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(1). To only execute a portion of an investment plan, just in case your recommendations end up sucking.
“Given the markets lately, I’d like to keep some powder dry in case we see a tactical move we’d like to make down the road. That’s okay, I’m not really sure I understand what I just said either…”
(1). All of that “standard” mumbo jumbo lawyers stick into contracts and other legal documents, usually without thought and often with negative consequences.
“Okay, so Frank, you agree that if you and Rachel get divorced, you need to pay her blah, blah, blah … then blah, blah, blah … you can just skip past pages 3 through 78, it’s all just a bunch of boilerplate legal stuff. If you could just sign on page 79, we can still make our reservation at Le Bernardin.”
(1). A rough calculation or estimate.
“Hey, Joel…I’ve got a meeting in twenty. Can you get me the average annual fees on the Johnson account since inception. Just give me the quick and dirty.”
Props to Mark R. for the submission.
(2). An excuse to do sloppy work on grounds that the work product will only be used once or temporarily, when in fact it will immediately become a fundamental piece of the organization’s infrastructure.
“Yeah, I could’ve stayed all night working on this thing, but since they’re only going to use it for talking points, I just did the quick and dirty.”
Props to Mike S. for the submission.
