P.T. Barnum was a genius
Apr 13, 2003
“Money is in some respects like fire; it is a very excellent servant but a terrible master. When you have it mastering you; when interest is constantly piling up against you, it will keep you down in the worst kind of slavery. But let money work for you, and you have the most devoted servant in the world. It is no “eye-servant.” There is nothing animate or inanimate that will work so faithfully as money when placed at interest, well secured. It works night and day, and in wet or dry weather.”
I’ve just read P.T. Barnum’s “Art of Money Getting”, and I was amazed at the simple wisdom contained within the chapters - wisdom that is entirely relevant today. For example, he cautions against “Outside Operations” - basically things like the Nigerian scams, or junk bonds, etc. The text is filled with intelligent, simple observations from the 1800s that resonate very strongly with me.
I recommend anyone who sees this to read Barnum’s text - or at least browse through it. Looking through it has destroyed several “convenient” rationalizations that I have applied to my daily and long-term decision-making processes. The language is sometimes a bit archaic and stilted, but there are treasures within.