WTF is a Gilt Strip? Congrats on taking the CFA Exam Level X

by Johnny Debacle

To all those who have been released from the bonds of merit badge exam taking, most of you only temporarily, I salute you. Know that the knowledge which you learned, from Durbin-Watson test statistics to swaptions to neoclassical growth theory, will never in your life ever again be useful to you nor advance you on your quest to spread your seed (or eggs) as wide and far as you can. Welcome, to the day after yesterday, which is one day closer to the day when you can declare “I can and will guarantee superior future returns because I, am a CFA Charterholder.”

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