“Life is like a doughnut. You’re either in the dough or in the hole”

“Life is like a doughnut. You’re either in the dough or in the hole” is a saying that has been printed on many images. “In the dough” means in the money, and “in the hole” means out of money.
     
“‘Life is like a doughnut—you’re either in the dough or in the hole.’—Andy Kaufman” was printed in “Celebrity Cipher” in Daily Facts (Redland, CA) on September 21, 1982. Andy Kaufman (1949-1984), an American entertainer and performance artist, was not known for sayings like this. Authorship is uncertain.
 
     
Newspapers.com
21 September 1982, Daily Facts (Redland, CA), “Celebrity Cipher,” pg. 11, col. 1:
PREVIOUS SOLUTION: “Life is like a doughnut—you’re either in the dough or in the hole.”—Andy Kaufman
 
Newspapers.com
26 January 1983, Queen City Mail (Spearfish, SD), “Support Ski for Light” by Bill Kunerth, pg. 2, col. 1:
A quotable quote comes from the Cedar Rapids (Neb.) Press, as they point out that, “Life is like a doughnut, You’re either in the dough, or in the hole.”
   
Google Groups: alt.humor.jewish
^0_0^ Oneliners
Renee
Apr 5, 2005, 7:04:46 AM
(...)
Life is like a doughnut: you’re either in the dough or in the hole
 
Twitter
Pepper
@pepper54319
RT @libertygirl3: Life is like a doughnut. You’re either in the dough or in the hole.  TeeHee
11:13 PM · Aug 7, 2009·Twitter Web Client
   
Google Books
5,000 Great One Liners
Compiled by Grant Tucker
London, UK: Biteback Publishing
2012
Pg. ?:
Life is like a doughnut. You’re either in the dough or in the hole.
 
Twitter
Jim Hammer (KO9T)
@hammer51012
Life is like a doughnut. You’re either in the dough or in the hole.
5:05 AM · Jan 10, 2021·Twitter for iPhone
 
Facebook
Indian Hills Community Sign
June 18, 2022 at 1:01 PM ·
LIFE IS LIKE A
DOUGHNUT
YOU’RE EITHER
IN THE DOUGH
OR IN THE HOLE