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:
•“The ‘W’ in Wednesday stands for wine” (4/24)
•“Reminder: Communism is when ugly deformed freaks make it illegal to be normal then rob and/or kill all successful people…” (4/24)
•“Communism is when ugly deformed freaks make it illegal to be normal then rob and/or kill all successful people…” (4/24)
•“Boss: You we’re gone 7 hours to smoke? Me: It was a brisket.” (4/24)
•“This lady just asked the waitress if the salmon was grass fed. I literally have no idea what went wrong in the world” (4/24)
More new entries...

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z


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 • Friday, November 12, 2010 • Permalink


Commenting is not available in this channel entry.