A new way to be an asshole in a restaurant!
"Would it be possible to get the flourless chocolate cake with just a tiny bit of flour? Thanks so much!"
Meet my friend, the mediocre hedge fund manager
There is no such thing as smart money. Yet, when was the last time you heard some one described as a "below-average hedge fund manager?" Probably never. Or a "mediocre physicist?" That's because these two professions seem mystical to people who don't stop to question that at least half of the hedge fund managers--and physicists-- graduated in the bottom 50% of their university peer group. Yet look at the HFRI Equity Hedge Index compared to investing in a no-fee indexed S&P fund since 1996--the last 20 years. (Note: you've been screwed in either case so don't hold your breath). Yes, all those wicked smart hedge fund guys (remember their nice suits from back in the late 90's?) rocked along at 13% annual returns from '96 til early '00. So did the S&P. Since then it's been a negative shithouse for the guys who get their drawn portraits published in the WSJ. Between ''08 and '13 a dollar invested i...
Yup, agreed.
ReplyDeleteReminds me that recently my brother and his GF were visiting from way out of town, and we went to my newest favorite local pizza place to get slices.
My brother and I asked for regular slices, fresh out of the oven and looking perfect. She, always needing to be different, ordered a slice of an all-white pie on the counter. (For example, at Mamoun's Falafel, she ordered something like a spinach pie, which she didn't like... but who in their right mind would order anything but falafel at Mamoun's?)
So we sat down to dive into our yummies, and she blurted out: why doesn't mine have any tomato sauce?
BECAUSE YOU ORDERED AN ALL-WHITE SLICE.
She then approached the counter and asked for -- and received -- a little cup of tomato sauce to spoon over her slice.