Investing · Entrepreneur memoirs

Samuel Smiles:Thrift, Excerpt 405

Samuel Smiles《Thrift》· Thrift · Investing

It is true, the great manufacturers have become wealthy. But it would certainly have been singular if, with their industry, energy, and powers of organization, they had become poor! Men of the stamp of the Strutts, Ashworths, Marshalls, and others, do not work for wealth merely, though wealth comes to them. They have not become great because they were rich, but they have become rich because they were great. Accumulations of wealth are the result of exceptional industry, organization, and thrift, rather than of exceptional gain. Adam Smith has said: "It seldom happens that great fortunes are made by any one regularly-established and well-known branch of business, but in consequence of a long life of industry, frugality, and attention."

Source: https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 405 · 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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