Hey guys and gals,
First day on here and first post!
I'm new to this game (2 months into a HY Credit Analyst position in London), and I've already heard quite a few cool phrases around the trading floor.
We all know the famous ones:
The trend is your friend,
Don't catch a falling knife,
dead cat bounce..
But what's the best one you've heard??
-avl
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When you're losing your ass and need to average down:
Don't frown, average down! Don't be sore, buy some more!
General-isms:
The pigs get fat but the hogs get slaughtered. Long and wrong You can shear a sheep many times, but you can only skin him once
no need to reinvent (recreate) the wheel
Foolish names and foolish faces are often found in public places
Life comes down to a few simple moments...this is one of them
Losers Average Losers
Harvest the low hanging fruit
I'd rather be lucky than good
It is what it is.
I gotta go old school on this one, "Take a Report", except we will follow it with insults, jabs, actual trade reports. Such a versitile expression when you want to end a conversation as well.
Someone shit on the coats.
Classic.
haha "i think someone may have shit on or around the coat area"
haha.
I always thought this Buffet quote had a lot of merit to it: "When the tide goes out, you learn who's been swimming naked."
haha some truly awesome lines!
swagon, ive gotta ask though.. wtf does "Someone shit on the coats." mean??
In the future, try googling stuff when you don't know. But to answer your question...nah, just google it. It's worth it.
"I don't care where or how you get it. Just get it...This is your wake-up call, pal. Time to go to work."
Made of win.
Swagon,
I was expecting you to post a LMGTFY link.
OP, another one we've been doing for the past few months is quoting from The Boondocks. Whenever a trade or something goes so horribly wrong, like completely SOL Batshit wrong, someone invariably makes a reference to this ATF Classic scene and tweaks it to fit the security being traded.
This is not work safe in the least bit, but it's still extremely fucking funny.
here it is
let's circle up
I just did a back of envelope (no envelope in sight)
Let's not spin our wheels
you can put lipstick on a pig but its still a pig
never go full retard!
well, my model says... fuck your model, its wrong but my model cant be wrong!
hey nancy, put your fat finger down!!!
that trade just cost me 3 (insert car name here), wait, base model or fully loaded? shut the fck up
I'd rather be rich than stupid
Talking about how much "bandwidth" you have. Actually, I do this all the time because I find it humorous.
"hide your kids, hide your wives" and "there rapin' everyone up in here"...these were recently adopted in the office thanks to the auto-tune the news clip on YouTube. Mind you, this is coming from the Partners and Principals.
Regards
Dogshit Deal Net-Net [CEO]-name Land
Never play another man's game, you will always lose
"Obama"
"Change"
Actually those suck.
W '04 all the way. Cheers to living in the past.
You must be trolling.
"Get in my belly!"
Scared money never wins.
Hey, thats the working title of my Wall Street III script!
Don't fight the fed There's never just one cockroach
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