A plaque remaining from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem.

Above, a 1934 plaque from the Big Apple Night Club at West 135th Street and Seventh Avenue in Harlem. Discarded as trash in 2006. Now a Popeyes fast food restaurant on Google Maps.

Recent entries:
• “I am presently experiencing life at a rate of several WTFs per hour” (6/4)
• “When someone asks what my dream job is. Literally nothing. Who dreams to have a job…” (6/4)
• “I am currently experiencing life at a rate of several WTFs per hour” (6/4)
• “When the airplane door shuts & the seat next to you is open it feels like you just won the lottery” (6/4)
• “When the flight attendants close the cabin doors and the seat next to you is still empty” (6/4)
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Entry from November 12, 2010
“A pie doesn’t grow through its slicing”

The popular book A Random Walk Down Wall Street (1999) stated: “These studies lend support to the old Wall Street maxim, ‘A pie doesn’t grow through its slicing.’” A pie (wealth) is actually diminished by slicing and dividing it. The origin of the saying is not known.

A similar saying (cited since the 1930s) is: “You cannot multiply wealth by dividing it.”


Google Books
A Random Walk Down Wall Street,
including a life-cycle guide to personal investing
By Burton G. Malkiel
New York, NY: Norton
1999
Pg. 187:
These studies lend support to the old Wall Street maxim, “A pie doesn’t grow through its slicing.”

Google Books
Investment Analysis and Portfolio Management
By Prasanna Chandra
Tata McGraw-Hill
2008
Pg. 23 (Proverbial Investment Wisdom):
A pie doesn’t grow through its slicing.

Posted by Barry Popik
New York City • Banking/Finance/Insurance • (0) Comments • Friday, November 12, 2010 • Permalink