Mark

The Jolly Contrarian’s Dictionary The snippy guide to financial services lingo.™ →Go uptown Index — Click ᐅ to expand: Dictionary Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

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.

2. One who does not answer to Matthew, Luke, John, Arthur or Martha. And that’s the gospel.

See also

• Client
• Leveraged alpha