|The Jolly Contrarian’s Dictionary |
The snippy guide to financial services lingo.™
Mark /mɑːk/ (n.)
1. A gullible fool; one easily persuaded of the merits of complex final products, whether or not they have any. A dupe. A patsy. One who instinctively likes the sound of leveraged alpha, and whose residual doubts about it can be easily assuaged by deft backtesting.