THE BASIS POINT

It Ain’t Cool Being No Jive Turkey So Close To Thanksgiving

 

The clip below from Trading Places is a reminder to all bond traders—and all mortgage loan agents whose client rate locks are subject to their whims—that they better be fast or lucky to avoid getting their ass kicked. Billie Ray Valentine is fast tongued but ultimately it’s luck that makes him a successful Duke & Duke trader. So anytime you find yourself over-defending your market story in this volatile era, remember what the jailhouse bully says to Billie Rae right before the Duke boys bail him out: It ain’t cool being no jive turkey so close to Thanksgiving (wav). Because as much we all wish otherwise, Bruce Lee didn’t teach us how to be a Karate Man, and the only one who ever got rich running his mouth about the Quart of Blood Technique was Eddie Murphy.

 

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