Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 214

Samuel Smiles《Thrift》· Thrift · Investing

Most men have it in their power, by prudent arrangements, to defend themselves against adversity, and to throw up a barrier against destitution. They can do this by their own individual efforts, or by acting on the principle of co-operation, which is capable of an almost indefinite extension. People of the most humble condition, by combining their means and associating together, are enabled in many ways to defend themselves against the pressure of poverty, to promote their physical well-being, and even to advance the progress of the nation.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 214 · 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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