When Genius Failed
Yesterday, I finally finished the book, When Genius Failed by Roger (is it roger? maybe it's michael, or bert) Lowenstein which chronicled the rise and fall of the hedge fund Long Term Capital Management ("LTCM").
After the book, I felt a great weight lifted off my shoulders and I finally came to peace with myself over my failure in CFA Level 3 due to not covering 3 whole chapters on derivatives
I failed because derivatives are a form of unregulated, devious financial products borne of the evilness of evil financial gnomes to make billions of dollars at the expense of normal people. Only godless heathens would seek to understand and embrace such complex financial products that reek of Satan worship.
I failed because in my hearts of hearts I could not embrace something that I did not agree or believe in.
NOT because I was lazy and too stupid to understand swaps and options.
no.
...
Okay, maybe 10% Laziness and 90% Righteous Anger
...
Maybe 50/50
...
Nevermind.
After the book, I felt a great weight lifted off my shoulders and I finally came to peace with myself over my failure in CFA Level 3 due to not covering 3 whole chapters on derivatives
I failed because derivatives are a form of unregulated, devious financial products borne of the evilness of evil financial gnomes to make billions of dollars at the expense of normal people. Only godless heathens would seek to understand and embrace such complex financial products that reek of Satan worship.
I failed because in my hearts of hearts I could not embrace something that I did not agree or believe in.
NOT because I was lazy and too stupid to understand swaps and options.
no.
...
Okay, maybe 10% Laziness and 90% Righteous Anger
...
Maybe 50/50
...
Nevermind.
1 Comments:
you forgot to put in the weather
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