Accounting / Financial Theory / Technicals Forum
Ok, hear me out, this is slightly dorky but worthwhile.
One of my favourite parts of WSO is when you find a thread which is legitimately useful to those who are lucky enough to have themselves a job; contains advice not on universities, exit opps, networking but on a financial concept or theory.
They used to occur with far greater frequency in the 2008ish era. You could argue then that one should just do a search, but that defeats the object as that requires you to have a question in mind. Some of the most informative threads are ones on topics you've never thought of, or on concepts you thought you had nailed down but you get a different point of view.
By way of examples / this has become a little personal library of mine:
http://www.wallstreetoasis.com/forums/pe-intervie…
http://www.wallstreetoasis.com/forums/stock-deal-…
http://www.wallstreetoasis.com/forums/technical-q…
http://www.wallstreetoasis.com/forums/dividend-re…
http://www.wallstreetoasis.com/forums/ebitda-exit…
http://www.wallstreetoasis.com/forums/enterprise-…
http://www.wallstreetoasis.com/forums/stock-based…
http://www.wallstreetoasis.com/forums/stock-based…
http://www.wallstreetoasis.com/forums/working-cap…
http://www.wallstreetoasis.com/forums/modeling-di…
http://www.wallstreetoasis.com/forums/what-makes-…
http://www.wallstreetoasis.com/forums/when-buildi…
(just added some more threads (quiet time post xmas))
So, yes? No? Maybe?
This is great. I like where your head's at. I'm in favor of making a "library" of sorts for technical threads and either putting them in the FAQ section or compiling them all here and then maybe having a Mod organize them by topic if they would be willing to. And I think including multiple, even several, threads on each topic is a very good thing - I know there's lots of good threads on working capital, just as an example. The more the better, right?
Also I strongly agree with this:
Hell WSO could edit them, parse them and sell it as a reference guide.
Dont give patrick ideas haha.
Awesome
I know I don't post here much but I couldn't agree more with the addition of this forum... especially while reading Einhorn's book Fooling Some of the People All of the Time. The technical accounting knowledge he has is a huge benefit to anyone in finance. Also, if any of you want a good accounting fraud-type blog...
http://blogs.smeal.psu.edu/grumpyoldaccountants/
This is awesome.
I say we call the new area the "Wizards Tower".
Just so when someone answers a question brilliantly, I can ask them if they're a wizard.
+1.
We are in the process of completely revamping the FAQ section. I think it would be worthwhile under a few of the industry sections to include these as good primers / best discussions...
As most people know here, when we have so many people posting stuff to the wrong forums, I'm pretty against adding new ones (especially when most of these fall nicely under Investment Banking and could be highlighted in a section of the FAQ)....for the record, our Technical Interview Guide has a LOT more detail than this..
Sure, and i understand the desire not to create superfluous / too many forums, but the FAQ section and a good thread popping up every now and then in the IBD forum isn't really the point.
Since the churn on the IBD forum is actually quite high, and those who tend to contribute the most to the type of thread i'm mentioning aren't as active as others, there tends to be barriers to any meaning full convo being established. Moreover, while i'm sure the FAQ section is great, it's a process (as noted in my OP) that requires an active question in mind, and isn't conducive to a casual browse. The crux, for me at least, is an active resource, not a static investopedia style resource
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