Investing · Entrepreneur memoirs
Samuel Smiles:Thrift, Excerpt 454
Samuel Smiles《Thrift》· Thrift · Investing
John Crossley, the founder of the firm, has observed, that in the course of his life he was a keen observer of men and things. He says he noticed many of the failures of his neighbours in bringing up their children. Some fathers were so strict with their children, keeping them so constantly at home, and letting them see so little of the world in which they lived, that when the fathers died and the children were removed from all restraint, they came forth into the world like calves, and found everything entirely different from what they expected. Such unguided young persons, Mr. Crossley found, soon became wild, lost, and ruined. Then he observed the opposite extreme,--where the fathers indulged their children so much, that they became quite unfitted to endure the hardships of the world,--and, like a vessel that is sent to sea without a helm, they soon became stranded on the shores of life.
Source:
https://www.gutenberg.org/ebooks/14418
Locator:Excerpt 454 · Verified:2026-10-19 · Verification:Short excerpt
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Does this passage change one judgment about money or risk today?
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