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No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us
Abigail Hofman:

Abigail Hofman:

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

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







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