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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

August 2008

Top 10 financial definitions that are funnier since the credit crunch


These tongue-in-cheek versions of common financial parlance are particularly insightful given recent market events.




Auditor: Person that arrives after a battle to finish off the wounded.

Bull market: A random market movement causing an investor to mistake himself for a financial genius

Bear market: Eight months when the kids get no allowance, the wife gets no jewellery and the husband gets no sex

Broker: The person that you trust with thousands of your hard-earned dollars

Broker: What my broker has made me

EBIT: Earnings before irregularities and tampering

EBITDA: Earnings before I tricked the dumb auditor

Momentum investing: The art of buying high and selling low

Value investing: The art of buying low and selling lower

Standard and Poor (S&P): Your life in a nutshell







Broker: What my broker has made me

Top 10 financial definitions that are funnier since the credit crunch

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