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January 12, 2016
Banking/Finance/Insurance

“The patron saint of poverty is St. Nickeless”

Saint Nicholas (sometimes called Santa Claus) had a pun on his name cited in 2006: "Does Santa have any money?""No. That's why they call him St. Nickeless!" A pun went…

July 22, 2019
Banking/Finance/Insurance

“The person who doesn’t know where his next dollar is coming from…”

"The person who doesn't know where his next dollar is coming from usually doesn't know where his last one went" is a financial saying that has been printed on many images.…

September 17, 2011
Banking/Finance/Insurance

“The price of gold is understood by exactly two people in the entire world—and they disagree”

A popular banking anecdote has Baron Rothschild saying that only two men in the entire world understand gold, money and the financial system. One man is a director of the Bank of England and the…

November 13, 2008
Banking/Finance/Insurance

“The public is right during the trends, but wrong at both ends” (Wall Street adage)

Humphrey Bancroft Neill (1895-1977), the "Vermont ruminator," was a stock market contrarian, as expressed in his book, The Art of Contrary Thinking (1954). He wrote: "The public is…

April 7, 2016
Banking/Finance/Insurance

“The reward for saving your money is being able to pay your taxes without borrowing”

"The reward for saving your money is being able to pay your taxes without borrowing" is a jocular line that's popular at tax time. "The master farmer is the farmer who can pay…

July 4, 2014
Banking/Finance/Insurance

“The rich have advantages that money cannot buy”

American economist Larry Summers wrote an opinion in the Financial Times on June 8, 2014, titled "The rich have advantages that money cannot buy." Summers pointed out that income…

May 11, 2013
Banking/Finance/Insurance

“The rich invest in time, the poor invest in money”

“The rich invest in time, the poor invest in money" is almost always credited to American investor Warren Buffett, but it's uncertain if the widely quoted ( and well-cited) Buffett said…

February 19, 2018
Banking/Finance/Insurance

“The richer you get, the more expensive happiness becomes”

"The richer you get, the more expensive happiness becomes" is a one-line saying that has been printed on many images. The saying means that one must have more expensive toys the richer…

April 30, 2006
Banking/Finance/Insurance

“The Right Way to Invest” & Fireman’s Carry symbol (Oppenheimer Funds)

Oppenheimer Funds is now owned by the Massachusetts Mutual Life Insurance Company (MassMutual), but Oppenheimer maintains a presence at Two World Financial Center, 225 Liberty Street.…

November 19, 2012
Banking/Finance/Insurance

“The safest way to double your money is to fold it over once and put it in your pocket”

"The safest way to double your money is to fold it over once and put it in your pocket" is a popular saying and a response to shady financial operators who promise to "double your…

October 30, 2024
Banking/Finance/InsuranceBuildings/Housing/ParksHolidays/Events/Parades

“The scariest part of Halloween is knowing my rent is due the next day”

Halloween is October 31st, and the next day is November 1st. Bills are often due on the first of a month. This was posted on X/Twitter by 🦋@simplylay on October 30, 2022, and this received over…

October 30, 2024
Banking/Finance/InsuranceBuildings/Housing/ParksHolidays/Events/Parades

“The scariest thing about Halloween is that rent due at midnight”

Halloween is October 31st, and the next day is November 1st. Bills are often due on the first of a month. This was posted on X/Twitter by 🦋@simplylay on October 30, 2022, and this received over…

November 27, 2012
Banking/Finance/Insurance

“The seven ages of man are spills, drills, thrills, bills, ills, pills and wills”

"The seven ages of man are spills (a baby -- ed.), drills (a child -- ed.), thrills (an adolescent -- ed.), bills (a parent -- ed.), ills (middle age -- ed.), pills (old age -- ed.) and wills…

October 18, 2008
Banking/Finance/Insurance

“The stock market abhors uncertainty” & “Money runs from uncertainty” (Wall Street adage)

An old Wall Street saying has it that the markets can handle good and bad times, but that "the stock market abhors uncertainty." The origin of the saying is unknown, but it is cited in…

March 23, 2010
Banking/Finance/Insurance

“The stock market has spoiled more appetites than bad cooking”

"The stock market has spoiled more appetites than bad cooking" is a slightly incorrect quotation by humorist WIll Rogers (1879-1935). The actual quote, recorded in a newspaper on November…

March 23, 2015
Banking/Finance/Insurance

“The stock market is a barometer of business”

It's often said that "the stock market is a barometer of business." "The stock market is the true barometer" was cited in 1851. "The stock market is a barometer by…

November 24, 2008
Banking/Finance/Insurance

“The stock market trades to inflict the maximum amount of pain”

"The stock market trades to inflict the maximum amount of pain" is an infrequently used Wall Street adage. Andy Kessler has mentioned in at least twice in print (including in a November…

June 14, 2015
Banking/Finance/Insurance

“The stock price is a hollow god”

John Sawyer Carroll (1942-2015) of the Baltimore (MD)

February 12, 2011
Banking/Finance/InsurancePets (Dogs, Cats, Horses)

“The sun don’t shine on the same dog’s butt every day” (investment proverb)

"The sun doesn't/don't shine on the same dog's ass/back/butt/eyes/tail every day/all the time/forever" means that one can't expect to get lucky and have some nice…

October 9, 2008
Banking/Finance/Insurance

“The tape tells the story” (Wall Street proverb)

Wall Street used to receive stock quotations from ticker tape, roughly from 1867-1960s. The expression "The tape tells the story" is cited in print from at least 1896. The once-popular…

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BARRY POPIK is a contributor to the Oxford English Dictionary, Dictionary of American Regional English, Historical Dictionary of American Slang, Yale Book of Quotations and Dictionary of Modern Proverbs. Since 1990 he has also been a regular contributor to Gerald Cohen's Comments on Etymology.

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