3-6-3 Rule

The "3-6-3" rule or formula in banking meant that a bank gives 3% interest on accounts, charges 6% interest on loans, and the banker is to be found on the golf course by 3 p.m. The…

330 Ramp Capital

The blog Zero Hedge, on April 8, 2013, published "Invest In '3:30 PM Ramp Capital LP' For 26.6% Annualized Outperformance." The New York Stock Exchange closes at 4 p.m.; at 3:30…

Alligator Spread

An "alligator spread" is a transaction is where the investor is unlikely to make much of a profit even if the markets move in the direction anticipated, primarily because the investor is…

Almighty Dollar

Washington Irving (1783-1859) was America's first great writer, and he authored the great American expression "the almighty dollar." (Oxford English Dictionary)almighty, a.…

Angel Bond

Investopedia defines an "angel bond" as a bond that has a lower interest rate because of the issuing company's high credit rating. "Angel bonds" are said to be the opposite…