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 Milky Way is a hard place to be if you’re galactose-intolerant” (6/5)
“Since nobody reads the 5,000 page bills. let’s slip in ‘term limits‘“ (6/5)
“Since nobody reads the 5,592 page bills, let’s slip in ‘term limits‘“ (6/5)
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Entry in progress—BP (6/5)
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Entry from October 08, 2008
“Don’t confuse brains with a bull market” (Wall Street adage)

Entry in progress—B.P.

Google Books
The Wheeler Dealers
By Adam Smith
New York, NY: Bantam Books
1969, ©1959
Pg. 176:
Son, when the market is goin’ up everybody looks smart. Never confuse brains with a bull market.

2 December 1980, Chicago (IL) Tribune, “Money Management” by William Gruber, pg. C3:
A WELL-KNOWN Wall Street stock analyst says his boss is wearing a button these days reading, “Don’t confuse brains with a bull market.”

Google Books
Life and Death on the Corporate Battlefield:
How Companies Win, Lose, Survive

By Paul Solman and Thomas Friedman
New York, NY: Simon and Schuster
Pg. 207:
But Dean LeBaron has a button he keeps on his desk. It reads: “DON’T CONFUSE BRAINS WITH A BULL MARKET.”

24 March 1986, Doylestown (PA) Daily Intelligencer, pg. 15, col. 1:
In any event, he concluded, one old Wall Street maxim certainly applies: “Don’t confuse brains with a bull market.”

14 March 1987, New Mexican (Santa Fe, NM), “Taking stock” by Michael Armstrong, pg. C1, col. 1:
“Don’t confuse brains with a bull market.”—Humphrey Neill.

New York (NY) Times
Mutual Funds; An Old-Timer Suddenly a Star
Published: January 12, 1992
William M. B. Berger, a Denver money manager with a superb five-year record, was discovered by investors in 1991, and his biggest fund’s assets increased more than tenfold.
The 66-year-old money manager takes all of this in stride. Last spring, he handed out buttons to his staff that read: “Don’t Confuse Brains With the Bull Market.”

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, October 08, 2008 • Permalink