CFA

jfk_sfa

I was invested through the dotcom bubble so it wasn't my first dip. It didn't feel like anything for me. It was wild to see Lehman go under in real time but it didn't impact me any way whatsoever fortunately. Our business was impacted in 2009 with a 25% dip over 2008. There were some layoffs but honestly, nothing too far outside of what needed to be cut anyways. Things were stable in 2010 and fully bounced back in 2011. I'm still at the same company as I was in then. Investment banking. CFA Charterholder since 2008 coincidentally.

surfoverwall

Wrong, because : New. 5/6/2025.. Please check "X" Hedgeye posted yesterday : [Andrew Freedman, CFA 🦅 on X: "\*SHORT $RDDT 40% DOWNSIDE" / X https://x.com/HedgeyeComm/status/1919759365638140388](https://x.com/HedgeyeComm/status/1919759365638140388)

surfoverwall

New. 5/6/2025.. Please check "X" Hedgeye posted yesterday : [Andrew Freedman, CFA 🦅 on X: "\*SHORT $RDDT 40% DOWNSIDE" / X ](https://x.com/HedgeyeComm/status/1919759365638140388) [https://x.com/HedgeyeComm/status/1919759365638140388](https://x.com/HedgeyeComm/status/1919759365638140388)

jfk_sfa

BBA in finance, MBA with a concentration in financial analysis, CFA charterholder since 2008.

InverseTheReverse

When’s the last time you raw dogged a Chick-fil-A nuggets with no CFA sauce

thanatos0320

Finance degree, CFA, finance career, several finance relates books, and several primers about different sectors.

acogs53

I will go to Chick-fil-A every time over McD’s. Why go there when it’s easily $30 for an adult and two kids? No thanks. At CFA, the app and rewards are actually great. I can often get a free meal for my toddler with my reward points (I order 12 count nugget meal with large fry and he gets a 5 count nugget of his own, we split fries).

ChoiceMarch5246

Deposit 10% of each loss into a separate account as a ‘tuition fund’ and force yourself to take the CMT/CFA system when the fund reaches 50% of your current account's net worth. The essence of trading is a probability game, and the difference between a top trader and an ordinary person is that the former uses algorithms to tame emotions, and the latter uses emotions to destroy algorithms.

wa_ga_du_gu

Last year a Door dash from CFA accidentally got dropped at my house. I looked inside the one bag and it was like $60 plus whatever delivery charge it was I called the number on the receipt, and she came and picked it up 2 hours later 

DocHollidaysPistols

> I doubt Chick-fil-A has this problem, but I’ve been wrong before. My son works at a CFA. They seem to have so many more people working there than a typical McDonalds or Wendys.

moldy912

CFA service has gotten worse. They are getting orders wrong when they used to never do that, they used to have your food ready in less than 1 minute, now it can take 5-10 minutes for a chicken sandwich, and I’ve noticed they’re hiring more people that aren’t as bought into the “my pleasure” culture, which as silly as it sounds, is super refreshing and makes me want to come back, but I’m getting that less and less. They are at least doing more seasonal and experimental menu items.

EnrichedSarcophagous

Not sure why you’re being downvoted, everything you said is correct from my experience. Nearly every time I walk in to get my food and then come back out, i’ll see the same cars waiting in the drive thru that I saw when I initially parked. It’s kinda funny cus they have to watch me arrive, get my food, and leave, all while they wait for the car in front of them to choose a soda. Also, when you use the app you get much better deals and you can put together 1000+ calorie meals for $3, i’ve been doing this for a while now and the prices make me feel like i’m back in 2010. Below text wall is just a vent: I can’t stand McDicks and CFA mandatory wait times so they don’t start your order until you get there. The ENTIRE point of ordering ahead is so you don’t have to wait, so I try to remember to hit “already here” on the app when still driving but sometimes I forget and have to wait 15 minutes for food I ordered 30 minutes ago, absolutely ridiculous. I get that they implemented it because of those dullards that can’t time anything and show up super late, but why should those with basic time management skills pay the price for stupidity? They should just have a rule where they throw out your food 30 minutes after ready, and if you have a real reason why you can’t be there by then, then you just call the restaurant and let them know you’ll be late or do a refund. If we didn’t build safeguards for these people they would show up 30 minutes late and get cold food or no food, and maybe then think about why and what they can do differently next time 🤯🤯

ShrekssToilet

You also forgot the fact he was a licensed CFA and worked in the industry, not just some random bloke

Vast-Mud3009

If all you order is black coffee with cream you should try CFA. It’s pretty good there too and faster

ajeskimo

I am literally mocking these people and i don’t have sophisticated anywhere in my comment, I wrote quantitative analyst which is just a numbers guy, it could be a sophisticated or absolute braindead person it’s just professionals are normally very well educated and by a sense sophisticated. Tod from Walmart could write one up and it’d be quantitative analysis if he could show you his work to how he came to a decision using numbers only and historical data. Normally people don’t do it by hand anymore. For excel im saying a spreadsheet with CFA Lvl 3 or hedge fund analyst level equations being utilized and you inserting into cells, it could be made by a close friend and utilized hence a general sheet since you could not make it theoretically. (And no not one from work, one made in free time) but that’d be super rare

jfk_sfa

You have the most valuable asset in the world, time. You don't need to get to tricky with what you do. Max out your tax advantage accounts, diversify, keep your spending in check. It's honestly extremely simple. Source: BBA in Finance, MBA with a concentration in Financial Analysis, CFA Charterholder since 2008.

Lumpy_Taste3418

This is still a parimutuel betting system; the roulette analogy is apt to describe that, not a "50:50." If we sum up the probability distribution curves by direction, it is close to "50:50" in the short term. It isn't "50:50" long term, which is why the vast majority of the short-term concerns are massive distraction and bullshit. Warren Buffett must not have significant money, or your representation is false. I'm going to take door #2 on that one. A hedge put together by someone who understands markets, risk, duration, probability curves, real rates, nominal rates, ROI, ROA, ROE, etc., can increase probabilities in their favor. This is Reddit; they are spouting "Chicken Little" concerns. That isn't CFA/PhD in finance, that is Chad, who thinks that 280k in an account is a "large position." He isn't hedging but rationalizing his speculation, motivated by fear.

omigula

get a CFA and work for JPM or WFC in PWM. you can continue being a degenerate, but still earn a commission on losing you and your client’s money

poorat8686

All of that is fake nonsense made to keep you a slave to the machine. If you need tips just ask me, I turned 5000 into 100,000 and then ended the year down 30k because I needed the pain to keep my focused. We’ll go to the woods to push ourselves to the absolute limits physically and sexually. I bet your CFA doesn’t teach you THAT.

Initial_Somewhere_67

Asked my CFA friend why are the futures pushing up on China saying no talks were made. He has no idea as well 

AndreLinoge55

I did Equity Analysis at a large bank and managed a long only discretionary portfolio for some clients. We had great risk-adjusted returns but it was a ‘boring/slow money’ type portfolio. A few years in I did the first two levels of the CFA and always considered myself knowledgable when it came to investing. Fast forward years later and man investing is to trading what car is to carpet, different fucking planets. Like damn I do I not know shit about short term trading lol. I guess I can’t DCF model my way into a winning options strategy on the day to day. Anyone want to adopt a boring ass fundamental analyst as a trading mentee?

stonkDonkolous

Most fast food absolutely sucks now. Even CFA quality is down a ton from a few years ago and the fries are barely edible now. Everything is overpriced and lower quality crap of smaller portions

captain_ahabb

I never got the hype with CFA. The sandwich is mid.

franker555

I am bearish on tesla for earnings- but sold my TSLQ today at highs for a 20% gain. Theres a chance ill buy some more tomorrow if Tesla goes green, but honestly expect earnings to be manipulated in some way. I don’t trust it. Elon was golfing with 🥭yesterday lol. I’m no CFA but i would sell your puts and buy TSLQ to lower some risk. Im guessing your puts are looking good rn anyways. In terms of the rest of the week, i usually look day by day. I look for big recent insider buying. Cant believe i missed CATY. Ill let you know if i find any good plays.

sovlex

If you like what you read and decide to be serious about it, i mean really serious, then stop assorted reading it wont give you system knowledge ie it all will be in wain. Go straight to CFA Institute and study Level One. It will completely erase a year from your life but there is no better foundation you will get anywhere.

SuburbanPat

Now you can register for Level 4 of CFA

Subtotal9_guy

I was at a Toronto CFA luncheon 20 years ago where the panel speakers were arguing that North America would run out of natural gas and we'd be importing LNG in 20 years.

arbitrageME

the flip side is: Learn fundamental and foundational knowledge. take a CFA course, [learn stochastic calculus](https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X), learn data science, [machine learning](https://www.amazon.com/dp/1119482089?ref_=ppx_hzsearch_conn_dt_b_fed_asin_title_1), read [white papers](https://www.sfu.ca/~poitras/419_VIX.pdf) and find or calculate the edge yourself. only you know and only you are responsible for knowing everything inside and out.

SpecialistB

CFA from YouTube

Fluck_Me_Up

Ah yes, the classic “it’s just a research tool” defense—bro typed like he fed ChatGPT a prompt that read: > “Write a Reddit comment in the voice of a risk-averse CFA who’s afraid of volatility and women.” Your post reads like it was generated by GPT-Financialized, fine-tuned on a mix of SeekingAlpha blurbs, failed crypto whitepapers, and the ambient sound of CNBC. Did it clean up your writing? Sure. Did it think for you? Absolutely. That thing’s got your brain in a liquidity trap and you’re out here calling it “efficient market hypothesis.” Meanwhile, I’m over here raw-dogging the keyboard like a real degenerate, down 40% on SPY weeklies but spiritually rich. (I think chatgpt just called you a bitch)

Affectionate-Day2743

I hope CFA never goes public because I fear their quality would go way down. by being private they can be more selective and not sell out for the sake of boosting market cap

Affectionate-Day2743

chick fil a is absolutely demolishing wendy's in markets where they both compete (metropolitan areas). wendy's does venture out to smaller towns though where CFA isn't going to bother.

Tkdoom

So...200 cars an hour..thats 1 car less then every 20". Every CFA I have been to is slower than a jack in the box. So...please explain.

Antique-Resort6160

Yes, absolutely, doesn't France lead the world in % of nuclear power? They actually export electricity to other countries.   The reason being, they were getting uranium for a tiny fraction of its real value from their former colonizers, thanks to quisling governments.  They were still de factor under french control.  Now they are expelled, France has taken an enormous blow as they can't impose their colonial francs (they provided paper CFA francs in exchange for 50% of the face value in gold) and they can't basically steal uranium and other resources from the Sahel region.

Peace_and_Rhythm

So your first meeting is primarily about getting to know the advisor, understanding their approach, and determining if they are a good fit for you. **Qualifications:** What are your credentials and certifications (e.g., CFP®, CFA, ChFC)? What is your area of specialization or expertise (e.g., retirement planning, investment management, estate planning)? Are you a fiduciary? (This is crucial. A fiduciary is legally obligated to act in your best financial interest.) **About their services:** How do you develop financial plans and investment strategies? How will you keep me informed about the performance of my investments and the progress of my plan? What is your investment philosophy? Are you a passive, active, or hybrid manager? **About fees and compensation:** How are you compensated? (Fee-only, commission-based, or a combination?) If fee-only, what is your fee structure (e.g., percentage of assets under management, hourly rate, flat fee)? Can you provide a clear explanation of all fees? If commission-based, how do you earn commissions? What potential conflicts of interest might arise from this compensation structure? Can you provide an estimate of the fees I can expect to pay based on my situation? Determine if you feel comfortable with the advisor's communication style, personality, and overall approach. Do you feel they listen to you and understand your needs? Gauge their knowledge and experience in areas relevant to your financial goals. Clearly understand if they are a fiduciary and how they are paid to identify potential conflicts of interest. Understand what the advisor proposes as the next steps in the process if you decide to work with them. This might involve a more in-depth data gathering session or a preliminary plan. Collect enough information to decide whether you want to move forward with this particular advisor. You are not obligated to sign anything or make any commitments during the first meeting. Ask your advisor about the security measures Right Capital employs to protect your data. This should include encryption (both in transit and at rest), multi-factor authentication, and regular security audits. Inquire about Right Capital's and the advisor's firm's data privacy policies. How is your data used, stored, and shared? Understand the level of access your advisor will have to your accounts through Right Capital. Will they have view-only access or the ability to initiate transactions (they generally should *not* have the ability to initiate transactions without your explicit consent outside of the platform)? Hopefully I've provided some information you can use. Good luck!

summerloverrrr

Not sure how many of you guys know but CFA does some cool stuff with tech to manage their operations [cs guys check this out](https://youtu.be/W1HKFIb_2hs?si=BFT4SwOYIA3jK6T9)

AdSuspicious8005

The $6.99 promo codes for Subway smash getting a single CFA sandwich to pieces.

heyredditaddict

Fellow CFA guy here. Your risk management approach needs work. When risk is rising, you need to shorten your duration on the put contracts, not lengthen them like you did. You’re showing some characteristics of loss aversion, meaning you are trying to not acknowledge the loss by rolling for higher and higher premiums. Keep that up and you’ll blow up. We’re in a Black Swan event and you need to accept losses when they happen and have some mechanism to reduce risk when your strike prices get hit.

hgreenblatt

For a CFA, you are not telling us much info, just how you feel. So you have 150k in Spy. So how much BP do you get, I will guess only 50% which is 75k . Trouble is your 150k in Spy dropped in value. I will guess you had 250 shares valued at 150k at 612 per share. Shares at 480, so 120k, half 60k . So your 75k BP fell to 60k BP. I am pretty sure your BP per option hit 10k or more. Assignment would have been way better , but when they closed you out you were hit with all the extrinsic value (theta). So your problem was your BP was in Spy , if it had been in Sgov you would have been fine , but you got a double whammy, Spy Puts BP doubled while your BP went down. The rule is have the same amount of BP in reserve as the original option requires. You would have know this if you followed Tastylive. I do not think you got decent advice from IB. That said I totally agree with your outlook of selling Puts. Tune in Tastylive everything is recorded and free. Here is a sample. [https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020](https://www.tastylive.com/shows/tasty-extras/episodes/a-refresher-on-bpr-06-29-2020) A Refresher on BPR Jun 29, 2020 [https://ontt.tv/3jAf4Ba](https://ontt.tv/3jAf4Ba) Buying Power Factors Oct 28, 2020 [https://ontt.tv/2CLbOjn](https://ontt.tv/2CLbOjn) What Affects Buying Power? Nov 14, 2019 [https://ontt.tv/JeGVN](https://ontt.tv/JeGVN) Short Puts vs Covered Calls vs Poor Mans Covered Call Jul 9,2024

MasterGerund

Yes you're right. I wasn't trying to actually do the math but to point to a better understanding of the risks. He needs to start from target risk and then back into position size. With a CFA he should be able to do that.

julie78787

There’s religious holidays coming up for the Chick-Fil-A crowd. Wait for after the end of Lent before using CFA as a market signal. Also, my most recent vacation trip confirmed the economy is toast. My regularly full hotel is half-booked. Rental car lots are full. “This flight is completely full” flight had multiple open seats. Ignore the CFA Index. Go on vacation and see how many other regards are out there checkout the Travel Services Index. Next trip I wear my WSB hoodie from The Great GME Squeeze debacle. Wave to me.

Derp_El_Grande

Used to live in a town with only one CFA and worked delivery so I was in and out of that CFA multiple times a day. It absolutely seemed busier in the morning and at lunchtime than it was at night. Sometimes at night tho they would get an absolutely crazy line at the drive through when I was trying to get food for myself and didn't wanna go inside lol

bobdole145

there's two CFA by me in reasonably busy districts (hospitals, mega-commercial, residential) that are absolutely dead at almost every hour of the day now. I used to plan ahead by ordering on the app and triggering it that I was "there" when I was 5-8 minutes out to game it, now it doesnt even matter I can roll up to the drivethrough with zero queue and no one inside.

mkwb80

Is it spring break in your town? Families are probably a lot of the CFA Saturday dinner crowd. They may be at the beach or at Disney.

seifer__420

I was 100% sure this post was going to be due ur… calls on CFA

slinkysmooth

CFA makes shitty chicken sandwiches. I don’t understand the love for them quite honestly

PeaceAlien

Market going to see this post and CFA will fall /s

Narezza

Just as a counterpoint, I went to CFA yesterday and all three drive through lanes were packed. They even changed their recipes in the last 6-8 months, and the food is less good, but still packed

JanitorOPplznerf

Used to manage a CFA. Our location was near a school so we were a top 5 store for lunch and a top 20 store for breakfast. 200 cars per hour was a light day for us and we set multiple franchise sales records. Anyway we were DEAD in the evenings and Saturdays especially. A top 20% CFA is clearing $12 million $14 million a year. One slow shift does not move the needle and you’d need many more indicators to notice if a branch was failing. Point is don’t take investing advice from Wall Street Bets because these idiots don’t know what they’re talking about.

JanitorOPplznerf

Used to manage a CFA. Our location was near a school so we were a top 5 store for lunch and a top 20 store for breakfast. 200 cars per hour was a light day for us. Anyway we were DEAD in the evenings and Saturdays especially. Point is don’t take investing advice from Wall Street Bets because these idiots don’t know what they’re talking about.

muneymanaging92

Yea well to be fair they’re actually busier during lunch time (know an Operator of 2 CFA franchises)

SpaceDetective

That's what their bond holders are doing anyway as this CFA lecturer explains: [Microstrategy's real game is gamma(volatility) not delta(price)](https://www.youtube.com/watch?v=j_6URnhtQ2U&t=202)

bogeyT

People were screaming at you to buy on Friday and you all downvoted them into oblivion cause you are scared and hate trump. I’m a CFA with a fortune 100 company, I deal with over 1.5mil in investments between all my clients and I keep a small book. I and was getting bombared by people in my DM’s all weekend calling me a moron. I got to call my clients who bought on Friday per my recommendation and congratulate them on a 10% return on their investment in 4 days. Something that usually takes a year+ to do. Who’s the fucking moron now?

bogeyT

The problem is real CPA’s/CFA’s/ and other financial professionals were in here all last week telling everyone to stay calm and buy if they could and they got downvoted into oblivion by people who don’t know any better but are scared so they are louder. Source? I’m a CFA who was downvoted for telling people to buy Friday. Yall are idiots.

nutslikeafox

I think you should invest in a tool that can make you money, for example a lawn mower. Or a certification that will help you get higher income in your career (for example CFA). Or buy a car and use it to generate income (Uber eats or other) then invest the earnings

Illustrious_Oil9587

U r an economic 88 arent u... no M7MBA CFA accusatiin with you hub.... US is deficit country this max leversge... lol 1/5 of our exports purchased by china look at inverse ratio...... back to the slots hub bwuddy... yeah the IV levels of that vertical call spread on pdd... looks appetizing at support levels... your welcome savant

RIP_Soulja_Slim

There’s nothing that does lol. I’m not sure what difference you think you’re making but it doesn’t exist in law or practice. I’ll say it over and over, as a fiduciary, as a CFP and a CFA charterholder, the fiduciary standard is not a big deal and exists in effectively the same structure everywhere in finance.

loudshorts

Valid point on the commentators. I agree. He said CFA chartered financial analyst. Not CPA. Big difference. I wouldn't trust my CPA with investment analysis. The overall loss to the economy, pensions, and people's retirement is gross.

LongTheCramer

I work with about 4 people in my smaller team, along with many more in my greater LOB that hold the CFA charter. Haven’t remotely found what you’ve said to be the case. No such thing as “having” a CFA btw

miker53

No the people who have CFA’s tend to be assholes. If you work in the business you would know.

miker53

CFA stands for Certified Fucking Asshole.

Dangerous-Sink6574

I have 3 friends that are all CFA’s and I’m confounded by how happy they are about all of this. They’re seeing it from just a narrow, micro view of the market thinking about how to get rich off this that they don’t even see the immense loss of economic soft power and leverage this country had. It blows my mind. I’m not the stupid one here, right? This IS a bad thing?

mrhappyfunz

I’m sure all CFA charter dorks will enjoy this https://youtu.be/RTMTXtYaQX4?si=3bfR1mpGRKcBEMYm

Col_Angus999

I’m old. I’m a CFA/cfp. I’m an index guy. Congrats to you. Take some profit from your 2x vix and buy vt. Every time you make a profitable trade park half or a third in vt. For you. I hope you keep making trading profits. But keep DCAing into vt too. Good luck.

Significant_Ad_4063

Many people in Finance are dumb af, even seen CFA’s say some of the dumbest stuff, I’m in the industry so I unfortunately have first hand exposure to it

theknowndudereturns

throwing my CFA designation down the gutter, fuck that

Biuku

This is a funny thing to write. Go back through my history… caught in the Arab Spring on a vacation with my kids. Writing the CFA exams. I guess it’s important to not reduce the world to good guys and bad guys. You’ve come across a little foolish here. Actually, I take that back. I’m going to bet you’re not capable of discerning reality and will label a Chinese agent or something again. Maybe because it’s hard to understand that it’s no longer China trying to destroy the US. It’s everybody on earth.

Madesofspades

I run multi-asset portfolios for endowments, foundations, and pensions. CFA charterholder.

ASaneDude

About 65% in cash rn. Because I’m a CFA charterholder, an FRM, and these are my 5-year returns versus the market: https://www.reddit.com/u/ASaneDude/s/vBUFiwconZ If I miss 10%, oh well. I’m still crushing the market.

Kick_Natherina

Please give us a synopsis on what these indicators show. Let’s see your CFA license in action.

behannrp

Ngl my financial advisor is a CPA, CFA, and estate planner lol

Hot_Frosting_7101

Well I will have to apologize a bit because I read that as CPA instead of CFA.

pecopls

Why don't you phrase it differently rather than trying to gate keep? I literally have a CFA, so I doubt that business acumen is the problem. I asked several AI software to interpret what you wrote and they came back with the same interpretation as my own.

Sad_Chest1484

I’m a buy side analyst with a CFA and nearly 10 years of experience. I could right now post an elaborate analysis on why Reddit is worth owning and I’ll be downvoted to smithereens.

Illustrious_Oil9587

Liberal Ignorance what is your economic education are you M7 MBA of CFA;;;;????

WestCoastBestCoast01

My CFA program actually just covered this recently. Time-series anomalies for market pricing has been studied, and while they might have been noticeable in the short term, they never persist because they get arbitraged away whenever they’re noticed. Stuff like the “January effect”, turn of the month, holidays, weekends, etc. Retirement contributions will have even less of an effect because pay schedules are different. I’ve personally had every other week, twice a month, 15th and 30th, and once a month pay schedules just in my own various jobs.

drinksomewhisky

Then why invest at all? I see you recently took your L3 CFA. Wishing you luck on passing it. It seems like you’re smart enough to study/take the exam, but seem to be out of touch on how finance works in the real world. Past performance is the main indicator for future returns/projections in the real world coupled with industry and economic outlook/indicators. The current situation is causing uncertainty which is evident in the markets today. But I don’t think people are expecting a situation like the falling of the Roman Empire. To your point, yes, the economy should grow (and should every company you invest in for that matter). This is a core premise when it comes to investing. The closest second world power China currently has an aging population problem -due to their prior one child per family policy- with most of their youth also not contributing to social security, which is leading to less productivity and on track for more poverty. Most are sick of US politics and think the grass is greener on the other side. I don’t blame anyone for being sick of it but other world powers have bigger issues. The long-term outlook on the US remains the strongest, which is why it has the highest chance of making it out of situations like this, the housing crash and the dot com bubble, etc. However, to get back on topic, the point of the chart is to place emphasis around people trying to time the market and to highlight long-term returns with consistent investments. Not to assume that the US economy will grow to infinity.

ThatOneDrunkUncle

There are these technical indicators called RSIs that dictate intraday action due to algorithmic programming. I don’t know why you’re trading without understanding basic market movements. It’s literally a huge part of the CFA exam that most money managers take. Managers with mandates about investing most of their liquid cash at all times don’t sell into weakness but do buy on strength. You have to think like the people who move markets.

TallGreenhouseGuy

The only thing missing now is an endorsement from Dr. Parik Patel, BA, CFA, ACCA Esq.

Humaniac99

Hello all, I am Humaniac99 CFA, CFP, CIC, ChFC, CMA, CFS, CIMA, CMT, PFS, CLU, CTP, CHFM, CHFP, CIIA, CM&AA, ChEA, ERP, FPAC, FRM and I am a financial advisor. Ask me anything!

BlueberryNo7974

It’s nothing but emotional. Nothing has even gone into effect yet so literally that’s defined as noise in the market from headlines. Once I know math? I have my CFA lol so I think I can do math. We’re down 8% from peak so yeah you’re right, this time is different from 2000 and 2008 😂 Qualified leaders is subjective because I would disagree.

lost_signal

Yeah, but it’s weird because there’s technically a ex dividend date where the stockholder is not entitled to it after that date so it’s priced in the drop ahead of the payment weirdly enough I think https://www.reddit.com/r/CFA/s/ZvYzz9TZOa

Agreeable_Fan_9413

Agreed, an expensive lesson learned to say the least. I should've placed limit STC orders immediately after placing instead of bopping in and out throughout the day. Missed some easy windows to close. Distractions + Greed = Bad Combinations. I call these unrealized losses my tuition fees to the University of Life (quote from Mark Meldrum, PhD and CFA instructor).

SpaceDetective

A CFA lecturer explains that gamma/volatility ploy here: [Microstrategy's real game is gamma not delta](https://www.youtube.com/watch?v=j_6URnhtQ2U&t=201)

jfk_sfa

Nothing really. I guess I'm lucky in the fact that through my undergrad in finance, my MBA with a concentration in financial analysis, and my CFA studies (charterholder since 2008), the more I learned, the more I realized the time an effort trying to beat the markets really isn't worth it. In my first investing class, there was the big Ibbotson chart on the wall. Every class on the markets had it. I've been invested through three recessions and never changed a thing. I'll likely be invested through three or four more in my income earning years and won't do anything different during those, other than my natural allocation changes that will come with age.

Baldpacker

Yea, I'm the same. I spent dozens of hours reading CFA materials, watching Mark Meldrum's Applied Level content, and other online videos but at the end of the day, you learn by doing.

Dadebayo84

It’s you’re. It’s ok just go for a walk and i recommend reading more on finance maybe taking a series 7 or CFA to get a better understanding on the financial markets.

-brokenbones-

I mean the dude was already president for 4 years and the stock market quite literally had record growth. You do you tho. Literally ANY CFA or CPA would tell you to always be buying, no matter what political or financial state the economy is in.

Moirailogist

Instead of trying to do random research, register for CFA exam levels 1 to 3. As to what to invest, why rush... many brokers give 5% annual return on cash in the account.

Slotstick

I agree with everything you are saying. Having spent a few years in the advisory field, I remember saying very similar things. I’d like to ask your opinion on market correlations. In periods of tail events (2+ standard deviations) markets appear to have a tendency to correlate to 1. Dampening the benefit of diversification. Which if the goal of diversification is dampen corrections and not significant events or reducing exposure to a single company tanking then it has served its purpose and done it very well. Do you think diversification has a benefit in those significant events and if it doesn’t, does it seem like the average person doesn’t understand that those significant events are a large potential risk factor? I don’t mean this to sound doom and gloom, I am only interested because I personally wasn’t able to get past that factor while helping people invest when I was first starting out in that field which lead me to do the CFA and go the analyst route.

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WeaknessEmergency

He who fights with bers might take care lest he thereby become a ber. And if you gaze for long into a dump, the dump gazes also into you. Benjamin Franklin - CFA

WoooahBaby

Definitely hire a professional. Investment advisor or Financial Advisor or any of the other professionals mentioned in this post. Look into the CFA and CPA designations and you may find out more about who the working professionals in accounting and finance are and their job titles and how they can assist you. I always fantasized about getting this kind of money. I would tell a hired professional to invest my money in moderate risk for a period of 10 years. Let it grow consistently and once it reaches a certain amount I would reinvest my funds, along with my profits, into a low-risk divided portfolio (again, still professionally managed) for another 10 years so I have a second stream of income. After that I would cash out everything. Obviously this may not align with your risk tolerance or personal goals but I just find it fun to think about. Good luck and don't worry about the "silver spoon" comments those people are just jealous! (It's me, I am incredibly jealous and wish I was you right now).

85masrercraft

Bogleheads would be a very good start to gain valuable information before you talk to any professional. The reason is that you will be much more prepared for any information they present to you and will hopefully question some of those things. Most cfp’s (fiduciary’s) have conflicts of interest, they have you sign paperwork that acknowledges that and then are free to churn your account with loads, high commission products, high expense ratios, monthly and yearly fees on each holding, opening fees closing fees, etc. Stick with 3-4 index etfs, gain more experience and then maybe add a few more holdings. You will get slaughtered if you go into a planners office and say “what should I do”? Another tip, find a planner that is also a CPA and also a CFA. That is the gold standard.

AlpsSad1364

You get a CFA so you can lose other people's money not your own

BAforNow

I have to analyze up to 3 companies per week in addition to a ton of other work responsibilities + FINRA studies. My background is in legal industry financial analysis, I’ve passed the CFA L1, and done side projects/ equity research on other companies to build a portfolio. I feel completely comfortable analyzing a company if I’m working at my own speed, so I’m more asking for professional pointers in how to research quickly and effectively.

BAforNow

I have to analyze up to 3 companies per week in addition to a ton of other work responsibilities + FINRA studies. My background is in legal industry financial analysis, I’ve passed the CFA L1, and done side projects/ equity research on other companies to build a portfolio. I feel completely comfortable analyzing a company if I’m working at my own speed, so I’m more asking for professional pointers in how to research quickly and effectively.

WeaknessEmergency

“Trade what you see, not what you think” George Washington- CFA

jfk_sfa

I’m a financial analyst. CFA Charterholder since 2098. I was thinking today that I basically have an entry level person at my disposal.  Sure, it’s not a graduate level expert but man, it’s a phenomenal resource. 

AUDL_franchisee

I've been paper trading since July. Still haven't started working with real $$ yet. For background, I am a financial professional (CFA/analyst) with decades of experience in equities, bonds, and markets generally. But not a lot of direct experience with options. So, paper trading (ThinkorSwim platform) has exposed me to several classic mistakes just in basic execution: \--Trading 10 contracts instead of 1 (the initial default was 10 contracts). \--Buying when I meant to sell. \--Trading the wrong expiry date. And then there are the other kinds of mistakes in executing more complex trades: \--Getting Call/Puts swapped on an Iron Condor (I would like to complain about how ToS lists the 4 legs of an IC...) And that's only basic execution errors. I've also learned a ton just opening positions (CSPs/Wheels, ICs, spreads, calendars, etc) and watching them move with changes in underlying & vol. Yeah, there's nothing quite like the frisson of having real $$ on the line, but I think anyone & everyone considering trading options ought to paper trade for at least several months before going live. But impatience & youth certainly creates alpha for the rest of us...