Title: Fatty and Skinny: A Joint Training Method of Watermark Encoder and Decoder. Abstract: Watermarks have been used for various purposes. Recently, researchers started to look into using them for deep neural networks. Some works try to hide attack triggers on their adversarial samples when attacking neural networks and others want to watermark neural networks to prove their ownership against plagiarism. Implanting a backdoor watermark module into a neural network is getting more attention from the community. In this paper, we present a general purpose encoder-decoder joint training method, inspired by generative adversarial networks (GANs). Unlike GANs, however, our encoder and decoder neural networks cooperate to find the best watermarking scheme given data samples. In other words, we do not design any new watermarking strategy but our proposed two neural networks will find the best suited method on their own. After being trained, the decoder can be implanted into other neural networks to attack or protect them (see Appendix for their use cases and real implementations). To this end, the decoder should be very tiny in order not to incur any overhead when attached to other neural networks but at the same time provide very high decoding success rates, which is very challenging. Our joint training method successfully solves the problem and in our experiments maintain almost 100\% encoding-decoding success rates for multiple datasets with very little modifications on data samples to hide watermarks. We also present several real-world use cases in Appendix.