these CFAs plug NIRP into their HP 12Cs, and try to compute compound interest. That outta be a knee-slapper.
Or how about advising clients to "buy and hold" stawks and bawnds, when Algo-Igor-Robo bots are whipping in and out of positions in micro-seconds, often times front-running the trades of the GUMS? How is that gonna work out?
Bulldog is correct: these fools have no idea the amount of time and effort they just wasted, only to be rendered obsolete before they even start their careers.
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