The way to deal with result jitters

So, ofcourse ideally one should not think about results etc etc…but really, we all are. Especially if you studied your butt off and are wondering if you made stupid mistakes or missed a double negative somewhere. I figured the best way to approach this is to think you probably failed and will have to write again but start looking over L2 material just incase you did pass. This way you’ll be in good shape if you passed AND you won’t be too disappointed if you failed. Perfect. Now I can sleep again.

jajajajajajajajaja Thanks for the advice.

I’m just having an extraordinary amount of sex…Which I have to recognize using GAAP, but not IFRS.

Better use birth control or there will need to be a large deferred liability adjustment.

yodacaia Wrote: ------------------------------------------------------- > Better use birth control or there will need to be > a large deferred liability adjustment. Don’t worry, I’m very risk adverse. I use complex derivatives to hedge my activities.

Ah - the old Covered Put. A good strategy indeed. Just be careful of contango.

Don’t forget to estimate some bad sex expense though.

Just wait till my wife sees my new double accelerated method.

el duque Wrote: ------------------------------------------------------- > Don’t forget to estimate some bad sex expense > though. There’s a line on my balance sheet for “Deferred Booty Expense”, also, “Unearned Sexual Favors”

yodacaia Wrote: ------------------------------------------------------- > Ah - the old Covered Put. A good strategy indeed. > Just be careful of contango. I’m more afraid of backwardation, after all, the producer controls this market…

doobies

MrAndMatt Wrote: ------------------------------------------------------- > I’m just having an extraordinary amount of > sex…Which I have to recognize using GAAP, but > not IFRS. This definitely should flow to the income statement.

Me myself am more of a fan of extraordinary items or unusual or infrequent items. Not so much of a discontinued operations fan however

Much better than my initial proposal. I am going to prospectively change my analysis.

Nothing like some post-exam finance humor to raise the spirits.