In the midst of the financial tsunami hitting many countries, the stock markets have become the butt of jokes. Here are some classic “desi” ones.
"Bankrupt allowed to return to their native place without ticket - (Railway Minister) Lalu Prasad," goes one SMS joke.
Other 'jokes' border on being stupid: "Good time to invest in stocks of Rupa Frontline, VIP underwear, Jockey briefs etc. 'Sab ki chaddi uter gayi' (everyone has lost their briefs). So, everyone will buy a new one."
A joke about Finance Minister P Chidambaram announcing a decision to treat all losses in the market as tax deducted at source.
Another jester came up with this spoof on the Ambanis, whose group companies usually drive the market: "Latest blockbuster movie 'Saare Zameen Par' - premiere on BSE and NSE directed, produced and acted by Ambani brothers."
A fun email circulating trading desks, worth a chuckle, as well as an informal measure of sentiment:
CEO: Chief Embezzlement Officer.
CFO: Corporate Fraud Officer.
BULL: Beast in a field that attempts to screw anything
BEAR: Beast in the woods with a bad temper that attempts to screw anything
BULL MARKET: A random upward market movement causing an investor to mistake himself for a financial genius.
BEAR MARKET: A 6 to 18 month period when the kids get no allowance, the wife gets no jewelry, and the husband gets no sex.
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.
STOCK ANALYST: Idiot who just downgraded your stock.
Sunday, October 12, 2008
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