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Showing results for tags 'a shoeshine boy moment?'.
A little anecdote for those who may care to hear it. To cut a long story short.....met briefly with a former work colleague, in a semi-social context, and who had a 'junior' with him - an affable 23 year old recent engineering graduate. Chat covered a range of topics and managed somehow to touch on finance/economics, from which it emerged that said junior was planning on taking up 'trading' as a source of extra income - and mentioned an online service, offering trial 'practice with no money' accounts, that markets seem to be going only one way (i.e. up), etc etc etc. but, in the process, demonsrtated a profound ignorance of even the basics of economics and finance. At which point my friend and former colleague, knowing that I am reasonably conversant on stockmarkets and their history, interrupted and said, looking at me with a slight grin, "A shoeshine boy moment?" - said with that quizzical sort of look when one wants to put a question mark at the end of the statement. I acknowledged with a "Hmmmmm.....", indicating I knew what he was referring to. Needless to say said junior looked at us feeling left out and queried the meaning of the term 'shoeshine boy'. At which point my friend made a barely visible shaking of his head, in dismay, which said junior did not see (him still looking at me) I very gently told said Junior to "Google it and see what you find." Conversation/meeting moved on and finished soon after. I don't have a multi-million portfolio and personal stockbroker at my beck and call. But if I did I could well have been tempted to call him as soon as I got home, telling him to "Sell Everything!"