29 Dumb Things Finance People Say
Posted December 10th, 2013 @ 06:33pm by Erik J. Barzeski
29 Dumb Things Finance People Say:
1. "They don't have any debt except for a mortgage and student loans."
OK. And I'm vegan except for bacon-wrapped steak.
3. "Earnings missed estimates."
No. Earnings don't miss estimates; estimates miss earnings. No one ever says "the weather missed estimates." They blame the weatherman for getting it wrong. Finance is the only industry where people blame their poor forecasting skills on reality.
Not on the list: "What kind of monthly payment are you looking for?"