The CFA Is a Scam

Discussion in 'Wall St. News' started by OddTrader, Jun 1, 2017.

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    Last edited: Jun 1, 2017
    #11     Jun 1, 2017
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    #12     Jun 1, 2017
  3. Anyone CFAs here?
     
    #13     Jun 2, 2017
  4. In Canada, they're called CF-EHs.

    ...
     
    #14     Jun 2, 2017
    newwurldmn, bpr and tommcginnis like this.
  5. tommcginnis

    tommcginnis

    I think you mean, "CF-eh"......
     
    #15     Jun 2, 2017
    Soon2Bgreat likes this.
  6. CFA is certified 'financial' analyst that is what accountants been doing for 100 years or 2000 years since they invented commerce and bookkeeping etc..

    finance. profit and loss revenues etc.

    the problem is the data is inaccurate and FAKE DATA . bad data in bad data out. the analyst is analyzing paper , you would have to trust the guy signing the documents, ceo don't want to sign the financial reports. after enron. before ceo won't liable if the financial reports were 'fraudulent'

    reporting fake revenues, or not reporting revenues, or hiding losses using accounting foreign accounts or subsidiaries etc. accountant isn't as easy as it looks. TAX RULES ETC.

    with 'creative accounting', a company can look very profitable or look like it's losing a millions ie (non-cash capital depreciation etc) or investment losses off balance.



     
    #16     Jun 3, 2017
  7. Overnight

    Overnight

    Hmm. Hopefully you can hang around until Wednesday, when I plan to post a video of ladder data. Then you can tell us all about the "bad data in, bad data out."

    Just chill out man.

     
    #17     Jun 4, 2017