Definitions
Snarky, meaningful definitions.
Snarky, meaningful definitions.
Accreditation: platform to sell academic books at a premium
Apophenia: wonderful imagination and a chartist's nightmare
Beta: a canard
Bureaucrat: bureaucracy blind
Business Plan: organized inaccurate forecasts
Cable News: broken
Commercial Banker: debt
Committee: Diversification of responsibility and executioner of ideas
Conventional Wisdom: wrong
Coordinated Resource Action Plan: promise to its acronym
Jim Cramer: barnumesque
Ray Dalio: someone to listen to
Day Trader: hobbyist ignorant of loss
Economics: collection of mood
Milton Friedman: someone to pay attention to
Fund Manager: an endangered specie without protection of a fish and wildlife service
Greeks: folks who do not distinguish between math and mood
High Frequency Trading: technical method of speed dating
Internet: I Love Lucy confectionery conveyor belt of information
Investment Adviser: seller of cream-puffs
Investment Analyst: overpaid flipper of coins
Investment Banker: marketeer
Iron Bronteroc: Two pairs trades of different stocks to optimize returns based on differing stock frequencies
Leechigious: investment industry
Net Present Value: method to present bad ideas otherwise
Options: convenient method of over-leveraging
Present Value: a formula without vision
Professor: an underpaid talk show host competing with Facebook
Regulation: market return less expenses
Ripple Effect: small things creating large changes while people sleep
Trends: romance novel
WACC: see Beta