If this guy is a CFA, I’d rather light my money on fire than let him manage it. I feel like the outcome would be the same anyway.
I bet you’re thinking of CPAs (not to be confused with CPAs or CPAs), who are the sort of folks that might manage money for the working class. CFAs are something different:
The top employers of CFA charter-holders globally include UBS, JPMorgan Chase, Royal Bank of Canada, Bank of America, and Morgan Stanley.
You shouldn’t let any CFA directly manage your assets. Go to your local credit union and get free advice from their CPAs; they often have a standard path to wealth-building for their members, even those without much in the savings account.
My father in law is a CPA, and even he refers people to certified financial advisers for investment advice. As I understand it, CPAs help you with taxes, and CFAs with fiduciary duties help you invest the money. There’s obviously a little crossover, but I think the lanes are pretty clearly drawn.
I’ve been wrong before though, so I’m open to being corrected if I misunderstand the separation of duties.
Bitcoin was a typo, he meant beef tallow
The beef tallow thing is painfully stupid…
I have started to wonder if the fact that adding it back makes it so vegetarians and vegans can no longer eat french fries (that are made with it) had anything to do with that decision… Or was that just an “unexpected bonus” in their minds?
I’m guessing that you’re too young to remember. Lucky 10000! In the 1990s, McDonald’s was under attack for a variety of anti-environmentalist practices, and by 2001 there was a class-action lawsuit against them for using beef tallow in fries from a coalition of vegetarians, vegans, and primarily Hindus who were deeply offended that they had been tricked into consuming what they consider to be a sacred animal. In a nutshell, it’s a very racist and revanchist move, not just an anti-environmentalist move.
Unlike normal, I can’t link to good peer-reviewed articles on the topic. McDonald’s is one of the few groups who can successfully control their Internet presence, and they’ve washed away these controversies as best they can. I almost feel like linking to this summary of the case on Wikipedia is unhelpful, since it’s got so many apologetic caveats. They do this all over Wikipedia; McLibel or Liebeck are also heavily edited in favor of McDonald’s. You’ll have to explicitly add “hindu” or “indian” to search queries; for example, instead of “mcdonalds beef tallow”, try “mcdonalds beef tallow hindu indians”.
It prob is a “some culture warrior/bodybuilder misread a piece of research and it turned into a culture war conspiracy” thing. Like soy. (My silly nickname predates the culture war stuff by several decades, it comes from Shadowrun).
E: yes looked it up, comes via RFK of course and is anti seed oils thing. https://www.diningandcooking.com/1742624/america-stopped-cooking-with-tallow-for-a-reason/ and the anti seeds oil thing is an idea that has been spreading through the (far) right blogosphere for a decade or more (that is when I heard of it, so prob existed before that).
Our friends of the pod at lw also joined in https://www.lesswrong.com/posts/DHkkL2GxhxoceLzua/thoughts-on-seed-oil (but it concludes the seed oil theory is full of shit, points for LW there, well done (dont read the comments, there is roundup in the seed oils)).
Well, LW is only being no more wrong than Andrew Tate there, so they don’t deserve too many points.
Yes the score is still negative even of they had one win. Note how the glyposate asspull still got 50 upvotes. (And how one person went ‘wow i have the same’ in reaction to that to then just go ‘it was gluten’. Enormous levels of contrarian so open minded their brains now have worms stuff. And amazing that all of this started just because Yud thought others were not unbiassed enough to properly understand his argument about training agi safely. Talk about 'I realized my initial goals were impossible so I made secondary goals which were also impossible so I’m going to become a weird (far) right winger scope drift. See also Musk. Whos plans for Mars were replaced with AI robots, and now is starting a company townwith all the women he has kids with (see also ‘the implication’). (Yeah I made up that his women compound and company town are in the same place, but you get my point I hope).
Interesting how they fail in similar ways, Musk ignores the community notes and spouts his bs, vs Yud and ignoring the post (i assume 2023 yud vs 2024 lw) and already going anti meta study (??) in the tweet. Womens compound vs math pets. Weird science fiction bs vs weird science fiction ba. Has group of haters he claims are actually a small (undead) Jewish cabal who are behind all his hate vs Has group of haters who all are (goth) David Gerard.