Banking

Geek Trivia: The Quibble of the Week for Aug. 26, 2008

This week's quibble comes from the Aug. 19, 2008 edition of Geek Trivia, "To live in (compound) interesting times." TechRepublic member RealGem dinged Jay Garmon for poor use of fiduciary nomenclature regarding profits illustrated by the Dow Jones Industrial Average.

If you uncover a questionable fact or debatable aspect of this week's Geek Trivia, just post it in the discussion area of the article. Every week, yours truly will choose the best quibble from our assembled masses and discuss it in a future edition of Geek Trivia.

This week's quibble comes from the Aug. 19, 2008 edition of Geek Trivia, "To live in (compound) interesting times." TechRepublic member RealGem dinged me for poor use of fiduciary nomenclature regarding profits illustrated by the Dow Jones Industrial Average:

"Since these are stocks, they don't earn interest per se. Bonds earn interest. Stocks provide you with dividends and capital gains. It would be more accurate to say 'rate of return' when referring to stocks."

Duly noted. Thanks for the quibble, and keep them coming.

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About Jay Garmon

Jay Garmon has a vast and terrifying knowledge of all things obscure, obtuse, and irrelevant. One day, he hopes to write science fiction, but for now he'll settle for something stranger — amusing and abusing IT pros. Read his full profile. You can a...

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