John D. Rockefeller：Random Reminiscences of Men and Events, Excerpt 69

Then, again, we had the type of man who really never knew all the facts about his own affairs. Many of the brightest kept their books in such a way that they did not actually know when they were making money on a certain operation and when they were losing. This unintelligent competition was a hard matter to contend with. Good old-fashioned common sense has always been a mighty rare commodity. When a man's affairs are not going well, he hates to study the books and face the truth. From the first, the men who managed the Standard Oil Company kept their books intelligently as well as correctly. We knew how much we made and where we gained or lost. At least, we tried not to deceive ourselves.

Source： https://www.gutenberg.org/ebooks/17090
Locator：Chapter III, excerpt 69 · Verified：2026-10-19 · Verification：Short excerpt

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