mmm4444bot
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- Oct 6, 2005
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Textbook publishers cannot keep pace with rapidly-changing definitions within the financial world. Therefore, as a public service, I post the latest changes to terminology.
CEO: Chief Embezzlement Officer
CFO: Corporate Fraud Officer
BULL MARKET: Random market movement causing investors to mistake themselves for financial geniuses
BEAR MARKET: 6-to-18-month period where kids get no allowance and wife gets no jewelry
VALUE INVESTING: Art of buying low and selling lower
P/E RATIO: Percentage of investors wetting their pants as markets crash
BROKER: What your broker makes you
STANDARD & POOR: Middle-income life, in a nutshell
FINANCIAL PLANNER: Anyone whose phone has been disconnected
MARKET CORRECTION: Any day after you buy stock
CASH FLOW: Trajectory money travels as it disappears after flushing the toilet
WINDOWS OF OPPORTUNITY: What one jumps through when they are a sucker who bought Yahoo at $240 per share (for example)
INSTITUTIONAL INVESTOR: Past-week investor who now resides in the local nuthouse
PROFIT: Archaic word (no longer in use)
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