I want to get into IB/HF/PE and I want to be a trader too. Do you think investools is the way to go or CFA? On a serious note, this firm must be spending a fortune on advertsing. I’ve seen their ads on every finance and economic related website/channel I use for information. They are touting they can make a person into a “Phd Investor” by taking a couple of two day workshops…okaaaay, where do I sign up to blow my life savings.
I haven’t used their systems. I think you are better off buying a few good trading books then paying 20k for their system. I did a search on epinions and most of the people there were negative.
This thread has to be a joke in response to the CFA vs. MBA thread… FWIW, I know somebody who used to love their stock. Apparently, the investools crew are great salesmen and they have a great system of getting you to buy more & more. There’s a huge technical analysis component to their methods. What you learn isn’t fundamentals or a diverse range of subject matter (wealth management, economics, accounting). Do you think anybody will employ you with your phd from investools? Unrelated to your question, but they also had a clever way of classifying things on their balance sheet (& returning value to stock holders). If you look at their financial statements up through 2006 you’ll see it. They were bringing in tons of cash and taking huge losses (non-cash) at the same time, they were buying back tons of shares.
Hmm… so I’m wasting my time in grad school when a few week seminar was all I needed? 
I don’t think anyone recognizes the Investools as anywhere near a CFA.
Note the second paragraph: “In all seriousness…” Gouman is clearly joking.
They own think or Swim brokerage.