Chartered F****in’ Analyst: Knowledge is a Problem

by Johnny Debacle

Direct quote from a CFA study guide book:

The primary factor leading to overconfidence in professionals is knowledge (education or experience) which leads them to think they know more than they think they do[.]

Those italics are from the book, not from us.

Take Away for the CFA Candidate: In order to get a CFA, one must keep in mind that knowledge, specifically derived from education or experience, is bad.

Recommendation: Short me, dude, short me right in the face.

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POSTED: 02/26/08 3:36 PM




Comments

  1. Sean
    February 26th, 2008 | 3:45 pm

    Let’s just go all out and short anyone who’s ever been to college and/or held a real job before.

  2. Meglatonk
    February 26th, 2008 | 5:12 pm

    Meglatonk rolls a 17 on his 24 sided di and longs himself and other LARPers.

  3. pirate vs squid
    February 26th, 2008 | 5:32 pm

    “which leads them to think they know more than they think they do”

    wtf??

  4. Johnny Debacle
    February 26th, 2008 | 6:08 pm

    Yep, that is what it says.

  5. Size
    February 26th, 2008 | 8:09 pm

    suddenly, I’m even less proud of my having the CFA designation (or however the heck you’re supposed to say it) than I was before.

  6. To The Hilt
    February 27th, 2008 | 9:38 am

    So glad I have to spend my weekends reading that crap.

  7. Andrew
    February 28th, 2008 | 9:39 am

    It was when they phoned me up at 8pm on New Year’s Eve asking me was I sure I wanted to let my membership lapse that I knew I’d made the right decision.





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