July 11th, 2013

Иван Дурак

Gold scam

Morgan Stanley was running a precious metals investment program, which offered clients:
- a way to buy gold bars and
- keep them stored in Morgan's vaults,
- for which they charged a fee.

But while the bank said it was buying and storing physical gold, allocated to its individual clients – and were happy to collect the fees for doing so – some of its clients alleged it was doing no such thing.
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Иван Дурак

female vs male logic


Woman: Do you drink beer?
Man: Yes.
Woman: How many beers a day?
Man: Usually about 3.
Woman: How much do you pay per beer?
Man: $5.00 which includes a tip.
(This is where it gets scary!)
Woman: And how long have you been drinking?
Man: About 20 years, I suppose.
Woman: So a beer costs $5 and you have 3 beers a day, which puts your spending each month at $450.
In one year, it would be approximately $5400 … correct?
Man: Correct.
Woman: If in 1 year you spend $5400, not accounting for inflation,
the past 20 years puts your spending at $108,000, correct?
Man: Correct.
Woman: Do you know, that if you didn’t drink so much beer, that money could have been put in a savings account,
and after accounting for compound interest for the past 20 years, you could have now bought a Ferrari?


Man: Do you drink beer?
Woman: No.
Man: So where’s your Ferrari?