Wednesday, September 17, 2008

Something I found funny

Stock Market Definitions

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

Bear market: a six- to eight-month period when the kids get no allowance, the wife gets no jewellery and the husband gets no sex.

Momentum investing: the fine art of buying high and selling low.

Value investing: the art of buying low and selling lower.

Broker: poorer than you were last year.

Stock analyst: idiot who just downgraded your stock

Stock split: when your former wife and her lawyer split all your assets equally between themselves.

Market correction: the day after you buy stocks

Cash flow: the movement your money makes as it disappears down the toilet.

EBITDA : earnings before I tricked the dumb auditor

EBIT: earnings before irregularities and tampering

CEO: chief embezzlement officer

CFO: chief fraud officer

EPS: eventual prison sentence

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