h/t FT Alphaville
Hard to pick a favorite.
For the “we all know a Very Serious Person and have heard him explain his ignorance of social security to us or otherwise smack us upside the head with logical fallacies, the preferred object being the fallacy of composition, but sometimes being a sports analogy”…
“It’s a Ponzi scheme.”
The number of things called Ponzi schemes that are actually Ponzi schemes rounds to zero. It’s become a synonym for “thing I disagree with.”
For the “OMG that’s like so true”…
“Investment guru [insert name] says stocks are [insert forecast].”
Go to Morningstar.com. Look up that guru’s track record against their benchmark. More often than not, their career performance lags an index fund. Stop calling them gurus.
For the sheer funnies…
“This is a strong buy.”
What do I do with this? Click the mouse harder when placing the order in my brokerage account?