Quote#Success & Failure
The concerns which fail are those which have scattered their capital,…
Quote byAndrew Carnegie · 1835–1919
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Speech to Curry Commercial College of Pittsburgh, Pennsylvania, 23 June 1885.
English (original)
The concerns which fail are those which have scattered their capital, which means that they have scattered their brains also. They have investments in this, or that, or the other, here, there and everywhere. “Don’t put all your eggs in one basket” is all wrong. I tell you "put all your eggs in one basket, and then watch that basket."
— Andrew Carnegie
More from Andrew Carnegie
The man who dies thus rich dies disgraced.
Upon the sacredness of property civilization itself depends—the right of the laborer to his hundred dollars in the savings bank, and equally the legal right of the millionaire to his millions.
Those who would administer wisely must, indeed, be wise, for one of the serious obstacles to the improvement of our race is indiscriminate charity.
"Did you ever sum up these prizes and think how very little the millionaire has beyond the peasant, and how very often his additions tend not to happiness but to misery!"
The problem of our age is the proper administration of wealth, so that the ties of brotherhood may still bind together the rich and poor in harmonious relationship.
Such, in my opinion, is the true Gospel concerning Wealth, obedience to which is destined some day to solve the problem of the Rich and the Poor, and to bring "Peace on earth, among men Good Will."