These terms have been updated to fit today’s times:
CEO: chief embezzlement officer.
CFO: corporate fraud officer.
BULL MARKET — A random market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET — A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no s*x.
VALUE INVESTING — The art of buying low and selling lower.
P/E RATIO — The percentage of investors wetting their pants as the market keeps crashing.
BROKER — What my broker has made me.
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.
MARKET CORRECTION — The day after you buy stocks.
CASH FLOW — The movement your money makes as it disappears down the toilet.
INSTITUTIONAL INVESTOR — Past year investor who’s now locked up in a nuthouse.
MOMENTUM INVESTING - The fine art of buying high and selling low.
VALUE INVESTING - The art of buying low and selling lower.
“BUY, BUY” - A flight attendant making market recommendations as you step off the plane.
FINANCIAL PLANNER - A guy who actually remembers his wallet when he runs to the 7-11 for toilet paper and cigarettes.
CALL OPTION - Something people used to do with a telephone in ancient times before e-mail.
INSTITUTIONAL INVESTOR - Past year investor who’s now locked up in a nut house.
PROFIT - Religious guy who talks to God.