Gee, I hope nobody asks me what derivative trading is all about. I didn't know 14 years ago, when this cartoon appeared, and I still don't know.
Yes, this was a time when unsolicited takeover offers were coming across the door just like this . . . well, figuratively anyway, but not literally.
The “Peter Principle” — that would be the one that goes something like “In an organiization, every employee tends to rise to his level of incompetence.” How true, how true– but as far as I know, no one has ever named a syndrome after it.
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