Jay Leno: Bargain Investing at Walmart
on Tuesday, December 28, 2010Jay Leno Funny Money Quote saying that investment in the stock market is comparable to big box store discounts in a flagging economy. Jay Leno said:
“Do you have any idea how cheap stocks are? Wall Street is now being called Wall Mart Street” — Jay Leno
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In this quote, Jay Leno is making a humorous comparison between Wall Street and Walmart to comment on falling stock prices. Specifically:
- He rhetorically asks how inexpensive stocks have become, implying they are currently quite affordable.
- Leno then jokes that Wall Street is now being nicknamed “Wall Mart Street” – a play on the name of the retail giant Walmart.
This nickname suggests that just like Walmart aims to offer everyday low prices, Wall Street stocks during this period had also become very cheap and widely accessible for individual investors.
The overall message is that through his trademark comedic style, Leno aimed to lightheartedly call attention to stock market conditions at a time when share values appeared to be quite low, making the prospect of investing more attainable for ordinary Americans. It’s a characteristically witty observation on economic trends.