Modern Financial Terms, Explained:
"BUY, BUY" -- A flight attendant making market recommendations as you step off the plane.
BEAR MARKET -- A 6 to 18-month period when the kids get no allowance, the wife gets no jewelry
BROKER -- What my broker has made me.
BULL MARKET -- A random market movement causing an investor to mistake himself for a financial genius.
CASH FLOW -- The movement your money makes as it disappears down the toilet.
CEO -- chief embezzlement officer.
CFO -- corporate fraud officer.
EBIT -- earnings before irregularities and tampering.
EPS -- eventual prison sentence.
FINANCIAL PLANNER -- A guy who actually remembers his wallet when he runs to the 7-11 for toilet paper and cigarettes.
INSTITUTIONAL INVESTOR -- Prior year investor who's now locked up in a nuthouse.
MARKET CORRECTION -- The day after you buy stocks.
MOMENTUM INVESTING -- The fine art of buying high and selling low.
NAV -- normal Anderson valuation.
P/E -- parole entitlement.
P/E RATIO -- The percentage of investors wetting their pants as the market keeps crashing.
PROFIT -- Religious guy who talks to God.
STANDARD & POOR -- Your life in a nutshell.
STOCK ANALYST -- Idiot who just downgraded your stock.
STOCK SPLIT -- When your ex-wife and her lawyer split your assets equally...between themselves.
VALUE INVESTING -- The art of buying low and selling lower.
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Modern Financial Terms, Explained: "BUY, BUY" -- A flight...
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