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If you buy penny stocks for fun and entertainment, you have seen “research companies” in the smallcap arena. I have even owned half of a huge research firm in the earliest stages of its infancy before selling it out to the partner involved within a few months. I also republished research on a research site of mine when I found that research to be valid. That seldom happened. I just didn’t like that kind of business.
I am here today to talk about research that is coming out lately from a rather odd source. It is a self-described “CFA Candidate.” I have seen the term “CFA Candidate” many times. Usually it is on resumes when you are trying to hire people in finance jobs. Maybe I was a “Medical Doctor Candidate” in my first year of college before I realized I hated biology? My 11 year old son knows more about rocket science than most adults will ever know in their lifetimes. He has every intention of being a Rocket Scientist. He is certainly a “Rocket Scientist Candidate” in my opinion.
The good news is that this CFA Candidate has passed the first CFA exam. Before we get into the lengthy, multiyear process it takes to even become a CFA let’s first talk about what a CFA really is. The person becomes a Charted Financial Analyst after a series of three exams. They have to even qualify to take the exams. Once they take and pass all three exams as prescribed by the CFA Institute then they may use the CFA designation.
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