*From Jim Gaffigan’s stand-up
Overheard in my 5th-grade classroom: “I went to visit my cousins in a small town in California. They don’t have any good restaurants like In-N-Out there.”
I agreed to be the sponsor for several sixth-grade boys who wanted to start an investment club at school. They run it and I am just the certified teacher in the room to monitor them.
During the first meeting, one of them told the audience of three kids (ages 11, 12 and 13):
“So a long-term stock is like a short-term stock, but it’s not short-term. Hence the name.”