The views expressed in this blog are not necessarily the views of the blog management, (on the other hand, they are not necessarily not the views of the blog management).
No effort has been made to stay within the bounds of the truth in this blog as it has always been the view of the management that the truth should never be allowed to stand in the way of a good story.
Tuesday, October 14, 2008
More on the worlds economy
The state of the economy has hit an all time low in the UK
My old mate Wazza is keeping me supplied with the latest news on the financial front, if your friends won't help you who will??
Due to today's rapidly changing stock market and the financial conditions in industry, the following terms have had to be revised for investors in order to more clearly reflect today's economic market place:
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 sex.
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.
FINANCIAL PLANNER -- A guy whose phone has been disconnected.
MARKET CORRECTION -- The day after you buy stocks.
CASH FLOW -- The movement your money makes as it disappears down the toilet.
YAHOO -- What you yell after selling it to some poor sucker for $240 per share.
WINDOWS 2000 -- What you jump out of when you're the sucker who bought Yahoo @ $240 per share.
INSTITUTIONAL INVESTOR -- Past year investor who's now locked up in a nuthouse.
PROFIT -- an archaic word no longer in use.