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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?
by pitbear August 12, 2010
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Apr 22 Word of the Day
When you eat dirt for the first time and leave your family to build a shack in the woods
Bro since I got dirtpilled on Tuesday I have made sooo many worm friends and made them soo many little houses to get married in. Me? Lonely? No you’re the lonely one u lawn owning freak
via giphy
by ecogoth December 30, 2020
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