(1). A biblically-inspired phrase describing an action which will result in a net benefit of zero, often used in finance to dissuade clients from making unnecessary investment changes.
Rob Peter To Pay Paul
RANDOM LINGO
Separate The Wheat From The Chaff
(1). To weed out the meat of a presentation (a.k.a. the quote) from all of the marketing fluff.
“This all looks great, Don. But I’m having a little trouble separating the wheat from the chaff here. Can you let me know where I can find the fee? … Oh, there it is – footnote 34 in Appendix K…got it.”
Laugh Test
(1). A gauge of viability of a political candidate’s proposals and/or credentials, generally employed by their opponent and the good people at MSNBC (if a Republican) or Fox News (if a Democrat). Historically, neither candidate passes this test…ever.
“C’mon, David…the math behind Mitt’s budget plan doesn’t pass the laugh test! Now, the President’s plan to spend trillions on programs you’ll never hear from again on the other hand…that’s real change you can believe in!”