A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006.

Recent entries:
“Where do construction workers go to drink?"/"The Rebar.” (10/16)
“I’m gonna be a Social Justice Warrior for Halloween” (joke) (10/16)
“I threw a boomerang at a ghost the other day. I knew it would come back to haunt me” (10/16)
Entry forthcoming—B.P. (10/16)
“What’s a police officer’s favorite gaming console?"/"WII U WII U WII U WII U WII U WII U.” (10/16)
More new entries...

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Entry from March 24, 2010
“Return of principal is more important than return on principal”

Entry in progress—B.P.

29 April 1997, Providence (RI) Journal, “Out-of-state banking requires care” by Neil Downing, pg. E1:
“It’s the old Will Rogers maxim: Return of principal is more important than return on principal.”

Daily Markets
Three Things Your Investments Must Do
By Nilus Mattive on March 24, 2010
(...)
An old Wall Street saying is that investors should care more about a return OF their principal than a return ON their principal. Yet how many people really think about risk very much? A small percentage.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, March 24, 2010 • Permalink