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Stocks traded in eighths of a point until the 2000s, when stock exchanges such as the New York Stock Exchange and American Stock Exchange switched to decimal pricing. A Wall Street saying was that…
"If you're not at the table, you're on the menu" (or, "You're either at the table or on the menu") means that if you're not at the (bargaining) table, then…
"To know and not to do is not to know" has been credited to Chinese philosopher Wang Yangming (1472-1529). The phrase appears cited with frequency in English from 1977, and has been a…
Brooklyn's James Madison High School was dubbed "Horndog High" by the New York (NY) Daily News in December 2009, after two language teachers were caught by a janitor for apparently…
A "kitchenista" is someone who loves to be in the kitchen. The term uses the same derivative ending ("-ista") as the popular term "fashionista" from the 1990s;…
"Up a staircase, down an elevator" means that a market rises slowly (stairs) and falls quickly (elevator). The saying has been cited in print since at least 2007. A similar saying is:…
Entry in progress -- B.P. MediaiteCNN’s Ed Henry Won’t Let Robert Gibbs Pass on ‘Deem and Pass’by Tommy Christopher | 3:41 pm, March 16th, 2010The House Democrats’ procedural “Deem and…
An old burlesque gag is: "Q. What's the difference between roast beef and pea soup? A. You can roast beef (but you can't pee soup)." The joke is also given as: "Q.…
Both Poland and Russia claim this capitalism/communism joke in 1958. From Journey to Poland and Yugoslavia (1958) by John Kenneth Galbreath: "Do you know the difference between capitalism and…
Entry in progress -- B.P. Wikipedia: Al SmithAlfred Emanuel Smith, Jr. (December 30, 1873 – October 4, 1944), known in private and public life as Al Smith, was an American politician who was…
"Teatard" [TEA (Taxed Enough Already) party participant + retard] is an epithet used against the anti-tax, pro-smaller government "tea party" rallies that were popularized on…
Timing the stock market is a tricky thing to do. "In the stock market, there's a fine line beween being wrong and being early" (or, "In the stock market, there's a fine…
"Dimocrat" (dim + Democrat, also lowercase "dimocrat") is a derogatory nickname for a member of the Democrat party. "Dimocrat" is cited in print since at least June…
Entry in progress -- B.P. 1 July 1926, Seattle (WA) Daily Times, "Bo-Broadway" by Can Raalte, pg. 6, col. 4:The one thing in this world older than yesterday's newspaper is a…
"Overnight is a long time (in politics) and a week is forever" has been said by television news journalist Dan Rather many times since at least 1983. Some of Rather's statements…
Entry in progress -- B.P. Wikipedia; Chartist (occupation)A chartist (also known as a technical trader or technical analyst) is one who utilizes charts to assess patterns of activity that might be…
The term "to make a killing in the (stock) market" means "to make a lot of money" and dates to at least 1913. A joke with the term "market" surfaced by 1956:…
"Now is always the most difficult time to invest" is an investment adage, with the joke being that it is always "now" and always a difficult time. Charles Welles Buek, an…
Bouck White's The book of Daniel Drew (1910) is a semi-fictional biography that is sometimes mistaken for an autobiography of American financier Daniel Drew (1797-1879). The book contains two…
James Dines, editor of The Dines Letter (online investment advice), said in 1983: "If you hear that everybody is buying a certain stock, ask who is selling." The investment saying has…