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:
•“Welcome to growing older. Where all the foods and drinks you’ve loved for years suddenly seem determined to destroy you” (4/17)
•“Date someone who drinks with you instead of complaining that you drink” (4/17)
•“Definition of stupid: Knowing the truth, seeing evidence of the truth, but still believing the lie” (4/17)
•“Definition of stupid: Knowing the truth, seeing the evidence of the truth, but still believing the lie” (4/17)
•“Government creates the crises so it can ‘rescue’ you with the loss of freedom” (4/17)
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Entry from March 25, 2010
“If you hear that everybody is buying a certain stock, ask who is selling”

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 appeared in many quotations collections.
 
         
Investment Trivia/ Stock Market Trivia/ Wall Street Trivia
More Famous Investment Quotations
“If you hear that everybody is buying a certain stock, ask who is selling.” James Dines, Investment newsletter writer (1935- )
 
15 April 1985, Orlando (FL) Sentinel, “Understand the risks—before you invest” by Dick Marlowe, special section, pg. 6:
And the more modern-day financial wizard James Dines said, “If you hear that everybody is buying a certain stock, ask who is selling.”
 
Google Books
The New Official Rules:
Maxims for muddling through to the twenty-first century
By Paul Dickson
Reading, MA: Addison-Wesley Publishing Company
1989
Pg. 62:
Dines’s Reminder. If you hear that everybody is buying a certain stock, ask who is selling.
—James Dines, quoted in the Baltimore Sun, November 9, 1983

Posted by Barry Popik
New York City • Banking/Finance/Insurance • Thursday, March 25, 2010 • Permalink


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