Index Funds Comic Strips
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Dogbert: I'll manage your portfolio for a standard industry fee of 1% per year. Wally: I'm investing a billion dollars. Your fee would be $10 million per year. Dogbert: Those index funds aren't going to pick themselves.
Dilbert sits on the couch. Dogbert says, "I'm starting a mutual fund for investors who aren't bright enough to know their alternatives." Dogbert says, "It must be a huge market. Otherwise most people would invest in index funds." Dilbert asks, "What's an index fund?" Dogbert wags his tail and says, "Ouch, ouch!! You're making me wag too hard!"
Dilbert and the financial advisor sit at the table. The advisor says, "I recommend our 'Churn 'N' Burn' family of mutual funds." The man continues, "We'll turn your worthless equity into valuable brokerage fees in just three days!" Dilbert asks, "Is it risky?" The advisor replies, "Are you kidding?! We have actual brochures!"
Wally sticks his head into the boss' office. Wally says, "I'm back from training." Wally says, "I got a big binder." Wally holds out a big book. Wally says, "The training is already forgotten but the binder will last forever." Wally brings the binder to his chest. Wally says, "A living monument to temporary knowledge!" Wally says, "I'll put it in my cubicle with the others." Wally says, "Speaking of my cubicle, which direction is it?" The Boss points. Wally says, "Okay, thanks. That information should be in a binder." Dilbert says, "Did he approve funding for our project?" Wally says, "Not yet. Step one was to free up funds from the training budget."
The Boss says, "I cut the quality control budget to free up funds to increase our sales force." Dilbert says, "So your strategy is to sell a larger volume of defective products?" The Boss says, "The quality will be fine. The tests will just take longer." Dilbert says, "So...It's an antique thing?"
Boss: Our CEO was injured when a steamer trunk full of Rolex watches fell out of his luggage helicopter and landed on his yacht. Asok: They say time flies then you're having funds. Alice; Out intern is growing up so fast. Asok: The walk-off is what sells it!
Boss: I only have enough in the budget to hire an employee who is incompetent half of the time. But if I don't use the budget, I will lose those funds next year. Employee: And I am proud to say that I'm 75% competent. Boss: I wish I could afford that.
boss: the key to success is teamwork. dilbert: then why does our compensation system pit employees against each other to battle for limited funds salary funds? boss: this meeting will go a lot smoother if you stop doing whatever you're doing right now. dilbert: i call it "thinking."
Dilbert: So... you emailed our CEO and asked for funds to build a social network for our global supply chain. Dilbert: No one wants that, But it sounds good, so he moved all of our project funding to your dumb idea. and...you will produce nothing, Wally: said the engineer with no budget.
Dilbert is at home watching television. Dogbert's infomercial is on tv. Dogbert sits at a desk and says, "Would you like to make $1,000 per month for a whole year?" Dogbert says, "Send $13,000 for complete information about Dogbert no-load funds." An individual is furiously writing the information down as Dobert says, "I'll include my free pamphlet explaining how to lose weight by eating less food." The guy thinks, "Show the number."