“Big Mac” (Municipal Assistance Corporation)
"Big Mac" was the nickname of the Municipal Assistance Corporation, created in 1975, during the city's fiscal crisis, to issue bonds. The "Big Mac" name was a pun on…
"Big Mac" was the nickname of the Municipal Assistance Corporation, created in 1975, during the city's fiscal crisis, to issue bonds. The "Big Mac" name was a pun on…
"Bills travel through the mail at twice the speed of checks" is a joke that became popular on the Internet in the 1990s. The joke has been cited in print since at least 1997. The joke is…
This has been printed on many images: "bills: paidbank account: emptyworking: stilladulting: sucksyee: haw" This was posted on Twitter by C Po on July 15, 2018, credited to @_emgrace63…
To be "broke as a joke" is to be very broke -- and that's no joke. The rhyming expression "broke as a joke" has been cited in print since at least 1997. It's not known…
Mike Todd (1909-1958). who produced the film Around the World in Eighty Days and who was married to the actress Elizabeth Taylor, made and lost several fortunes. "I've never been poor,…
Entry in progress -- B.P. Wikipedia: James A. LebenthalJames "Jim" Avram Lebenthal (22 June 1928 – 14 November 2014) was an American business person, specialised in municipal bonds.…
Stock investor John Templeton (1912-2008) is credited with giving this investment wisdom in February 1994: "Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die…
An old Wall Street proverb says that the stock market "climbs a wall of worry" to march into bullish territory. The "wall of worry" phrase is cited in print from at least the…
The investment firm of Merrill Lynch is symbolized by the bull, representing a bull market. Its famous ad campaign stressed that Merrill Lynch is "bullish on America." Wikipedia: Merrill…
An old Wall Street saying has it that the bulls can make money and the bears can make money, but the pigs (hogs) always lose. A "pig" or "hog" is someone who wants to make a…
"Buy 'em when they're sleepin', hold 'em when they're creepin', sell 'em when they're leapin'" is a rhyming investment strategy to buy an…
"Buy in gloom, sell in boom" is almost a combination of the investment proverbs "buy low, sell high" and "buy when there's blood in the streets." The proverb is…
"Buy land -- they're not making any more of it" is a statement that has been attributed to folk humorist Will Rogers (1879-1935) since the 1960s. The saying -- like almost all…
"Buy low and sell high" is a sure way to make money. The exact origin of the saying is unknown, but the concept is simple enough. The "buy low" (or, "buy at a low…
"Buy on the rumor, sell on the news" is a Wall Street proverb that dates at least to the 1950s. A slight variation -- "Buy on the rumor, sell on the fact" -- is cited in print…
"Buy cheap, sell dear" is a popular proverb from the 16h century. Through jocular malapropism, this saying becomes "buy sheep, sell deer." The following joke was cited in print…
In his syndicated column of November 1, 1929 (appearing in the New York Times and other newspapers), humorist Will Rogers (1879-1935) reflected on the recent stock market crash and said:…
"Buy straw hats in the winter" (out of season, when the prices are cheapest) is an old Wall Street proverb that's usually credited to financier Russell Sage (1816-1906). Another…
"Buy the book before you buy the coin" is a coin collecting adage. There are many coin collecting books that provide prices and other information. The saying is similar to Wall…
"Buy low, sell high" is an old Wall Street maxim on how to make money. This often means to "buy on the dips" (or "buy on dips" or "buy the dips," meaning to…