The Punchline

A few definitions making the rounds…

Richard Core Nov 11, 2008

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.

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 — What you jump out of when you’re the sucker who bought Yahoo @ $240 per share.

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