Comments on: The CFA 2006 Annual Report is Pretty Poopy http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm We dividend our ad money to you. Thu, 18 Mar 2010 16:35:58 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: V http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-87037 V Tue, 13 May 2008 18:34:23 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-87037 Don't hate on marketing it drives up sales to telling the drones, and the people in the bible belt (or anyone that does whatever they are told to do, or buy), what they should buy because that will make them cool. er, smart, whatever. <CFAer and Strategic Marketing Guru. I own you. Oh, and I also have a prep course I make $ off. Figure, like with MLM's, if you have a steady stream of people who are ready, willing, and able (see I'm like the army there, see? see?) might as well sell them something expensive. Don’t hate on marketing it drives up sales to telling the drones, and the people in the bible belt (or anyone that does whatever they are told to do, or buy), what they should buy because that will make them cool. er, smart, whatever.

<CFAer and Strategic Marketing Guru. I own you.

Oh, and I also have a prep course I make $ off. Figure, like with MLM’s, if you have a steady stream of people who are ready, willing, and able (see I’m like the army there, see? see?) might as well sell them something expensive.

]]> By: Peter http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-74610 Peter Sun, 10 Feb 2008 07:18:17 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-74610 Well the pictures ar defently made by the marketing department. If you have your CFA you don't need to understand and most certainly you don't want to understand that crap. Next semester I have marketing in my curriculum - wish me luck that I turn still ok afterward - I think a little "Marketing Mix" will make it a little easier to follow the illogical logic of marketing. Well the pictures ar defently made by the marketing department. If you have your CFA you don’t need to understand and most certainly you don’t want to understand that crap. Next semester I have marketing in my curriculum – wish me luck that I turn still ok afterward – I think a little “Marketing Mix” will make it a little easier to follow the illogical logic of marketing.

]]> By: Richard http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-68950 Richard Wed, 16 Jan 2008 14:36:04 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-68950 Tropico (good game) uses that right-to-left accounting in the year end reports. Does my head in. Tropico (good game) uses that right-to-left accounting in the year end reports. Does my head in.

]]> By: Cincinnatus_C http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-23151 Cincinnatus_C Wed, 18 Apr 2007 21:56:52 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-23151 to the left, to the left (private joke) to the left, to the left

(private joke)

]]> By: PairOfSox http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22586 PairOfSox Thu, 12 Apr 2007 18:25:04 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22586 Don't worry about the Chinese, I saw the CFA Institute building in Beijing last year. It's a world-wide scam. That's probably where the 50% more charterholders are coming from. You know, since they're so good at math and there's so many of them (I can say that cuz I am one). Don’t worry about the Chinese, I saw the CFA Institute building in Beijing last year.

It’s a world-wide scam.

That’s probably where the 50% more charterholders are coming from. You know, since they’re so good at math and there’s so many of them (I can say that cuz I am one).

]]> By: Johnny Debacle http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22514 Johnny Debacle Thu, 12 Apr 2007 02:03:41 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22514 A technique pulled straight from my quiver. You are a master of debating. A debating master. A technique pulled straight from my quiver. You are a master of debating. A debating master.

]]> By: Charlie McDanger http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22494 Charlie McDanger Wed, 11 Apr 2007 20:55:01 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22494 After you said, "You definitely want to see the most recent results first," I started going "LA LA LA LA LA LA!" really loudly. I'm just glad we're in agreement. After you said, “You definitely want to see the most recent results first,” I started going “LA LA LA LA LA LA!” really loudly. I’m just glad we’re in agreement.

]]> By: Poseidon http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22476 Poseidon Wed, 11 Apr 2007 19:09:56 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22476 Methinks I am in agreement with Johnny here. Do you ever read a chart with the most recent data first? Do you see Ibbotson's S&P 500 line graph starting with 2006 and working backward? Do you do a DCF starting with the current year? No, you don't because it is totally illogical. To top it off, CFA level 1 corpfin shows ex-post to ex-ante. Old to new is how it should be, thus endeth the sermon. Methinks I am in agreement with Johnny here. Do you ever read a chart with the most recent data first? Do you see Ibbotson’s S&P 500 line graph starting with 2006 and working backward? Do you do a DCF starting with the current year? No, you don’t because it is totally illogical. To top it off, CFA level 1 corpfin shows ex-post to ex-ante. Old to new is how it should be, thus endeth the sermon.

]]> By: Johnny Debacle http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22473 Johnny Debacle Wed, 11 Apr 2007 18:15:00 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22473 Dust to Musk! You definitely want to see the most recent results first, but you always want to be able to make sense of them quickly. If you spread the numbers yourself, have you ever done it most recent year first when you have had more than 2 years? If you were presenting a company as an investment to a third party, how would you present the numbers? Dust to Musk!

You definitely want to see the most recent results first, but you always want to be able to make sense of them quickly. If you spread the numbers yourself, have you ever done it most recent year first when you have had more than 2 years? If you were presenting a company as an investment to a third party, how would you present the numbers?

]]> By: McDanger http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22472 McDanger Wed, 11 Apr 2007 18:05:27 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22472 Ashes to ashes! I would submit that in both cases, the typical reader wants to see the important stuff (read: recent) first. It's a functionality question: If you're writing a traditional novel, you put the pieces in place sequentially. If you're writing the news, you start with the result, and then add the backstory. "A foolish consistency is the hobgoblin of small minds." -famous gay Irish dude Ashes to ashes! I would submit that in both cases, the typical reader wants to see the important stuff (read: recent) first.

It’s a functionality question: If you’re writing a traditional novel, you put the pieces in place sequentially. If you’re writing the news, you start with the result, and then add the backstory.

“A foolish consistency is the hobgoblin of small minds.” -famous gay Irish dude

]]> By: Johnny Debacle http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22470 Johnny Debacle Wed, 11 Apr 2007 17:39:23 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22470 Apples to oranges -- our current content doesn't benefit from the context of yesterday's content (although it does benefit from the context of the whole site, which is what we address with the sidebar on the * LEFT SIDE *). Financials are useless without context and happen sequentially. Apples to oranges — our current content doesn’t benefit from the context of yesterday’s content (although it does benefit from the context of the whole site, which is what we address with the sidebar on the * LEFT SIDE *). Financials are useless without context and happen sequentially.

]]> By: Charlie McDanger http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22467 Charlie McDanger Wed, 11 Apr 2007 16:45:15 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22467 Here's another doozy: the guys over longorshortcapital have taken to putting their most recent posts--get this--at the TOP of the page. Now I don't know about you, but where I come from, we read from top to bottom. So do most human beings. Almost every writing in the history of mankind goes top to bottom, starting with the earliest entry on the top and ending with the latest entry on the bottom. But I plagiarize. Another thought: perhaps the CFA monkeys recognize that right-to-left accounting will come in handy when the Chinese take over... Here’s another doozy: the guys over longorshortcapital have taken to putting their most recent posts–get this–at the TOP of the page.

Now I don’t know about you, but where I come from, we read from top to bottom. So do most human beings. Almost every writing in the history of mankind goes top to bottom, starting with the earliest entry on the top and ending with the latest entry on the bottom.

But I plagiarize. Another thought: perhaps the CFA monkeys recognize that right-to-left accounting will come in handy when the Chinese take over…

]]> By: Johnny Debacle http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22404 Johnny Debacle Wed, 11 Apr 2007 14:28:45 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22404 10-Qs and 10-Ks -- Is that where Capital IQ gets its information and lays it out earliest on the left most recent on the right? I wonder why it does that??? Everyone doing it doesn't make it any less illogical. 10-Qs and 10-Ks — Is that where Capital IQ gets its information and lays it out earliest on the left most recent on the right? I wonder why it does that???

Everyone doing it doesn’t make it any less illogical.

]]> By: Andy http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22400 Andy Wed, 11 Apr 2007 14:10:26 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22400 has the author of this article ever heard of something called a 10-K or a 10-Q, or an annual report for that matter? the columns are ALWAYS in most recent on the left. those that can, analyze. those that can't, write financial blogs. I do agree 100% on the waste of my dues every year, what a scam. has the author of this article ever heard of something called a 10-K or a 10-Q, or an annual report for that matter? the columns are ALWAYS in most recent on the left.

those that can, analyze.
those that can’t, write financial blogs.

I do agree 100% on the waste of my dues every year, what a scam.

]]> By: backwardation http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22394 backwardation Wed, 11 Apr 2007 14:00:22 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22394 im so far behind on my studying.. lvl 2 could be a close one im so far behind on my studying.. lvl 2 could be a close one

]]> By: contango http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22346 contango Wed, 11 Apr 2007 03:27:24 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22346 LOL at some of the CFA posts back in the archives here and wanted to recommend a book - Traders, Guns, and Money, by Satyajit Das Published in 2006 and it is the Fear and Loathing of structured products. Good luck in June. LOL at some of the CFA posts back in the archives here and wanted to recommend a book -

Traders, Guns, and Money, by Satyajit Das

Published in 2006 and it is the Fear and Loathing of structured products.

Good luck in June.

]]> By: NYT Junkie http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22329 NYT Junkie Tue, 10 Apr 2007 21:40:03 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22329 Those that can, analyze. Those that can't, work for the CFA Institute. Useless morons... Those that can, analyze. Those that can’t, work for the CFA Institute. Useless morons…

]]> By: J http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22327 J Tue, 10 Apr 2007 21:32:12 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22327 if think MSFT does their shit that way too if think MSFT does their shit that way too

]]> By: DealBreaker.com http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22325 DealBreaker.com Tue, 10 Apr 2007 21:30:20 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22325 <strong>Write-Offs: 4.10.07...</strong> $$$ Debating the merits and demerits of Mergers & Acquistions. [Gawker] $$$ CFA Institute is no better at data presentation than CFAs. [Long or Short Capital] $$$ Overstock’s Jawa’s vandalizing Wikipedia [Gary Weiss] $$$ That Campbell girl is getti... Write-Offs: 4.10.07…

$$$ Debating the merits and demerits of Mergers & Acquistions. [Gawker] $$$ CFA Institute is no better at data presentation than CFAs. [Long or Short Capital] $$$ Overstock’s Jawa’s vandalizing Wikipedia [Gary Weiss] $$$ That Campbell girl is getti…

]]> By: Johnny Debacle http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22321 Johnny Debacle Tue, 10 Apr 2007 20:47:59 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22321 They have also added 50% more charterholders in the last 5 years. They should probably make the test even harder. They have also added 50% more charterholders in the last 5 years. They should probably make the test even harder.

]]> By: Texas Hedge http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22313 Texas Hedge Tue, 10 Apr 2007 20:13:06 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22313 Uggghhh...someone want to sit and take level 2 for me in June? Uggghhh…someone want to sit and take level 2 for me in June?

]]> By: PairOfSox http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm/comment-page-1#comment-22310 PairOfSox Tue, 10 Apr 2007 19:42:28 +0000 http://longorshortcapital.com/the-cfa-2006-annual-report-is-pretty-poopy.htm#comment-22310 The CFA institute is one of the biggest money making schemes ever. That's why the test keeps getting harder, so more people fail and have to take it again if they want their precious designation. The CFA institute is one of the biggest money making schemes ever. That’s why the test keeps getting harder, so more people fail and have to take it again if they want their precious designation.

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