Investing · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter VII, Paragraph 149

Adam Smith《The Wealth of Nations》· Book I, Chapter VII · Investing

Though the price, therefore, which leaves him this profit, is not always the lowest at which a dealer may sometimes sell his goods, it is the lowest at which he is likely to sell them for any considerable time; at least where there is perfect liberty, or where he may change his trade as often as he pleases.

Source: https://www.gutenberg.org/ebooks/3300
Locator:Book I, Chapter VII, paragraph 149 · Verified:2026-10-19 · Verification:Exact match

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

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