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
"The time to buy is when there's blood in the streets."
"I hate debt."
"I'd rather have a dollar in my pocket than a hundred in the bank."
"The only way to succeed is to work harder than anyone else."
"I'm too big a fellow to live in Staten Island. My name means something in Wall Street."
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.
Details
An unexpected piece of wisdom, highlighting the importance of stewardship over mere accumulation.
Date: Unknown
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Found in 1 providers: gemini
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