8 definitions by pitbear
A calculated bet or series of bets with price determination and risk/reward fully contingent upon Event X occurring. It successfully occurs, but all positions remain in the red.
It is commonly witnessed when listening to a friend's dad talking about his investment rationale for making certain risky trades. His reasoning is always foolproof but the results are inevitably unfavorable.
It is commonly witnessed when listening to a friend's dad talking about his investment rationale for making certain risky trades. His reasoning is always foolproof but the results are inevitably unfavorable.
A preventable Dad Trade in the making
Industry professional: Mr. Chen, I strongly urge you to hedge against your positions in Brazilian ethanol companies with some short currency futures and some put options on the underlying stock.
Mr. Chen: Don't presume to teach me about equities sonny; I have more years of investment experience than you have in years lived. If Obama gets elected, he will subsidize corn, and ethanol production profitability will skyrocket.
Industry professional: Mr. Chen, I strongly urge you to hedge against your positions in Brazilian ethanol companies with some short currency futures and some put options on the underlying stock.
Mr. Chen: Don't presume to teach me about equities sonny; I have more years of investment experience than you have in years lived. If Obama gets elected, he will subsidize corn, and ethanol production profitability will skyrocket.
by pitbear August 12, 2010
Even though Kobe Bryant has less than 8% body fat, the back of his head still looks like a pack of hotdogs.
by pitbear January 17, 2012
Vapid eyelids, usually found on seemingly disinterested females. It exudes a condescending and bitchy attitude; it is brought forth without fail whenever a female is confronted with a large male ego. It is annoying and incredibly sexy at the same time.
Why is that Asian anchorwoman's eyes always half open?
Oh you mean Betty Liu? Yeah, she's got permanent vaplids.
Oh you mean Betty Liu? Yeah, she's got permanent vaplids.
by pitbear June 17, 2010
The act of fingering a single slat of a Venetian blind downwards so that one may take a peek. It leaves a sleazy aftertaste regardless of the content found on the other side.
Did you hear about the increased cutbacks this week?
Yeah, the managing director and assistant manager have been hiding in conference room A, probably discussing who they're gonna let go. There's been no sign of life other than Bonderman's eyeball when he does his routine Venetian espionage every hour or so.
Yeah, the managing director and assistant manager have been hiding in conference room A, probably discussing who they're gonna let go. There's been no sign of life other than Bonderman's eyeball when he does his routine Venetian espionage every hour or so.
by pitbear July 24, 2010
A tool used to reject accountability for a stupid mistake made, converting it into a lesser offense. If the counterparty replies with "Well, don't believe everything you hear," you have successfully dodged responsibility altogether.
Didn't you see the increasing claims in unemployment? The rising inventory to sales charts? The rising disability income claims? The lowered corporate earnings projections? Why would you buy more index futures? Are you retarded?
Well I heard the Fed was going to cut rates again by 75 basis points.
Well, don't believe everything you hear. Oh well.. whatever. Are you going to the poker game at Karetnikov's tonight?
Well I heard the Fed was going to cut rates again by 75 basis points.
Well, don't believe everything you hear. Oh well.. whatever. Are you going to the poker game at Karetnikov's tonight?
by pitbear August 12, 2010
A last minute preparatory action performed when any potential for penis exposure arises, in order to increase size to at least quarter-erection and ensure a presentable first impression.
It was the first time Lisa invited Rob in. He made sure to spend a couple of seconds on forepriming before following her into her room.
by pitbear December 15, 2010
Something very, very dark.
A play on the word dawn and don cheadle, one of the darkest niggas on the planet.
A play on the word dawn and don cheadle, one of the darkest niggas on the planet.
This roadside lighting...It's as dark as don out here. I can't see shit.
Huh? Dark as dawn?
No, Don Cheadle.
Oh... yeah you're right.
Huh? Dark as dawn?
No, Don Cheadle.
Oh... yeah you're right.
by pitbear July 14, 2010