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Archives for the ‘Term of the Week’ Category

Easy Money

By CarryTrade • Apr 29th, 2009 • Category: Term of the Week

Term used to describe a trading opportunity that is very likely to produce gains.  Beware of people who use this term; as they are only giving advice and would never be stupid enough to make the trade themself.  Afterall, there is no such thing as easy money.
Use in a sentence: “Dude, shorting the 10Y?  That’s [...]



Dead Cat Bounce

By CarryTrade • Apr 28th, 2009 • Category: Term of the Week

A temporary reprieve from a falling market driven by hope and/or prayer.
From: “Even a dead cat will bounce if you drop it from high enough.”
See also: head fake, March/April 2009



Cheapskate

By NegativeConvexity • Apr 23rd, 2009 • Category: Term of the Week

An individual who fails to pursue positive NPV projects because of an irrational fear of expenses/negative cash flows in the first few periods.



Accounting

By CarryTrade • Apr 22nd, 2009 • Category: Term of the Week

A popular artform that improves upon the appearance of its subjects through a colorful and confusing display marked by disbelief in and/or ignorance of values and norms.
Also see: post-impressionism, surrealism, postmodernism, annual reports



Oversight

By CarryTrade • Apr 22nd, 2009 • Category: Term of the Week

A rationalization technique most often used by governments in order to excuse legislative malpractice.
Example: “It doesn’t matter how well the new program is set up, we’ll just have an oversight committee tell us what’s wrong later.”
See also: SIGTARP