Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 197
Samuel Smiles《Thrift》· Thrift · Investing
The next is, never to anticipate uncertain profits by expending them before they are secured. The profits may never come, and in that case you will have taken upon yourself a load of debt which you may never get rid of. It will sit upon your shoulders like the old man in Sinbad.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 197 · Verified:2026-10-19 · Verification:Short excerpt
Today's question
Does this passage change one judgment about money or risk today?
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