The Secret of Blue Chips

In the stock market, large, high-quality stocks with excellent performance and financial structure are called 'Blue Chips'. However, the origin of this term surprisingly comes from the gambling world. In 1920s American poker games, white, red, and blue chips were used, with the blue chip being the most valuable. It's said that a reporter for Dow Jones at the time saw stocks priced over $200 and likened them to 'the blue chips of poker,' which became the origin. Ironically, a term that signified the highest value in a risky gambling game has become synonymous with the safest and most reliable stocks in the stock market.