“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…
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…
“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…
"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…
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.…
"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…
"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…
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…
"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…
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…
"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…
John Sawyer Carroll (1942-2015) of the Baltimore (MD)
"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…
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…
Entry in progress -- B.P. MinyanvilleRandom Thoughts: Aren't The Toughest Fades The Best Trades?By Todd Harrison Nov 20, 2007 12:44 pm(...)•Aren't the toughest fades the best trades?…
Entry is progress -- B.P. 18 July 1983, American Banker:At the Geldermann Group, the sage advice was not to fight the markets. "The trend is your friend," analysts there advised their…
Margaret Thatcher was Prime Minister of the United Kingdom from 1979-1990 and Leader of the Conservative Party from 1975-1990. In a speech to the Conservative Party Conference on October 10, 1975,…
A common saying in the boating world is that the two happiest days in a man's life are when he buys a boat (especially a yacht) and when he sells it. When a person buys a boat or a yacht, the…
"The two most important things about money are, to make it first, then make it last" is a popular saying about money. "For, having to make it first, they had to make it last"…
"The U.S. dollar is the best-looking horse in the glue factory" is a statement that has been used by many American financial leaders. A glue factory is where old, sick horses go to die;…
"Then I fumbled in my closet through my clothes and found my cleanest dirty shirt" is a lyric in the country song "Sunday Mornin' Comin' Down." written by Kris…