Investing · Western classics
Adam Smith:The Wealth of Nations, Book IV, Chapter II, Paragraph 1048
Adam Smith《The Wealth of Nations》· Book IV, Chapter II · Investing
First, every individual endeavours to employ his capital as near home as he can, and consequently as much as he can in the support of domestic industry, provided always that he can thereby obtain the ordinary, or not a great deal less than the ordinary profits of stock.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book IV, Chapter II, paragraph 1048 · 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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