Investing · Western classics
Adam Smith:The Wealth of Nations, Book V, Chapter II, Paragraph 1957
Adam Smith《The Wealth of Nations》· Book V, Chapter II · Investing
The revenue or profit arising from stock naturally divides itself into two parts; that which pays the interest, and which belongs to the owner of the stock; and that surplus part which is over and above what is necessary for paying the interest.
Source:
https://www.gutenberg.org/ebooks/3300
Locator:Book V, Chapter II, paragraph 1957 · Verified:2026-10-19 · Verification:Exact match
This is a direct reading: the original and source are kept; commentary will be added later.
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Does this passage change one judgment about money or risk today?
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