Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 257

Samuel Smiles《Thrift》· Thrift · Investing

In a country such as this, where business is often brought to a standstill by over-trading and over-speculation, many masters, clerks, and workpeople are thrown out of employment. They must wait until better times come round. But in the meantime, how are they to live? If they have accumulated no savings, and have nothing laid by, they are comparatively destitute.

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 257 · 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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