“Poor people are crazy; rich people are eccentric”
A poor person who acts different is said to be "crazy," but a rich person who acts different is merely "eccentric" -- a small personality quirk. The book Majority of One (1957),…
“Poverty is hereditary – you get it from your children”
Entry in progress -- B.P. Wikipedia: Phyllis DullerPhyllis Ada Driver (July 17, 1917 – August 20, 2012), better known as Phyllis Diller, was an American stand-up comedian, actress and voice…
“Poverty is not a disgrace, but it’s terribly inconvenient”
"Poverty is not a disgrace, but it's terribly inconvenient" is a modern form of a very old saying. "Never be ashamed of thy calling, for Pouertie is no vice, though it be an…
“Price action makes market commentary”
"Price action makes market commentary" has been a catchphrase of Bill Murphy, a chairman and director of the Gold Anti-Trust Action Committee (GATA), since at least 2000. A price move in…
“Prices lead fundamentals” (Wall Street adage)
Paul Tudor Jones II, the founder of Tudor Investment Corporation, said in Jack D. Schwager's Market Wizards: Interviews with Top Traders (1989): "I always believe that prices move first…
“Problem with banker jokes - bankers don’t think they’re funny and others don’t think they’re jokes”
A joke is told about lawyer jokes: "The trouble with lawyer jokes is that lawyers don't think they're funny, and nobody else thinks they're jokes." This joke about lawyer…
“Profit is not a four-letter word”
"Profit is not a four-letter word" is a slogan defending capitalism. The saying means that making money is not inherently a bad thing. "Profit is not a four-letter word" dates…
“Profits are an opinion, cash is a fact”
"Profits are an opinion, cash is a fact" (or "Profit is an opinion, cash is a fact" or "Earnings are an opinion, cash is a fact") is cited in print from the early…
“Profits are the mother’s milk of stocks”
"Profits are the mother's milk of stocks" is a Wall Street adage popularized by American business author, columnist, and television host Lawrence Kudlow. Kudlow has used the saying…
“Put 10% of your portfolio in gold and hope it doesn’t work” (investment adage)
Entry in progress -- B.P. 14 April 1989, The Gleaner (Kingston, Jamaica), "The thing with the bad rep is gold" by Robert Heier (Copley News Service), pg. 23, cols. 1-2:Byron R. Wien of…
“Put a little money away every month and at the end of the year ...” (joke)
Banks often say to save a little bit of money from every paycheck, and that it will accumulate into a nice amount. "Put a little money away every month at end the end of the year you'll…
“Put all your eggs in the one basket and—WATCH THAT BASKET”
"Don't put all your eggs in one basket" is an old proverb. Industrialist Andrew Carnegie (1835-1919) said in an 1885 speech that this was not the way to business success:…
“Quant is another word for wild fucking guess with math”
Mike "Wags" Wagner of Axe Capital said on the Showtime television series Billions, on the episode "A Generation Too Late" that aired on April 8, 2018: "Quant is another…
“Rearranging the deck chairs on the Titanic” (a futile or pointless activity in a losing situation)
"Rearranging deck chairs on the Titanic" is a metaphor for making cosmetic changes in an ultimately failing endeavor. The phrase is used often in business, politics and sports. The…
“Recessions catch what auditors miss”
"Recessions catch what the auditors miss" is a saying often attributed to economist John Kenneth Galbraith (1908-2006), and he did say that in a July 2002 interview. However,…
“Remember when global banking cartels screwing over the world was a conspiracy theory?”
"Remember when global banking cartels screwing over the world was a conspiracy theory?" was posted on Twitter by Ricardo Nester, and later on Facebook by Constellation COC on April 24,…
“Rent, Bills, Cinco De Mayo, Mother’s Day, and Memorial Day weekend… Who Tf put this month together?”
"Rent, Bills, Cinco De Mayo, Mother's Day, and Memorial Day weekend… Who Tf put this month together?" is a May saying that has been printed on many images. "Cinco de mayo,…
“Retirement isn’t an age, it’s a financial number”
"Retirement isn't an age, it's a (financial) number" is a favorite saying of American personal finance expert Chris Hogan, who wrote the book Retire Inspired: It's not an…
“Retirement isn’t an age, it’s a financial situation”
"Retirement isn't an age, it's a (financial) number" is a favorite saying of American personal finance expert Chris Hogan, who wrote the book Retire Inspired: It's not an…
“Retirement isn’t an age, it’s a financial state”
"Retirement isn't an age, it's a (financial) number" is a favorite saying of American personal finance expert Chris Hogan, who wrote the book Retire Inspired: It's not an…