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"I love a good investment acronym. It’s not so much the ROICs and EPSs of the world that excite me, but a clever acronym that spells out a word and captures a concept can really brighten a researcher’s day."
The author discusses several investment acronyms and provides historical context. The TACO Trade receives added emphasis.
Not really heard since the credit crisis: SIV - Structured Investment Vehicles Defined as an investment full of things you do not understand and may not be appropriately rated. That will soon smell like 3-day old fish. In layman's terms.
@Yogibearbull - Good additions to the list! I'd forgotten about ":collateralized debt obligations", that weren't quite as collateralized as we thought.
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The following acronym popularized by the crypto community also comes to mind.
HODL: Hold On for Dear Life
Defined as an investment full of things you do not understand and may not be appropriately rated. That will soon smell like 3-day old fish. In layman's terms.
Works similar to alcohol. In layman's terms.
Probably not if it's a black swan...
Another unstructured miss is CDS (that's not CDs).
@Observant1 - good point.