What if all those theories about December 2012 come true… ??? It’s insane but I still think about it sometimes that what if by chance I pass level III and If I am lucky enough I am already in the industry enjoying my early tough hard days and suddenly Rolland Emmerich’s 2012 …
For me, the apocalypse happens on 2 Jun 2012.
I asked cfai this and they said no way. They don’t have the man power to draft, admin, and grade it.
Instinctively I think of how the end of the world means the FCF of all firms are approaching their terminal terms and how overvalued they are at the current market valuation.