Friday, May 07, 2010
How Wall Street Works
-You have a stake in your house, naturally, so you take out
fire insurance. I have none but I take out fire insurance too.
On your house!
-You’re betting it burns down!
-Precisely. Just a side bet, nothing meant by it. A flyer.
A long shot.
-Unless you help it burn in some way.
-I'm not an arsonist!
-Yeah, but what if fire department passing out brochures:
Ten Ways to Prevent Home Fires ? Pretty young woman rookie. Wife invites in for cookies and tea and you say,
"Hey I'm going over there in a little while. I'll give him the brochure.” Knowing you're going to trash it.
-That's so vague, small, and amateur. I should be able to come up with something heftier.
-But legal?
-Just.
-You have a stake in your house, naturally, so you take out
fire insurance. I have none but I take out fire insurance too.
On your house!
-You’re betting it burns down!
-Precisely. Just a side bet, nothing meant by it. A flyer.
A long shot.
-Unless you help it burn in some way.
-I'm not an arsonist!
-Yeah, but what if fire department passing out brochures:
Ten Ways to Prevent Home Fires ? Pretty young woman rookie. Wife invites in for cookies and tea and you say,
"Hey I'm going over there in a little while. I'll give him the brochure.” Knowing you're going to trash it.
-That's so vague, small, and amateur. I should be able to come up with something heftier.
-But legal?
-Just.
Labels: How Wall Street Works
