Thursday, March 20, 2008

A Classic PJ

This is not mine, though I wish it were.... (one of the best PJs I have heard in a long time)

The cows in the Animal Farm have been reading about bear runs and bull runs in the stock market for a while now. First its one, then the other. After a while, they got really frustrated...Why the hell can't we have a cow run!!
So, they started a new stock exchange, the Cow Jones Index, and proclaimed, "There shall only be cow runs in this one, bulls and bears take a hike."

But having grown so fond of the hedge surrounding the animal farm, they became quite interested in hedging their risks as well. Thus began the Cow Jones Futures Index (CJFI). Now, what did these chaps trade in the CJFI?




Ans: Dairyvatives, of course

Of course, yours truly made a dairivative PJ of this masterpiece, and came up with the following:

If investors got wary of investing in the Cow Jones Index directly and decided to give their money to someone else to manage, what would they be investing in?



Ans: Moo-tual Funds

PS: I am in the process of collating some of my PJs and putting them up for display on the blog... so people who remember some of my earlier ones, please send me a mail/dbab/comment, anything!

1 comment:

Anonymous said...

You'd probably remember the Arab looking for Gas one?

What's the website that encourages u to letch?