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 Popeye's fast food restaurant on Google Maps.

Recent entries:
“If I ever win the lottery, nobody around me will be poor. I will move to a rich neighborhood” (9/21)
“Three programmers walk into a bar…” (bar joke) (9/21)
“They don’t have to say it’s martial law if they call it a quarantine” (9/20)
“I met my wife on Tinder. That was awkward” (9/20)
“Quarantine is a safe word for martial law” (9/20)
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 March 24, 2010
“Return of principal is more important than return on principal”

Entry in progress—B.P.

29 April 1997, Providence (RI) Journal, “Out-of-state banking requires care” by Neil Downing, pg. E1:
“It’s the old Will Rogers maxim: Return of principal is more important than return on principal.”

Daily Markets
Three Things Your Investments Must Do
By Nilus Mattive on March 24, 2010
(...)
An old Wall Street saying is that investors should care more about a return OF their principal than a return ON their principal. Yet how many people really think about risk very much? A small percentage.

Posted by Barry Popik
New York CityBanking/Finance/Insurance • (0) Comments • Wednesday, March 24, 2010 • Permalink