Cornelius Vanderbilt — "Any fool can make a fortune; it takes a man of brains to hold onto it."
Any fool can make a fortune; it takes a man of brains to hold onto it.
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More from Cornelius Vanderbilt
"I hate debt."
"I am not afraid of my enemies, but by God, you must look out when you get among your friends."
"I don't like to compromise."
"I'm not afraid of the law. I'm not afraid of the public. I'm not afraid of anything. I'm just afraid of being poor."
"I don't want to go to heaven; I want to go to New York."
About Cornelius Vanderbilt (1794-1877)
American shipping and railroad magnate whose New York Central railroad and aggressive consolidation built the largest fortune in 19th-century America. Closely associated with John D. Rockefeller (later Gilded Age titan who learned the consolidation playbook). For an intellectual contrast, see Jay Gould, railroad speculator (1836-1892) — Vanderbilt built and ran railroads; Gould watered stock and manipulated markets. Their Erie Railroad rate-war and Gould's Black Friday (1869) gold-corner schemes were the public foil to Vanderbilt's quieter operational consolidation. The cleanest 'industrialist vs speculator' Gilded Age pairing.
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An unexpected piece of wisdom, highlighting the importance of stewardship over mere accumulation.
Date: Unknown
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