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Asok: I followed your investment advice and lost all of my savings in the stock market. Boss: Did I mention that past performance is not an indication of future returns. Asok: Then... how does "advice" actually work? Boss: It only works for the people that give it.
Asok: I bought my first stock and it went up five percent in one week!That means I'm a stock-picking genius. I plan to max out all of my credit cards and become a day-trader. Dilbert: The total market is up six percent. Asok: That's just luck. It can't do that forever.
Boss: Asok, you can beat market averages by doing your own stock research. Asok: So... you believe every investor can beat the average by reading the same information? Boss: Yes. Asok: Makes you wonder why more people don't do it. Boss: Just lazy, I guess.
Lessons in Investing. Boss: You should buy a stock whenever the chart looks like a squirrel sitting on a clown's shoulder. That's called "technical analysis." Asok: I'm not going to do that. Boss: Good. Because it doesn't work if everyone does it.
Asok: Do you have any investment tips? Boss: You're asking the right person! I can teach you how to time the market, catch a falling knife, and invest in a dead-cat bounce. That's my system. Asok: What about diversification? Boss: I don't invest in anything I can't spell.
Financial Advisor. Advisor: Convertible notes... preferred stock... municipal bonds... covered call options. These are things you can never hope to understand. So trust me and try to forget that my only career ambition is to drain your account like a giant mosquito. Boss: That sounds reasonable. Advisor: I'm always surprised at how easy this is.
Dilbert: Bill Ackman just took a huge short position in our stock. Boss: I"m not worried about a cartoon cat from an old "Bloom County" comic strip. Dilbert: Maybe I care too much. Wally: That is the mantra of all defective people.
CEO: The board has voted to do a stock split. It came down to a choice between creating fantastic products or attracting dumber stockholders. One of those two things is easy.
Wally: We announced huge losses, but analysts thought it would be even worse, so our stock went up. I'm using a similar system to get a big raise. For years I've been lowering everyone's expectations of my performance. Next I'll... I made a phone call today. Boss: Employee of the year!
CEO: How's our new flattened management structure working out? Boss: I'm seeing an uptick in fork attacks and insider trading. CEO: Now tell me the benefits. Boss: My sciatica no longer hurts. And my stock portfolio is way up.