Amusing linguistic observations from
Slate’s Dan Gross:
Hedge-Fund Phrase: Challenging
Translation: Run for the hills!
Hedge-Fund Phrase: Unprecedented, unique circumstances
Translation: Stuff happens. But we had no clue.
Hedge-Fund Phrase: Market volatility has produced
unfair, unrealistic prices.
Translation: The market is efficient only when it works in
Hedge-Fund Phrase: Our results were affected by the
selling behavior of other firms.
Translation: We made the same dumb trades as everyone
Hedge-Fund Phrase: We just want to protect investors.
Translation: We just want to cover our butts.
Hedge-Fund Phrase: This isn’t a rescue.
Translation: THIS IS TOTALLY A RESCUE!!!!!!!
Great stuff! The full article is here:
How To Speak Hedgie
What hedge-fund managers mean when they talk about challenges.
Posted Tuesday, Aug. 14, 2007, at 4:16 PM ET