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A true story

“I heard this from one of my professors. To protect him, no names will be revealed. This professor was about to get married. He went to the jewelers to get a wedding ring for his fiancee. The jeweler told him that he can have the inside of the ring engraved with the name of his fiancee for an additional $20 (remember, this was a LONG time ago). He said, “But that will reduce the resale value!” The jeweler was aghast. He said, “How can you say such a thing. You are a butcher!” “No,” replied the professor, “I am an economist”.”

A little European Geography lesson

“Spain is not Greece.” Elena Salgado, Spanish Finance minister, February, 2010.

“Portugal is not Greece.” The Economist, April 2010.

“Greece is not Ireland.” George Papaconstantinou, Greek Finance minister, November, 2010.

“Spain is neither Ireland nor Portugal.” Elena Salgado, Spanish Finance minister, November 2010.

“Ireland is not in ‘Greek Territory.’”Irish Finance Minister Brian Lenihan. November 2010.

“Neither Spain nor Portugal is Ireland.” Angel Gurria, Secretary-general OECD, November, 2010.

“Spain is not Uganda” Spanish PM Rajoy. June, 2012.

Golf Etiquette

Here is an actual sign posted at a golf club in Scotland, UK

1. BACK STRAIGHT, KNEES BENT, FEET SHOULDER WIDTH APART.
2. FORM A LOOSE GRIP.
3. KEEP YOUR HEAD DOWN!
4. AVOID A QUICK BACK SWING.
5. STAY OUT OF THE WATER.
6. TRY NOT TO HIT ANYONE.
7. IF YOU ARE TAKING TOO LONG, LET OTHERS GO AHEAD OF
YOU.< /SPAN>
8. DON’T STAND DIRECTLY IN FRONT OF OTHERS.
9. QUIET PLEASE…WHILE OTHERS ARE PREPARING.
10. DON’T TAKE EXTRA STROKES.

WELL DONE… NOW, FLUSH THE URINAL,  WASH YOUR HANDS, GO OUTSIDE AND TEE OFF.

Technical Analysis Obsession

 

‘You know that you’re obsessed with Technical Analysis when…’

*Trapped in traffic at a roundabout, you find yourself waiting for a “breakout”.

*The best that lingerie advertisements can do is start you thinking about double tops.

*You start thinking about your marriage in terms of risk-reward.

5-minute MBA-Must Read

mbaLesson 1: 

A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbor.
Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’

After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 and leaves.
The woman wraps back up in the towel and goes back upstairs.      
When she gets to the bathroom , her husband asks, ‘Who was that?’
‘It was Bob the next door neighbor,’ she replies.
‘Great,’ the husband says, ‘did he say anything about the $800 he owes me?’  


Moral of the story:

If you share critical information pertaining to credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.

Lesson 2:

A priest offered a Nun a lift in his car.

She got in and crossed her legs, forcing her gown to reveal a leg & thigh;
The priest nearly had an accident. (more…)