Wednesday, May 30, 2018

2Q18 : Week 8

Got through some FAR reading. Very enlightening stuff.

Now working my way through the financial reporting manual issued by the division of corporation finance by the SEC. Hoping to fill in the gaps of understanding left by FAR, like how Reg S-X works, since interim reports I guess aren't necessarily GAAP compliant. Ah, the things they don't teach you in school.

On another note, I read through Matt Levine's column this morning (Broker Robots Will Calm Your Panic) and I was surprised to see how their 3D Insights project has morphed. The latter was supposed to be a Netflix-esque recommendation tool for their wealth management brokers. Now it seems they're trying to emulate Amazon, with tentacles in everything. Not creepy at all...

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