No, “financial humor” not an oxymoron! There’s plenty of humor in the world of finance and investments. Here is something from WSJ.com that made us laugh out loud:
The billionaire in the headline is John Paulson, a famous hedge fund manager. The headline alone sounds like something out of The Onion, but the column itself is hilarious and has a great paragraph:
“Alison Fox for WSJ’s Metropolis reports the Occupy Wall Street protesters have skipped over Paulson’s house. It was a little too far astray from their chosen route, it seems. Oh, and our Metropolis team is having trouble finding anyone in the crowd who has even heard of Paulson. That hurts.”
Now for the good news: Railroads pull cars out of storage, from Random Lengths, a most useful website to cover business for one of our newspaper clients. “Class I railroads in the U.S. and Canada pulled 11,087 cars out of sidings and other storage areas in September, for the largest drawdown of the idled car fleet since March,” the item says.
Unfortunately, it’s not all good news. The last sentence in the RL item notes that, “[The Association of American Railroads] said 260,317 railcars, or 17.1% of the total fleet of available equipment, were still idle across the continent as of October 1, having gone at least 60 days without a revenue-generating load.”
Still, these tiny, little signs are making us cautiously optimistic.