Picking Winners With Adviser Certification?

                       

Added to all its uses of arcane terms and jargon and acronyms that confuse most of the public, Wall Street inside players, and its analysts and advisers, have to show you how truly bright they are at picking winners.

                       

So they have come up with certification initials they post after their names. The initials sound impressive but many are not as difficult to get as you may think. In fact, many are looked at askance by regulatory authorities.

                       

But they help market advisory services. And they impose investor inferiority. The fear of not quite being up to the task of competing with “smarter” investors. 

                      

A test is needed to get some certifications. But who says that passing a test of routine questions makes someone a true expert at financial matters?

                       

It does help someone understand the arcane terms and jargon and acronyms. The latter  mean nothing for tipping investment odds in your favor. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)