Sensex

Sunday, April 13, 2008

DG - Recent Amendments 2 Dictionary

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.

 

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

 

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: poorer than you were last year.

 

Buy, buy: a flight attendant making market recommendations as you step off the plane.

 

Standard and Poor (S&P): your life in a nutshell.

 

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 drain.

 

Institutional investor: past year investor who is now locked up in a nut house.

 

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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Regards

BigGains !!
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